5 Louis Field Rd Edgartown, MA 02539
Edgartown NeighborhoodEstimated payment $50,114/month
About This Home
SWEETENED WATER FARM ESTATE. Located just one mile from the heart of historic Edgartown Village, this compound in Sweetened Water Farm presents a rare opportunity to become the next steward of an extraordinary Martha’s Vineyard estate. Privately sited on 4.6 acres of exquisitely cultivated gardens, this remarkable property has been featured in several publications celebrating the island’s most exceptional garden landscapes. Spanning three contiguous parcels — including a 6-bedroom Main House, a 5-bedroom Guest House, and a vacant 1.28-acre lot — the compound offers remarkable potential for restoration, transformation, or expansion for a visionary buyer. This offering is more than real estate — it’s an invitation to reimagine, restore, and elevate a legacy property with timeless appeal. Whether you are looking to craft a multigenerational retreat, a private enclave, or a distinctive Vineyard estate, this treasured Sweetened Water Farm property is ready for its next chapter. Become the next custodian of this unique island treasure — and craft your forever place on Martha’s Vineyard.
Listing Agent
Wendy Harman
Compass | Point B Listed on: 06/23/2025
Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,369
Year Built
1965
Lot Details
0
Listing Details
- Property Sub Type: Multi Family
- Property Type: Multi Family
- Co List Office Mls Id: 811
- Special Features: None
- Year Built: 1965
Interior Features
- Appliances: Stove: Yes, Washer: Yes
- Full Bathrooms: 8
- Half Bathrooms: 1
- Total Bedrooms: 11
- Fireplace Features: Two (2) Wood-Burning Fireplaces In Each Home
- Interior Amenities: AC,Irr,OSh, Floor 1: The first floor is comprised of a Formal Living Room with fireplace, an open-designed formal Dining area and multiple sitting areas -- as well as a large eat-in country kitchen with fireplace anchored around a large center prep island with counter seating. There are also three bedrooms and two full baths in the bedroom wing., Floor 2: The second floor is comprised of an expansive Owner's Suite located at the top of a private staircase and featuring a private balcony and private bath featuring double vanity, soaking jacuzzi tub and walk-in shower. A separate staircase leads to a TV/Lounge area plus two bedrooms and a full bath.
- Main Level Bedrooms: 3
- Total Bedrooms: 17
Exterior Features
- Pool Private: No
Garage/Parking
- Parking Features: Ample Off-Street Parking
Utilities
- Sewer: Septic Tank
- Utilities: Cbl
- Water Source: Town
Lot Info
- Lot Size Sq Ft: 202118
- Land Lease Expiration Date: 2026-06-29
- Zoning: R20
Multi Family
- Number Of Units Furnished: Unfurnished
Tax Info
- Tax Annual Amount: 26018
- Tax Lot: 121.1 + 121.2 + 121.3
- Tax Map Number: 21
- Tax Other Annual Assessment Amount: 2479200
- Tax Year: 2025
Home Values in the Area
Average Home Value in this Area
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 | $2,369 | $894,100 | $894,100 | $0 |
2024 | $2,280 | $894,100 | $894,100 | $0 |
2023 | $2,155 | $855,000 | $855,000 | $0 |
2022 | $1,901 | $627,500 | $627,500 | $0 |
2021 | $5,182 | $544,600 | $544,600 | $0 |
2020 | $1,677 | $500,500 | $500,500 | $0 |
2019 | $11,139 | $485,700 | $485,700 | $0 |
2018 | $1,744 | $441,600 | $441,600 | $0 |
2017 | $1,672 | $471,000 | $471,000 | $0 |
2016 | $1,545 | $426,900 | $426,900 | $0 |
2015 | $1,481 | $426,900 | $426,900 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/23/2025 06/23/25 | For Sale | $8,995,000 | -- | $929 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Deed | -- | -- |
Source: LINK (Vineyard)
MLS Number: 43471
APN: EDGA-000021-000121-000003
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