You are in for a treat as you experience this fun and whimsical property with a four-bedroom main house and a two-bedroom guest house. Situated on 1.38 acres, abutting 26 acres of MV Land Bank, and located just 2.5 miles from downtown Vineyard Haven and the ferry, 24 Peacegate Way is an exceptional opportunity offering a unique Vineyard vibe. The main house was custom-designed by the owners capturing the essence of their lifestyle and what they love most, including an enormous chef’s kitchen and walk-in pantry, a first-floor bedroom with a wood-burning fireplace and cathedral ceiling, a two-story solarium porch featuring a one-of-a-kind wood slatted floor, and floor to ceiling windows. The dining area and cozy living room with wood-burning stove and sliders to the sun-filled four-season porch are at the back of the house off the capacious kitchen, which is the focal room on this floor. The second floor is as intriguing as the first, highlighting a generous cathedral ceiling primary suite with a walk-in closet and full bath that leads to the upper-story balcony. A guest bedroom and full bath are located at the top of the stairs. If you are looking for privacy, there is another guest bedroom tucked away at the far end of this floor featuring dramatic angles, built-ins, and another cathedral ceiling. The laundry room and a secret walk-in closet occupy the long hall that leads to this bedroom. It will be hard to find a basement as big as this one with amazing ceiling height, and spanning the length of the entire house and garage. Adding to the distinctive features of this property is a two-bedroom 788 sf guest house with a separate driveway and basement accessed through the outside. This home awaits your personal touch and vision and is perfect for extended family and guests or as a rental. Completing this property is the remarkable yard with mature plantings and trees, including a dawn redwood tree from Polly Hill Arboretum, and a fabulous kitchen garden where you can grow all your favorites! This property presents an up-Island experience yet with proximity to town for plenty of shopping, restaurants, and easy access to the ferry. Come and enjoy this offering! Property is being sold "as is". Inspections have been completed and reports are available upon request.