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Katama Building Lot with Guest House
For Sale
$3,100,000

114 Meetinghouse Way, Edgartown, MA 02539

Land, Edgartown, MA

Property SizeContact for details
Lot Size3.04 Acres
Days on Market241

Property Features for 114 Meetinghouse Way

General Information

Property type Land
Property subtype Other
Zoning description RA120
Lot features Cleared, Level, Wooded
Elementary school district Martha's Vineyard
Middle school district Martha's Vineyard
High school district Martha's Vineyard
Directions Meetinghouse Way to Enids Way, property is second house on the left. Driveway access to be moved to Browns Farm Road after sale.
Subdivision Edgartown
Standard status Active
APN EDGA M:0037 B:0007 L:
Lot size 3.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4756
Listing Agency: Wallace & Co. Sotheby's International Realty
Listed By: Rose E Ryley · License #9519013
Added: Jan 9 Changed: Sep 3 Last Checked: Sep 7 at 11:06AM
MLS# 22602742

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on a 3.04-acre parcel within the Browns Farm Lane subdivision, this wooded building lot offers an existing 2018 guesthouse plus infrastructure intended to support a larger primary residence. The property is described as one of three private lots in this area, with two already developed into substantial residences. A 6-bedroom septic system is in place, providing a foundation for additional construction pending the necessary town approvals. The remarks further note the septic system can potentially be expanded to support up to 8 bedrooms with an upgrade.

The parcel is located approximately one mile from Edgartown Great Pond and about two miles from both South Beach and Edgartown Village. The proximity to these coastal and village areas, combined with the parcel’s private, forested setting, supports a compound-style layout for buyers looking to build and/or add structures over time.

For developers, builders, and end users, the combination of land and an on-site guesthouse can offer flexibility while planning a main home and any additional structures. The existing septic capacity provides a clear starting point for feasibility, subject to town approvals and any septic upgrade needed for expanded bedroom counts.

Key Highlights

  • 3‑acre Katama building lot with an existing 2018 custom guest house
  • 6‑bedroom septic system already in place for a main house and/or additional structures (pending town approvals)
  • Septic upgrade would allow expansion up to an 8‑bedroom septic capacity

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Storage Facility Big Box & Wholesale Store HVAC Service Food Market Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 02539, MA

5,168
Population
5,157
Households
1
Avg Household Size
48
Median Age
45%
College-Educated
95%
High-School Grad
26.8 sq mi
ZIP Area
193
Density / Sq Mi
$89,710
Median Household Income
$48,237
Median Earnings
$1,717
Median Rent
$1,171,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Encompassing 3+ acres, this wooded Edgartown lot includes a 2018 guesthouse and a 6-bedroom septic system.
Where is this residential land & home lot located?
The property is located at 114 Meetinghouse Way Edgartown, MA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 3‑acre Katama building lot with an existing 2018 custom guest house; 6‑bedroom septic system already in place for a main house and/or additional structures (pending town approvals); Septic upgrade would allow expansion up to an 8‑bedroom septic capacity
More about this property
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