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Inside the Sotheby’s International Realty Open House Showcase: A New Way to Experience Luxury Homes

Luxury real estate has long carried an air of exclusivity. Private showings, gated estates, and invitation-only viewings. But the Sotheby’s International Realty Open House Showcase is redefining that experience, opening the doors (quite literally) to a broader audience.

Save the Date for a Global Open House Event Unlike Any Other

On April 11–12, Sotheby’s International Realty agents worldwide invite you to experience the extraordinary at our Open House Showcase. Explore, get inspired, and maybe find your dream home – wherever you are in the world.

Visit us at these locations on Martha's Vineyard: 

33 Lagoon Pond Road, Vineyard Haven 
Saturday, April 11
12 PM - 2 PM

3 Kims Way, Oak Bluffs
Saturday, April 11
10 AM - 11 AM

5 Pine Tree Lane, Vineyard Haven
Sunday, April 12
12:30 PM - 1:30 PM

What Is the Open House Showcase

The Open House Showcase is a coordinated real estate event where Sotheby’s International Realty offices across a region—or even globally—host simultaneous open houses. Instead of visiting one property at a time, buyers and curious visitors can explore a curated collection of luxury homes over a single weekend.

This isn’t your typical open house. Each participating property is carefully selected to reflect the brand’s focus on quality, design, and lifestyle. From waterfront retreats to architecturally significant estates, the showcase offers a rare opportunity to experience multiple high-end listings in a single, seamless tour.

A Local Event with Global Reach

While each showcase is organized at the local level, it benefits from Sotheby’s International Realty’s global network and brand recognition. Whether it’s Martha’s Vineyard, a California wine region, or an international market, the experience maintains a consistent standard of quality and presentation.

We look forward to seeing you this weekend on Martha’s Vineyard!

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Luxury Outlook 2023

We are pleased to introduce the Sotheby’s International Realty 2023 Luxury Outlook report, which outlines the industry trends and happenings across high-end residential markets around the world. In 2022, we saw mortgage rates soar after two years of historic lows, fueling a “lock-in” effect that strained an already tight market as homeowners continued to spend more time at home than ever before. In this report, we highlight the trends that you can expect in the year ahead, from the projected flow of global wealth into the real estate market to luxury real estate in the metaverse.

CLICK HERE TO READ THE REPORT

Through the 2023 Luxury Outlook report, our goal is to help you navigate this fast-moving and ever-changing real estate market. We hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest your equity wisely in the year ahead.

Here is a snapshot of takeaways from the report:

    •    Strong Appeal for Luxury Properties, Despite Interest Rate Hikes
    •    With Inventory Increases, Markets Begin to Turn—Slightly—in Buyers’ Favor
    •    An Explosion of Global Wealth, Funneled into the Real Estate Market
    •    For Passing Wealth Between Generations, Property Is Still King
    •    High-End Vacation Rental Spots Face Changing Market Post-Covid
    •    Buyers Around the Globe Expand Their Searches
    •    Naturehoods: The Great Outdoors is a Top Amenity
    •    Supply-Chain Issues Ease in Some Areas, Yet Prices Remain High
    •    Real Estate Industry Explores the New World of the Metaverse

As always, we are here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.

Contact us today
Wallace & Co. Sotheby’s International Realty
info@wallacemv.com
508.627.3313

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Sotheby’s International Realty® Affiliates Achieve $7 Billion in Sales Volume in Massachusetts in 2022

Sotheby’s International Realty® Affiliates Achieve $7 Billion in Sales Volume in Massachusetts in 2022

Martha’s Vineyard, Massachusetts (January 30, 2023) – The Sotheby’s International Realty® network of affiliated brokerages in Massachusetts is pleased to announce that they achieved an aggregate $7 Billion in sales volume and served approximately 6,000 clients total in 2022 statewide. 

Sotheby’s International Realty® comprises 12 independently owned and operated brokerage firms in Massachusetts: Gibson Sotheby’s International Realty, Barrett Sotheby’s International Realty, Cape Coastal Sotheby’s International Realty, Mathieu Newton Sotheby’s International Realty, Maury People Sotheby’s International Realty, Mott & Chace Sotheby’s International Realty, New Seabury Sotheby’s International Realty, Sagan Harborside Sotheby’s International Realty, South Shore Sotheby’s International Realty, Unlimited Sotheby’s International Realty, Wallace & Co. Sotheby’s International Realty, and William Pitt Sotheby’s International Realty. Sotheby’s International Realty® additionally operates three brokerages in Falmouth, Osterville, and Sandwich.

“On Martha’s Vineyard we continue to see the vacation market being affected by the impact Covid had on buyer’s attitudes towards home buying.  Second home purchasers continue to reference the importance of having the option to have a more rural retreat for both remote working and family free time. Our inventory remains at an all time low but the appeal of our Island is stronger than ever,” said Thomas C. Wallace, Owner/Principal Broker of Wallace & Co. Sotheby’s International Realty on Martha’s Vineyard.

“In the face of a market shift, successful companies must deliver exceptional service,” said Colleen Barry, Chief Executive Officer at  Gibson Sotheby’s International Realty, which has offices in Boston, Greater Boston, the North Shore, South Shore and Cape Cod. “Despite low inventory levels and high interest rates, Sotheby’s International Realty® continues to lead the industry through its technology and marketing offerings, and the performance of all affiliated associates statewide made significant contributions to the brand’s success in 2022. We are proud to be ambassadors of the most trusted residential real estate brokerage in the nation.”

“People depend on a brand they recognize and trust to navigate a shifting market,” said Nicole Rideout Hartwick, Chief Strategy Officer at Gibson Sotheby’s International Realty. “These numbers verify the dedication of our affiliated professionals, and it gives me great pride to recognize them for their achievements.” 

  

For additional information, please contact 

Wallace & Co. Sotheby’s International Realty

info@wallacemv.com

508.627.3313

Learn more about our office. Click Here

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JUST LISTED – Edgartown Village Compound

71 Davis Lane, 14 Pent Lane, 7 Pease’s Point Way – Edgartown

13 Beds | 9.5 Baths | 8,935 SF

Offered at $12,500,000

A rare opportunity to own an exceptional, one-of-a-kind compound in the heart of Downtown Edgartown. Comprising three distinct properties, located on Davis Lane, Pease’s Point Way, and Pent Lane. These 3 offerings are perfectly positioned to create a remarkable compound, with abutting property lines that border an expansive yard complete with pristine lawns and mature landscaping. Enjoy your own unparalleled private oasis in one of the most coveted neighborhoods on Martha’s Vineyard.  Close proximity to downtown shops, restaurants, Edgartown Harbor, and some of the Vineyard’s best beaches.

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JUST LISTED – Stunning Coastal Home with Deepwater Dock

37 Witchwood Lane, Edgartown 

Offered at $5,950,000

Located in the highly sought-after Witchwood neighborhood, this meticulously maintained home was designed for both formal and casual entertaining. This 4,825-sf residence offers quality craftsmanship and detail, throughout a recently updated interior, along with 3 fireplaces, expansive windows, high ceilings, and 5 spacious bedrooms. The first floor features a welcoming foyer leading into a large family room with floor-to-ceiling windows, beautiful molding detail and bookcases surrounding a gas fireplace. The recently updated kitchen includes a center-island, new state-of-the-art appliances and wine fridge, pantry, breakfast nook and stone fireplace. There is an additional living room on the main level with French doors, along with a dining room and renovated master bedroom suite with private bath and home office, and a new sunroom overlooking the backyard gardens. The second floor features a guest bedroom suite with a private bath, 2 additional guest bedrooms with a shared bath, and a guest suite located above the garage with private bath, sitting area and separate staircase entrance. Privately sited on 3.1 acres, this Martha’s Vineyard home is surrounded by large trees, lush flower gardens, and a newly designed backyard oasis featuring, a saltwater pool, pergola, stone walls, bluestone patio, fire pit, sprawling lawn, and colorful gardens. The highly coveted Witchwood neighborhood includes 2 tennis courts and a designated boat slip on the association dock set on Edgartown Harbor. Enjoy all of these amenities while being just minutes from Downtown Edgartown and the waves of South Beach.

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Just Listed – Elegant Home in Vineyard Haven

110 Clover Hill Drive, Vineyard Haven

Offered at $1,555,000

Elegant home in Vineyard Haven located in the desirable Clover Hill Drive neighborhood. This recently renovated home features a three-car garage and a legal apartment. Recent updates include new windows, doors, roof, renovated gourmet kitchen, renovated baths, and new wood floor. The open floor plan on the main level offers great room for entertaining including living room with brick fireplace, a gourmet kitchen with breakfast bar, dining area with access to the porch. The master bedroom ensuite with a full renovated bath opens to a private deck. The first guest bedroom is located on the main floor with a deck. A large living room/media room, laundry, full bath, and an attached two-car garage is located on the lower level. Also on the lower level is the legal studio apartment. The third large garage is detached from the main house, offering great space for boat storage. Easy access to Main Street, shops, beaches, and bike path. This is an incredible investment opportunity!!

 

3 Beds | 4 Baths | 0.52 Acres

Listed with Ana Paiva

 

 

 

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Just Listed – Elegant Home in Vineyard Haven

110 Clover Hill Drive, Vineyard Haven

Offered at $1,555,000

Elegant home in Vineyard Haven located in the desirable Clover Hill Drive neighborhood. This recently renovated home features a three-car garage and a legal apartment. Recent updates include new windows, doors, roof, renovated gourmet kitchen, renovated baths, and new wood floor. The open floor plan on the main level offers great room for entertaining including living room with brick fireplace, a gourmet kitchen with breakfast bar, dining area with access to the porch. The master bedroom ensuite with a full renovated bath opens to a private deck. The first guest bedroom is located on the main floor with a deck. A large living room/media room, laundry, full bath, and an attached two-car garage is located on the lower level. Also on the lower level is the legal studio apartment. The third large garage is detached from the main house, offering great space for boat storage. Easy access to Main Street, shops, beaches, and bike path. This is an incredible investment opportunity!!

 

3 Beds | 4 Baths | 0.52 Acres

Listed with Ana Paiva

 

 

 

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Just Listed – Elegant Home in Vineyard Haven

110 Clover Hill Drive, Vineyard Haven

Offered at $1,555,000

Elegant home in Vineyard Haven located in the desirable Clover Hill Drive neighborhood. This recently renovated home features a three-car garage and a legal apartment. Recent updates include new windows, doors, roof, renovated gourmet kitchen, renovated baths, and new wood floor. The open floor plan on the main level offers great room for entertaining including living room with brick fireplace, a gourmet kitchen with breakfast bar, dining area with access to the porch. The master bedroom ensuite with a full renovated bath opens to a private deck. The first guest bedroom is located on the main floor with a deck. A large living room/media room, laundry, full bath, and an attached two-car garage is located on the lower level. Also on the lower level is the legal studio apartment. The third large garage is detached from the main house, offering great space for boat storage. Easy access to Main Street, shops, beaches, and bike path. This is an incredible investment opportunity!!

 

3 Beds | 4 Baths | 0.52 Acres

Listed with Ana Paiva

 

 

 

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Just Listed – Exciting Land Opportunity in the Heart of Katama

Just Listed – Exciting Land Opportunity in the Heart of Katama

An exciting land opportunity in the heart of Katama with easy access to South Beach. Located in a well-established high-end Edgartown neighborhood, this 1.5 acre lot features unmatched privacy while offering easy access to Downtown Edgartown shops, restaurants, and the Katama General Store. An ideal setting for your Martha’s Vineyard home, this location can support a substantial 4-bedroom home and potential for a pool. Surrounded by multi-million-dollar homes, Slough Cove Road is a premier setting not to be missed!

Exclusively listed with:

Alyssa Halisky
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Just Sold – 50 Lookout Hill Road

Just Sold – 50 Lookout Hill Road

Congratulations to our buyers on their new Martha’s Vineyard getaway. One of the highest points on the Island, Lookout Hill offers distant views of the South Shore.

Represented by Alyssa Halisky