106 Peases Point Way South

$4,695,000

Downtown, Edgartown, MA 02539

Recently Listed

Residential Property Image/jpeg #1
1 / 45

Single Family Residence in Downtown, Edgartown

4 bedrooms

·

4 bathrooms

·

3345 SqFt

·

0.2199 acres

·

MLS #42366

MODERN COASTAL COTTAGE IN EDGARTOWN VILLAGE. Tucked away behind a picket fence and privet hedge, this charming, recently built custom home is within walking distance to Edgartown Village shops, restaurants and harbor, making it an ideal location for those seeking the vibrant atmosphere of downtown Edgartown. Step inside and be captivated by the fresh coastal décor and seaside-inspired palette, creating a bright and inviting interior. The open-designed Great Room is the heart of the home, featuring a spacious seating area with custom built-ins, and a gourmet cook’s kitchen equipped with Thermador® appliances, perfect for culinary enthusiasts. The adjoining sunroom with gas fireplace and French doors opens out to the beautifully landscaped backyard with bluestone terrace with pergola and built-in grill, offering ideal indoor-outdoor living and dining during the summer months -- while the Dining Room, complete with a wood-burning fireplace, provides a cozy space to share meals and special holidays during the off-season months. As an added bonus, there's an Office/Den on the first floor, perfect for working remotely from the island. This home boasts two primary suites, one on each floor, each featuring a double vanity, soaking tub, and walk-in glass shower Additionally, there are two bedrooms that share access to a beautifully appointed full bathroom. The Lower Level offers a spacious Family/TV Room and Game Room, providing ample space for entertainment and relaxation. The private and fenced backyard features a bluestone terrace with a pergola and a built-in outdoor kitchen, perfect for alfresco dining and entertaining. With a permit in place for a 14'x36 pool, there's also the opportunity to create a private backyard oasis with swimming pool for summer enjoyment. Notably, this home has an impressive rental income history of $200,000 per year and furnishings are available separately for those looking for a turnkey purchase opportunity. With its stunning design, remarkable amenities, and prime location, this beautiful home presents an exceptional opportunity to own a piece of Edgartown Village living at its finest.

Property highlights

Unfurnished

Public Beach

Patio

Town Sewer

Cable

Town Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
The Lower Level features an 700 square feet of finished living space including a Game Room and Family/TV Room -- as well as laundry and a full bath with tub/shower. There are large egress windows in the Family/TV Room that allow plenty of natural light. NOTE: This space is included in the total square footage of 3345 shown on listing.
Fireplace Features:
One (1) Gas Fireplace and One (1) Wood-Burning Fireplace
Flooring:
Hardwood + Tile
Foundation Types:
Poured Concrete
Frontage Type:
None
Heating:
GFHA
Interior Features:
AC,Ins,Irr,Media,OShFloor 1: The first floor is comprised of a open-designed living space combining Living Room, Sun Room and a gourmet cook's Kitchen. There is also a formal Dining Room with wood-burning fireplace plus an Office/Den and a first-floor Primary Bedroom with en suite bath.Floor 2: The second floor features three bedrooms and two baths -- including a second Primary Bedroom with en suite bath featuring double vanity, soaking tub and walk-in shower.Floor 3: N/A
Link MLS Comments:
Located at the corner of Peases Point Way South and North Street; the driveway and parking access is off of North Street. Note: There are summer tenants in residence and showings will require a minimum of 48 hours advance notice.
Lot Features:
Professionally Landscaped Yard
Parking Features:
Off-Street Parking
Possible Use:
Assessed Building Value:
1410500.00
Assessed Land Value:
1149000.00

Price History

August 26, 2024
$4,695,000
July 30, 2024
$4,795,000

Tax Information

This property was most recently assessed in 2024. It has been assessed at a value of $2,559,500. The annual tax responsibility for this property is $6,527.

Contact an Agent
Phone number
(508) 696-7777

Property Location

©2022 LINK, All Rights Reserved. Not responsible for misinformation or typographical errors. Prices are subject to change without notice. Listed by Compass | Point B.