Real Estate

On the Market

Recent Home Sales

Christopher Celeste and Nancy Kramer purchased 111 Peases Point Way in Edgartown for $2,750,000 on June 6.
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Real Estate News

Blue Heron Farm, the Chilmark estate that President Obama and his family have rented for the past three summers for their August vacation, has been placed on the market for sale, Wallace and Co. Sotheby’s International Realty announced on Thursday.

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The Vineyard Haven home of retired 60 Minutes anchor Mike Wallace was sold early last month for $7 million.

The buyer is former Virginia governor and current commonwealth Sen. Mark Warner. Mr. Warner’s name does not appear on the real estate transaction but the trustee who handled the sale for the buyer is Nicholas D. Perrins, who worked for the Virginia Democrat in the private sector before he was elected governor.

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Foreclosure proceedings have begun on the Bradley Square property in Oak Bluffs, four years after the Island Affordable Housing Fund began an ambitious redevelopment scheme that never got off the ground.

The nonprofit housing fund — recently renamed the Martha’s Vineyard Housing Fund — owes the Martha’s Vineyard Savings Bank almost $750,000 in principal, interest and late fees on a mortgage that has seen no payments made on it since at least last year.

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