REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Apr

Wed

Apr

Thu

Apr

Sam Lepore

snlepore@yahoo.com +1(856) 297-6827

$ 4,175,000

Est. payment | -/mo

6 Beds

5.1 Baths

3,378 SqFt

Save Virtual Tour

$ 4,175,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

5.1 Baths

3,378 SqFt

OPEN HOUSE

Sat Apr 05, 11:30am - 2:30pm

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,378 sqft

Price per Sqft $1,235

MLS Listing ID 242381

Style Three Story

Bedrooms 6

Full Baths 5

Year Built 2005

Annual Tax Amount $10,665

Tax Year 2022

Lot Dimensions 60 x 84

Property Sub-Type Single Family

Property Description

Prime Avalon Luxury Retreat – A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ—a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end finishes, designer details, and multiple master suites, making it ideal for personal use or as a high-performing short-term luxury rental. This property is already operating as a top-tier short-term luxury rental, with strong bookings in place for multiple seasons, offering a rare opportunity for immediate cash flow. For qualified buyers, the seller is open to transferring ownership via the LLC that holds the property, which may offer potentially significant savings at closing (consult with your tax advisor). Additionally, the seller is willing to offer owner financing and is open to remaining involved in property management, ensuring a seamless transition for investors looking to maximize returns. Designed for both entertaining and relaxation, the home features a gourmet chef's kitchen with Bosch stainless steel appliances, quartz countertops, and an oversized island. Expansive outdoor spaces include multiple decks, a heated pool with hot tub conversion, and a full outdoor kitchen with a built-in grill, sink, and seating area. A unique poolside garage, accessible from both ends, functions as a poolside cabana with seating, a TV, and a mini fridge while also providing ample storage for all of your beach and pool equipment. The home is being sold fully furnished with all professional designer-selected furnishings, allowing for a truly turnkey experience. To ensure years of worry-free enjoyment, the home is equipped with dual-zone HVAC and newer mechanical systems, including a tankless hot water heater and HVAC on the main floor replaced in 2023, a new coil and condenser on the upstairs furnace replaced in 2021, and a hot water heater on the third floor replaced in 2020. Located just steps from Avalon's best beaches, dining, and entertainment, this property offers the perfect combination of coastal luxury and investment potential. Whether you're looking for a smart investment, a private coastal retreat, or a blend of both, this Avalon gem delivers exceptional value and versatility. Schedule your private tour today and experience the Avalon lifestyle for yourself!

Location

State NJ

County Cape May

Area Avalon

Location Details Corner

Rooms

Other Rooms Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Loft, 1st Floor Primary Bedroom

Interior

Interior Features Bar, Cathedral Ceilings, Wood Flooring, Loft, Walk in Closet, Tile Flooring, Kitchen Island, Beverage Refrigerator

Hot Water Gas- Natural, On Demand

Heating Gas Natural, Forced Air, Multi-Zoned

Cooling Central Air Condition, Electric, Ceiling Fan, Multi Zoned

Appliance Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas, Stainless steel appliance

Exterior

Exterior Feature Patio, Deck, Enclosed/Covered Patio, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa

Parking Features Garage

Building

Lot Description Corner

Sewer Public

Water Public

Structure Type Vinyl

New Construction No

Others

Virtual Tour https://drive.google.com/file/d/1AeEJ7o0qnyTbpY3ZT-sGgVQUZ_VRHJ8N/view?usp=sharing

Listed by VANGUARD REALTY ALLIANCE, LLC

+1(856) 297-6827

snlepore@yahoo.com

513 S Lenola Road, Moorestown, NJ, 08057, United States

GET MORE INFORMATION

Quick Search

2118 First Avenue Avalon, NJ 08202