298 50th Street, Avalon

Price $2,850,000
Bedroom(s) 5
Full Bath(s) 3
Half Bath(s) 1
Days on Market 8
Status UNDER CONTRACT
Price $2,850,000
Bedroom(s) 5
Full Bath(s) 3
Half Bath(s) 1

Situated on a large 60X110 ft. corner lot, this unique 5 bedroom, 3.5 bath two-story single-family home offers the rare opportunity to enjoy the existing home now or redevelop the property into a new residence of up to approximately 4,620 square feet. Located just one block from the beach path and offered under $3 million, the property is equipped with two kitchens and offers a strong combination of present use and future potential. Recent updates include a 50-year standing seam metal room, updated baths throughout, and two updated kitchens, along with plenty of space for entertaining. The first floor offers two large bedrooms, a hall bath, and a powder room, plus expansive living space with room for dining and a first-floor family room overlooking the kitchen. Upstairs are three additional bedrooms, including the primary suite, which is situated toward the rear of the home and features a spacious ensuite bath. Two additional bedrooms are serviced by a hall bath. A second kitchen is also located on this level, overlooking an additional family room area with more space for dining. A wraparound deck offers peeks of the bay and quiet enjoyment, with only the south side of 50th Street featuring single-family homes. Whether the next owner chooses to use the home as-is, renovate right away, or move forward with a full teardown and new build, the flexibility of this property is a major part of its appeal. Never a rental and offered fully furnished, less exclusions. Ideal closing would be late July/early August so the buyer can enjoy the second half of summer in Avalon.

  • Range
  • Microwave Oven
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Deck
  • Storage Building
  • Living Room
  • Dining Room
  • Kitchen
  • Den/TV Room
  • Great Room
  • Electric
  • Baseboard
  • Central Air Condition
  • Gas- Natural
  • City
  • Two Story
  • 3 Car
Listing is provided by FERGUSON-DECHERT, INC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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