Harbor View Hotel cottages offered for sale starting at $566,500
The Harbor View Hotel in Edgartown has placed 18 of its furnished cottage suites on the market. A press release from the hotel states that the cottages "offer all of the rewards of island ownership without the hassles." The offer is for full, deeded ownership that allows owners year-round access with the opportunity to participate in the hotel's year-round rental program when they are not in residence.
A spokesperson for the hotel said that the hotel, realizing the limited availability of Edgartown properties, wanted to give people the opportunity to own property that could be passed down to future generations.
The cottages were first offered for sale in 2008, a year and a half after the hotel's purchase in 2006 by Scout Real Estate Capital Limited Liability Corporation, according to Harbor View Cottages managing director Jay DiGiulio.
"They were taken off the market because of the economic downturn," Mr. DiGiulio said. "We have decided that this was an opportune time, with some of the markets coming back, to put them back on the market."
The suites are housed in five cottages — each named for a 19th-century Martha's Vineyard whaling captain — tucked throughout the grounds of the hotel. There are seven one-bedroom, one-bath suites ranging from 435 to 892 square feet and priced from $566,500 to $1,249,000. Nine two-bedroom, two-bath suites 678 to 1,473 square feet are priced from $661,000 to $2,467,500. There are two bi-level suites, a three-bedroom suite at 1,195 square feet with two baths priced at $1,648,000; and a 1,061-square-foot bi-level with three baths, priced at $1,364,500.
Each of the suites has a unique floor plan. Designer Linda Woodrum of HGTV "Dream Homes" and Coastal Living Idea Houses has created interiors that evoke a classic Vineyard style and a breezy seaside ambience, according to a press release.
All suites feature central air conditioning, heat, and gas fireplaces. Bedrooms are furnished with a queen or king bed, and linens and towels are provided. Owners have personal storage space in the cottage basements.
The sales gallery is located in the Osborne Cottage, Suite 51 at the hotel. Call Leslie Floyd, director of sales, at 508-627-7404 or 508-221-4643 to schedule a private preview. For more information, visit www.ownharborview.com.
Correction August 10
The print version of this story incorrectly reported that Jay DiGiulio is the managing director of the hotel. He is a principal of Boutique Club International, and the managing director of the cottages.
Scout Capital manages and owns the Harborview Hotel.