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Off market
  • $4,981,300

    1 Coral Ln, Ocean City, NJ 08226

    6beds
    11,000sqft
    SingleFamily
    Built in 1980
    0.28 Acres Lot
    $4,981,300 Zestimate®
    $453/sqft
    $5,014 Estimated rent

    Home value

    $4,981,300

    $4.13M - $6.08M

    $5,014/mo

    Zestimate® history
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    $5,014/mo

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    $31,566/mo

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    $31,566/mo

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    What's special

    Here is your opportunity to own an exclusive Ocean City Rare Riviera Section bayfront on the lagoon! This exquisite bayfront estate has over 180 Ft. of water-frontage situated on an oversized lot with newer bulkhead, vinyl railings and decking, multiple dock systems in place, a heated in-ground pool, cabana house with dishwasher and refrigerator, PLUS a large yard to have pure outside enjoyment. The main house offers six bedrooms, all with water views, five and one half baths, monumental living space with a remarkable living room, a great room with fire place and dazzling views, sizzling gourmet kitchen equipped with viking appliances, both gas and electric stove tops, plenty of cabinetry space, walk in pantry, center island and a full separate wet bar with two beverage refrigerators. The sensational master suite gives you the ability to wake up and enjoy stunning picturesque views, or sit from one of many of attached rooms to relax or work with the serene environment that has been carefully created with the office or attached living suite with hot tub and wet bar, not to mention the two story walk in closet, large steam shower, and sunken jacuzzi tub, and private deck. This home awaits the perfect person to take the original canvas and expand upon it and paint an even more beautiful masterpiece. This is a rare opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central, Geothermal
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Kitchen Island, Pantry, Walk-In Closet(s), Carbon Monoxide Detector, Great Room, Dining Room, Dining Area, Storage, Loft, Florida Room, Bar, Library/Study, Laundry/Utility Room, Eat In Kitchen, Den/TV Room, Recreation/Family
    • Flooring: Tile, Hardwood
    • Windows: Insulated Windows, Blinds, Drapes, Curtains
    • Basement: Crawl Space
    • Attic: Storage
    • Has fireplace: Yes
    • Fireplace features: Family Room, Built-In
    Interior area
    • Total interior livable area: 11,000 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Vinyl
    • Pool features: In Ground
    • Fencing: Fenced Yard
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay Front, Lagoon Front, Bulkheaded
    • Frontage type: Bay/Harbor, Lagoon/Estuary
    Lot
    • Size: 0.28 Acres
    • Features: Cul-de-Sac
    Details
    • Additional structures: Greenhouse, Storage, Cabana
    • Parcel number: 0802215000000008
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    Materials
    • Frame
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Security: Security System, Burglar Alarm, Carbon Monoxide Detector(s), Smoke/Fire Alarm
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $453/sqft
    • Tax assessed value: $2,317,100
    • Annual tax amount: $25,998
    • Inclusions: Blinds, Curtains, Drapes

    Price history

    DateEventPrice
    12/20/2019Sold$2,350,000-21.5%$214/sqft
    Source: SJSRMLS #525130 Report a problem
    7/17/2019Listed for sale$2,995,000+3.5%$272/sqft
    Source: Keller Williams Realty Jersey Shore #525130 Report a problem
    1/16/2017Listing removed$2,895,000$263/sqft
    Source: Keller Williams - Jersey Shore #464919 Report a problem
    3/22/2016Listed for sale$2,895,000$263/sqft
    Source: Keller Williams - Jersey Shore #464919 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,998 +9.2%$2,317,100 +9.2%
    2024$23,803 +4.8%$2,121,500
    2023$22,721 +6.6%$2,121,500
    2022$21,321 +2.8%$2,121,500
    2021$20,748 +1.1%$2,121,500
    2020$20,515 +0.9%$2,121,500
    2019$20,324 $2,121,500
    2018$20,324 +5.6%$2,121,500
    2017$19,242 +1.3%$2,121,500
    2016$18,987 +1.5%$2,121,500
    2015$18,712 +4.8%$2,121,500
    2014$17,863 +7.5%$2,121,500
    2013$16,611 -17.8%$2,121,500
    2012$20,206 +2.6%$2,121,500 -21%
    2011$19,696 +3.8%$2,687,000
    2010$18,970 +4.4%$2,687,000
    2009$18,164 +38.1%$2,687,000
    2008$13,156 +3.1%$2,687,000 +104.2%
    2007$12,761 $1,315,600
    2006-- $1,315,600
    2005-- $1,315,600
    2004$12,761 $1,315,600
    2003-- $1,315,600 +128.3%
    2002-- $576,300
    2001-- $576,300
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,981,300
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    Estimated market value
    $4,981,300