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For sale
  • $7,950,000

    2 Lexington Ave, Edgartown, MA 02539

    4beds
    7,766sqft
    : 
    Single Family Residence
    Built in 2026
    0.5 Acres Lot
    $7,527,000 Zestimate®
    $1,024/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceCustom circular skylit showerCathedral-ceiling great roomWall-to-wall travertineBreakfast nookSoaring ceilingsPrivate interior courtyard
    NEW CONSTRUCTION: Experience modern Katama luxury in this thoughtfully designed new construction by Morgan Studio, a husband-and-wife–led boutique design firm. A turn-key offering for elevated indoor-outdoor living, the residence features soaring ceilings, a fluid floor plan with multiple gathering spaces, abundant natural light through oversized windows, and exceptional materials and finishes throughout. Every detail has been carefully considered in this modern interpretation of the Vineyard summer house. The layout centers on a private interior courtyard, envisioned as an edible garden, accessible from multiple points of the lower level. The centerpiece of the living spaces is a cathedral-ceiling great room with a wood-burning fireplace that opens to both the courtyard on one side and a 20’ by 40’ heated gunite swimming pool on the other. The great room also opens naturally into the kitchen, which features a large center island of patagonia tiffany stone, a breakfast nook, and a dedicated butler’s pantry. Bedrooms are strategically situated in separate wings, all with private bathrooms, each one uniquely designed. The primary suite is a true spa-like retreat, complete with a custom circular skylit shower and wall-to-wall travertine. The fully finished basement offers a bright, recreational space with impressive 10’ ceilings. A custom furniture package is available upon request for a truly effortless, fully turn-key purchase. Located on sunny land near Crocker Drive, the property offers convenient access to South Beach, all of Katama, and an easy connection to downtown Edgartown. An exceptional new construction opportunity in the heart of Katama. Please note: Exterior images are shown with seasonal enhancements to reflect how the landscape appears in summer.
    2 days
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    806
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    39
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    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2026 at 01:51pm

    Listed by:

    Peyton Wallace,

    Studio Realty

    Source: LINK,MLS#: 44051

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Heat Pump
      Appliances
      • Included: Stove: Y, Washer: Y
      Features
      • A, AC, Ins, Irr, OSh, Floor 1: Entrance gallery, family room, office, great room, kitchen, pantry, mudroom, two bedroom suites and access to pool and courtyard. Approx 3, 548 sf in total for the main level., Floor 2: Two bedroom suites off separate wings of the house. Total of 1, 216 sf on 2nd floor.
      • Flooring: Hardwood/Tile
      • Basement: Full finished basement ceilings with approx 3, 002 sf of living space.
      • Fireplace features: 1
      Interior area
      • Total structure area: 7,766
      • Total interior livable area: 7,766 sqft

      Property

      Parking
      • Parking features: Y
      Features
      • Exterior features: PubBch, Deck, Garden, P/Pool
      • Has view: Yes
      • View description: None
      • Frontage type: None
      Lot
      • Size: 0.5 Acres
      • Features: Y
      Details
      • Parcel number: EDGAM0036B0135L
      • Zoning: R20

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Full - Poured
      Condition
      • Year built: 2026

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Town
      • Utilities for property: Cbl

      Community & HOA

      Location
      • Region: Edgartown

      Financial & listing details

      • Price per square foot: $1,024/sqft
      • Tax assessed value: $3,358,400
      • Annual tax amount: $3,771
      • Date on market: 4/1/2026
      • Listing agreement: E
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        Estimated market value

        $7,527,000

        $7.15M - $7.90M

        $6,648/mo

        Price history

        Price history
        DateEventPrice
        4/1/2026Listed for sale$7,950,000+412.9%$1,024/sqft
        Source: LINK #44051 Report a problem
        5/31/2023Sold$1,550,000-13.9%$200/sqft
        Source: Martha's Vineyard MLS #32300077 Report a problem
        5/1/2023Pending sale$1,800,000$232/sqft
        Source: Martha's Vineyard MLS #32300077 Report a problem
        3/21/2023Listed for sale$1,800,000$232/sqft
        Source: Martha's Vineyard MLS #32300077 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,771 +6.3%$1,422,900 +2.3%
        2024$3,548 +10%$1,391,500 +8.7%
        2023$3,225 +8%$1,279,800 +29.9%
        2022$2,986 +1.8%$985,500 +10.2%
        2021$2,934 +21.2%$894,500 +23.8%
        2020$2,420 -13.4%$722,500
        2019$2,796 -6.6%$722,500 -6.6%
        2018$2,994 +22.2%$773,700 +12.1%
        2017$2,450 +22.6%$690,100 +25%
        2016$1,999 +8.5%$552,200 +4%
        2015$1,842 -5.4%$530,800 +0.8%
        2014$1,948 +0.6%$526,400 -3.5%
        2013$1,937 +3.5%$545,600
        2012$1,871 +1.7%$545,600 +0.9%
        2011$1,839 +4.2%$541,000 -5.3%
        2010$1,765 -1%$571,200 -6.7%
        2009$1,782 -5.3%$612,500 -11.1%
        2008$1,882 -0.9%$689,300 +3.4%
        2007$1,900 +0.5%$666,500 +6.8%
        2006$1,891 +25%$624,000 +25.8%
        2005$1,513 +1.1%$496,000 +16.3%
        2004$1,497 +8.2%$426,500 +58.4%
        2001$1,384 +19.7%$269,300 +45.3%
        2000$1,156 $185,300

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $44,386/mo
        Principal & interest
        $41073
        Property taxes
        $3313
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          Climate risks

          Neighborhood: 02539

          Getting around

          3 / 100
          Car-Dependent
          73 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 02539

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