Open House Sat, Sep 26th 02:00 PM - 04:00 PM
Address
507 E Lake Drive, Cape May Point, NJ
Price
$ 2,499,000
Property Attributes
  • MLS#261972
  • TypeSingle Family
  • Listing Status Active
  • CountyCAPE MAY
  • CityCape May Point
  • AreaCape May Point
  • NeighborhoodCape May Point
  • Zip08212
  • StyleThree Story
  • Year Built1992
  • Taxes$ 5555
  • Price$ 2,499,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2368
Data Source:
Cape May County MLS (CMCAR)
Property Description

Experience the best of all worlds in this beautifully updated coastal retreat, perfectly situated just a short walk to the beach and directly across from the lake on a secluded, wooded lot. Nestled beneath a canopy of mature trees in one of the areas most renowned migratory bird habitats, this property offers exceptional privacy and a peaceful natural setting. This spacious home features 3 bedrooms, 2.5 bathrooms, plus a versatile ground-floor office that could easily serve as a fifth bedroom. The expansive living room is the heart of the home, complete with a cozy fireplace and plenty of space for gathering with family and friends. Enjoy the outdoors year round from the front porch or entertain on the expansive rear wolf deck with cable overlooking tranquil wooded surroundings. The entire third floor is dedicated to an oversized bunkroom, offering endless possibilities as a guest retreat, playroom, media room or an inspiring artists studio. Thoughtfully updated throughout with upgrades, including a new roof, this home combines modern comforts with timeless coastal charm. Whether you are searching for a year round residence, vacation get away, or investment property, this unique property provides an exceptional lifestyle in a truly special location.

Price History
7/22/2026 Listed $2,499,000

General Features

Heating Electric
Cooling Central Air Condition
Water City
Sewer City
Construction Three Story
Full Baths 2
Year Built 1992
Other Rooms Living Room,Kitchen,Dining Area,Library/Study,1st Floor Primary Bedroom,Laundry Closet
County Cape May
Class RESIDENTIAL
Type Single Family
Lot Number 20
Tax Year 2026
New Construction Y/N No
Associated Document Count 2
Status ACTIVE
Sale/Rent For Sale
Bank Owned No
Location Island,Wooded Lot,Water View
City Cape May Point
Taxes 5555.03
DOM 57
Price Per Sq Ft Total AG 1055.32

Interior Features

Interior Amenities Wood Flooring,Security System,Smoke/Fire Alarm,Fireplace- Wood,Tile Flooring
Basement Crawl Space
Beds 4
Total Baths 2.1
Appliances Included Range,Oven,Microwave Oven,Refrigerator,Washer,Dryer,Dishwasher,Smoke/Fire Detector,Stove Electric
Hot Water Electric
Total Rooms 6

Exterior Features

Exterior Amenities Deck,Screened Porch,Outside Shower
Frontage 50
Parking/Garage 3 Car,Gravel Driveway
Lot Dimensions 50x192 irr
Lot Size 1 to 6000 SqFt

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 08212

Year Built
AVG 1986
1992