4 Golden Road Way, Chilmark

Alan Dershowitz purchased 4 Golden Rod Way in CHilmark from James Goodman for $385,000 on Dec. 28.

Lake Tashmoo Estate

Offered by Wallace & Co. Sotheby's International Realty

Private waterfront estate on Lake Tashmoo with 5 separate structures including a 3500 sq.ft main house featured in Architectural Digest, a Hutker designed home perched on the water's edge, a water view 1 bedroom studio, a rustic guest cottage surrounded by gardens and a large shed/workshop. When you arrive at this property you will find colorful perennial gardens sprinkled around a rolling landscape with mature trees. Enjoy over 200ft of waterfront on Lake Tashmoo with 2 deep water moorings. This is truly the best kept secret on the Island.

39 Sengekontacket Road, Oak Bluffs

39 Sengekontacket Road in Oak Bluffs sold for $1,200,000 on Nov. 19. 

19 Lagoon Pond Road, Oak Bluffs

19 Lagoon Pond Road in Oak Bluffs sold for $338,400 on Oct. 23. 

Median Home Prices Fall on Vineyard as Real Estate Market Begins to Stall

The price of the typical home on Martha's Vineyard fell for the first time in six years in 2006, as buyers left the market and sales figures dropped by nearly 30 per cent.

The median price for properties was down to around $690,000 in the third quarter of 2006, a fall of almost six per cent compared with a year earlier when the median price was around $732,000.

Renowned British Architect, Arts Publisher Acquire Blue Heron Farm for $21.9 Million

Blue Heron Farm, the Chilmark estate that President Obama and his family have rented for three past summer vacations, was sold last week for $21.9 million. The gentleman’s farm will be occupied by a high-profile European couple, Lord Norman and Lady Elena Foster of Thames Bank in Great Britain.

Two-Speed Economy: High End Is Spending, Bottom End Suffering

The good news for the Vineyard economy is that in the first three months of this year banks loaned some $240 million for new mortgages, well above the numbers for the previous two recession years.

Even better, said Chris Wells, president and chief executive officer of the Martha’s Vineyard Savings Bank, most of that was for new purchases rather than refinancing of existing loans, the biggest part of the mortgage business during the downturn.

53 Circuit avenue, Oak Bluffs

53 Circuit avenue in Oak Bluffs sold for $1,425,000 on June 15.

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