Marc Fisher Sells Waterfront Edgartown Estate For $37.5 Million With Gerret Conover As The Broker
48 Witchwood Lane
$37,500,000
$2,500/SF
Building Size
15,000 SF
Asset Type
Single Family
Closing
Nov 5, 2025
AI
The property asset involved in the transaction is a single-family home located at 48 Witchwood Lane in Edgartown, MA. This waterfront estate, designed with a Gatsby-inspired theme, spans 15,000 square feet and includes seven bedrooms, a bowling alley, a pool, and a dock, all set on three acres of waterfront land. The property sold for $37,500,000, translating to a price per square foot of $2,500.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $37,500,000
- Address: 48 Witchwood Lane
- Market: Edgartown, MA
- Square Footage: 15,000
- Price Per Square Foot: $2,500
- Broker: Gerret Conover - LandVest
The sale was finalized on 11/05/2025, setting a new record for Martha’s Vineyard, exceeding the previous record held by President Obama’s former summer home, which sold for $37 million. The previous owners of the estate were shoe designer Marc Fisher and his wife, who acquired the property in 2015.
Players
Edgartown Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93