On the Market

4 Somerset Lane, Edgartown

Summer is here and construction for 4 Somerset Lane is currently underway with a targeted completion date of November, 2024. Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort.

About this Neighborhood

 

Windswept grasslands mark the topography at Katama, an area of seasonal and year-round homes bounded by Katama Bay to the east and the Atlantic-facing South Beach, a popular public beach in the summer, at the extreme southern end. A long bike path runs from downtown Edgartown through Katama. Open farmland dominates the center of the landscape.

 

Recent Home Sales

Edgartown
Jane Kentnor Dean purchased 9 Hannahs Way in Edgartown from Leo Catino for $1,099,000 on August 27.
Oak Bluffs
Michael Peters purchased 3 Evans Way in Oak Bluffs from Geoghan E. Coogan Trust and 25 Inca Road Nominee Trust for $175,000 on...
James Sullivan and Kelley L. Sullivan purchased 11 Deacon Vincent Way in Edgartown from Wayne D. Petty and Laura J. Anderson for $1,675,000 on August...

Real Estate News

The Martha’s Vineyard real estate market in 2023 began to level off after two straight years of an unprecedented surge in sales and pricing.
The Martha’s Vineyard Commission last week opened hearings on two applications to subdivide family-owned properties into multiple lots, but declined...
The Edgartown selectmen voted this week to accept a conservation restriction that will be placed on 164 acres of land held by the Kohlberg family.