NOT LISTED FOR SALE

8 Milikin Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $5,148,000 - $7,383,000

2 Acres
$3,131,085 Price per Acre
87,120 Sq Ft Lot

Last Sold May 17, 2017

Last sale price $1,250,000

Est. 401% increase in value since last sale

Current estimated payment $34,454/month

256 Days on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Bike Trail
  • Wooded Lot
  • Views
  • Level Lot

About This Lot

As of May 2017

KATAMA - 2 acre parcel that can support 8 bedrooms. Create your dream house with guest house and pool if you so desire. Height restriction is 32' therefore a second story waterview is likely depending on where you site your house. Plenty of options makes this unique piece of land very attractive to both the end user or speculative builder. This parcel is surrounded by multimillion-dollar properties and across the road from the Field Club.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's International Realty License #9507981 Listed on: 06/15/2016

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Bonnie Pierce

Wallace & Co. Sotheby's International Realty License #9507981 Listed on: 06/15/2016

Wallace & Co. Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,639

Year Built

  • 2019

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Property is zoned R60

Utilities

  • Well Required
  • Private Sewer
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number TAX ID NOT FOUND

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$14,639

Year Built

2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 2
  • Road Frontage Type: Private Road
  • Directions: Katama Road to Milikin Way. This is a private road. It would be best to have listing broker meet you at the land to explain and understand what is being offered.
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, Wooded, Views, Level
  • Waterfront: No

Utilities

  • Sewer: Private Sewer
  • Electric: At Street
  • Telephone: At Street
  • Gas Company: No Gas
  • Utilities: Cable Available
  • Electricity On Property: No
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R60
  • Lot Size Sq Ft: 87120
  • Parcel #: TAX ID NOT FOUND
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
May 17, 2017
Sold by
Bernstein Michael D and Bernstein Sara R
Bought by
8 Milikin Way Nt
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Bonnie Pierce
Wallace & Co. Sotheby's International Realty
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Total Days on Market
256
Current Estimated Value
$6,262,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,012,170
Avg. Annual Appreciation
21.28%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8 Milikin Way Nt $1,250,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $1,250,000 -5.7% --
02/27/2017 02/27/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,325,000 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $14,639 $5,524,200 $1,155,200 $4,369,000
2024 $13,504 $5,295,800 $1,155,200 $4,140,600
2023 $12,821 $5,087,700 $1,166,200 $3,921,500
2022 $11,085 $3,658,300 $1,153,800 $2,504,500
2021 $3,773 $1,150,200 $1,013,100 $137,100
2020 $3,842 $1,147,000 $1,147,000 $0
2019 $3,699 $955,900 $955,900 $0
2018 $3,699 $955,900 $955,900 $0
2017 $8,245 $2,322,600 $2,322,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Pierce

    Seller's Agent in 2017

    Bonnie Pierce

    Wallace & Co. Sotheby's International Realty

    (508) 367-2303

    35 in this area

    51 Total Sales

    Bonnie Pierce
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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21606096

Cape Cod & Islands Association of REALTORS®

APN: EDGA-000036-000342-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

8 Milikin Way, Edgartown, MA

This home is located at 8 Milikin Way, Edgartown, MA 02539 since 15 June 2016 and is currently estimated at $6,262,170. This property was built in 2019. 8 Milikin Way 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.

Cape Cod & Islands Association of REALTORS® All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS®, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS®, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal. Copyright 2025 © Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.

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