Real Estate
As 2021 nears an end, the frenzied, record-shattering Martha’s Vineyard real estate market shows few signs of slowing, with prices in the stratosphere and inventory at a low ebb.
The Martha’s Vineyard Land Bank reported revenues of $313,401.25 for the business week ending on Friday, Dec. 17, 2021.
Frog Prince Cottage LLC purchased 6 Brewster avenue in Oak Bluffs from Francis D. Dibble Jr. Trs., Sarah V. Hammett 2013 Trust and Robert Lee Hammett 2013 Trust for $2,725,000 on Dec. 13.
The Lambert’s Cove Inn will soon change hands, with hoteliers Jon and Stephanie Saunders of Cohasset set to buy the West Tisbury country inn in early January, pending a liquor license transfer.
The Martha’s Vineyard Land Bank reported revenues of $729,829.80 for the business week ending on Friday, Dec. 10, 2021.
The Tisbury select board voted Wednesday to place the housing bank article on the annual town meeting warrant, joining Aquinnah and Chilmark in agreeing to bring the question to voters next spring.