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Sold for $1,200,000
  • $1,200,000

    1520 Yacht Ave #205, Cape May, NJ 08204

    3beds
    1,427sqft
    Condominium
    Built in 1987
    -- sqft lot
    $1,255,400 Zestimate®
    $841/sqft
    $3,227 Estimated rent

    Home value

    $1,255,400

    $1.13M - $1.41M

    $3,227/mo

    Zestimate® history
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    What's special

    Updated kitchenComprehensive exterior renovationSolid core interior doorsUpdated window treatmentsSpacious primary suite
    Located in the marina district of Historic Cape May, Devil’s Reach Unit 205 offers a rare opportunity to own a well-maintained, end-unit condominium with deeded boat slip. Spanning 1,427 square feet over two levels, this top-floor residence combines comfort, function, and an ideal location for boaters. The main level features an open-concept living and dining area, an updated kitchen with bar seating, two guest bedrooms, a full bath with tub/shower combo, and a laundry closet. Step out onto the private deck to enjoy water views and salty breezes. Upstairs, the spacious primary suite includes a private bath with tiled shower. Additional highlights include one assigned parking space with additional guest parking, a dedicated storage closet, an area for kayak and paddleboard storage, a community pool, and a deeded boat slip with water and electric—accommodating vessels up to approximately 30 feet. This unit has been thoughtfully improved with newer central heating and air conditioning, solid core interior doors, and updated window treatments. It is being sold fully furnished (minus personal items), and while it has a strong vacation rental history, no 2026 bookings are in place yet — giving the next owner full flexibility for next season. Devil’s Reach is a well-run, financially sound condominium association that recently completed a comprehensive exterior renovation including new siding, windows, doors, decks, and awnings. Enjoy convenient access to local favorites such as C-View Inn, The Dry Dock, and The Lobster House—just across Schellenger’s Creek. Whether you’re seeking a low-maintenance boating base or a seasonal retreat with rental potential, Unit 205 checks all the right boxes. Call today for additional information or to schedule a private tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Groetsch, Jr 609-972-6339,

    RE/MAX SURFSIDE,

    Christine Rothwell,GRI,ABR,CRS,

    RE/MAX SURFSIDE

    Bought with:

    Tania Schade, 2295931

    SERHANT

    Source: CMCAOR,MLS#: 252289MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Kitchen, Dining Area
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Water Heater
    Features
    • Storage
    • Flooring: Carpet, Tile
    • Windows: Blinds
    • Furnished: Yes
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 1,427 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Car, Assigned
    Features
    • Levels: Two
    • Entry location: Top Floor
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water View,Water
    Lot
    • Features: Island
    Details
    • Parcel number: 02011600000000390000C205
    • Zoning: R-5

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Deck/Porch, Dock/Boat Slip, Bulkhead
    HOA
    • Has HOA: Yes
    • HOA fee: $500 monthly
    Location
    • Region: Cape May

    Financial & listing details

    • Price per square foot: $841/sqft
    • Tax assessed value: $497,000
    • Annual tax amount: $5,253
    • Date on market: 8/7/2025
    • Listing terms: Conventional,VA Loan,Farmers Home,FHA
    • Inclusions: Blinds, Furniture

    Price history

    DateEventPrice
    2/5/2026Sold$1,200,000$841/sqft
    Source: Public Record Report a problem
    10/24/2025Sold$1,200,000-4%$841/sqft
    Source: CMCAOR #252289 Report a problem
    9/12/2025Contingent$1,250,000$876/sqft
    Source: CMCAOR #252289 Report a problem
    8/7/2025Listed for sale$1,250,000+88.7%$876/sqft
    Source: CMCAOR #252289 Report a problem
    12/18/2020Sold$662,500-5.2%$464/sqft
    Source: CMCAOR #203530 Report a problem
    12/4/2020Pending sale$699,000$490/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #203530 Report a problem
    10/16/2020Price change$699,000-3.6%$490/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #203530 Report a problem
    9/16/2020Listed for sale$725,000+40.8%$508/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #203530 Report a problem
    4/2/2009Sold$515,000-94.3%$361/sqft
    Source: Public Record Report a problem
    10/7/1998Sold$9,021,000$6,322/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,253 $497,000
    2024$5,253 -1.6%$497,000
    2023$5,338 +5.5%$497,000
    2022$5,059 +4.9%$497,000
    2021$4,821 -1.7%$497,000
    2020$4,905 +6%$497,000
    2019$4,627 +5.3%$497,000
    2018$4,393 +6.2%$497,000
    2017$4,135 -3.8%$497,000
    2016$4,299 $497,000
    2015$4,299 +3.2%$497,000
    2014$4,165 +6.9%$497,000
    2012$3,896 +5.9%$497,000
    2011$3,678 +8.7%$497,000
    2010$3,385 +2.4%$497,000 +25.3%
    2009$3,305 +8.2%$396,800
    2008$3,055 $396,800
    2007$3,055 $396,800
    2006-- $396,800
    2005-- $396,800
    2004$3,016 $396,800 +114%
    2003-- $185,400
    2002-- $185,400
    2001-- $185,400
    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,255,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,255,400