This weeks highlights include a Meetinghouse Village condo in Egdartown priced at $499K. Shared amenities include an association pool. Meetinghouse Village is short drive from town and South Beach. We have two wonderful waterfront options this week. The first is located at the Head of Lagoon Pond, this home enjoys sweeping views of the Lagoon and has 150 feet of private beachfront, $2.6 million. Our second property is situated on Chilmarks south shore, 29 acres on the water with a five bedroom house. There is lots of room for expansion priced at $19.995 million.

This Weeks New Listings

Vineyard Haven - 0 Lantern Lane Status: Available Price: $235,000 Type: Land Zoning: R10 Year Built: 0 Lot Size (Acres): 0.2700 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: This lot is 0.27 acres in Vineyard Haven on a paved road in a quiet rural setting. Convenient to town, access to walking & biking trails through nstar easement. Lot comes with money saving option from owner/builder for a 3 bedroom predesigned charming farmhouse.

Edgartown - 30 Dark Woods Road Status: Available Price: $450,000 Type: Land Zoning: R20 Year Built: 0 Lot Size (Acres): 0.5000 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: Photos show the part of the 27+ acres of Sheriff's Meadow Foundation land, just one parcel away from the vacant land being offered "for sale". Additional photos show the vacant land with mature trees and mostly level terrain. This near-town location is only about 1 mile to Main St. Edgartown, about 1.2 miles to State Beach, approximately 4 miles to South Beach. The Dark Woods area has no through-traffic and is a "hidden gem" location in Edgartown. Many upscale homes in the neighborhood. Town water and sewer at roadside. 3 bedrooms allowed if a conventional septic system is installed. Additional bedrooms may be allowed with sewer hook-up. Approximate $7,000 buyer cost to connect to sewer. Covenants apply. Architectural Review Commitee reviews apply. Priced below assessed value.

Edgartown - 21 Meetinghouse Village Status: Available Price: $499,900 Type: Condo Zoning: RES Year Built: 1989 Lot Size (Acres): 16.0000 Frontage: None Bedrooms: 2 Bathrooms: 2 Sq. Footage: 1202 $/Sq. Foot: $416 Description: This corner condo unit offers a bright and airy interior with its open kitchen, dining and living areas. A private rear deck. Bedroom on first floor with access to full bathroom. Second floor has master bedroom area with a full bathroom. Tastefully decorated, cathedral ceiling, skylights, wood floors, central air, association pool, and the yard area is nicely landscaped.

Oak Bluffs - 2 Pennacook Ave #Unit 204 Status: Available Price: $545,000 Type: Condo Zoning: R10 Year Built: 1989 Lot Size (Acres): 0.0000 Frontage: Soundfront Bedrooms: 2 Bathrooms: 2 Sq. Footage: 1038 $/Sq. Foot: $525 Description: Front and center overlooking Oak Bluffs famous "Ink Well" beach this second story pristine condo has it all. Whether you are looking for the carefree lifestyle of condo living, a great investment or a bit of both this 2 bedroom 2 bath property fits the bill. Rarely do units become available in this 3 story 18 unit complex. Never again think about getting a good spot to watch our spectacular Oak Bluffs fireworks; you'll always have front row seats.

Oak Bluffs - 9 Chickawaukee Street Status: Available Price: $549,000 Type: Single Family Zoning: RES Year Built: 1980 Lot Size (Acres): 0.3800 Frontage: None Bedrooms: 4 Bathrooms: 2 Sq. Footage: 1760 $/Sq. Foot: $312 Description: Contemporary style home located close to town, Features include fireplace, refinished pine floors, vaulted ceilings and sliding doors that lead to expansive mahgoney deck.  This property is located in a quiet neighborhood surrounded by woods for privacy.

Oak Bluffs - 3 Cedar Avenue Status: Available Price: $575,000 Type: Single Family Zoning: R5 Year Built: 2004 Lot Size (Acres): 0.0800 Frontage: None Bedrooms: 2 Bathrooms: 2 Sq. Footage: 1100 $/Sq. Foot: $523 Description: Central to town and minutes to Oak Bluffs Harbor. Built in 2004 this unique in-town property is pure quality. Brazilian (Gitoba) cherry hardwood floors, modern kitchen, solid fir doors through out, plaster walls, recessed lighting, AC, large doorways for wheel chair access, three season screen porch with red western cedar floors, central vacuum, the two full bathrooms with tile floors. In addition, the large second floor master bedroom has cathedral ceilings and wonderful space. The irrigated yard with private patio is well landscaped. The current tenant pays $ 2,000 per month and is given a $ 2,500 allowance for heat. The Current lease runs until April 1, 2010. Tenant is aware the property is for sale and the owner does have a 60 day notice to terminate the lease if need be.

Oak Bluffs - 313 County Rd. Status: Available Price: $599,000 Type: Multi-Family Zoning: R1 Year Built: 1986 Lot Size (Acres): 0.4700 Frontage: None Bedrooms: 3 Bathrooms: 3 Sq. Footage: 2076 $/Sq. Foot: $289 Description: This multi family house sits back off of County Road for maximum privacy. The dwelling are separated by an oversized garage and do not share any common walls. The main house has three bedrooms and three bathrooms. Cathedral ceilings and hardwood floors. A large garage formerly used for a home business acts as a buffer between the two dwellings. The second story two bedroom apartment has a separate fenced yard, parking space, entrance and private deck. Both units are presently rented for a combined total of $3100 per month.

Oak Bluffs - 22 Puritan Drive Status: Available Price: $635,000 Type: Single Family Zoning: R1 Year Built: 1980 Lot Size (Acres): 1.2000 Frontage: None Bedrooms: 4 Bathrooms: 2 Sq. Footage: 1536 $/Sq. Foot: $413 Description: A very attractive well maintained and recently updated two story reverse floor plan home with a newly renovated kitchen of superior grade materials and appliances situated high on 1.20 private acres in Tower Ridge. Close to all three down island towns, beaches and bike paths. Across from Farm Neck Golf Community. Home features spacious open living with hardwood floors. Fireplaced living room, dining area and master bedroom overlooking a deck and very large private back yard surrounded by green belt of quiet deep woods. Four bedrooms that sleep 10. Association tennis court. Documented rental history. Open, airy, furnished. Turn key. Creative financing possible. Don't overlook this tremendous market opportunity.

Edgartown - 160 Pennywise Path Status: Available Price: $759,000 Type: Single Family Zoning: R20 Year Built: 2000 Lot Size (Acres): 0.9900 Frontage: None Bedrooms: 3 Bathrooms: 2.5 Sq. Footage: 3000 $/Sq. Foot: $253 Description: This home in a very private location offers wonderful family space. The open first floor has a family/living room, dinning area, country kitchen and study. The second floor has a master bedroom with private bath and 2 additional bedrooms and bath. The 3rd floor is a great family room/get away space that can accommodate a ping pong table, pool table or home theater. A partially finished basement with full bath finishes this house. A large deck and level yard allow multiple outdoor activities. A separate barn for storage completes the property.

Edgartown - 95 3rd St North Status: Available Price: $775,000 Type: Single Family Zoning: R20 Year Built: 1999 Lot Size (Acres): 0.4100 Frontage: None Bedrooms: 3 Bathrooms: 2.5 Sq. Footage: 2200 $/Sq. Foot: $352 Description: This spacious 3 bdrm 2.5 bath sits up on a hill very close to boating access and Sengekontacket Pond. There is a 1st floor master suite with walk-in closet, large jacuzzi tub, and separate shower. The Master and living areas walk out to brick terrace w/distant waterview of Pond & Vineyard Sound. There is a separate dining rm. w/bay window; and a breakfast nook in kitchen area. The laundry/mudrm. is off the kitchen for easy access. There is 2 bdrms. with full bath on 2nd floor. There is a private outside shower w/changing area.    BROKER HAS OWNER INTEREST

Aquinnah - 0 Off State Road Status: Available Price: $850,000 Type: Land Zoning: RES Year Built: 0 Lot Size (Acres): 2.0000 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: A south facing 2 acre parcel with huge water view potential from 2nd floor. All engineering is in place. Seller wants to sell in 09.

Aquinnah - Rear State Road Status: Available Price: $850,000 Type: Land Zoning: RES Year Built: 0 Lot Size (Acres): 2.1000 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: Treasured Atlantic Views from this 2.1 acre parcel. Build your dream home as the well is in place and 6 bedroom septic has been designed and approved.  This lovely parcel offers privacy and views. This lot must seen to be truly appreciated.

Oak Bluffs - 11 Checama Path Status: Available Price: $990,000 Type: Single Family Zoning: R120 Year Built: 1988 Lot Size (Acres): 2.7800 Frontage: None Bedrooms: 4 Bathrooms: 3 Sq. Footage: 2452 $/Sq. Foot: $404 Description: One of a kind passive solar home nestled on 2.78 private acres near the State Forest, Greenlands Conservation area, MV Land Bank Trails and scenic Duarte Pond.  Sunny solarium on the front invites the "outside in".  Massive, tree shaded, wrap around deck with room for your hot tub and all your friends.  Expansive yard features bubbling fish pond with waterfall, garden area and irrigation system.  Detached 30x40 workshop has a full basement below and 1 BR apt above.

Chilmark - 16 Valley Lane Status: Available Price: $995,000 Type: Land Zoning: RES Year Built: 0 Lot Size (Acres): 3.0000 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: Privacy abounds from this three acre parcel surrounded on two sides by over a hundred acres of conservation in the heart of Chilmark. With beautiful stone walls this lovely wooded lot already has a well and a septic design for a six bedroom home with leaching beds already in the ground. In an area of very lavish homes. Minutes to Menemsha beaches as well as West Tisbury.

West Tisbury - 7 Loring Lane Status: Available Price: $1,100,000 Type: Single Family Zoning: RU Year Built: 1988 Lot Size (Acres): 2.0000 Frontage: None Bedrooms: 3 Bathrooms: 1.5 Sq. Footage: 3071 $/Sq. Foot: $358 Description: Charming and immaculate 3+ bedroom home located in desirable Red Farm Association off Lamberts Cove Road offers two acres of privacy in rural West Tisbury and close to Lamberts Cove Beach and Middletown Village.  The home has many fine features including wood floors, fireplace, spacious bedrooms, office, and sunny, south-facing kitchen & living area with meadow views.  Natural landscaping of mature plantings and perennials, dogwood and peonies, and stonewalls complement this shingle-style, Vineyard bungalow.  Abutting conservation land owned by Sheriffs Meadow Foundation enhances the rural feel and privacy.  Other features include a two-car garage, new 4-br septic system, new roof and generator.

Edgartown - 15 Plains Head Lane Status: Available Price: $2,100,000 Type: Single Family Zoning: R60 Year Built: 1996 Lot Size (Acres): 0.5400 Frontage: None Bedrooms: 3 Bathrooms: 2.5 Sq. Footage: 3693 $/Sq. Foot: $569 Description: This sun-filled Katama contemporary blends comfortable indoor and outdoor living spaces and features an in-ground heated pool, hot tub, balconies with ocean views and close proximity to South Beach. Boasting a solid rental history with over $120,000 in rental income for 2009. Own one of Katama's most popular vacation rental properties or enjoy as your own private Island retreat.

Vineyard Haven - 210 Head of the Pond Road Status: Available Price: $2,600,000 Type: Single Family Zoning: R50 Year Built: 1950 Lot Size (Acres): 1.3200 Frontage: Pondfront Bedrooms: 3 Bathrooms: 2 Sq. Footage: 2294 $/Sq. Foot: $1,133 Description: Sweeping waterviews from the head of the Lagoon highlight this very private and enchanting waterfront location.  Close to all of the down-island towns yet with the feel of being up-island.  The house features yellow pine and maple floors, beautiful wood detail throughout the rooms, tiled baths and kitchen, water views from most of the rooms, a generous master suite and two additional smaller bedrooms.  There is a Finnish wood-burning sauna in the first floor bathroom.  The large great room with cathedral ceiling is open to the rest of the living areas and kitchen.  The wonderful view of the Lagoon can be enjoyed from an expansive brick terrace while listening to the waterfall from the small fish/frog pond.  The gardens are extensive and filled with thoughtfully designed plantings.  A  150' private beach is only steps from the house.  Listen to the birds while enjoying the peace and quiet of this remarkable location.  Broker has owner interest.

West Tisbury - 30 Beach Pebble Status: Available Price: $3,550,000 Type: Single Family Zoning: RU Year Built: 1950 Lot Size (Acres): 1.3900 Frontage: Oceanfront Bedrooms: 4 Bathrooms: 2 Sq. Footage: 1400 $/Sq. Foot: $2,536 Description: Set on a bluff overlooking the north shore, this much loved waterfront cottage captures vast views across Vineyard Sound to Woods Hole. With a large sun room, hard wood floors, a brick fireplace and water views from almost every room, a newly installed four bedroom septic provides expansion potential or the opportunity for new construction in a dramatic and private location. A newly built stone revetment reinforces the bluff, and new staircase leads to 230 feet of exceptionally sandy and private beach below. Exclusive. $3,550,000.

Chilmark - 16 Sheperd's Path Status: Available Price: $19,950,000 Type: Single Family Zoning: RES Year Built: 1971 Lot Size (Acres): 29.0000 Frontage: Waterfront Bedrooms: 5 Bathrooms: 2 Sq. Footage: 2507 $/Sq. Foot: $7,958 Description: This is one of the most spectacular pieces of real estate on Chilmark's South Shore.  The five bedroom home is in a fabulous location near the ponds and beach. Open floor plan takes full advantage of the location and views from every window. Expansive decks and porches for enjoying the natural beauty of the setting. There are numberous outbuildings on the property. Permit in place for an upgrade to an 8 bedroom septic capacity. Plenty of privacy and room to expand comes with 29 acres of peace and tranquility. Location...location...location...awesome...please call for an appointment.

This Weeks Price Reductions

Oak Bluffs - 00 Springfield Avenue Status: Available Price: $137,500 Type: Land Zoning: RES Year Built: 0 Lot Size (Acres): 0.1000 Frontage: None Bedrooms: 0 Bathrooms: 0 Sq. Footage: $/Sq. Foot: Description: Wooded building site in quiet location suitable for the construction of a one bedroom single family residence with an enhanced septic system.

Oak Bluffs - 9 Masonic Avenue Status: Available Price: $339,000 Type: Commercial Zoning: COMM Year Built: 1900 Lot Size (Acres): 0.0000 Frontage: None Bedrooms: 2 Bathrooms: 1 Sq. Footage: 924 $/Sq. Foot: $367 Description: Commercially zoned in arts district!  Vintage sweet bungalow in the heart of the arts district ready for an inspiring entreprenuer to take advantage of the many possibilities to live, work, rent and be a part of this progressive & eclectic arts community.  Short walk to beach and to downtown shops, galleries & restaurants.

Vineyard Haven - 109 FRANKLIN TERRACE #two Status: Available Price: $499,900 Type: Single Family Zoning: RES Year Built: 1974 Lot Size (Acres): 0.4232 Frontage: None Bedrooms: 4 Bathrooms: 3 Sq. Footage: 1300 $/Sq. Foot: $385 Description: Great investment opportunity to own your wonderfully renovated Ranch style home featuring three bedrooms, two full bathrooms, kitchen, dining area, living room and laundry room. Very comfortable home. Plus a one bedroom, one bath Cape style home with full kitchen, dining area and living room. Full basement with garage, screened in deck as well as open portion. Both homes come furnished. A true turnkey.

Edgartown - 23 COFFINS FIELD ROAD Status: Available Price: $995,000 Type: Single Family Zoning: RES Year Built: 1998 Lot Size (Acres): 1.0100 Frontage: None Bedrooms: 4 Bathrooms: 2.5 Sq. Footage: 2000 $/Sq. Foot: $498 Description: Beautiful Custom built home. The main floor has an open kitchen/dining area flowing into a separate living room with beautiful brick fireplace and a separate TV/bedroom with private full bath plus a 1/2 bath to service main floor. Upstairs has a very spacious master bedroom with gas fireplace and sliders to private deck and lots of storage. There are two more bedrooms upstairs and a full bath. There is a 4 bedroom septic in the ground and a separate mini septic for the guest house. OWNER MOTIVATED

Edgartown - 12 Norton Street Status: Available Price: $1,750,000 Type: Single Family Zoning: R5 Year Built: 2008 Lot Size (Acres): 0.1300 Frontage: None Bedrooms: 4 Bathrooms: 3.5 Sq. Footage: 2992 $/Sq. Foot: $585 Description: This new beautifully custom crafted home offers spacious ten foot ceilings throughout the entire first floor;cathedral ceilings in the second floor. The home feels like a much larger home. Upon entering there is an office or den which leads to a hallway into a great room which is comprised  of an open kitchen, dining, living area with a gas fired fireplace. The kitchen is equipped with state of the art appliances  featuring a Wolf 6 burner range with convection oven, Sub-Zero back to back refrigerator,Bosch dish washer and Shaw farmer sink, all placed in custom made cabinets with Costa Esmeralda granite counter tops. The overly generous master bedroom suite, complete with private deck, comprises of more than one third of the second floor. There are two more beautiful bedrooms sharing a large bath and a one bedroom mother in law suite attached to the back of the home. A full basement below houses a state of the art hydrated heating system which connects to central air and has room for expansion or leave it as the workout room it already is. Large mahogany deck overlook a tranquil landscaped yard. A two car garage is in place for future expansion or storage and your vehicle isn't really needed for you are steps to Edgartown center.

Vineyard Haven - 138 Pasture Gate Road Status: Available Price: $3,495,000 Type: Single Family Zoning: R3A Year Built: 1976 Lot Size (Acres): 4.6000 Frontage: Waterfront Bedrooms: 5 Bathrooms: 3.5 Sq. Footage: 2435 $/Sq. Foot: $1,435 Description: Classic post and beam cape nestled in the pines on Lake Tashmoo. 800' of waterfront with a large deck overlooking the lake and water views from every room of this charming 5 bedroom 3.5 bath house. Shared Tashmoo Association dock and tennis. Detached boat house.

Vineyard Haven - 32 East Sound Lane Status: Available Price: $6,800,000 Type: Single Family Zoning: R3A Year Built: 1988 Lot Size (Acres): 3.5700 Frontage: Waterfront Bedrooms: 5 Bathrooms: 4.5 Sq. Footage: 3640 $/Sq. Foot: $1,868 Description: Waterfront Drama! Staged for views overlooking the water and outer coastlines as well as breathtaking sunsets, this high quality custom residence has direct access to private association beach and swimming. The Great Room with end to end fireplaces and high ceilings has been center stage for entertaining guests, including celebrities and renowned chefs who have boasted about the fabulous kitchen designed by Hutker Architects. Step down from the deck straight ahead to the beach! Property includes generator. (Photos by Nancy Ellison, Brian Vanden Brink, and Patty Kendall)

This Weeks Sold Properties

Oak Bluffs - 14 Rock Ave Status: Sold Price: $326,000 Type: Single Family Zoning: RES Year Built: 1874 Lot Size (Acres): 0.0000 Frontage: None Bedrooms: 3 Bathrooms: 1 Sq. Footage: 956 $/Sq. Foot: $341 Description: Enjoy THREE Seasons of Bliss. Two Story Cottage tucked in on Rock Ave. A Stone's throw to the Harbor, Beaches, Ferries, Shops & Dining. Tastefully updated & ready for blissful afternoons on the sunny deck. Utility/Laundry room, partial basement, Monitor heater. Enjoy the peace of Historic Landmark Camp Meeting Grounds. Perfectly Charming & Perfectly Situated. Completely furnished & ready to be your very own Vineyard Cottage!  Exclusive Listing

Edgartown - 31 Dodgers Hole Road Status: Sold Price: $470,000 Type: Single Family Zoning: R60 Year Built: 1998 Lot Size (Acres): 0.5100 Frontage: None Bedrooms: 3 Bathrooms: 2.5 Sq. Footage: 1960 $/Sq. Foot: $240 Description: Discover this spacious 3 bedroom, 2.5 bath home, loaded with conveniences, nestled on a Pine and Oak treed ½ acre knoll. This home measures close to 2,000 square feet. Start with a classic entry foyer leading to the well-lit, separate, living/ dining/ kitchen areas; all with warm, Yellow Pine floors. Also, on the first floor you'll find a master bedroom suite with a full, tiled bath, a guest ½ bath and laundry nook. A sliding glass door opens out to a large, private South facing deck. The remaining 2 bedrooms and full, tiled bath are located upstairs. All bedrooms are large and feature double closets. Below, there's a full, dry basement with both an interior as well as a bulkhead access; here one finds the mechanical systems; a Gas forced Hot Air/AC system, a Hot Water heater, electrical panel; even a water filtration system. The property, neatly landscaped with native plantings, features a semi circular stone drive and is further enhanced by a very spacious shed/garage; large, enclosed outside shower and invisible dog fence. Generous rental income of $ 2,500 in-season weeks makes this property an attractive investment opportunity at a price hard to beat and, located about 3 miles to Edgartown, along a bike path and public bus route, the location is ideal for all who enjoy easy access to a variety of locations, from recreational/educational to entertainment it's all right here, close-by. Come see it today

Edgartown - 19 Boldmeadow Lane Status: Sold Price: $600,000 Type: Single Family Zoning: R60 Year Built: 1990 Lot Size (Acres): 0.8000 Frontage: None Bedrooms: 3 Bathrooms: 2 Sq. Footage: 1586 $/Sq. Foot: $378 Description: BOLD MEADOW A truly special property with a number of unexpected and delightful surprises! Traditional Cape offers a few contemporary touches and a nice design...front entry hall, fireplace with custom crafted tile and handpainted mural, 1st floor master, screened porch, wood floors, finished basement...even a lily pond and an outdoor soaking tub! Close to conservation trail and includes association tennis.

Vineyard Haven - 264 West Spring St Status: Sold Price: $710,000 Type: Single Family Zoning: R10 Year Built: 2002 Lot Size (Acres): 0.2800 Frontage: None Bedrooms: 4 Bathrooms: 4 Sq. Footage: 2129 $/Sq. Foot: $333 Description: Wonderfully sophisticated contemporary farmhouse, designed by an Island architect, is located just steps from Lake Tashmoo.  In fact, public access to the water is right across the road.  A thoughtfully designed open floor plan and fine craftsmanship create a unique home.  The main floor features high ceilings and combines living room, dining and kitchen in one light filled space.  An antique brick fireplace with stone hearth, mellow wideboard red oak floors, upscale appliances and custom countertops are highlights of this area.  Four bedrooms including a large master with a beautiful bank of windows and four stone/tile baths provide comfortable accommodations.  Enjoy lovely sunsets from the west facing porch.

Buyers Remorse >Real Estate Jitters Here is a typical scenario illustrating the effects of buyer's remorse. Your home was on the market for a few weeks, and you are now feeling fortunate because an attractive offer has been presented by qualified buyers. Once the ink dried on the contract forms, however, it seemed that everything suddenly threatened to come unraveled. Once the buyers' earnest money check cleared their account, they suddenly came up with a list of concerns that never occurred to them before the purchase agreement was signed. Their fears and demands have turned them into touchy adversaries instead of the sweet young couple looking forward to starting a family. How could the atmosphere have changed so quickly? Buyers and sellers are both susceptible to different forms of stress reaction known in the real estate field as "Buyers' Remorse" and "Sellers' Remorse". Fortunately, neither one of these conditions is contagious to real estate agents! An important part of our job is to help our sellers and buyers through their buying or selling jitters with understanding and humor. See All Tips In The "Buyers Remorse" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What oceanfront area is currently the most popular choice among people searching for second homes and vacation homes? A  According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States. See More Real Estate Trivia >

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