Views
Address
62 Schoolhouse Road, Edgartown, MA
Price
$ 3,400,000
Property Attributes
  • MLS#44926
  • TypeSingle Family
  • Listing Status A
  • CountyDUKES
  • CityEdgartown
  • Area2
  • NeighborhoodKatama
  • Zip02539
  • Style
  • Year Built1986
  • Taxes$ 5040
  • Price$ 3,400,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3095
  • Lot Size0.5 Acres
Data Source:
LINK Marthas Vineyard
Property Description

Ideally situated between South Beach and Edgartown Village, this newly renovated Katama compound offers exceptional flexibility for personal use and rental income.The four-bedroom contemporary main house features a newly constructed, expansive great room with a cathedral ceiling and an abundance of windows that fill the space with natural light. The open floor plan flows from the updated kitchen into a living room centered around a classic brick fireplace. Skylights bring in additional sunlight, while sliding doors open to expansive new south-facing decks—perfect for outdoor dining, entertaining, and relaxing after a day at the beach. The third floor provides a second living area, bedroom, and private half bath. A full basement offers ample storage and potential for additional finished living space. The detached two-car garage includes a private one-bedroom apartment above with its own wraparound deck. A bonus room with a half bath on the garage’s main level is ideal for an office. A custom-built cedar shed provides convenient storage for bicycles and beach gear. Set on a half-acre lot with easy access to the nearby bike path leading to Edgartown Village and South Beach, this turnkey property combines an outstanding location with a strong rental history. With multiple living spaces and excellent income-producing potential, this versatile Katama compound is a must-see. Photo's have been enhanced

Price History
9/20/2026 Listed $3,400,000

General Features

Sewer Septic Tank
Heating OFHW
Utilities Cbl
Appliances Stove: yes,Washer: yes
Zoning R20
HOA Fee 350
Year Built 1986
View None,Res
Property Subtype Single Family Residence
Tax Year 2026
Property Type 1 Family
Other Structures detached over sized storage shed
Total Rooms 11
Full Baths 3
Status A
City Edgartown
MLS Area 2
Lot Size Square Feet 21780
Tax Annual Amount 5040
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 966400
TaxOtherAnnualAssessmentAmount 1065600
Tax Lot 24
Year Built Effective 2026
Association Fee Includes Road maintenance,snow removal
Assoc Fee Paid Per Annually

Interior Features

Interior Amenities Ins,Irr,MiniSplit,OSh
Basement Full poured basement
Flooring hardwood and tile
Furnished Y/N Unfurnished
Fireplace Features one masonary
Fireplace Y/N false
Half Baths 2
Total Bedrooms 5
Main Level Bedrooms 1

Exterior Features

Exterior Amenities Deck,Porch
Parking Features plenty of off street parking
Lot Features yes
Water Source Town
Lot Size Area 0.5
Foundation Details fully poured
Building Area Total 3095
Lot Size Acres 0.5
Frontage Type None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02539

Price
AVG $5.12M
$3.4M
Taxes
AVG $22,448
$5,040
Year Built
AVG 1980
1986

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