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.
For sale
$7,950,000
2 Lexington Ave, Edgartown, MA 02539
4beds
7,766sqft
Est.:
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
- 2 days |
- 806 |
- 39 |
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
Estimated market value
$7,527,000
$7.15M - $7.90M
$6,648/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $7,950,000+412.9%$1,024/sqft |
Source: LINK #44051 Report a problem | ||
| 5/31/2023 | Sold | $1,550,000-13.9%$200/sqft |
Source: Martha's Vineyard MLS #32300077 Report a problem | ||
| 5/1/2023 | Pending sale | $1,800,000$232/sqft |
Source: Martha's Vineyard MLS #32300077 Report a problem | ||
| 3/21/2023 | Listed for sale | $1,800,000$232/sqft |
Source: Martha's Vineyard MLS #32300077 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 7/10Edgartown Elementary SchoolGrades: PK-8Distance: 1.7 mi
- 6/10Martha's Vineyard Regional High SchoolGrades: 9-12Distance: 5.4 mi
Local experts in 02539
- Massachusetts
- Dukes County
- Edgartown
- 02539
- 2 Lexington Ave





