Martha’s Vineyard home sale breaks Massachusetts record at $43 million

A massive Edgartown property broke the record for highest home price in the state.

This home, sitting on 18.6 acres, just closed for $43 million, toppling the previous record set by a Katama Bay property at $37.5 million.

Known as “Great Point,” the new record holder is 7,190 square feet with nine bedrooms and 11 bathrooms, boasting Edgartown’s scenic views. Nestled in Herring Creek Farm, a coastal enclave equipped with a functioning farm, the property also has 2,500 feet of private shoreline, along with a nearby space to land a private aircraft.

The coastal compound was originally listed for $49 million in June by Boston tech giant Michael Bronner of Digitas. He invested more than $19 million into the site, according to property records.

There’s an outdoor sauna, a massive kitchen equipped for a private chef, and an abundance of panoramic views.

Listing agents Maggie Gold Seelig of MGS Group Real Estate and Brian Dougherty of Corcoran Property Advisors did not disclose the home’s new owner, but, whoever it is, the buyer joins Herring Creek’s exclusive neighborhood of about a dozen homes. An agent described it as the “’Billionaires’ Row’ of the Vineyard” to the Globe in June.

Residents include late-night legend David Letterman, according to the Wall Street Journal. Letterman helped save a plot next to 61 Butlers Cove from being developed in a $64 million deal back in 2001.

This property is “the best of all worlds,” one of the agents to told the Globe in June. It has privacy, yet vast amounts of nature alongside it, with its own walking trails, and is only a short bike ride away from Edgartown.

“This is not a property meant to be admired from within. It is meant to be lived,” Bronner said in a statement to the Globe in June.

“What we continue to see when advising high net-worth buyers … is that aside from privacy, the thing they value most is time,” one of the agents said when the listing first went up. “We find that Great Point is a place where it just feels like time stands still, and it’s yours to kind of reclaim.”