The Harbor View Hotel on Martha’s Vineyard offers new ownership opportunities.   

The Captain’s Cottages at Harbor View now afford prospective buyers a rare opportunity to own a piece of the island’s most coveted venue, the Harbor View Hotel. A fixture on the Vineyard since 1891, the Harbor View Hotel has released a limited collection of 18 full-service cottage suites that offer the rewards of island ownership without the hassles. Full-deeded ownership allows year-round access to a one-, two-, or three-bedroom suite, along with the opportunity to participate in the hotel’s expertly managed rental program when owners are not in residence.

From its broad veranda, the hotel boasts spectacular views of Edgartown Harbor, the Vineyard’s premier sailing and yachting location. The 18 exclusive suites are housed in five cottages—each named for a 19th-century Martha’s Vineyard whaling captain—tucked throughout the grounds and just steps from the veranda.

Each suite in the Captain’s Cottages collection has its own unique floor plan. All suites feature one to three bedrooms and one or two baths; central air conditioning; and gas fireplaces. There are kitchenettes equipped with small refrigerators, microwaves, dishwashers, and coffee machines, as well as ensuite washers and dryers. Baths are marble or mini-ceramic tiled, with glass-walled showers and separate tubs. Most suites have porches and/or decks with rocking chairs, and several have private outside showers. A cottage basement provides owners with personal storage space.

Cottage owners will also enjoy significant benefits, including expert management by hotel staff, and recognition as “Stewards” of Harbor View—a select group of people committed to preserving the legacy of the hotel.

Prices range from $566,500 for a first-level suite to $2,467,500 for a penthouse with a deck and water views. ownharborview.com.