Skip main navigation
For sale
  • $7,950,000

    2 Lexington Ave, Edgartown, MA 02539

    4beds
    7,766sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2026
    0.5 Acres Lot
    $7,439,200 Zestimate®
    $1,024/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceCustom circular skylit showerCathedral-ceiling great roomWall-to-wall travertineBreakfast nookSoaring ceilingsPrivate interior courtyard
    NEW CONSTRUCTION: Experience modern Katama luxury in this thoughtfully designed new construction by Morgan Studio, a husband-and-wife–led boutique design firm. A turn-key offering for elevated indoor-outdoor living, the residence features soaring ceilings, a fluid floor plan with multiple gathering spaces, abundant natural light through oversized windows, and exceptional materials and finishes throughout. Every detail has been carefully considered in this modern interpretation of the Vineyard summer house. The layout centers on a private interior courtyard, envisioned as an edible garden, accessible from multiple points of the lower level. The centerpiece of the living spaces is a cathedral-ceiling great room with a wood-burning fireplace that opens to both the courtyard on one side and a 20’ by 40’ heated gunite swimming pool on the other. The great room also opens naturally into the kitchen, which features a large center island of patagonia tiffany stone, a breakfast nook, and a dedicated butler’s pantry. Bedrooms are strategically situated in separate wings, all with private bathrooms, each one uniquely designed. The primary suite is a true spa-like retreat, complete with a custom circular skylit shower and wall-to-wall travertine. The fully finished basement offers a bright, recreational space with impressive 10’ ceilings. A custom furniture package is available upon request for a truly effortless, fully turn-key purchase. Located on sunny land near Crocker Drive, the property offers convenient access to South Beach, all of Katama, and an easy connection to downtown Edgartown. An exceptional new construction opportunity in the heart of Katama. Please note: Exterior images are shown with seasonal enhancements to reflect how the landscape appears in summer.
    87 days
    |
    729
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peyton Wallace,

    Studio Realty

    Source: LINK,MLS#: 44051

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Heat Pump
      Appliances
      • Included: Stove: Y, Washer: Y
      Features
      • A, AC, Ins, Irr, OSh, Floor 1: Entrance gallery, family room, office, great room, kitchen, pantry, mudroom, two bedroom suites and access to pool and courtyard. Approx 3, 548 sf in total for the main level., Floor 2: Two bedroom suites off separate wings of the house. Total of 1, 216 sf on 2nd floor.
      • Flooring: Hardwood/Tile
      • Basement: Full finished basement ceilings with approx 3, 002 sf of living space.
      • Fireplace features: 1
      Interior area
      • Total structure area: 7,766
      • Total interior livable area: 7,766 sqft

      Property

      Parking
      • Parking features: Y
      Features
      • Exterior features: PubBch, Deck, Garden, P/Pool
      • Has view: Yes
      • View description: None
      • Frontage type: None
      Lot
      • Size: 0.5 Acres
      • Features: Y
      Details
      • Parcel number: EDGAM0036B0135L
      • Zoning: R20

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Full - Poured
      Condition
      • Year built: 2026

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Town
      • Utilities for property: Cbl

      Community & HOA

      Location
      • Region: Edgartown

      Financial & listing details

      • Price per square foot: $1,024/sqft
      • Tax assessed value: $3,358,400
      • Annual tax amount: $3,771
      • Date on market: 4/1/2026
      • Listing agreement: E

        Estimated market value

        $7,439,200

        $7.07M - $7.81M

        $6,648/mo

        Price history

        DateEventPrice
        4/1/2026Listed for sale$7,950,000+412.9%$1,024/sqft
        Source: LINK #44051 Report a problem
        5/31/2023Sold$1,550,000-13.9%$200/sqft
        Source: LINK #40526 Report a problem
        5/1/2023Pending sale$1,800,000$232/sqft
        Source: Martha's Vineyard MLS #32300077 Report a problem
        3/21/2023Listed for sale$1,800,000$232/sqft
        Source: Martha's Vineyard MLS #32300077 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,771 +6.3%$1,422,900 +2.3%
        2024$3,548 +10%$1,391,500 +8.7%
        2023$3,225 +8%$1,279,800 +29.9%
        2022$2,986 +1.8%$985,500 +10.2%
        2021$2,934 +21.2%$894,500 +23.8%
        2020$2,420 -13.4%$722,500
        2019$2,796 -6.6%$722,500 -6.6%
        2018$2,994 +22.2%$773,700 +12.1%
        2017$2,450 +22.6%$690,100 +25%
        2016$1,999 +8.5%$552,200 +4%
        2015$1,842 -5.4%$530,800 +0.8%
        2014$1,948 +0.6%$526,400 -3.5%
        2013$1,937 +3.5%$545,600
        2012$1,871 +1.7%$545,600 +0.9%
        2011$1,839 +4.2%$541,000 -5.3%
        2010$1,765 -1%$571,200 -6.7%
        2009$1,782 -5.3%$612,500 -11.1%
        2008$1,882 -0.9%$689,300 +3.4%
        2007$1,900 +0.5%$666,500 +6.8%
        2006$1,891 +25%$624,000 +25.8%
        2005$1,513 +1.1%$496,000 +16.3%
        2004$1,497 +8.2%$426,500 +58.4%
        2001$1,384 +19.7%$269,300 +45.3%
        2000$1,156 $185,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 02539

          Getting around

          3 / 100
          Car-Dependent
          73 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

          A local agent can set up tours, give advice and negotiate with sellers.

          A local lender can help you make sure your offer is ready when you are.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel