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Sold for $3,200,000
  • $3,200,000

    501 W Cresse Ave, Wildwood, NJ 08260

    6beds
    --sqft
    Single Family Residence
    Built in ----
    6,000 Square Feet Lot
    $3,315,700 Zestimate®
    $--/sqft
    $7,205 Estimated rent

    Home value

    $3,315,700

    $2.92M - $3.78M

    $7,205/mo

    Zestimate® history
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    What's special

    Bayfront sanctuaryCasual mealAtlantic oceanPicturesque waterfront viewsFresh seafoodCustom tileworkEngineered hardwood flooring
    Welcome to Bayfront Paradise…This exquisite bayfront home is not only a luxurious retreat but also a haven for boating enthusiasts and those who appreciate an active waterfront lifestyle. With its prime location on the border of Wildwood Crest, this property provides unparalleled access to the water and a host of boating activities. Imagine starting your day by grabbing your kayak or paddleboard and embarking on a tranquil journey down to Sunset Lake, soaking in the serene surroundings and enjoying the calm waters. For boat owners, the convenience of having a floating dock connected to two 50-foot floating docks cannot be overstated. This setup allows for the accommodation of three vessels, giving you the freedom to explore the expansive waterways of the inlet, Atlantic Ocean, and Delaware Bay with ease. The two included boat lifts make maintenance and care effortless, ensuring that your watercraft is always ready for your next adventure. As you set sail, you'll have the pleasure of cruising to several exceptional waterfront restaurants. Whether you're in the mood for fresh seafood at the renowned Lobster House in Cape May, a fine dining experience at Reeds in Stone Harbor, a casual meal at Beach Creek in Wildwood, or a lively evening at the Swine Bar in North Wildwood, the options are endless. These culinary delights are just a boat ride away, allowing you to enjoy a unique dining experience with picturesque waterfront views. For fishing enthusiasts, the proximity to the inlet, Atlantic Ocean, and Delaware Bay is a dream come true. You'll have quick and easy access to some of the best fishing grounds in the area, whether you're in pursuit of trophy fish or simply enjoy the therapeutic act of casting your line into the water. With this home's fantastic location, you'll be able to spend more time doing what you love—reeling in that perfect catch—and less time commuting to and from the water. When you're ready to return to your bayfront sanctuary, the luxury and comfort of the home await you. The six spacious bedrooms offer ample space for you and your guests to unwind and relax after a day of boating adventures. The custom tilework and coastal aesthetic create an atmosphere of elegance and tranquility throughout the house, while the engineered hardwood flooring adds a touch of warmth and sophistication. The multiple bayside decks beckon you to indulge in breathtaking views and vibrant sunsets that Cape May County is famous for. Whether you're sipping your morning coffee or hosting a sunset gathering with friends and family, these outdoor spaces provide the perfect backdrop for creating cherished memories. This home uniquely features an elevator at the ground level for full access to the entire home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Howard Watson 856-625-5900,

    eXp REALTY - WC,

    Marguerite A. Clancy,

    eXp REALTY

    Bought with:

    John Haggerty, 0562701

    COASTAL ELITE REALTY

    Source: CMCAOR,MLS#: 231857MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • Partial bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Great Room, See Remarks
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Range, Self Cleaning Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Gas Cooktop, Wine Cooler, Instant Hot Water
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Elevator, Storage, Walk-In Closet(s), Eat-in Kitchen
    • Flooring: Wood, Tile
    • Windows: Shades, Window Treatments
    • Basement: Full,Exterior Entry,Interior Entry,Masonry Floors/Wall,See Remarks
    • Attic: Storage

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, 3 Car, Attached, Garage Door Opener, Concrete, 4 car parking
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Deck, Enclosed/Covered Patio
    • Exterior features: Outdoor Grill, Dock, Bulkhead, Outdoor Shower, See Remarks, Boat Slip, Sprinkler System
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay Front, Waterfront
    Lot
    • Size: 6,000 Square Feet
    • Dimensions: 50 x 120 irr
    • Features: Corner Lot, Island, See Remarks, Bulk Head
    Details
    • Additional structures: Storage
    • Parcel number: 140000100000000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Upside Down,See Remarks
    • Property subtype: Single Family Residence
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System, Fire Alarm
    Location
    • Region: Wildwood

    Financial & listing details

    • Tax assessed value: $904,100
    • Annual tax amount: $25,600
    • Date on market: 7/15/2023
    • Inclusions: Shades, Furniture, See Remarks, Window Treatments

    Price history

    DateEventPrice
    8/30/2023Sold$3,200,000-1.5%
    Source: CMCAOR #231857 Report a problem
    7/20/2023Contingent$3,249,000
    Source: CMCAOR #231857 Report a problem
    7/15/2023Listed for sale$3,249,000
    Source: CMCAOR #231857 Report a problem
    7/15/2023Listing removed--
    Source: CMCAOR #230119 Report a problem
    6/11/2023Price change$3,249,000-8.5%
    Source: CMCAOR #230119 Report a problem
    4/25/2023Price change$3,549,000-4.1%
    Source: CMCAOR #230119 Report a problem
    3/21/2023Price change$3,699,000-3.9%
    Source: CMCAOR #230119 Report a problem
    1/15/2023Listed for sale$3,849,000+693.6%
    Source: CMCAOR #230119 Report a problem
    6/22/2016Sold$485,000-7.6%
    Source: Agent Provided Report a problem
    2/11/2016Listed for sale$524,900-8.7%
    Source: LEES REAL ESTATE #168437 Report a problem
    12/31/2015Listing removed$575,000
    Source: CENTURY 21 Alliance #160086 Report a problem
    11/13/2015Pending sale$575,000
    Source: CENTURY 21 Alliance #160086 Report a problem
    9/19/2014Listed for sale$575,000-11.5%
    Source: CENTURY 21 Alliance #160086 Report a problem
    4/1/2014Listing removed$650,000
    Source: CENTURY 21 Alliance #154227 Report a problem
    10/5/2013Listed for sale$650,000
    Source: C21 ALLIANCE / WILDWOOD CREST #154227 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$27,132 $904,100
    2024$27,132 +2.5%$904,100
    2023$26,481 +26.2%$904,100
    2022$20,985 +2.4%$904,100
    2021$20,490 +3.7%$904,100
    2020$19,759 +26.9%$904,100
    2019$15,576 $904,100 +110.5%
    2018$15,576 +48.9%$429,500
    2017$10,458 +1.6%$429,500 -4.6%
    2016$10,292 -24.2%$450,000 -25.1%
    2015$13,571 +2.7%$600,500
    2014$13,214 -2.4%$600,500 -21.7%
    2010$13,542 +10.9%$766,900
    2009$12,208 +7.2%$766,900
    2008$11,387 -9.6%$766,900
    2007$12,590 $766,900 -11.5%
    2006-- $866,900
    2005-- $866,900 +327.5%
    2004$6,456 $202,800
    2003-- $202,800
    2002-- $202,800
    Find assessor info on the county website

    Neighborhood: 08260

    Nearby schools

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    Estimated market value
    $3,315,700
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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
    $3,315,700