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106 Peases Point Way South, Edgartown

$4,695,000

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.

HIGHLIGHTS

Link ID 42366
Bedrooms 4
Baths 4
Half Baths 1
Rooms 10
Living Space 3345
Acreage 0.22

FEATURES AND AMENITIES

Link ID
42366
Price
$4,695,000
Baths
4
Half Baths
1
Rooms
10
Living Space
3345
Acreage
0.22
Zoning
R20
Water
Town
Sewer
Town
Heat
GFHA
2024 Tax Assessment
$2,559,500
Building Assessment
$1,410,500
Land Assessment
$1,149,000
Estimated Taxes
$6,527
Outdoor Spaces
Beach Access - Public
Patio
Year Built
2022
Fireplaces
Yes
Flooring
Hardwood + Tile
Listing Broker
Compass | Point B

106 Peases Point Way South, Edgartown

Copyright 2024 LINK MV. All rights reserved. Information deemed reliable but is not guaranteed.
Buyer note, 2% Land Bank fee.
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