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  • $5,550,500

    40 Arkansas Ave, Ocean City, NJ 08226

    6beds
    4,081sqft
    SingleFamily
    Built in 2012
    5,823 Square Feet Lot
    $5,550,500 Zestimate®
    $1,360/sqft
    $7,808 Estimated rent

    Home value

    $5,550,500

    $5.05M - $6.11M

    $7,808/mo

    Zestimate® history
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    $7,808/mo

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    Rent Zestimate®

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    $35,343/mo

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    $35,343/mo

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    What's special

    This Nantucket style, custom built, meticulously crafted six bedroom, four bathroom, two half bath home is situated on the lagoon, perfectly executed with an enduring design! This home features three levels of living for the active Ocean City family's lifestyle. Upon entering the house, your eyes will immediately focus on the bank of windows leading you through the large covered porch into the Resort inspired backyard. This oasis has been designed for maximum relaxation. The lush landscaping provides privacy while you and your family enjoy the pool surrounded by beautiful travertine tile. Enjoy an afternoon Barbecue With friends and family taking advantage of the Sonos music system, built-in kegerator, grill, and refrigerator. Appreciate the ample space for your water toys; this home has two boat slips; one will accommodate a 48' boat, and the house is sold with jet ski docks. Enjoy a swim in the lagoon with your dog or jump on your watercraft to complete the LAGOON LIFE experience! Upon shifting your attention to the home's interior, you will first notice the large open concept style floor plan. This design allows all to come together with enough room to spread out. The wall-to-wall windows, tray ceilings, built-in shelving, crown molding, and gas fireplace are just a few features to mention. The kitchen is complete with a subzero/ wolf appliance package, refrigerator drawers, and a huge center island. Extras include a butler pantry with a floor-to ceiling wine fridge, a granite counter and sink for preparing food and drinks, a half bathroom, and a first-floor en suite bedroom. The spacious second floor offers the primary suite, luxurious bath, a shower with dual shower heads, and a large closet. In addition, this bedroom has a porch overlooking the beautiful lagoon. This floor also features a jr. en-suite, two other bedrooms sharing a jack and jill bath design, and a second-floor laundry room. The third floor is fantastic! Another bedroom, half bath, kitchenette, high ceiling, game room and comes with a deck housing a Jacuzzi. 2022-09-08

    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: 6
    Interior area
    • Total interior livable area: 4,081 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,823 Square Feet
    Details
    • Parcel number: 0801910000000012

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    Condition
    • Year built: 2012

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $1,360/sqft
    • Tax assessed value: $1,823,900
    • Annual tax amount: $20,464

    Price history

    DateEventPrice
    2/13/2025Listing removed$5,999,900$1,470/sqft
    Source: SJSRMLS #592783 Report a problem
    2/4/2025Listed for sale$5,999,900+23.7%$1,470/sqft
    Source: SJSRMLS #592783 Report a problem
    10/31/2022Sold$4,850,000-3%$1,188/sqft
    Source: CMCAOR #222636 Report a problem
    9/26/2022Contingent$4,999,999$1,225/sqft
    Source: CMCAOR #222636 Report a problem
    9/8/2022Pending sale$4,999,999$1,225/sqft
    Source: SJSRMLS #566249 Report a problem
    8/19/2022Listed for sale$4,999,999+471.4%$1,225/sqft
    Source: SJSRMLS #566249 Report a problem
    12/18/2011Listing removed$2,000-23.1%
    Source: Berger Realty Report a problem
    11/24/2011Price change$2,600+420%$1/sqft
    Source: Berger Realty Report a problem
    11/22/2011Listed for rent$500
    Source: Berger Realty Report a problem
    1/26/2011Sold$875,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,464 $1,823,900
    2024$20,464 +5.9%$1,823,900 +1.1%
    2023$19,319 +6.6%$1,803,800
    2022$18,128 +2.8%$1,803,800
    2021$17,641 +1.4%$1,803,800 +0.2%
    2020$17,402 +0.9%$1,799,600
    2019$17,240 $1,799,600
    2018$17,240 +5.6%$1,799,600
    2017$16,322 +1.3%$1,799,600
    2016$16,106 +1.5%$1,799,600
    2015$15,872 +4.8%$1,799,600
    2014$15,153 +7.5%$1,799,600
    2013$14,091 +63.9%$1,799,600 +139.5%
    2012$8,598 +2.6%$751,400 -34.3%
    2011$8,381 +3.8%$1,143,400
    2010$8,072 +4.4%$1,143,400
    2009$7,729 +11.2%$1,143,400
    2008$6,948 +3.1%$1,143,400 +64.6%
    2007$6,740 $694,800
    2006-- $694,800
    2005-- $694,800
    2004$6,740 $694,800
    2003-- $694,800 +131.6%
    2002-- $300,000
    2001-- $300,000
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,550,500
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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
    $5,550,500