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Sold for $2,250,000 on 10/27/23
  • $2,250,000

    70 Marthas Rd, Edgartown, MA 02539

    3beds
    1,875sqft
    Single Family Residence
    Built in 2000
    0.51 Acres Lot
    $2,328,700 Zestimate®
    $1,200/sqft
    $5,012 Estimated rent

    Home value

    $2,328,700

    $2.17M - $2.49M

    $5,012/mo

    Zestimate® history
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    $13,622/mo

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    $13,622/mo

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    What's special

    A DIAMOND IN ISLAND GROVE - Nestled amidst the enchanting beauty of Martha's Vineyard, discover a slice of paradise in the coveted Island Grove neighborhood located between Edgartown Village and Katama. Welcome to a truly exceptional retreat, where timeless elegance meets modern luxury. The residence seamlessly blends traditional New England charm with modern sophistication. The entrance and living room feature a two-story brick fireplace and impressive, cathedral ceiling, creating an airy and open atmosphere that welcomes you immediately. The open concept living spaces are designed to maximize natural light and create a sense of spaciousness. The gourmet kitchen is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and a large dining island for 6! A convenient powder room is located on the main level, perfect for guests. The first-floor primary suite is a sanctuary of relaxation, boasting a luxurious ensuite bathroom which offers direct access to a deck, outdoor shower and your backyard paradise. A few steps further onto a bluestone patio, perfect for al fresco dining and entertaining, overlooking the sparkling heated gunite pool, the focal point of relaxation and recreation, ensuring enjoyment even during cooler seasons. Gather around the firepit in the evenings for cozy conversations and stargazing. The property is tied into the town sewer, allowing for up to 6 bedrooms, making it ideal for large families and guests. This property offers the potential for prime rental income, making it a lucrative investment opportunity for those looking to share the Martha's Vineyard experience with others. Association amenities include tennis courts with pickle ball as well. Conveniently located on Meetinghouse Road, you have easy access to the airport and up-island destinations, ensuring your island adventures are just a short drive away. Whether you seek a serene retreat, a year-round residence, or a savvy investment, this is an opportunity to own a piece of Martha's Vineyard's finest. Furnishings are available separately, providing a turn-key opportunity for those seeking an effortless transition into their new Martha's Vineyard home.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2023 at 11:13pm

    Listed by:

    Melanie Rankow Prescott,

    Compass | The O'Hanlon Group

    Bought with:

    Sandpiper Realty, Inc.

    Sandpiper Realty

    Source: LINK,MLS#: 41230

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • GFHA
    Appliances
    • Included: Stove: Wolf Dual Fuel 6 burner, Washer: LG
    Features
    • AC, Ins, Irr, OSh, Floor 1: Living room, kitchen, sunroom, powder room, laundry & primary suite., Floor 2: Two spacious guest rooms and shared bath.
    • Flooring: Oak + Tile
    • Basement: Full poured unfinished inluding bulkhead access.
    • Fireplace features: 1 Wood Burning
    Interior area
    • Total structure area: 1,875
    • Total interior livable area: 1,875 sqft

    Property

    Parking
    • Parking features: Yes, 4
    Features
    • Exterior features: PubBch, C/Tennis, Garden, Patio, Porch, P/Pool
    • Has view: Yes
    • View description: None, Trees/Woods
    • Frontage type: None
    Lot
    • Size: 0.51 Acres
    • Features: Professionally landscaped, mature plantings, specimen trees, lighting
    Details
    • Additional structures: 12x16 Storage Shed
    • Parcel number: EDGAM0028B0075L
    • Zoning: R20

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Full Poured
    Condition
    • Year built: 2000
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Town
    • Water: Town
    • Utilities for property: Cbl

    Community & neighborhood

    Location
    • Region: Edgartown

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $400 annually
    • Services included: Tennis Courts, Common Land + Road Maintenance, Snow Removal

    Other

    Other facts
    • Listing agreement: E

    Price history

    DateEventPrice
    10/27/2023Sold$2,250,000-4.3%$1,200/sqft
    Source: LINK #41230
    9/27/2023Pending sale$2,350,000$1,253/sqft
    Source: LINK #41230
    8/28/2023Contingent$2,350,000$1,253/sqft
    Source: LINK #41230
    8/23/2023Listed for sale$2,350,000+104.3%$1,253/sqft
    Source: LINK #41230
    8/14/2020Sold$1,150,000$613/sqft
    Source: Martha's Vineyard MLS #32000230

    Public tax history

    YearProperty taxesTax assessment
    2025$4,644 +18.1%$1,752,300 +13.6%
    2024$3,932 +3.6%$1,542,000 +2.3%
    2023$3,797 +9.9%$1,506,700 +32.2%

    Find assessor info on the county website

    Neighborhood: 02539

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,328,700
    2% more+ $46,574
    With Zillow Showcase(estimated)
    $2,375,274