A property in the Green Hollow section of Edgartown sold last week for $20.5 million, still falling shy of a record for single family real estate sales on Martha’s Vineyard.
A home in the Oyster Watcha Midlands section of Edgartown sold this week for $24.75 million, just shy of the record price for single family home sales on the Vineyard, set nine years ago. The sellers are Megan and Warren Adams.
One of the largest privately-owned properties on the Vineyard goes on the market today with a record asking price. The 314 acres in West Tisbury feature dry oak forest, a private freshwater pond and some 1,200 feet of unspoiled Atlantic Ocean beachfront.
A large tract of rare and secluded oceanfront land owned by the Kennedy family in Aquinnah has been placed on the market for sale.
Two undeveloped lots totaling 93 acres from the 377-acre Red Gate Farm were listed for sale this week. One lot is about 53.5 acres, fronting the Atlantic Ocean, with an asking price of $25 million. The second lot is 39.5 acres with more than 1,000 feet of frontage on Squibnocket Pond, deeded beach access off Moshup Trail and an asking price of $20 million.
A rare, unspoiled property fronting an expansive and remote stretch of the south shore in West Tisbury was placed on the market Thursday with an asking price of $92 million.
The 266-acre property, one of the largest contiguous landholdings on the Vineyard, is owned by Gerald DeBlois, a longtime resident of West Tisbury. The property that has been placed on the market does not include Mr. DeBlois’s residence which sits on a separate parcel of about 50 acres and is not for sale.
Some 81 acres of land that was formerly part of the storied
Pohogonot Farm in Edgartown was sold to a private buyer late last week
for a total sale price of $15.5 million. The sale marks the largest
single residential real estate transaction in dollar value in the
history of the Island, topping the $12 million sale of 80 acres on the
North Shore in West Tisbury last year.
The property was purchased by three realty trusts; the principal
owner behind the trusts wishes to remain private.
A house on Starbuck's Neck in Edgartown whose history as a
summer home dates back a full century was sold this week for a record
$21.8 million.
The home, still known to most Vineyard residents as the former Sharp
house, was purchased by a private buyer. This marks the second record
sale for the same house in less than two years.
It began with a suburban-style subdivision plan, polished
like a shiny apple: Maximum density, 54 luxury homes, two beach clubs
with swimming pools.
It ended last week with a record real estate sale and a
subdivision plan of a markedly different color: Six new luxury homes
added to five existing homes and a vast sweep of farmland saved
forever.
But between the beginning and the end of the Herring Creek
Farm story there is another story.
