5 Somerset LaneEdgartown, MA 02539MLS Number 39918

  • Price: $4,695,000
  • Est. Mortgage of $/month
  • 8 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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5 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 025395 Somerset Lane Edgartown MA 02539
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  • 3Bedrooms
  • 3.5Bathrooms
  • 0.53Acreage
  • 2023Year Built

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REIMAGINED ISLAND LIVING AT SOMERSET. Welcome to Somerset,an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar,owners of the Winnetu Oceanside Resort. Thoughtfully designed by noted architect Dudley Cannada,each home will be perfectly designed for indoor-outdoor summer living and entertaining,peaceful relaxation,working from home -- and will feature comfortable spaces conducive to hosting and entertaining family and friends. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room for an in-ground pool,pool house/cabana and outdoor fire pit. The beautifully designed interiors will feature a fresh coastal style and will evoke a sense of casual island living and barefoot elegance. **ABOUT THIS HOME: This smartly-designed luxury residence will include 3,020-square feet of finished interior living space with an additional 532 square feet of outdoor living spaces,including a spacious covered portico and second-floor screened porch -- for a combined total of over 3,500 square feet. Somerset offers a one-of-a-kind opportunity to own in premiere Katama location,with easy access to Edgartown Village,The Field Club -- as well as the bicycle path and South Beach. Construction will commence in September,2022.
Listed by Compass | Point B

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More Info

Basic Information

  • Lot Features Professionally Landscaped Yard With Ample Room For A Pool + More!
  • Mls Status Active

Location

  • Address5 Somerset Lane
  • Building Number5
  • StateMA
  • StreetSomerset Lane
  • TownEdgartown
  • Zip02539

Interior

  • FloorsHardwood + Tile
  • Furnished Unfurnished

Utilities

  • Heating Gas/FHA
  • Sewer Septic Tank
  • Water Source Town

Tax Information

  • Tax Year 2022

Rooms

  • Bathroom3.5
  • Bedrooms3
  • Full Bath3
  • Half Baths1
  • Master Bedroom Level1

Building

  • BasementThe property will have a full unfinished basement.
  • Fireplace Features Wood-Burning Fireplace in Living Room
  • FoundationPoured Concrete
  • Listing OdsPorch, Cov, PubBch, ScrPorch
  • Rooms8
  • Utilities Cable
  • Year Built2023

Amenities

  • AmenitiesAlarm, Central A/C, Insulation, Irrigation, Outdoor Shower
  • Appliances IncludedStove: Wolf®, Washer: N/A

Parking

  • Parking Features Off-Street Parking + 2-Car Garage

Basic Information

  • List Price$4,695,000
  • MLS Number39918
  • Modification Date08/03/2022
  • Property SubType1 Family

Property

  • Acreage0.53
  • Building Area Total 3,020

Exterior

  • Exterior Features Porch, Covenants, Beach Access - Public, Screened Porch

Property Information

  • Listing OthbldgGrg
  • Lot Size Square Feet 23,086

Other

  • Association Fee Includes HOA fees will be determined and set once 50% of the homes or lots are sold.
  • Date Listed08/01/2022
  • View Count1
Hancock Real Estate
Hancock Real Estate
Office: 508-645-2544
PO Box 460
Chilmark, MA 02535

"Based on information submitted to MA_LINKMV as of August 8, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MA_LINKMV.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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