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48 Witchwood Lane

Marc Fisher Sells Waterfront Edgartown Estate For $37.5 Million With Gerret Conover As The Broker
SOLDSingle Family

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

Gerret Conover

Landvest

Broker

$66.1M

vol

4 deals

Broker
Landvest
LandvestBrokerage

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