Hidden Cove Cape In Oak Bluffs, Martha's Vineyard Reduced Again, Now $510,000

Asking Price:    $525,000 Reduced to $510,000
Original Price:     $649,000
Type:     Single Family
Square Feet (ELA):     1,590
Lot Size (Acres):     0.39
Total Rooms:     6
Beds/Baths:     3/2
Status:     Available
Furnished:     Un-Furnished

For More Information, contact David Lott at Vineyard Open House Real Estate at (cell) 203-270-9357, or click this link > Send me more information about this home!

For More Information, contact David Lott at Vineyard Open House Real Estate at (cell) 203-270-9357, or click this link> Send me more information about this home! - See more at: https://golfcoursehome.typepad.com/at_the_waters_edge_waterv/#sthash.Ni54bKXs.dpuf

This modern contemporary Cape located in the private development of Hidden Cove has a new price which has dropped it $124,000 below its original asking price. Now being offered for $525,000, its listing price is actually $56,000 below the assessed value.

Included in the price is the use of the Hidden Cove Association's private tennis courts, private dock and mooring access.

The value contained in this property gets better. The lot is well over a third of an acre at .39 acres.

There are 3 bedrooms, two baths and an open kitchen and dining area. Three sliders in the dining area open to a large, newer mahogany deck and brick patio.

There's a first-floor bedroom and full bath, and an open living room with wood-burning fireplace.

The second floor has two more good-sized bedrooms each with sliding glass doors out their own pricate mahogany deck. Also on the second level is a full bath and washer/dryer.

Full basement and garage offers lots of storage space. At $525,000, this home is an excellent value and shouldn't last long.

For More Information, contact David Lott at Vineyard Open House Real Estate at (cell) 203-270-9357, or click this link > Send me more information about this home!

About Hidden Cove
Hidden Cove is an area of approximately 65 acres adjacent to Sengekontacket Pond and bordering the towns of Oak Bluffs and Edgartown on the island of Martha’s Vineyard in the state of Massachusetts.

In 1980 a Master Declaration was recorded in the Town of Oak Bluffs stating the intent of Peter Van Rosbeck to create a community on the land of Hidden Cove. Today, nearly 70 owners occupy seasonal or year-round residences.

These owners are members of the Hidden Cove Property Owners Association (HCPOA), the legal entity responsible for operation of Hidden Cove. Approximately 15 residents are members of the Hillside Homes Condominium Trust, a condominium organization within the HCPOA.

Hidden Cove Amenities
HCPOA members have access to common land that includes tennis and boat landing facilities, as well as ponds, meadows, and undeveloped areas.

Hidden Cove is governed under a Master Declaration, Bylaws, and Rules, all of which are subject to amendment through stated procedures and are subscribed to by resident owners. A Board of Trustees, elected annually by the membership, has fiduciary responsibility for the Association.

Hidden Cove prides itself on the variety and quality of its land and water views, and strives to maintain and enhance those views for the enjoyment of owners and preservation of the value of owners’ investments.

--Statement from Hidden Cove Property Owners Association Website