$2,995,000
$305K PRICE DROP

Estimated payment $16,753/month

Total Views 10,507
5 Beds
4.5 Baths
4,115 Sq Ft
$728 Price per Sq Ft

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • 1.5 Acre Lot
  • Wooded Lot
  • 1 Fireplace

About This Home

Here is the Edgartown compound you've been waiting for - a 5-bedroom main house, 2-bedroom guest house, and elevated swimming pool area located on 1.5 acres. Next door there is 25 acres of conservation land. The property is barely 2/10s of a mile to Morning Glory Farm, and just a mile and a half to the village on the bike path. The house combines island country charm with modern amenities - honey pine floors, Douglas fir beams, and shiplap pine ceilings are among the custom details. The spacious kitchen has just undergone a renovation that includes new appliances and countertops. The guest house is in classic beach cottage style with open floor plan and cathedral ceilings. Get ready to make memories here. Sitting out and enjoying dinner beneath the stars on a balmy summer evening will be a highlight. The backyard is its own oasis with its centerpiece being an elevated pool with mahogany decking. With an acre and a half of land there is plenty of space to install other amenities your family might desire - Bocce court, firepit, the list is long. This property could be your family's Martha's Vineyard escape, and it can also be a healthy source of rental income to offset your expenses Right now the property generates over $100,000 in rental income annually - close soon and the money is yours! Showings will begin on April 20, 2025 - more photos to come.

Listing Agent

Bonnie Pierce

Wallace & Co. Sotheby's International Realty License #448003508 Listed on: 04/02/2025

Wallace & Co. Sotheby's International Realty

Co-Listing Agent

Mark Jenkins

Wallace & Co. Sotheby's International Realty License #448006617

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 1.5 Acre Lot
  • Near Conservation Area
  • Paved or Partially Paved Lot
  • Cleared Lot
  • Wooded Lot
  • Garden

Parking

  • Open Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 4,115 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Above Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Level Entry For Accessibility
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 282471

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Horse Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Lot Size Acres: 1.5
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Co List Office Mls Id: WALL
  • Co List Office Phone: 508-627-3313
  • Directions: West Tisbury Road toward Morning Glory Farm #357 on right
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Entry Location: Unit 1: First Floor
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Carpet, Tile, Laminate, Hardwood
  • Living Area: 4115
  • Stories: 3

Exterior Features

  • Exterior Features: Garden, Outdoor Shower
  • Lot Features: Bike Path, School, Shopping, Public Tennis, Horse Trail, Near Golf Course, Conservation Area, Cleared, Wooded
  • Pool Features: Pool, Above Ground
  • Pool Private: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Clapboard, Shingle Siding
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes

Utilities

  • Gas: Propane
  • Sewer: Private Sewer
  • Utilities: HU Cable TV
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R60
  • Lot Size Sq Ft: 65340
  • Parcel #: 282471

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5590
  • Tax Book Number: 1626

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,591 $2,109,700 $448,700 $1,661,000
2024 $4,711 $1,847,300 $448,700 $1,398,600
2023 $4,350 $1,726,000 $407,100 $1,318,900
2022 $4,078 $1,345,800 $407,100 $938,700
2021 $3,542 $1,080,000 $406,800 $673,200
2020 $3,124 $932,600 $369,800 $562,800
2019 $3,731 $964,200 $369,800 $594,400
2018 $3,122 $806,800 $369,800 $437,000
2017 $2,617 $737,200 $369,800 $367,400
2016 $2,471 $682,500 $343,000 $339,500
2015 $2,032 $585,700 $343,000 $242,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 Price Changed $2,995,000 -9.2% $728 / Sq Ft
04/02/2025 04/02/25 For Sale $3,300,000 -- $802 / Sq Ft
Source: Martha's Vineyard MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Land Court Massachusetts $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $685,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $590,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,000 No Value Available
Previous Owner $341,620 Purchase Money Mortgage
Previous Owner $380,000 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

Source: Martha's Vineyard MLS

MLS Number: 32500096

Martha

APN: EDGA-000028-000247-000001