A property in Edgartown on Martha’s Vineyard has sold for $43 million, setting a new real estate record for both the island and Massachusetts. The estate, known as Great Point, covers 31.59 acres and includes an 8,994-square-foot home with 12 bedrooms. The property is located at 15 Forever Wild Way in Edgartown, facing the South Coast of Martha’s Vineyard and near Edgartown Great Pond, according to a report in the Times of India.
Great Point sells for $43 million
Great Point was listed for $49 million in June before selling for $43 million, according to The Wall Street Journal. The seller was Boston technology entrepreneur and investor Michael Bronner, who spent $19.125 million between 2019 and 2023 assembling the property.
The buyer has not been identified. The sale surpasses Martha’s Vineyard’s previous record of $37.5 million, set by a Katama mansion that sold last year. It also beats Massachusetts’ previous record of $38.1 million, set in 2023 with the sale of Nantucket waterfront property Beams End.
A sprawling Martha’s Vineyard estate
Great Point is located within the Herring Creek Farm area of Edgartown, surrounded by other high-value properties, including those owned by high-profile figures such as David Letterman.
Its 31.59 acres and 12-bedroom home make it a prime example of the growing demand for large private estates on Martha’s Vineyard. Tom Wallace of Wallace & Co. Sotheby’s International Realty previously said buyers are increasingly seeking family compounds rather than traditional vacation homes.
