NEW PROPERTY LISTINGS – Two Great Investment Properties on Martha's Vineyard

If you’re looking for an investment property under $3,000,000 on Martha’s Vineyard here are two great new Tea Lane Associates listings to consider.

First up is this wonderful opportunity to own an impeccably built home with classic lines that abuts lovely trails and woodland in Chilmark.  The property was built in 1997 and renovated in 2013 to include a beautiful Rosbeck designed in ground pool and modern pool house with half bath and outdoor shower.  This 4 bedroom home is set on 3 acres of land off Old Farm Road and offers privacy and seclusion, yet it’s a short drive to Chilmark or West Tisbury.

We love the light airy open plan living room, dining room and huge kitchen with French doors to the patio and plenty of windows and light to enjoy the garden and pool views.    A large master wing is on the first floor and a second master is on the second floor as well as two guest bedrooms and shared bath.

Quintessential Chilmark stone walls outline the property which abuts miles and miles of protected land and walking trails at Waskosims Rock preserve.  A garage is a useful accessory building to keep your on-island car or used for garden storage.

The home has been enjoyed seasonally by the current owners and has never been used as a Martha's Vineyard rental property. It would make an ideal year round home or summer residence for the next lucky owners.

13 Deerpath Lane, Chilmark is being offered exclusively by Tea Lane Associates for $2,650,000

The second featured property for sale is this wonderful Gambrel style home designed by Michael Barclay and built by Holmes Hole Builders in 2003.  The property sits on almost 10 acres and includes a substantial 5,600 square foot home.  

The layout, scale and size of the rooms will blow you away and the attention to detail in this solid home is second to none. Completely re-painted throughout in 2019 the home has a very current feel, given that it’s 16 years old. High ceilings and a perfect layout and flow for entertaining are some of the highlights of this home.

  A custom contemporary all-white kitchen with huge island and a cozy seating area around a large stone fireplace make this part of the home perfect for everyday living year round.  

Plus the wonderful screened porch with second fireplace and French doors to the large patio bring the outside in during the summer months.

Then there’s the main second living room and formal dining room with bar each of which has a fireplace and with French doors to the wraparound deck – make this part of the home perfect for holidays, family gatherings and entertaining in style.

Upstairs you will find a large master suite including separate office, full bath and two huge closets.  4 additional bedrooms with shared “Jack and Jill” full baths and another huge bedroom/playroom with built in book cases and window seats. 

The land surrounding the home is a combination of woods, trails and there’s even a half soccer pitch at the top of the hillside overlooking the home. An amazing fieldstone double outdoor shower is just a few steps from the house.    The house has been designed for family living and you can see that the current (and only) owners have lived and loved this home. 

Close to Cedar tree neck trails and a few minutes’ drive to the grocery store, post office, bank and everything you need in North Tisbury. 30 Luce Farm Road, West Tisbury has never been a rental property but would rent in the region of $8,500/week in the summer months.   Asking price $2,950,000