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Vineyard Home Sells At Auction For $3.9M

Jul 20, 2009 | Reprints | Unlock Link | Print

A beachfront home located at 24 Temahigan Ave. in Oak Bluffs has been auctioned off for $3.9 million.

The classic Vineyard home sits on 2.5 acres of oceanfront property and includes a private beach and a 100-foot dock.

The recently renovated 3,000-square-foot home features a total of 11 rooms; two fireplaces, heated in-ground pool, and a spa and hot tubs.

"Once again, it illustrates the recent trend of high-end luxury vacation homes becoming more susceptible to foreclosure." said Dan Flynn, chief auctioneer and principal of Flynn/Boston Realty Advisors. "We’re selling real estate in a climate where properties otherwise might not sell."

Flynn said that he anticipates more of these types of sales now that his new alliance with Boston Realty Advisors is in full swing. Last March, Daniel J. Flynn & Co. and Boston Realty Advisors formed Flynn/Boston Realty Advisors LLC.

Residential Real Estate