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Prime 5-Acre Lot Edgartown
For Sale
$3,000,000
Pending

15 & 27 Pennywise Path, Edgartown, MA 02539

Rare opportunity to own land close to Edgartown.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market661

Property Features for 15 & 27 Pennywise Path

General Information

Standard status Pending
Lot size 5.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $2,144
Listing Agency: Portfolio Properties
Listed By: John O'Connell
Source: Exprealty
Added: Oct 21, 2024 Changed: Aug 8 Last Checked: Aug 8 at 7:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portfolio Properties

Investment Insights

Based on property information with market context.

This is a 5-acre lot zoned R20, situated along Edgartown Road. The level lot is comprised of two parcels and borders the Triangle area of Edgartown, providing ease of access to public transportation routes. The property is located minutes from beaches, shops, and dining. Perc tests and utilities are the buyer's responsibility. The property offers the potential to create a private retreat or a potential subdivision.

Key Highlights

  • Prime 5‑acre lot in Edgartown
  • Zoned R20, allowing for potential subdivision
  • Level lot, ideal for building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Carpet & Flooring Store Butcher Parking Lot & Garage

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

233
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare opportunity to own land close to Edgartown.
Where is this residential land & home lot located?
The property is located at 15 & 27 Pennywise Path Edgartown, MA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime 5‑acre lot in Edgartown; Zoned R20, allowing for potential subdivision; Level lot, ideal for building
More about this property
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