Open fields at Bliss Pond Farm in Chilmark will be permanently protected following a conservation purchase by the Martha’s Vineyard Land Bank this week. The land bank announced Wednesday that it had paid $1.46 million for the restriction on the 34-acre field. The seller is Juliana Flanders.

The well-known 61-acre property is situated at the intersection of the Menemsha Crossroad and the North Road.

“The restriction guarantees that . . . the 34-acre field will remain permanently open and grassy,” the land bank said in an announcement on its Facebook page Wednesday. It also said: “Conservation of farm fields, particularly those located along or visible from public roads, has long been a top land bank goal. Bliss Pond Farm was identified by the Chilmark land bank board as a priority at its very first meeting in June of 1986.”

The Chilmark selectmen voted to allow the conservation restriction at a meeting earlier this summer.