Real Estate

 

 

 

Aquinnah

Martha’s Vineyard Land Bank purchased property at Menemsha Pond in Aquinnah from Kenneth W. Murray for $7,116 on Sept. 21.

Martha’s Vineyard Land Bank purchased property at Menemsha Pond from Suzanne J. Murray for $7,116 on Oct. 1.

James F. O’Brien purchased property off Moshup Trail from Aerie Realty Trust and Katherine Keene Metell for $250,000 on Oct. 17.

Chilmark

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The Vineyard real estate market showed resilience in the third quarter, with prices rising even as sales dropped and inventory rose.

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Following a summer of uncertainty and dashed hopes, the future of the Island Community Supported Agriculture (CSA) program was secured last week when a farming-friendly New Jersey resident announced that he will buy Thimble Farm — and keep it in active agriculture.

Eric Grubman, an executive vice president with the National Football League, will buy the 43-acre farm from Lawrence Benson for $2.45 million. The closing is expected before the end of the year.

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The developers of the high-end Field Club recreation project in Katama have bought an adjoining housing subdivision for $12.35 million from a group of Island businessmen that includes Edgartown selectman Michael Donaroma.

The deal, which closed on Oct. 30, relates to land around the old Grant’s pit site off Katama Road, bought by Mr. Donaroma and his three partners for about $800,000 six years ago.

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Real Estate Testing Will

Come to the Vineyard

Dukes Academy, a real estate school on the Island, has obtained approval for the Vineyard as a licensed test center for the state’s real estate salesperson and broker licensing exam.

The test is scheduled for Saturday, Nov. 17. Eligible candidates should get in touch with Dukes Academy to make a reservation by calling 508-696-1900 or sending an e-mail to [email protected]. The school will answer questions and assist candidates to select from three given time slots.

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