Real Estate
Captain Warren, it turns out, was actually an accountant.
And the house at 62 North Water street may bear his name (along with the disingenuous title of captain), but the history of the building is not about Captain Warren. The once-stately home dates to the late 18th century and was the home of the Osborns, an old Edgartown family that traced its roots to the whaling era. Caroline Osborn Warren, Mr. Warren’s wife, inherited the house, and was a benefactor of the Edgartown Public Library next door.
The Martha’s Vineyard Land Bank reported revenues of $192,970 for the business week ending on Friday, August 31, 2012.
The Martha’s Vineyard Land Bank announced this week that it has purchased nearly 12 acres in the rural wooded perimeters of Edgartown, completing a long-planned project to protect the westerly entrance to town as largely undeveloped land — both the fields and woodland.
The land bank paid $900,000 for 11.8 acres. The seller was Philip J. Norton Jr. The purchase will boost the total size of the land bank’s Ben Toms Preserve to nearly 30 acres, with some 2,000 feet of frontage on the West Tisbury Road.
A joint purchase last month by the town of Tisbury and the Martha’s Vineyard Land Bank completes a decades-old aquifer protection plan around the Manter well.
The town and the land bank paid $400,000 for 9.5 acres off Old Holmes Hole Road, with the town putting in $300,000 and the land bank $100,000. The transaction took place on August 24.
One of the listed sellers was Ron Monterosso, acting as a trustee for Redmont Realty Trust, which owned a fractional interest in the property. The sale was handled through a trustee appointed by the Dukes County Probate Court.
409 Lambert's Cove Road in West Tisbury sold for $785,000 on August 20.
80 Oak Lane in West Tisbury sold for $300,000 on August 21.