New Construction: Reimagined Island Living At Somerset - Summer is here and construction for 4 Somerset Lane is currently underway with a targeted completion date of November, 2024. Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort. 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, and pool house/cabana. This luxury residence will include 3,643-square feet of finished interior space -- with an additional 887 square feet of outdoor living spaces, including a spacious covered portico and second-floor screened porch -- for a combined total of over 4,530 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.
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Last Updated: October 7th, 2024 at 6:58pm
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General Information for 4 Somerset Ln, Edgartown, Massachusetts 02539
Property TypeLand
Property Sub TypeLand
Price$5,750,000
MLS #73264867
Handicap Access / FeaturesNo
List Date2024-07-15
Special Listing ConditionsNo
StateMassachusetts
Street NameSomerset Ln
CityEdgartown
Zip Code02539
CountyDukes
MLS StatusActive
AssociationNo
Heat Zones
Sold Date
Property Sub TypeLand
AdditionalParcelsYNNo
AvailabilityDate
Close Date
Close Price$0
Gas
Listing Service
UnparsedAddress4 Somerset Ln, Edgartown MA 02539
ZoningR20
Interior Features for 4 Somerset Ln, Edgartown, Massachusetts 02539
ElectricOn-site
ElectricYes
Electric$0
Electric on PropertyNo
MLS Area (Major)Katama
OffMarketDate
Exterior Features for 4 Somerset Ln, Edgartown, Massachusetts 02539
* Approximate Lot Size0.53 acres
Lot FeaturesCleared, Level
* Parking Spaces
* Sewer UtilitiesPrivate Sewer
* Water UtilitiesPublic
Approx. Street Frontage
Parking FeaturesNo
Utilities
Cultivated Area
FarmLandAreaUnits
Lot Size (Square Feet)23,267 Sqft
MLSPIN_PERC_TEST
MLSPIN_PERC_TEST_DATE
PastureArea
Wooded Area
Disclosures for 4 Somerset Ln, Edgartown, Massachusetts 02539
Buyer Agent Compensation2
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ONGross/full Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Facilitator Compensation2
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 4 Somerset Ln, Edgartown, Massachusetts 02539
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value$840,400
Real Estate Tax$2,143
Tax Year2024
OriginalListPrice$5,750,000
Lifestyle Information for 4 Somerset Ln, Edgartown, Massachusetts 02539
Association AmenitiesNo
Frontage Type
GarageYNNo
WaterviewNo
Waterfront Features1 To 2 Mile To Beach, Beach Front, Beach Ownership(public), Ocean
Location information for 4 Somerset Ln, Edgartown, Massachusetts 02539
Elementary School
High School
NumberOfLots
Marketing History for 4 Somerset Ln, Edgartown, Massachusetts 02539
MLSPIN_MARKET_TIME_BROKER22
MLSPIN_MARKET_TIME_PROPERTY22
PurchaseContractDate
Agent Information for 4 Somerset Ln, Edgartown, Massachusetts 02539