Avalon, NJ 08202,5024 OCEAN DR
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Avalon, NJ 08202,5024 OCEAN DR
Avalon, NJ 08202,5024 OCEAN DR
Avalon, NJ 08202,5024 OCEAN DR
Avalon, NJ 08202,5024 OCEAN DR

$6,400,000

Est. payment /mo

$6,599,000

3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5024 OCEAN DR Avalon, NJ 08202

6 Beds

7 Baths

7,697 SqFt

SOLD DATE : 12/18/2020

Key Details

Sold Price $6,400,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 7,697 sqft

Price per Sqft $831

Subdivision Avalon Boro

MLS Listing ID NJCM103900

Sold Date 12/18/20

Style Coastal

Bedrooms 6

Full Baths 5

Half Baths 2

HOA Y/N N

Abv Grd Liv Area 7,697

Originating Board BRIGHT

Year Built 2006

Annual Tax Amount $31,901

Tax Year 2020

Lot Size 0.599 Acres

Acres 0.6

Lot Dimensions 90 x 290

Property Description

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.

Location

State NJ

County Cape May

Area Avalon Boro (20501)

Zoning RESIDENTIAL

Direction East

Rooms

Other Rooms 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

Main Level Bedrooms 2

Interior

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, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Pantry, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Walk-in Closet(s), Wet/Dry Bar, WhirlPool/HotTub, Window Treatments, Wine Storage, Wood Floors

Hot Water Natural Gas

Heating Forced Air, Radiant

Cooling Central A/C, Ceiling Fan(s), Multi Units, Zoned

Flooring Carpet, Hardwood, Heated, Marble, Tile/Brick, Wood, Other

Fireplaces Number 2

Fireplaces Type Gas/Propane

Equipment 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, Indoor Grill, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Six Burner Stove, Trash Compactor, Washer, Water Heater

Furnishings Yes

Fireplace Y

Window Features Energy Efficient,Insulated,Sliding

Appliance 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, Indoor Grill, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Six Burner Stove, Trash Compactor, Washer, Water Heater

Heat Source Natural Gas

Laundry Lower Floor

Exterior

Exterior Feature Balcony, Deck(s), Patio(s), Porch(es), Roof

Garage Garage - Front Entry, Garage Door Opener, Inside Access, Oversized

Garage Spaces 3.0

Fence Decorative, Rear

Pool Gunite, Heated, In Ground, Saltwater, Pool/Spa Combo

Utilities Available Above Ground, Cable TV, Electric Available, Natural Gas Available, Phone, Phone Connected, Sewer Available, Water Available

Waterfront Y

Waterfront Description Riparian Grant,Private Dock Site

Water Access Y

Water Access Desc Boat - Powered,Fishing Allowed,Canoe/Kayak,Personal Watercraft (PWC),Swimming Allowed

View Bay, Water

Roof Type Shingle,Pitched

Street Surface Black Top

Accessibility 2+ Access Exits, 36\"+ wide Halls, Elevator

Porch Balcony, Deck(s), Patio(s), Porch(es), Roof

Road Frontage Boro/Township

Attached Garage 3

Total Parking Spaces 3

Garage Y

Building

Lot Description Bulkheaded, Flood Plain, Front Yard, Landscaping, Level, No Thru Street, Poolside, Rear Yard, Road Frontage, SideYard(s), Tidal Wetland

Story 3

Foundation Crawl Space, Flood Vent, Slab

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 3

Additional Building Above Grade

Structure Type Cathedral Ceilings,Dry Wall,Vaulted Ceilings

New Construction N

Schools

Elementary Schools Avalon

Middle Schools Avalon

School District Avalon Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 01-00049 05-00003

Ownership Fee Simple

SqFt Source Assessor

Security Features 24 hour security,Carbon Monoxide Detector(s),Exterior Cameras,Fire Detection System,Main Entrance Lock,Security System,Smoke Detector

Acceptable Financing Conventional

Horse Property N

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Bright MLS (BMLS)
Listed by Michael T Mavromates • Long & Foster Real Estate, Inc.
Bought with Non Member • Non Subscribing Office

Justin Heath

Team Leader | Realtor | License ID: RS347845 PA & 2298019 NJ

+1(215) 808-7425

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