4 Somerset Lane

Edgartown, MA 02539

$5,750,000
Price
23,267 / 0.53
Lot Size / Acres

Description

New Construction: Reimagined Island Living At Somerset - 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. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room...New Construction: Reimagined Island Living At Somerset - 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. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room for an in-ground pool, and pool house/cabana. This luxury residence will include 3,643-square feet of finished interior space -- with an additional 887 square feet of outdoor living spaces, including a spacious covered portico and second-floor screened porch -- for a combined total of over 4,530 square feet. Somerset offers a one-of-a-kind opportunity to own in premiere Katama location, with easy access to Edgartown Village, The Field Club -- as well as the bicycle path and South Beach.

Property Details for 4 Somerset Lane

Town
Edgartown
MLS Area
Katama
Area
MA-Edgartown-Katama, MA-Edgartown
LISTING UPDATED: 08/06/2024 10:06 AM

Property Details for 4 Somerset Lane

StatusActive
MLS #73264867
Days on Market107
Taxes$2,143 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyDukes County
Buyer's Agent Compensation2%

Building Information for 4 Somerset Lane

Lot Size0.53 AC

Property Information for 4 Somerset Lane

General Details
Property Details
  • Building Area Units: Square Feet
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Level, Cleared
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Utilities
  • Electric: On-Site
  • ElectricOnPropertyYN: Yes
  • Gas: On-Site
  • Sewer: Private Sewerage
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:0036 B:0101 L:4,5196493
  • Assessments: $840,400
  • Book: 550
  • Lot: 101.5
  • Map: 36
  • Tax Year: 2024
  • Zoning: R20
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 4 Somerset Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4 Somerset Lane

Taxable ValueLand$840,400Additions-Total$840,400
Tax Record2024$2,143 ($179 / month)
Home Facts
Beds0Lot Size23,267 SqFtStyleResidentialCountyDUKESAPNEDGA M:0036 B:0101 L:4

Schools near 4 Somerset Lane

This home is within Edgartown School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Edgartown Elementary School
PublicPK to 8

Marthas Vineyard Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4 Somerset Lane is a 0.53 ac of land for sale in Edgartown, MA 02539. This property was listed for sale on July 15, 2024 by Compass, it's currently listed at $5,750,000. This listing's school districts are Edgartown School District, Marthas Vineyard School District. Nearby schools include Edgartown Elementary School and Marthas Vineyard Regional High School. 4 Somerset Lane is a 0-bed, 0-bath, 0.53 ac of land on a 23,267 sq. ft. / 0.53 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.