West Tisbury - 38 Forest Road SGF Site 32$ 5,745,000

ID: 28026 Owner: Dreier Sold  11/17/2016

Looking across ancient stone walls and green fields to the water beyond.

Property Type:
Single Family
Total Rooms:
5
Total Bedrooms:
2
Total Bathrooms:
1 full, 1 half
Water Frontage:
Soundfront
Water Views:
Sound
Second Dwelling:
None
Zoning:
RU
Lot Size:
9.10 acres
Total Sq. Feet (ELA):
1,360 sq. feet
Year Built:
1972
Water / Sewer:
Well / Septic
2016 Assessment:
$ 4,486,400
Land Assessment:
$ 4,258,400
Build Assessment:
$ 228,000
Estimated Taxes:
$ 27,985.02

Rare opportunity to possess waterfront property on the spectacular wild shoreline of Seven Gates Farm, with sunset views over Vineyard Sound. Detailed site plans for expansion of the current home to a 4-bedroom, 3218 sf main house with 1000 sf of screened and covered porches and roof deck are approved by the West Tisbury ConCom. Lush, enchanting 9.1-acre site features a large pond, stone walls, ancient oak trees and a beetlebung forest. Governed by the community and rooted in Island history, Seven Gates offers more than 1,000 acres of the Island's most beautiful, dramatic conservation land including two miles of walkable beach, two docks, two tennis courts and extensive trails. Owners are descendants of a founding Farm family. Site has never before been offered.

First Floor

Very large open living space with dining area. Kitchen ell.

Second Floor

2 bedrooms and a full bath.

Basement

none

Other Structures

Studio at the head of the pond. Shed.

Building Information

Furnished:
Un-Furnished
First Floor Beds:
0
Fireplaces:
None
Floors:
Pine
Heat:
Other
Foundation:
Crawl
Yard:
Yes
Parking:
Yes
Other Buildings:
None
Lead Paint:
Unknown

Appliances

Stove:
Y
Refrigerator:
Y
Dishwasher:
Y
Washer:
Y
Dryer:
Y
TV Service Type:
None

Outdoor/Recreation

Community Tennis Court, Beach Access - Association, Beach Access - Deeded, Water Views, Covenants

Features

Wood Stove, Outdoor Shower

Property / Parcel Information

Map:
14
Lot #:
2
Plan:
Parcel:
Sub Area:
Lambert's Cove
Deed Ref:
SGF Lease
Fees:
$ 11,201
Fees Include:
Corp insur., SGF taxes, beaches, docks, tennis, farm maintenance.
Other Views:
Pond

Easements

Per SGF By-laws and lease.

Directions / Comments

From North Rd turn right onto South Gate Rd at the main entrance to Seven Gates Farm. Follow name signs to Dreier, Jr. Annual dues for an Improved Site assessed quarterly: Rent = $11,200.80 Employee Health Contribution = $984.00 Capital Needs Repayment - Long Barn = $1,840.00 (9 years remaining on repayment schedule) Capital Needs Repayment - Farm Wide Comcast Infrastructure - $541.00

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