Beautiful Martha’s Vineyard Home for Sale in Vineyard Haven

Vineyard Haven Home for Sale Beautiful Marthas Vineyard Home for Sale in Vineyard HavenOne of the island’s preeminent craftsmen built this house for his own family and spared no effort or expense in creating a lovely in-town oasis. The combination of hand crafted kitchen VH home 300x225 Beautiful Marthas Vineyard Home for Sale in Vineyard Havenarchitectural detail and reclaimed wood, along with the highest quality materials and systems, creates a distinctly European flair.

The house was designed with many living possibilities in mind, as there are two separate living areas, each with their own kitchens, perfect for extended family or rental income.

study VH Home for sale 300x225 Beautiful Marthas Vineyard Home for Sale in Vineyard Haven

The front part of the house contains an open kitchen and dining area, living room with rumford fireplace, wood paneled study and three bedroom suites. The back of the house features a large kitchen and dining area, bedroom with his and hers baths, expansive third floor bonus space and a media room. Completing the package is an 800 square foot garage/shop/office with its own private entrance from Martin Road, perfect for an in-home business.

For more information on homes for sale on Martha’s Vineyard, or to schedule a viewing, give us a call at 50-693-6626.
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Happy Spring! Get Your Rental Property Ready for a Successful and Problem Free Season

Mommy Where Are You 300x225 Happy Spring! Get Your Rental Property Ready for a Successful and Problem Free Season

Baby Lamb at Allen Farm

Finally, the calendar says it’s spring!  Warm weather, daffodils, pinkletinks and then, glorious summer are right around the corner.  It’s also time to prepare your rental property for the upcoming season.  We have had a snowy and windy winter on the island that has taken a toll on the island.  Here are some ideas for spring cleanup at your property:

 

 

  • Clean up the yard, any downed branches, blown leaves, damage done by plows, etc.
  • Wash windows (paying attention to the sill between the open window and screens), screens, outdoor furniture, porch ceilings and decks
  • Freshen up paint both inside and out
  • Wash mattress pads, pillow protectors, dust ruffles and comforters or coverlets
  • Thoroughly clean inside, cobwebs, behind furniture, inside drawers and cabinets, clean rugs, carpets and flooring
  • Ensure appliances are in good working condition and clean
  • Stock essentials such as dishwasher and laundry detergent, dish soap, toilet paper, light bulbs, kitchen storage items, etc.

Picture yourself paying a premium for a vacation rental and present the house the way you would appreciate having it.  Tenants are almost always incredibly respectful and careful with your property if they feel you really care about their comfort.  Your investment will pay off by having happy tenants that will leave your property in great condition and want to return again!

 

 

 

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For Sale on Martha’s Vineyard’s West Chop

Breathtaking Waterviews and So Much More

west chop marthas vineyard waterfront For Sale on Marthas Vineyards West Chop

This beautiful Martha’s Vineyard waterfront home was built to replicate the original 1905 structure.  This thoughtfully designed beach house exudes the casual and understated vernacular of the West Chop homes of the early 20th century.  west chop views from kitchen 300x225 For Sale on Marthas Vineyards West Chop

 

Every modern amenity is seamlessly incorporated, yet the 5 BR, sprawling cape style home looks like it has presided over the outer harbor for many years. Spectacular views of all the harbor activity, ferries, East Chop and the Cape can be enjoyed from 3 living levels and the sandy beach is perfect for sunning and swimming.
marthas vineyard for sale with waterview 300x225 For Sale on Marthas Vineyards West Chop

 

For more information on this stunning property, visit our listing, or give us a call at 508-693-6626.  waterviews from west chop home for sale 300x225 For Sale on Marthas Vineyards West Chop

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2014 Martha’s Vineyard Year-to-Date Sales Stats

TOWN

NO. OF SALES

HIGH

LOW

AVG. PRICE

MED. PRICE

AVG. ASSESSED

MED. ASSESSED

AVG. DOM

Chilmark

6

$5,400,000

$530,000

$2,000,000

$1,600,000

90%

102%

186

Edgartown

21

$9,000,000

$414,000

$1,900,000

$810,000

112%

111%

228

Oak Bluffs

21

$1,130,000

$300,000

$484,000

$455,000

104%

100%

124

Vineyard Haven

10

$3,500,000

$202,250

$965,000

$578,000

96%

101%

117

West Tisbury

6

$2,000,000

$455,000

$826,000

$625,000

109%

90%

168

There have been 64 sales on the island so far this year, which falls in line with the monthly average of 31 transactions per month we saw last year.  Sales prices have ranged from $202,250   to $9 Million, with an overall median price of $814,000.  Properties have sold between 90 – 112% of their assessed values with an average of between 101 – 102%.  Trends show that high-end properties usually sell for above assessed value while homes on the lower end sell for at or slightly lower than their assessments. Edgartown sales time, or days on market (DOM), averaged 228 days, while it took an average of 117 days to sell the properties in Vineyard Haven.  The overall average DOM was 165 days.

Edgartown and Oak Bluffs consistently lead the rest of the island in sales volume and they have both had 21 sales, accounting for 66% of all sales so far this year.  There were only 6 sales in Chilmark and 6 in West Tisbury, and no transactions at all in Aquinnah.  10 homes were sold in Vineyard Haven.

There are currently 326 single family homes for sale island wide.  The average asking price is $2.2 Million and the median is $999,000.  The average days on market is 346 days, due in part to our very seasonal market.

Check back here next month for a complete 1st quarter sales report.

 

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Rental Booking Update

The 2014 Martha’s Vineyard rental season is off to a very strong start, having actually started bookings back in Aug 2013. Most repeat tenants are aware the best properties and weeks book first and therefore the 4,000-10,000 range properties and Aug are pretty well locked in. There are a wide variety of options open to families who are a bit more flexible with their dates and locations.

Katama in Edgartown is a very sought after location as is East Chop in Oak Bluffs and of course in-town properties are always first to be secured. There’s a wide range of areas to choose from outside these locations, from more remote locations in Aquinnah and West Tisbury to properties closer to the down island towns just a short bike ride out of town or to the beaches.

Ferry tickets are often a concern for many new tenants as right now the Steamship Authority has limited availability showing and we all know the “Waitlist” does seem to work out for almost all of our visitors and certainly not a reason to hold off on booking a rental property later in the season as the ones they will want will be taken.

There are still lots of great rentals that are available for your summer vacation.  Give us a call for more information or visit our website to see our expansive inventory of lovely homes.

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Island Grove Vacation Rental in Edgartown

Island Grove Edgartown rental Island Grove Vacation Rental in Edgartown

This spacious three bedroom, two and a half bath home in the Island Grove neighborhood of Edgartown has a large master bedroom on the first floor with a queen bed and private bathroom.

Edgartown vacation rental island grove 300x225 Island Grove Vacation Rental in EdgartownBright, open living room, dining room and kitchen that leads out the the back deck. Upstairs there’s two large bedrooms and a shared bath. Open TV area, great for the kids with pull-out couch. The location is ideal – just a 1/2 mile walk to Morning Glory Farm (or drive 7/10 of a mile).  2 miles takes you to the heart of Edgartown Village and the beach is about 4 miles, with association tennis courts available.

Visit this Edgartown vacation rental listing for       back deck Edgartown vacation rental 300x225 Island Grove Vacation Rental in Edgartown
more information or give us a call!
508-693-6626.

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Edgartown Family Vacation Rental on Windsor Drive

windsor drive edgartown rental Edgartown Family Vacation Rental on Windsor Drive

This lovely house has four large bedrooms and is close to all down island towns. To add to it’s appeal, it has been recently updated with new kitchen cabinets, appliances and granite counter-tops! The first floor features an open kitchen/dining area, living room, a home office/den as well as a large, bright three season room.

porch edgartown vacation rental 300x225 Edgartown Family Vacation Rental on Windsor Drive

The large deck wraps around the side of the house to the back, where there is a nice private yard. Enjoy this prime location that is close to all three down island towns! For more information, you can view the Edgartown vacation rental listing, or give us a call! 508-693-6626.

large kitchen edgartown vacation rental 300x225 Edgartown Family Vacation Rental on Windsor Drive

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East Chop Five Bedroom Vacation Rental

east chop marthas vineyard East Chop Five Bedroom Vacation Rental

You can’t beat the location of this East Chop five bedroom rental home. With room for the entire extended family, you can enjoy the convenience of this summer vacation rental.  It’s just a short stroll and you will be enjoying the panoramic ocean view and public beach.  The downtown area of Oak Bluffs is just five minutes away with shopping, restaurants and loads of kid and family friendly activities.

Visit this Oak Bluffs rental listing for more                   east chop vacation rental 300x225 East Chop Five Bedroom Vacation Rental
details, or call us for assistance in planning
your Martha’s Vineyard vacation.
508-692-6626

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Hidden Cove Pond Front

For the first time in several years, we are experiencing really low inventory in certain prices ranges, especially between $500,000 and $1 million, which represents a whopping 35% of all sales every year on the island.  This price range has the largest market, as some islanders may be able to afford homes in the lower range, while it also attracts a large second home market.  The high-end sales get a lot of media attention, but in reality only represent a small percentage of yearly sales.  We are pleased to present our newest listing, priced at $699,000 in the popular upscale neighborhood of Hidden Cove.  Convenient to all down-island towns, the development is neatly maintained with covenants that ensure a pleasant homogeneity among the homes.  Association  amenities include two tennis courts, a boat storage area and access to  Sengekontacket Pond, as well as protected common lands, a fresh water pond and paved roads.  Many homes have water views or are water front on Sengy, which bolsters the property values in the entire neighborhood.  You can view more details about this property by visiting our website at http://www.lighthousemv.com/marthas-vineyard-featured-sales-82.html.

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The Colors of the Vineyard in Winter

We are often asked, “What do you do here in the winter?”  Well, besides going to our kids activities, reuniting with friends who we couldn’t see over the summer, one of my favorite things to do is take walks on deserted beaches and soak in the incredible beauty of this place.  The light this time of year is like no other season, with the winter chill rewarding us with vivid colors and calm reflections.  I just wanted to share a few recent photos I captured while I was out and about…this is the reason why most of us who live here year round are happy to endure a little inconvenience…it’s good for the soul!

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