5024 Ocean Drive

Avalon, NJ
$ 6,599,000 Beds 6 Baths 6 Sq 7,697
Monthly Estimate* How much can I afford?

Live the life in Avalon in this one-of-a-kind three story bright & open 7,697 sq. ft. bayfront property with unobstructed water and sunset views on an oversized 90~x 290~ lot. This luxurious home not only provides bayfront living at its best, but is just steps to a beach path that leads to the exclusive Avalon high dune beach allowing the best of the bay and the beach. Experience the bayfront lifestyle including swimming, boating jet skiing and never-ending water and sunset views. Your outside exquisite living does not end with the bay and beach. You will find a large heated salt water pool surrounded by Travertine paving that includes an Infinity Jacuzzi. The dock has electrical power and all modern LED accent lighting and leads to a floating dock which can accommodate a 55~ or larger yacht. There is also room for wave runners or another small boat. In addition there is an expansive deck overlooking the pool, dock and bay. Three car oversized attached garage with inside access as well as a large paved driveway which can accommodate up to 6 cars. Exquisite landscaping. Double walnut entry doors. Floor to ceiling windows, open floor plan and bay views. Expansive family/theater room with surround sound, gas fireplace and travertine flooring. Additional entertainment room with mahogany built-in wet bar and travertine radiant heated flooring, two cooling drawers, wine cooler, dishwasher and a bar storage closet. Also, on the first floor are two large well designed ensuite bedrooms, powder room, bar area and laundry room. Walnut stairs and Concord elevator to the second floor. The second floor has the open great room with living and dining areas and an eat-in-kitchen. Living room: cathedral ceilings, cherry hardwood flooring, and natural gas fireplace. Gourmet chef kitchen with a huge center island and lovely granite counter tops; Plenty of cabinet space, and a sub-zero refrigerator, gas Wolf Stove with a grill to use inside for those rainy or winter days, two dishwashers, wine cooler, heating drawer and two sub-zero cooling drawers, a separate ice-maker and much more. There are also two additional ensuite bedrooms on this floor. Third floor exquisite master suite with gas fire place, two walk-in closets, oversized bathroom with Jacuzzi tub and large glass steam shower. Relax on your private terrace with a cabana and experience the breathtaking sunset views. Rarely offered roof top deck allows you to enjoy panoramic views of the coastline, high dunes, and annual fireworks. This floor is completed with an office and a gym with water views.Multi-zoned gas heat and central air; surround sound in master bedroom, family and theatre room on the first floor. The pool area as well as floor on the exterior has speakers with a high quality sound system. The home also comes fully furnished for a full turn-key purchase.Built in 2006 there has been only one owner. It has never been rented and has been updated over the ownership period including modern furniture all of which is meticulously maintained. A bayfront home of this size and design with so many amenities rarely ever comes on the market. Furthermore, it is being offered at just $908 per square foot which is well below the market value of others. Factor in the open bay views and a huge lot of 90 x 290 along with all the other amenities makes this home one you must consider. Call today for a showing and take advantage of the opportunity. One of the owners is a licensed NJ Real Estate Agent.

Pending

  • Price
  • $ 6,599,000
  • Lot Size
  • 0.6 Acres
  • Bedrooms
  • 6
  • Sqr Footage
  • 7,697
  • Full Bathrooms
  • 5
  • Year Built
  • 2006
  • Half Bathrooms
  • 2
  • City, Zip
  • Avalon
  • Taxes
  • 31901
  • County
  • CAPE MAY
  • Style
  • Coastal
  • Area
  • Avalon Boro
  • MLS#
  • NJCM103900
  • Zip
  • 08202
Listing Provided by: Long & Foster Real Estate, Inc.

Features

General

Acceptable Financing Conventional
Accessibility 2+ Access Exits, 36 + wide Halls, Elevator
Additional Parcels Y/N No
Appliances Built-In Microwave, Built-In Range, Central Vacuum, Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Gas, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker
Architectural Style Coastal
Association Y/N No
Condo/Coop Association Y/N No
Construction Materials Stucco
Cool Fuel Electric
Cooling Central A/C, Ceiling Fan(s), Multi Units, Zoned
County CAPE MAY
Electric 220 Volts
Elementary School AVALON
Exclusions None
Exterior Features BBQ Grill, Extensive Hardscape, Exterior Lighting, Flood Lights, Hot Tub, Lawn Sprinkler, Outside Shower, Play Area, Secure Storage, Sidewalks, Street Lights, Other, Underground Lawn Sprinkler
Facing Direction East
Flooring Carpet, Hardwood, Heated, Marble, Tile/Brick, Wood, Other
Garage Spaces 3.00
Garage Y/N Yes
Heating Forced Air, Radiant
High School District AVALON PUBLIC SCHOOLS
Historic Y/N No
Interior Features Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Central Vacuum, Carpet, Dining Area, Curved Staircase, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In
Levels 3
Location Type Bayfront
MLS Area Avalon Boro (20501)
Middle/Junior School AVALON
New Construction No
Open Parking Spaces 6.00
Other Structures Above Grade
Ownership Fee Simple
Parking Features Lighted Parking, Stone Driveway
Patio/Porch Features Balcony, Deck(s), Patio(s), Porch(es), Roof
Pool Features Gunite, Heated, In Ground, Saltwater, Pool/Spa Combo
Possession Negotiable
Price Per Sq Ft 857.35
Property Type Residential
PropertyCondition Good
Real Estate Owned Y/N No
Roof Shingle, Pitched
Security Features 24 hour security, Carbon Monoxide Detector(s), Exterior Cameras, Fire Detection System, Main Entrance Lock, Security System, Smoke Detector
Senior Community Y/N No
Sewer Public Sewer
Structure Type Detached
Tax Year 2020
Vacation Rental Y/N No
View Bay, Water
Water Access Y/N Yes
Water Body Name Bay
Waterfront Features Riparian Grant, Private Dock Site
Zoning RESIDENTIAL
Zoning Description Single Family residential

Interior Features

Above Grade Finished Area 7697
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count All Lower Levels 3
Bathrooms Count All Upper Levels 1
Bathrooms Count Lower Level 1 3.00
Bathrooms Count Main Level 3.00
Bathrooms Count Upper Level 1 1.00
Bathrooms Full All Lower Levels 2
Bathrooms Full All Upper Levels 1
Bathrooms Full Lower Level 1 2
Bathrooms Full Main Level 2
Bathrooms Full Upper Level 1 1
Bathrooms Half All Lower Levels 1
Bathrooms Half Lower Level 1 1
Bathrooms Half Main Level 1
Bedrooms Count All Lower Levels 2
Bedrooms Count All Upper Levels 2
Bedrooms Count Lower Level 1 2
Bedrooms Count Upper Level 1 2
Central Air Y/N Yes
Fireplace Features Gas/Propane
Fireplace Y/N Yes
Full Baths 5
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Laundry Type Lower Floor
Living Area 7697
Main Level Bedrooms 2
Number of Elevators 1
Room Type Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Bedroom 1, Exercise Room, Great Room, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Additional Bedroom
Total Baths 7
Total Bedrooms 6
Total Fireplaces 2
Total Rooms 14
Utilities Above Ground, Cable TV, Electric Available, Natural Gas Available, Phone, Phone Connected, Sewer Available, Water Available
Window Features Energy Efficient, Insulated, Sliding

Exterior Features

Half Baths 2
# Of Attached Garage Spaces 3
Dock Type And Features Floating, Material - Composite, Multiple Slip, Private, Ramp, Sun Deck
Dock/slip Conveys Yn Yes
Door Features Double Entry, Sliding Glass
Fencing Decorative, Rear
Foundation Details Crawl Space, Flood Vent, Slab
Garage Features Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
Horse Y/N No
Inclusions All Appliances, Furnishings and carpeting as shown
Lot Dimensions 90 x 290
Lot Features Bulkheaded, Flood Plain, Front Yard, Landscaping, Level, No Thru Street, Poolside, Rear Yard, Road Frontage, SideYard(s), Tidal Wetland
Lot Size Acres 0.60
Lot Size Source Assessor
Lot Size Square Feet 26100.00
Navigable Water Y/N Yes
Number of Docks 2
Number of Slips 2
Pool Y/N Yes - Personal
Road Frontage Length 90
Road Surface Type Black Top
Roadresponsibility Boro/Township
Soil Types Unknown
Spa No
Total Parking Spaces 3
Type of Parking Attached Garage, Driveway, Off Street, On Street
Water Access Features Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Swimming Allowed
Water Body Type Bay
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Avalon Elementary School
Middle School Avalon Middle School
High School Unknown High School

Price History

2/10/2020 Listed $6,990,000
7/24/2020 6% - $6,599,000

Property vs Zip Code Average in 08202

Price
AVG $5.33M
$6.6M
Taxes
AVG $21,371
$31,901
Visits
AVG 118
207
Year Built
AVG 2008
2006
Walkscore
AVG 33
12
Data Provided by Walkscore ® not using MLS data

Map

5024 Ocean Drive Avalon, NJ is a Single Family Home for sale at $6599000 with 7697 sqft and a lot size of 0.6 Acres Acre(s). 5024 Ocean Drive Avalon has 6 bedrooms, 5 baths and was built in 2006. The property's zip code is 08202 which is in Avalon, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.