NOT LISTED FOR SALE

65 Butlers Cove Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $5,688,000 - $16,090,101

6 Beds
6.5 Baths
10,000 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $13,000,000 $1,300 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $61,961/month

831 Days on Market

Highlights

  • 9 Acre Lot
  • Deck
  • Screened Porch
  • Pasture Views
  • Wood Flooring
  • Fireplace

About This Home

As of December 2020

Located in the exclusive Herring Creek Farm Association and offering over 10,000 square feet of exquisitely appointed living area, lies this magnificent waterfront estate. The classic architecture is complimented by the well-executed floor plan. The ground floor offers wonderful living spaces including a grand entrance with dining room, gourmet kitchen, family room and screened porch to one side, and a living room, sunroom and den to the other. There is a ground floor suite plus 5 additional 2nd floor bedrooms including a luxurious master suite. The residence is complimented by an attached 3-car garage with parking courtyard, a large pool and patio area and a open porch with stone fireplace. The beautifully landscaped grounds offer sunset views across the pond and barrier beach as well as expansive views across the open fields and stable to the east. The common association land offers over 100 acres of open fields, a horse stable and over 1,500 feet of private Atlantic beach. Complete privacy, a luxurious turn-key house in a amazing setting, with private beach and all within a short drive to downtown Edgartown, makes this property one of the island’s finest.

Last Agent to Sell the Property

Gerrett Conover

Landvest MV Listed on: 09/07/2018

Last Buyer's Agent

Mark Jenkins

Wallace & Co. Sotheby's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,632

Year Built

  • Built in 2002

Lot Details

  • 9 Acre Lot
  • Garden
  • Property is zoned RA120

Interior Spaces

  • 10,000 Sq Ft Home
  • Fireplace
  • Screened Porch
  • Wood Flooring
  • Pasture Views
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • $13,353,595 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,632

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Pnd
  • Lot Features: Expansive
  • LotSizeAcres: 9
  • View: Pasture
  • Co List Office Mls Id: 786
  • Building Area Total: 10000
  • Has Fireplace?: No
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Yes
  • Flooring: Hardwood
  • Interior Amenities: A,AC,Irr,OSh, Floor 1: Entering in through the front door, brings you to a lovely bright foyer where the main staircase is as well as access to back yard. To the right is the formal dining room with fireplace, gourmet kitchen with fireplace, casual dining area, center island with 3 breakfast stools, living room with fireplace that connects to a screened porch. To the left of the foyer is another sitting room with fireplace, an office/TV room with fireplace, sunroom with wet bar & fireplace and access to pool/patio. There is also a 1st floor bedroom suite with access to poo/patio area., Floor 2: The 2nd floor consists of five bedroom suites including the master bedroom suite with fireplace, private balcony and office with fireplace
  • Total Bedrooms: 14

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, Garden, Patio, Porch, ScrPorch, P/Pool, H/Tub, PvtBch

Garage/Parking

  • Parking Features: Circular Driveway plus brick driveway

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 392040
  • Land Lease Expiration Date: 2021-01-01
  • Zoning: RA120

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 74631.5
  • Tax Lot: 47
  • Tax Map Number: 44
  • Tax Other Annual Assessment Amount: 13353595
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 22, 2020
Sold by
Butlers Cove Rt
Bought by
65 Butlers Cove Rt
Seller's Agent
Gerrett Conover
Landvest MV
Buyer's Agent
Mark Jenkins
Wallace & Co. Sotheby's
List Price
$21,000,000
Sold Price
$13,000,000
Premium/Discount to List
-$8,000,000
-38.1%
Current Estimated Value
$10,889,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,110,949
Avg. Annual Appreciation
-3.10%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
65 Butlers Cove Rt $13,000,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $13,000,000 -38.1% $1,300 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
09/07/2018 09/07/18 For Sale $21,000,000 -- $2,100 / Sq Ft
Source: LINK (Vineyard)

Tax History Compared to Growth

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 $50,761 $19,155,200 $8,512,700 $10,642,500
2024 $46,449 $18,215,100 $8,512,700 $9,702,400
2023 $45,214 $17,942,000 $8,158,700 $9,783,300
2022 $60,450 $19,950,367 $12,482,367 $7,468,000
2021 $64,981 $19,811,150 $11,532,650 $8,278,500
2020 $72,468 $21,632,095 $13,353,595 $8,278,500
2019 $83,716 $21,632,100 $13,353,600 $8,278,500
2018 $91,067 $20,870,700 $13,353,600 $7,517,100
2017 $79,973 $22,527,600 $14,837,300 $7,690,300
2016 $46,166 $12,753,100 $5,949,200 $6,803,900
2015 $43,356 $12,494,500 $5,690,600 $6,803,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gerrett Conover

    Landvest MV

  • M

    Buyer's Agent in 2020

    Mark Jenkins

    Wallace & Co. Sotheby's

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 34264

APN: EDGA-000044-000047

Massachusetts Dukes County Edgartown 02539 Edgartown

65 Butlers Cove Rd, Edgartown, MA

This home is located at 65 Butlers Cove Rd, Edgartown, MA 02539 since 07 September 2018 and is currently estimated at $10,889,051, approximately $1,088 per square foot. This property was built in 2002. 65 Butlers Cove Rd is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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