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Sold for $5,500,000 on 03/09/23
  • $5,500,000

    48 Forest Rd, West Tisbury, MA 02575

    8beds
    4,805sqft
    Single Family Residence
    Built in 1931
    6.1 Acres Lot
    $7,290,200 Zestimate®
    $1,145/sqft
    $7,076 Estimated rent

    Home value

    $7,290,200

    $6.05M - $8.82M

    $7,076/mo

    Zestimate® history
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    $32,321/mo

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    What's special

    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, Althea, 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.

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 09:11pm

    Listed by:

    Jim Osmundsen 914-924-8202,

    Donnelly + Co.

    Bought with:

    Non Member

    mv.unknownoffice

    Source: Martha's Vineyard MLS,MLS#: 32100520

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Water Heater
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Pantry, Mud Room
    • Flooring: Vinyl, Wood
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 4,805
    • Total interior livable area: 4,805 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Patio & porch: Patio
    • Pool features: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front
    • Body of water: Vineyard Sound
    Lot
    • Size: 6.10 Acres
    Details
    • Parcel number: 132
    • Zoning: RU
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt,Shingle,Pitched
    Condition
    • Year built: 1931
    • Major remodel year: 1956

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Well
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: West Tisbury

    Other

    Other facts
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    3/9/2023Sold$5,500,000-19.1%$1,145/sqft
    Source: Martha's Vineyard MLS #32100520
    2/10/2023Pending sale$6,800,000$1,415/sqft
    Source: Martha's Vineyard MLS #32100520
    10/3/2022Price change$6,800,000-9.3%$1,415/sqft
    Source: Martha's Vineyard MLS #32100520
    6/10/2022Price change$7,500,000-11.8%$1,561/sqft
    Source: Martha's Vineyard MLS #32100520
    11/20/2021Listed for sale$8,500,000$1,769/sqft
    Source: Martha's Vineyard MLS #32100520

    Public tax history

    YearProperty taxesTax assessment
    2025$33,810 +8.7%$7,463,500 +3.2%
    2024$31,111 $7,235,200 -16.7%
    2023-- $8,683,400 +49.5%

    Find assessor info on the county website

    Neighborhood: 02575

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $7,290,200
    2% more+ $146K
    With Zillow Showcase(estimated)
    $7,436,004