Oak Bluffs Martha's Vineyard Posts Largest Real Estate Transaction in Recent History- $7.4 Million!

I just went back ten years in search of a larger real estate transaction than the one that took place Friday June 3rd in Oaks Bluffs and found nothing. Paul & Chari Polley of Sarasota Florida sold their 5.5 acre Harthaven waterfront estate located at 334 Seaview Ave.

to William Broder manager of Sideline Development LLC
for $7.4 Million. The Vineyard real estate market has really started to heat up in recent weeks. Just yesterday a property in Edgartown went to P&S with an asking price of $9.95 million. Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

Popular David Ryan's Restaurant & Bar Now For Sale

David Ryan's Restaurant and Bar was officially put on the market for $2,875,000 yesterday. The 4,000 sq.ft commercial building located at 11 North Water St.narrowly avoided a foreclosure auction a couple of months ago. The asking price includes the real estate only. Liquor license and restaurant equipment will be negotiated or sold individually.

Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

Martha's Vineyard Posts Two 3+ Million Dollar Sales in Past Week

John and Eileen Johannessen purchased 149 Litchfield Rd. in Edgartown/Chappy today for $3,600,000 from Brian Comer and Michael Richardson. This appears to be a private construction deal because the property was not listed for sale.
On May 26th the Luckey's sold their beach front estate located at 299 Lambert's Cove Road in West Tisbury to a private trust for $3,000,000. Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

2nd Hancock Beach Lot Key Sells For $459,000

When I first noticed this sale I thought it was the same beach lot. However, on April 25th Doris Jean Lockhart from London, England sold to Howard Altman Trustee of Three Sycamores Trust, Beverly Hills, CA a key to Hancock Beach in Chilmark for $450,000 plus $9,000 to the Land Bank. It was the second beach key sold within a month.

Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

Mike Wallace, 60 Minutes, Martha's Vineyard Home For Sale

Former 60 Minutes news anchor and long time Vineyard Summer resident Mike Wallace has put his home on the market. The waterfront compound consists of 6 bedrooms, 5 bathrooms, a private dock, private beach, with a layout of two dwellings connected by a covered brick veranda and two car garage. This wonderful property has been owned and enjoyed by Mary & Mike Wallace and their family and friends for decades. The property enjoys unsurpassed water views. The 4500+ sq.ft property has an asking price of $7,800,000.



Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

Lady Gaga Building House On The Vineyard? Not so Fast!

Over the past several months rumors have swirled that Lady Gaga had or was in the process of purchasing a home on Martha's Vineyard. Most recently the Martha's Vineyard Patch and Boston Herald reported that the property that she purchased was located on Chappaquiddick next to Meg Ryan and was presently under construction. Let me set the facts straight. On July 15, 2009 Nicholas Burgin, a managing director at Goldman Sachs, purchased 21 North Neck Rd. on Chappy for $4,080,000. The house was essentially torn down and a new one is being built. It should be ready by next summer. Burgin lives in London with his wife and two children. If you can some how tie a managing director of fixed income derivatives in Asia and Europe to Lady Gaga good luck! Here is a link to the Herald news;

http://www.bostonherald.com/track/inside_track/view/2011_0525vineyard_gaga_over_reports_of_new_res/srvc=home&position=6
Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!

Chilmark Beach Key Sells For $459,000 on Martha's Vineyard

Yes you read that correctly! A key which opens a gate leading to a beach in Chilmark sold for $459,000. The beach is Hancock Beach which is located off of 143 Quenames Road in Chilmark. Douglas Husid and Amy Mood McGrath Trustees of The Pond House Realty Trust purchased the beach lot from Hilary Walton. It is the first Hancock Beach lot that was made available since 2005. Keep in mind this is a shared beach. Approximately 50 other owners also have access/keys to the .9 acre parcel of land

which makes up the private beach.
It was sold privately never making it to the open real estate market. 2% of the selling price is included in the purchase, which is made payable to the Martha's Vineyard Land Bank Commission for every real estate purchase on the island.

Please visit my website www.vineyardrealtygroup.com to search all properties for sale on Martha's Vineyard. I can be reached at 617-429-5219. Thanks for viewing!