
**UPDATE: ALL LOTS AT THE PRESERVE, AND THE HOME SHOWN BELOW, HAVE NOW BEEN SOLD. FUTURE UPDATES WILL DETAIL SPEC HOMES COMING ON THE MARKET THERE.**

_This article was originally published on Feb. 19, 2020._

Located off County Road a short distance from Farm Neck Golf Club, the neighborhood's generous-sized lots and protected environment have resulted in more than 20 of the original 26 parcels being sold.

[![lots](/images/HOME-CONSTRUC-PRESERVE-scaled.jpg)](https://vineyardopenhouse.com/wp-content/uploads/2020/02/HOME-CONSTRUC-PRESERVE-scaled.jpg) _Sample luxury home under construction recently sold._

#15, #16 and #12 recently sold, leaving just three lots remaining:

- #18($600K)
- #23 ($550K)
- #9 ($550K)

Both #18 and #23 have southern exposure in their backyards where a buyer might want to put a swimming pool. The southern exposure would ensure the sun beaming down on the pool all afternoon. No. 18 has the best exposure, and hence the higher price. [Send me more information about the Preserve](mailto:dlott@vineyardopenhouse.com)

[![lots](/images/POND-preserve-at-woodlands-pond-1.jpg)](https://vineyardopenhouse.com/wp-content/uploads/2020/02/POND-preserve-at-woodlands-pond-1.jpg) _Some of the south side parcels enjoy a pond view._

With the market heating up at The Preserve, interest is quickening. According to the seller, only full-price offers are considered, and cash buyers are preferred. [Send me more information about the Preserve](mailto:dlott@vineyardopenhouse.com)

#### Lots Are Going Fast

[![lots](/images/preserve-map-539x1024.jpg)](https://vineyardopenhouse.com/wp-content/uploads/2019/04/preserve-map.jpg)

This spring, #15 & #16 went under agreement at The Preserve, both at full price. (Vineyard Open House Real Estate represented the buyers for #15.)

[![lots](/images/woodlands4.jpg)](https://vineyardopenhouse.com/wp-content/uploads/2020/02/woodlands4.jpg) _Lots on the south side enjoy afternoon sun._

If you are interested in investigating the remaining lots for sale in The Preserve, please **contact David Lott** at **508-338-2495**, or send him an [email.](mailto:dlorr@vineyardopenhouse.com)

Read more about [The Preserve on GolfCourseHome.com](https://www.golfcoursehome.com/golf-course-communities/preserve-woodlands-marthas-vineyard/)

_Real estate at The Preserve is being marketed by Point B Realty._



![Coffe cup photo](/images/6a00e54f072fc3883401b8d0e2ebb4970c-800wi.jpg 'Coffe cup photo')_You're..._ invited to the final edition of our March 'Real Estate Roadshow' series, to be held this **Friday, March 27th at our office in Vineyard Haven.** Ken Romero of MV Insurance will address ‘The New Flood Zones & You.’

The fourth in a month-long series of public-information events, it will be held from 10 am to noon.

Romero’s focus will be on the newly expanded flood zones and how they can have an exponential effect on homeowner insurance rates. Martha’s Vineyard residents, many of whom live on or near island shores, should pay close attention to these evolving flood zones, says Romero, especially if you are planning to buy or sell a home, or are simply worried about rising insurance rates.

**Inspired by PBS Antique Roadshow**

The Flood Zone focus is the last of the Friday Real Estate Roadshows which were inspired by PBS’s Antique Roadshow. Previous industry experts appearing at the Vineyard Open House office include Tim Lowe, Vice President at Martha’s Vineyard Savings Bank (Mortgages), Kristin Zern, Realtor, Vineyard Open House (Maximizing Rental Income) and Tammy King, Mortgage Loan Officer at Cape Cod 5 (Mortgages Rates & 1st Time Buyers).

“We’ve had a lot of fun doing the Roadshows,” says Vineyard Open House Owner David Lott. “Not only did we learn a good deal, but we’ve improved our relations with these top professionals that we work with almost every day. We hope to see a lot more of them in the coming months and years.”

Romero is the Assistant Personal Lines Manager for MV Insurance.  He joined the company in 2010 and has received extensive training in all areas of personal insurance, including flood insurance. He recently organized a seminar for the island’s real estate agents and lenders on the recent changes to the NFIP (National Flood Insurance Program) that will take effect next Wednesday on April 1.

**Public Is Invited**

The public is invited. Hot coffee, tea, hot chocolate and fresh muffins will be served. Attendees are encouraged to bring their questions for a personal response.

Vineyard Open House Real Estate is located at 10 Union St. in Vineyard Haven (right across from Murdick’s Fudge.)

**For More Information:** Contact David Lott, Owner/REALTOR, or Kristin Zern, REALTOR at our main office telephone: **1-508-338-2495**. Or [email us.](mailto:dlott@golfcoursehome.net)

![VOHRE LOGO blog](/images/6a00e54f072fc3883401b8d0e2eef8970c-800wi.jpg 'VOHRE LOGO blog')



**![8af2025e](/images/6a00e54f072fc3883401b7c6e31e53970b-800wi.jpg '8af2025e')**

_**A lot of house for the money!**_

**Price: $799,000.00         5 Bedrooms/3 Baths,  2,577 Sq Ft, 1.8 acres**

![Cecefc93](/images/6a00e54f072fc3883401b7c6e323bb970b-800wi.jpg 'Cecefc93')

_Beautiful and spacious back yard, back view of house, deck and outdoor shower_

**In a Nutshell:** Colonial built in 1999, 2,577 Sq Feet, 5 bedrooms, 3 full baths, open floor plan with kitchen and living room, formal dining room first floor master with ensuite bath, (jacuzzi and separate stall shower), wood floors throughout, central air & vacuum, 2 zoned gas forced hot water heat, 1 car attached garage, art studio, 1.8 acres, in Longview area off Lambert’s Cove Road.

**Description:** We previewed this lovely house yesterday and fell in love with the setting and the layout and space of this well planned home. You enter through the front door to the spacious foyer and then into the open living Room, dining area and sleek kitchen. Plus, there is a formal dining room off the kitchen.  The kitchen cabinets are good quality, as is the stainless high end stove. There are granite counter tops on the island counter top and on the bar counters.  There is a warmth about this home even though we saw it without any furniture. It is move in ready, freshly painted on the interior and bright and sunny.

**First Floor:** Open floor plan, kitchen, living room, dining area, formal dining room, master bedroom with ensuite bath, Office or 5th bedroom, 3rd full bath with stall shower, and mudroom/laundry room.

![3b1909a8](/images/6a00e54f072fc3883401b7c6e31e7e970b-800wi.jpg '3b1909a8')

_Sleek kitchen with view of the living room with sliders out to the back deck_

_![8c14b97f](/images/6a00e54f072fc3883401a73e19157c970d-800wi.jpg '8c14b97f')  
_

_First floor master bath with jacuzzi and double sinks (stall shower not shown)_

**Second Floor:** There are 3 good sized bedrooms plus a full bath.  There is also a large open loft area that can be used as a playroom, 2nd family room, or teen hangout. This is a real plus if you are planning on renting this home to vacationers.

![B4a1df5b](/images/6a00e54f072fc3883401b8d06d1a46970c-800wi.jpg 'B4a1df5b')

_The second floor loft perfect for a second family room, kids playroom or study_

**Basement:** There is a large dry basement that can easily be finished to become a welcoming family room, office, and or exercise room. Plumbing also exists to make a fourth bathroom an easy addition.

**Bonus:** There is a three-season room with AC and a sink that has been used as an artists studio. It can easily be insulated to become a four-season room.

**_The opportunity you've been waiting for in West Tisbury just half a mile from Lambert's Cove Beach and Seth's Pond._**

**\_To find out more about this wonderful opportunity and to buy your home on Martha's Vineyard offered below the assessed value, c_ontact us at Vineyard Open House Real Estate.**

[**_Kristin Zern, Realtor®_**](mailto:KristinZern@gmail.com) or via Cell or Text at 914 439-2047

or

[**_David Lott, Realtor®/Owner_**](mailto:DLott@vineyardopenhouse.com) or Cell or Text 203 270-9357



[BY WVH Editors](https://www.waterviewhome.net/)

![Jupiter-Country-Club-35-1](/images/6a00e54f072fc3883401901e113d6c970b-800wi.jpg 'Jupiter-Country-Club-35-1')

[Jupiter Country Club](https://www.golfcoursehome.com/golf-course-communities/jupiter-country-club/) is a private, gated country club community on 483 lush acres in upscale Palm Beach County.

Financial experts say buying your second home or retirement residence five to 10 years before you stop working is a smart move.

"\[However\] buying a second home is not for people who are just getting by," says Patrick Cunningham, vice president of Home Savings and Trust Mortgage in Fairfax, Virginia, “This should only be a choice for people with the income and assets to handle it."

Here are five key factors to consider before you take the plunge.

**1\. Fund Your 401(k)  
**Kimberly Foss, president of Empyrion Wealth Management in Roseville, California recommends clients properly fund their 401(k)s. In addition, buyers should have at least 12 months' worth of expenses in the bank as an emergency fund.

**2\. Refinance the Right Way**For those not paying in cash, homeowners can either finance it as an owner-occupied home, if the buyer resides in the home, or as a second home.

Interest rates, qualification guidelines and down payment requirements are generally more reasonable on second homes than on investments. An investment loan requires a down payment of at least 20% or 25%.

**3\. Decide If You Will Rent Your Second Home  
**One of the primary benefits of buying a home before retiring is rental income. If you use the property as a rental property, you can gain tax advantages as well.

**4\. Consider the Location  
**Approach your property as you would any other investment and evaluate the potential resale value based on the location, community amenities and floor plan. Look for an urban-suburban location with nearby amenities, healthcare facilities and cultural opportunities.

**5\. Be Flexible  
**Second homes are often in resort areas. If you are more than 10 years away from retirement, rent your second home choice first to see how it fits you and your family.. While renting, investigate the neighborhood and familiarize yourself with the surrounding area.

This entry was excerpted from “Buy a Second Home Before You Retire?” as featured on [foxbusinees.com](http://www.foxbusiness.com/personal-finance/2011/11/16/buy-second-home-before-retire/). For the complete article, visit [foxbusiness.com.](http://www.foxbusiness.com/personal-finance/2011/11/16/buy-second-home-before-retire/)


Category Archives: home buying tips

Lots at The Preserve at the Woodlands Sold Out

'Real Estate Roadshow' to Focus on Flood Zones Fri. Mar 27th, 10 AM to Noon at Vineyard Open House Real Estate

Our Value of the Week - Log Cabin Road, West Tisbury, Martha’s Vineyard

5 Tactics for Buying a Retirement or 2nd Home Before You Retire