$5,750,000
OPEN THU 3PM - 5PM NEW CONSTRUCTION

Estimated payment $31,943/month

Total Views 9,068
4 Beds
5 Baths
3,643 Sq Ft
$1,578 Price per Sq Ft

About This Home

NEW CONSTRUCTION: REIMAGINED ISLAND LIVING AT SOMERSET. Construction for 4 Somerset Lane is now complete and the property is move-in ready for summer! Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort. This curated home has been perfectly designed for entertaining, peaceful relaxation, working from home -- and features spacious living spaces conducive to hosting and entertaining family and friends. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room for an in-ground pool, pool house/cabana and outdoor fire pit. The beautifully designed interiors will feature a fresh coastal style and will evoke a sense of casual island living and barefoot elegance. **ABOUT THIS HOME***: This smartly-designed luxury residence will include 3,643-square feet of finished interior living space -- with an additional 887 square feet of outdoor living spaces, including a spacious covered portico and second-floor screened porch -- for a combined total of over 4,530 square feet. Somerset offers a one-of-a-kind opportunity to own in premiere Katama location, with easy access to Edgartown Village, The Field Club -- as well as the bicycle path and South Beach.

Listing Agent

Wendy Harman

Compass | Point B Listed on: 07/11/2024

Open House Schedule

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

2024

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 811
  • Special Features: 3
  • Year Built: 2024

Interior Features

  • Appliances: Stove: Wolf® Gas Range, Washer: N/A
  • Has Basement: There is a full unfinished basement.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood-Burning Fireplace in Living Room
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: The first floor is comprised of an open-designed Living/Dining Room with wood-burning fireplace, built-in wet bar and a Gourmet Cook's Kitchen with center island and a cozy Breakfast Nook. A formal Dining Room is privately sited and could also be used as a Den/TV Room. There is an expansive Owner's Suite with a private Study/Office, walk-in closets and a luxurious spa-like bathroom with double vanity and a wet room with soaking tub and two showers -- plus direct access to the outdoor shower. French doors open from the Living Area and Bedroom Suite onto a covered outdoor portico with comfortable space for lounging and alfresco dining. Rounding out the Main Level is a Powder Room, Pantry, Laundry Room and a Mudroom entrance., Floor 2: The second floor is comprised of three bedrooms, three full baths with tub/shower, a Den with Powder, Room PLUS a spacious screened porch.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Off-Street Parking + 2-Car Garage

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 23267
  • Land Lease Expiration Date: 2025-12-31
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 101.5
  • Tax Map Number: 36
  • Tax Year: 2024
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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 $2,227 $840,400 $840,400 $0
2024 $2,143 $840,400 $840,400 $0
2023 $2,134 $846,800 $846,800 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $5,750,000 0.0% $1,578 / Sq Ft
07/11/2024 07/11/24 For Sale $5,750,000 -- $1,578 / Sq Ft
Source: LINK (Vineyard)

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Source: LINK (Vineyard)

MLS Number: 42267

APN: EDGA M:0036 B:0101 L:4