48 Forest Road SGF Site 37

$6,800,000

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Single Family Residence in Lambert's Cove, West Tisbury

8 bedrooms

·

4 bathrooms

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4800 SqFt

·

6.1 acres

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MLS #39028

Seven Gates Farm waterfront and rare opportunities are synonyms. This coveted community offers nearly 2,000 acres of the Island's most beautiful, dramatic conservation land including two miles of walkable beach, two docks, two tennis courts and extensive trails. The Revere waterfront home, an originally circa 1932 build and owned by The Homans’, was purposely aimed for sentimental reasons toward Tarpaulin Cove. Some of the lumber used for the build was reportedly sailed to the site from Maine, possibly because Edith Homans’ family summered in N.E. Harbor, Maine. Her brother-in-law, Roger Griswold was the architect who designed the eight bedroom, four bathroom 4,800 square foot home nestled into the gentle slope of this 6.1 acre parcel. The u-shaped dwelling with inner courtyard provides inviting picturesque views of a lower pond and Vineyard Sound. The Revere matriarch purchased the home in 1955 and then in 1956 winterized, modernized the interior and had a garage built. This long standing home with history is eagerly awaiting a new owner to begin this home's next chapter.

Property highlights

Stove

Washer

Unfurnished

Private Beach

Water Views

Patio

Tennis Court

Association Beach

Deeded Beach

Cov

Property Details

Association Fee:
14649.5
Association Fee Includes:
Corp insur.SGF taxesbeachesdockstennisfarm maintenance.
Basement:
No
Fireplace Features:
2
Flooring:
Wood and Vinyl tile
Foundation Types:
Block w/crawl
Frontage Type:
Snd
Heating:
Heat Pump
Interior Features:
WdStoveFloor 1: Open living room with view of the sound, five bedrooms, three bathrooms, dining area, eat in kitchen, laundry/utility room and officeFloor 2: Two large bedrooms and a full bathroomFloor 3: N/A
Link MLS Comments:
From North Rd turn right onto South Gate Rd at the main entrance to Seven Gates Farm. Follow name signs to Revere. Annual dues/Improvements assessed quarterly: Rent = $12,354, Capital Needs Repayment = $2,295.50 which includes Long Barn repayment schedule and Farm Wide Comcast Infrastructure. Please, absolutely no drive-bys, viewings by appointment only and Buyer broker must be present with Buyer.
Lot Features:
Per SGF By-laws and leaseyes
Parking Features:
yes
Possible Use:
Assessed Building Value:
371500.00
Assessed Land Value:
4175300.00

Price History

October 03, 2022
$6,800,000
November 17, 2021
$8,500,000

Tax Information

This property was most recently assessed in 2021. It has been assessed at a value of $4,546,800. The annual tax responsibility for this property is $27,838.57.

Contact an Agent
Phone number
+1 (508) 338-2495

Property Location

©2022 LINK, All Rights Reserved. Not responsible for misinformation or typographical errors. Prices are subject to change without notice. Listed by Donnelly + Co.