Edgartown property sale breaks state record at $43 million 

September 3, 2026 - 17:39

A waterfront compound in Edgartown has just made history. The property, known as Great Point, sold for $43 million, marking the highest residential sale ever recorded in Massachusetts and on Martha's Vineyard. This is not a hypothetical figure or a distant possibility. It is a done deal.

The estate sits at 15 Forever Wild Way, with direct exposure to the South Coast and sweeping Atlantic views. The buyer paid well above any previous benchmark on the Island, which has seen its share of high-end transactions over the years. But this one clears the bar by a wide margin.

Great Point is not just a house. It is a full coastal compound, offering privacy, shoreline access, and a setting that feels removed from the everyday. The property has long been known among locals and real estate insiders as one of the more special parcels on the Vineyard, both for its location and its scale.

The sale was finalized recently, and while the identities of the buyer and seller have not been made public, the price alone tells a story. It reflects a continued demand for premium waterfront real estate in the region, even as the broader market shows signs of cooling in other parts of the country.

For Edgartown, this record is a point of pride and a signal. The town has always attracted buyers looking for exclusivity, but a sale at this level puts it in a different category entirely. It also raises expectations for future listings, as sellers and agents will now measure value against a new, much higher standard.

The previous state record for a residential sale stood for years. That number has now been eclipsed, and the new figure is likely to hold for some time. For those watching the Vineyard market, this sale confirms what many have suspected: the demand for rare, oceanfront property here has not slowed down. It has simply found a new ceiling.