ESTEEMED BUILDER READY to BREAK GROUND! Purchase this exceptional lot in Lagoon Ridge and start building your ISLAND DREAM 3 BR 3.5 home today! Purchase lot ($700,000)& Execute a BUILDING CONTRACT ($1,400,000 )or choose your own builder... Call for details and schedule a tour! Welcome to Oak Bluffs’ newest and most sought-after neighborhood, where you can construct your 3-bedroom home on a lofty setting, 95 feet above Lagoon Pond. Enjoy sweeping sky views, colorful sunsets, and refreshing salty sea breezes. This outstanding building lot is among the last remaining opportunities in this thriving community. Utilities are already at the site, including town water, electric, and a private Amphidrome wastewater system, saving you the cost and inconvenience of a septic system. Lagoon Ridge borders acres of pristine conservation land, with easy access to scenic biking and hiking trails, providing the perfect blend of privacy and outdoor adventure. Located in desirable Oak Bluffs and central to all down-Island towns, this active and vibrant community is experiencing significant construction momentum. Don’t miss the chance to be part of this attractive neighborhood! Call for details and to schedule a tour of existing homes in Lagoon Ridge. Price is for the lot only; the home pictured is a sample of what can be built. Contact us today for a private tour of this exceptional offering!
For sale
Price increase: $1.4M (11/9)
$2,100,000
2 Hope's Way, Oak Bluffs, MA 02557
3beds
2,019sqft
Est.:
Single Family Residence
Built in 2026
0.26 Acres Lot
$2,024,500 Zestimate®
$1,040/sqft
$25/mo HOA
What's special
Refreshing salty sea breezesColorful sunsetsSweeping sky views
- 31 days |
- 579 |
- 21 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 08:13am
Listed by:
Marilyn Moses Cell 617-462-0381 ANYTIME!,
Ocean Park Realty Inc
Source: LINK,MLS#: 43940
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Other
Appliances
- Included: Stove: Allowance, Washer: Allow
Features
- Ins
- Flooring: Wood
- Basement: Full unfinished
- Fireplace features: O
Interior area
- Total structure area: 2,019
- Total interior livable area: 2,019 sqft
Property
Parking
- Parking features: Yes
Features
- Exterior features: PubBch, Cov
- Has view: Yes
- View description: None, Trees/Woods
- Frontage type: None
Lot
- Size: 0.26 Acres
- Features: Yes
Details
- Additional structures: On Site Amphidrome Wastewater System
- Parcel number: 6
- Zoning: R3
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Poured with full basement
Condition
- Year built: 2026
Utilities & green energy
- Sewer: Septic Tank
- Water: Town
- Utilities for property: Cbl
Community & HOA
HOA
- Has HOA: Yes
- Services included: Road maintenance, Amphidrome sewage system (see attached document) EXACT Fee approximately $3600 a year (professional management by First Property Management Company)
- HOA fee: $300 annually
Location
- Region: Oak Bluffs
Financial & listing details
- Price per square foot: $1,040/sqft
- Tax assessed value: $564,000
- Annual tax amount: $2,948
- Date on market: 11/9/2025
- Listing agreement: E
Estimated market value
$2,024,500
$1.92M - $2.13M
$3,962/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2025 | Price change | $2,100,000+200%$1,040/sqft |
Source: LINK #43940 Report a problem | ||
| 11/6/2025 | Listed for sale | $700,000+0.7%$347/sqft |
Source: LINK #43895 Report a problem | ||
| 8/28/2023 | Listing removed | $695,000$344/sqft |
Source: LINK #38666 Report a problem | ||
| 2/10/2023 | Price change | $695,000-45.5%$344/sqft |
Source: LINK #38666 Report a problem | ||
| 1/18/2022 | Listed for sale | $1,275,000$632/sqft |
Source: Martha's Vineyard MLS #32100326 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,948 +6.2% | $583,700 +10% |
| 2024 | $2,775 +122.5% | $530,500 +124.6% |
| 2023 | $1,247 +8.1% | $236,200 +39% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,332/mo
Principal & interest
$10697
Property taxes
$875
Other costs
$760
Climate risks
Neighborhood: 02557
Nearby schools
GreatSchools rating
- 7/10Oak Bluffs Elementary SchoolGrades: PK-8Distance: 2.1 mi
- 5/10Martha's Vineyard Regional High SchoolGrades: 9-12Distance: 1.2 mi
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