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Martha's Vineyard's Priciest New Beachfront Lot Asks $13.5M

Martha's Vineyard's newest pricey plot of dirt comes to us by way of Edgartown, of course. The gorgeous 4.4 acre spread is already pretty tricked-out with a long dock and 300' of sandy beach on Katama Bay. However, if a buyer should desire something beyond glamping, the "home site provides the opportunity to build a 10 bedroom compound and accessory structures." Lot 4 is part of a new Katama enclave "created to embody and preserve the natural character of the old Vineyard." Somehow that's been translated to mean multimillion dollar estates. Regardless, the luxe community will also include "20 acres of protected open space of native meadow and forest land." Asking price for "unparalleled setting and the assurance of owner privacy" is a whopping $13,500,000.

· Listing: Lot 4 Bayside, Edgartown [Sandpiper Realty]