Address
501 42nd Street, Avalon, NJ
Price
$ 7,950,000
Property Attributes
  • MLS#230366
  • TypeSingle Family
  • CountyCAPE MAY
  • CityAvalon
  • AreaAvalon
  • NeighborhoodAvalon Borough
  • Zip08202
  • StyleThree Story
  • Year Built2007
  • Taxes$ 19682
  • Price$ 7,950,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage5384
Data Source:
Cape May County MLS (CMCAR)
Property Description

Beautifully furnished, professionally decorated/accessorized and move-in ready! 501-42nd St, perhaps Seven Mile Island's finest available Bayfront property, is nestled in Avalon's sought after “Lagoon / Fingers” neighborhood and provides wide open views of bay and wetlands from all three levels. This cedar shingle masterpiece was designed by Asher Architects in collaboration with the owners and beautifully constructed by D.L. Miner. The level of quality, exquisite taste and thoughtful functionality is exceptional. The private backyard oasis offers a deck made of the finest, most durable wood (IPE), and a bayside salt-water pool for cooling off after a day at the beach. Boaters will appreciate the two recently dredged boat slips and updated bulkhead, doc, fiberglass coated pilings along with the attached garage which is equipped with storage for surfboards and kayaks. The first floor features a gourmet custom kitchen with top-of-the-line appliances, including a Sub-Zero fridge, Dacor stove, and reverse osmosis water system under kitchen sink making the drinking water pure. In the bar area, you will find two drawer fridges, an ice maker (with a separate osmosis water system), beverage fridge, and a microwave with a warming drawer. There is a central sound system throughout the house (excluding the bedrooms), making for excellent relaxation with family or entertaining friends. The foyer has a custom chandelier which is electronic for easy cleaning & changing bulbs. The family room, dining area, and living room are all beautifully appointed with plantation shutters, custom coffered ceilings, and gas fireplaces. A living room chandelier, which was imported from England, adds to the home's elegance. The second-floor features raised panel wood treatments on the stairway walls, a guest bedroom with a private deck, and a kid’s area with two bedrooms and a shared, large bathroom with radiant floor heating. All the bathrooms have jacuzzi tubs and a towel warmer. The third floor boasts another foyer with a custom chandelier, stately office featuring paneled walls, a gas fireplace, and a sunny south facing deck for breaks from the action. Also on the third floor is the spacious primary suite with a gas fireplace, gorgeous bathroom with radiant floor heating and separate vanity area. To top things off there is a massive walk-in closet worthy of any primary residence. This is a rare opportunity. The Seller's 28' Chris Craft boat which drew 3.08' had plenty of room at low tide. Call for your private showing today!

Price History
2/14/2023 Listed $9,500,000
3/31/2023 11% - $8,500,000
6/17/2023 7% - $7,950,000

General Features

Interior Features Bar,Elevator,Fireplace- Gas,Wood Flooring,Security System,Smoke/Fire Alarm,Walk in Closet,Tile Flooring,Kitchen Island,Beverage Refrigerator
Heating Gas Natural,Forced Air,Multi-Zoned
Cooling Central Air Condition,Multi Zoned
Exterior Features Patio,Deck,Fenced Yard,Dock,Bulkhead,Cable TV,Sidewalks,Outside Shower,In Ground Pool,Boat Slips,Sprinkler System
Zoning AE
Water City
Sewer City
Type Single Family

Interior Features

Basement Crawl Space
Appliances Included Range,Microwave Oven,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Wine Cooler
Hot Water Gas- Natural

Exterior Features

Exterior Other
House Color Yellow
Parking/Garage Garage,1 Car,Attached,See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08202

Price
AVG $5.85M
$7.95M
Visits
AVG 316
178
Data Provided by Inside Real Estate®
Year Built
AVG 2010
2007
Walkscore
AVG 39
9
Data Provided by Walkscore® not using MLS data

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