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Sold for $2,050,000
  • $2,050,000

    3 Magnolia Way #A, Edgartown, MA 02539

    4beds
    3,158sqft
    Condominium
    Built in 2007
    -- sqft lot
    $2,425,000 Zestimate®
    $649/sqft
    $6,793 Estimated rent

    Home value

    $2,425,000

    $2.21M - $2.67M

    $6,793/mo

    Zestimate® history
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    What's special

    “No better location in Edgartown”, just a short distance to Edgartown Village and the Beaches. Enjoy the very best of Edgartown living and all the joys of the Vineyard lifestyle, effortlessly at Fairway Village, a distinctive circle of bespoke luxury homes set on 1.51 association-maintained acres, located next to the Edgartown Golf Club for wooded privacy among the vibrant shops, restaurants, post office, banks, and groceries of Upper Main Street. A rare combination of convenience and character, a stately residence built with exquisite craftsmanship and detail, such as crown molding, high ceilings, soapstone countertops and fireplace surround, heart pine flooring, central air conditioning, and custom details throughout. On three floors, the thoughtfully designed floorplan includes four large bedrooms arranged separately for privacy, three full tile and stone baths, two half baths, 10-foot ceilings, and a well-equipped chef's kitchen. Two of the bedrooms are spacious private suites with custom closets and en-suite baths, one on each floor; there is also a fully finished basement with large screen TV, a lounge and game tables, plus a laundry room and half bath (approx. 1,008 square feet of additional living space, included in the square footage provided). The dining room opens onto a private bluestone patio with privet hedge and lawns, plus an outdoor shower. Detached garage with room for your island car, beach gear, and bikes. Offered fully furnished with a strong rental history, this exceptional residence presents an extraordinary opportunity for those seeking the ultimate in luxury living or investment with the added services and savings of an association. 2024 Association Fees are Paid in Full.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Bellante Holand, 508.524.1601,

    Sandpiper Realty

    Bought with:

    Michele Casavant

    Vineyard Village Realty

    Source: LINK,MLS#: 41655

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • GFHA
    Appliances
    • Included: Stove: Thermador Stovetop & Separate Double Oven, Washer: Yes
    Features
    • A, AC, Ins, Irr, OSh, Floor 1: Grand entryway with chandelier, a private primary bedroom suite with full bath and custom closets, living room with a propane fireplace, a well-equipped chef's kitchen, with Sub-Zero, Bosch and Thermador stainless steel appliances, a dining area connecting through French doors to a private bluestone patio with privet hedge and outdoor shower., Floor 2: A second primary bedroom suite on a private hall with en-suite tile and stone bath, two additional large bedrooms share a full tile bath, plus a second laundry center with brand new LG Washer & Dryer.
    • Flooring: Wood, Tile, Carpet
    • Basement: 1, 008 s/f of additional living space included in the s/f, fully finished with a half bath, a separate laundry room and a large storage area.
    • Fireplace features: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 3,158
    • Total interior livable area: 3,158 sqft

    Property

    Parking
    • Parking features: 2+ cars
    Features
    • Exterior features: PubBch, Cov, Patio
    • Has view: Yes
    • View description: None
    • Frontage type: None
    Lot
    • Features: Lawn, bluestone patio and outdoor shower
    Details
    • Additional structures: Garage
    • Parcel number: EDGAM020AB0005L112A
    • Zoning: R60

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 2007

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Edgartown

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,000 annually
    • Services included: Monthly Condo Fes include Insurance, E&O, Landscaping, Road Maintenance, Snow Plowing, Irrigation, Lighting)

    Other

    Other facts
    • Listing agreement: E

    Price history

    DateEventPrice
    7/11/2024Sold$2,050,000-6.6%$649/sqft
    Source: LINK #41655 Report a problem
    7/1/2024Pending sale$2,195,000$695/sqft
    Source: LINK #41655 Report a problem
    6/13/2024Contingent$2,195,000$695/sqft
    Source: LINK #41655 Report a problem
    4/30/2024Price change$2,195,000-2.4%$695/sqft
    Source: LINK #41671 Report a problem
    1/15/2024Listed for sale$2,250,000+14.8%$712/sqft
    Source: LINK #41655 Report a problem
    3/24/2023Sold$1,960,000-14.6%$621/sqft
    Source: LINK #39569 Report a problem
    2/22/2023Pending sale$2,295,000$727/sqft
    Source: LINK #39569 Report a problem
    1/27/2023Contingent$2,295,000$727/sqft
    Source: LINK #39569 Report a problem
    8/29/2022Price change$2,295,000-13.6%$727/sqft
    Source: Martha's Vineyard MLS #32200123 Report a problem
    6/21/2022Price change$2,655,000-10%$841/sqft
    Source: LINK #39546 Report a problem
    5/4/2022Listed for sale$2,950,000+195%$934/sqft
    Source: Martha's Vineyard MLS #32200123 Report a problem
    7/2/2013Sold$1,000,000-7%$317/sqft
    Source: LINK #24445 Report a problem
    4/2/2013Listed for sale$1,075,000$340/sqft
    Source: Point B Realty, LLC #21302740 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,941 +8.7%$1,864,500 +4.6%
    2024$4,546 +1.2%$1,782,700
    2023$4,492 -14.5%$1,782,700 +2.9%
    2022$5,252 +57.2%$1,733,300 +70.2%
    2021$3,340 -2.1%$1,018,200
    2020$3,411 -13.4%$1,018,200
    2019$3,940 $1,018,200
    2018$3,940 +24.3%$1,018,200 +14%
    2017$3,169 -4.9%$892,800 -3%
    2016$3,333 +4.3%$920,800
    2015$3,195 -31.2%$920,800 -26.6%
    2014$4,645 +4.2%$1,255,300
    2013$4,456 +3.5%$1,255,300
    2012$4,306 $1,255,300

    Find assessor info on the county website

    Neighborhood: 02539

    Nearby schools

    GreatSchools rating
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