50 Oyster Watcha Rd

3,922 Sq. Ft.
$2,868 / Sq. Ft.
3,922
Sq. Ft.
$2,868
per Sq. Ft.

Description

50 Oyster Watcha is one of the most extraordinary settings on Martha’s Vineyard. This property on Edgartown’s south shore has hosted first families and captains of industry, poets and politicians. Few can resist its charms. The house and guesthouse have sweeping views of the Atlantic Ocean over Oyster Pond and the barrier beach. The views are by all accounts the finest ocean views from any home in Oyster Watcha Midlands, as this was the first lot created in this community and was intended to be the...50 Oyster Watcha is one of the most extraordinary settings on Martha’s Vineyard. This property on Edgartown’s south shore has hosted first families and captains of industry, poets and politicians. Few can resist its charms. The house and guesthouse have sweeping views of the Atlantic Ocean over Oyster Pond and the barrier beach. The views are by all accounts the finest ocean views from any home in Oyster Watcha Midlands, as this was the first lot created in this community and was intended to be the “jewel in the crown.” The 11.5 acres of property includes 1,200 feet of private waterfront on Oyster Pond as well as close access to over 2,200 feet of sandy Atlantic beach. The ocean beach is accessible by boat or by traveling half a mile down a shaded country road by car, foot, bike, or your private all-terrain vehicle. The property includes an impeccably maintained 4-bedroom main house, 2–bedroom guesthouse, and boathouse. From the main house the pond, dunes, and Atlantic Ocean are beautifully framed, and you can see and hear the surf rolling onto the beach. Water views from the guesthouse showcase the dunes and Atlantic Ocean over the westernmost cove of Oyster Pond. The interiors of the 1,200 sq ft guesthouse are bright, open, and airy. While the existing structures are immaculate and extremely well-maintained, there is also vast scope for creating a compound of newer structures on the site. This is a canvas any architect would relish. A viewing stand located closer to the ocean designates the optimal location for a new, much larger main house. ABOUT OYSTER WATCHA MIDLANDS ASSOCIATION: This distinguished community is one of the most sought after locations on the Island. It is protected by covenants and restrictions for the enjoyment of owners present and future. The community is spread over 450 total acres and includes vast tracts of conservation lands, tennis courts, and private Atlantic beach with ample parking. There are only 15 building lots in this vast and unspoiled island paradise, and consequently ownership in this neighborhood rarely becomes available. This is a rare opportunity for the discriminating buyer.
  1. Listed by Mark Jenkins • Wallace & Co. Sotheby's

Property Details for 50 Oyster Watcha Road

Zoning
A12
View
true
LISTING UPDATED: 05/31/2023 07:46 PM

Property Details for 50 Oyster Watcha Road

StatusClosed
MLS #31928
Days on Market684
Taxes$29,444 / year
HOA Fees$13,600
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1983
Lot Size11.50 AC / 500,940 SF
CountyDukes County

Location

Listing Courtesy of Wallace & Co. Sotheby's, Mark Jenkins

Sold By Point B Realty LLC, Trish Lyman

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Building Information for 50 Oyster Watcha Road

Stories-Year Built1983Building Size-Lot Size11.50 AC / 500,940 SF

Payment Calculator

$70,884 per month

30 year fixed, 6.15% Interest

Principal and Interest

$54,831

Property Taxes

$2,454

HOA Dues

$13,600

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Oyster Watcha Road

Summary
Location and General Information
  • Latitude: 41.354466
  • Longitude: -70.603759
  • Listing ods: WViews, Deck, Patio, C/Tennis, PvtBch, AscBch, Cov
  • Listing other Building: Grg
  • MLS Area Major: 2
Taxes and HOA Information
  • Tax Assessed Value: $1,741,700.00
  • Tax Lot: 1.3
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: $12,014,800.00
  • Tax Year: 2019
Parking
  • Parking Features: Private parking for Main House and Guest House
  • Parking Total: 0.0
Property
Lot Information
  • Lot Features: Y
  • Lot Size Units: Acres
  • Property Type: Residential,Single Family Residence
Property and Assessments
  • Possible Use: Edgartown Case File 235
  • Parcel Number: 41-1-3
  • Photos Count: 44
  • Approval Status: true
  • Reviewed: Yes
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Community Features: Tennis, Road Maintenance, Deeded Beach Rights, Conservation Area, Common Area
  • Exterior Features: WViews, Deck, Patio, C/Tennis, PvtBch, AscBch, Cov
  • Pool Features: None
Interior Features
  • Main Level Bedrooms: 4
  • Other Structures: Detached 480 sq. ft. boathouse/garage includes large open space/rec. area currently furnished with 2 bunkbeds and bathe. Guest house set approx 300' from main house includes two bedrooms and two baths.
  • Rooms Total: 11
  • Appliances: Stove: Gas Verona 5 burner range, Washer: Yes
  • Fireplace Features: 2
  • Fireplaces Total: 1
  • Fireplace: No
  • Flooring: Fir
  • Foundation Details: Concrete
  • Furnished: Unfurnished
  • Heating: OFHA
  • Interior Features: Ins,Irr,OSh, Floor 1: Separated into two wings by entrance foyer. One side for master suite with private bath and the other with 3 bedrooms., Floor 2: Half story up to the open living room and kitchen. Sliding doors to the deck and outdoor space.

Property History for 50 Oyster Watcha Road

DateEvent & SourcePriceAppreciation
Jun 26, 2019

Sold

LINK #31928

$11,250,000
Jun 26, 2019

Sold

Martha's Vineyard MLS #21804920

$11,250,000
Apr 10, 2019

Contingent

LINK #31928

Mar 1, 2019

Price Change

LINK #31928

$11,950,000
Mar 1, 2019

Listed (Active)

Martha's Vineyard MLS #21804920

$11,950,000
Dec 31, 2018

Expired

Martha's Vineyard MLS #21712372

Dec 31, 2018

Expired

Cape Cod & Islands Multiple Listing Service #21712372

$12,950,000
May 22, 2017

Listed (Active)

Martha's Vineyard MLS #21712372

$16,950,000
May 22, 2017

Listed (Active)

Cape Cod & Islands Multiple Listing Service #21712372

$16,950,000
May 15, 2017

Listed (Active)

LINK #31928

$16,950,000
Dec 24, 2007

Sold (Public Record)

Public Record #326397413

$1
DateEvent & SourcePrice
06/26/2019

Sold

LINK #31928

$11,250,000
06/26/2019

Sold

Martha's Vineyard MLS #21804920

$11,250,000
04/10/2019

Contingent

LINK #31928

03/01/2019

Price Change

LINK #31928

$11,950,000
03/01/2019

Listed (Active)

Martha's Vineyard MLS #21804920

$11,950,000
12/31/2018

Expired

Martha's Vineyard MLS #21712372

12/31/2018

Expired

Cape Cod & Islands Multiple Listing Service #21712372

$12,950,000
05/22/2017

Listed (Active)

Martha's Vineyard MLS #21712372

$16,950,000
05/22/2017

Listed (Active)

Cape Cod & Islands Multiple Listing Service #21712372

$16,950,000
05/15/2017

Listed (Active)

LINK #31928

$16,950,000
12/24/2007

Sold (Public Record)

Public Record #326397413

$1

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Oyster Watcha Road

Taxable ValueLand$11,995,000Additions$2,701,800Total$14,696,800
Tax Record2025$38,947 ($3,246 / month)
Home Facts
Lot Size500,940 SqFtStyleMulti-Family Dwelling (2-4)CountyDUKESAPNEDGA M:0041 B:0001 L:3

Schools near 50 Oyster Watcha Road

This home is within Edgartown School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Edgartown Elementary School
PublicPK to 8

Martha's Vineyard Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Wallace & Co. Sotheby's, Mark Jenkins

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.