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Off market
  • $4,845,200

    1536-38 Pleasure Ave, Ocean City, NJ 08226

    6beds
    6baths
    4,900sqft
    SingleFamily
    Built in 1988
    5,998 Square Feet Lot
    $4,845,200 Zestimate®
    $989/sqft
    $6,478 Estimated rent

    Home value

    $4,845,200

    $4.22M - $5.57M

    $6,478/mo

    Zestimate® history
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    $6,478/mo

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    Rent Zestimate®

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    $24,885/mo

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    $24,885/mo

    Est. payment

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    What's special

    Artwork and craftsmanship adorn this very spacious and exclusive 6 bedroom, 5-1/2 bath home located on the open bay in beautiful Ocean City, NJ. This exquisite home is designed for those who love to entertain. The open floor plan is roomy and inviting; unparalleled open bay views abound. Designed to impress, the formal entry has custom made, leaded glass double cherry doors with side lights, gorgeous marble floors and a vaulted ceiling. No attention to detail was spared from the open stairways with brass accented railings leading to all 3 living levels, to the elegant tile and Santos mahogany wood floors.The main level is host to a sophisticated gallery-style entry with columns and accent spots highlighting original works of art. The gallery leads to the casually elegant living area, dining area, kitchen and very spacious breakfast area, beautifully partitioned with a floor to ceiling river rock wall which houses 2 gas fireplaces; one each for the living area and the breakfast area. The double glass doors in both the living and breakfast areas open to the large balcony that overlooks the bay and the expansive 2 levels of decking below.An executive kitchen features granite counters, matching backsplashes and cherry cabinets. Built-in appliances including a Sub-Zero refrigerator and full standing freezer, 2 dishwashers, double oven, microwave and warming drawer will please the most discerning chef. The large center island offers ample counter seating for family and guests and is complete with a Dacor range top and separate bar sink.The upper level has 2 generously proportioned master suites. Each suite is its own quiet oasis with a spacious bedroom, twin walk-in cedar closets and luxurious bath.The lower level offers the best for gracious entertaining with a large great room complete with a full size wet bar and a separate snack station. Two under counter refrigerators, a wine cooler, ice maker and a dishwasher offer the host convenience when entertaining. Large windows and 2 glass sliding doors open to approximately 2400 square feet of deck and the 65 foot dock. Commune with the bay, relax in the Hot Springs hot tub or soak up the sun on this beautiful outside living area.Embrace the bay front lifestyle in this home that has 60 feet of water frontage. A new bulkhead was constructed in 2010. Two boats slips, one with a boat lift, plus 2 floating docks offer accommodations for boats, kayaks or jet skis and other watercraft.The ultimate in water front living, this home is complete with a 4-zone heating and cooling system and state of the art hot water system. It is offered completely furnished including works of art and house wares and other luxury appointments.

    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
    Heating
    • Forced air, Other
    Cooling
    • Central
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,900 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 5,998 Square Feet
    Details
    • Parcel number: 0801511000000005

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1988

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $989/sqft
    • Tax assessed value: $2,219,400
    • Annual tax amount: $24,902

    Price history

    DateEventPrice
    1/15/2021Sold$2,550,000+18.6%$520/sqft
    Source: Agent Provided Report a problem
    12/21/2012Sold$2,150,000-6.3%$439/sqft
    Source: Public Record Report a problem
    5/25/2012Price change$2,295,000-8%$468/sqft
    Source: Goldcoast Sotheby's International Realty #371188 Report a problem
    2/29/2012Price change$2,495,000-7.4%$509/sqft
    Source: Goldcoast Sotheby's International Realty #371188 Report a problem
    1/18/2012Price change$2,695,000-3.6%$550/sqft
    Source: Goldcoast Sotheby's International Realty #371188 Report a problem
    4/20/2011Price change$2,795,000-6.5%$570/sqft
    Source: Goldcoast Sotheby's International Realty #371188 Report a problem
    11/9/2010Price change$2,990,000-11.8%$610/sqft
    Source: Goldcoast Sotheby's International Realty #363017 Report a problem
    7/29/2010Listed for sale$3,390,000+442.4%$692/sqft
    Source: Goldcoast Sotheby's International Realty #363017 Report a problem
    4/11/2000Sold$625,000-7.4%$128/sqft
    Source: Public Record Report a problem
    1/13/1999Sold$675,000$138/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,902 $2,219,400
    2024$24,902 +4.8%$2,219,400
    2023$23,770 +6.6%$2,219,400
    2022$22,305 +2.8%$2,219,400
    2021$21,706 +1.1%$2,219,400
    2020$21,462 +297.5%$2,219,400
    2019$5,399 $2,219,400
    2018$5,399 -73.2%$2,219,400
    2017$20,130 +1.3%$2,219,400
    2016$19,864 +1.5%$2,219,400
    2015$19,575 +4.8%$2,219,400
    2014$18,687 $2,219,400
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,845,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,845,200