Experience the best of all worlds in this beautifully updated coastal retreat, perfectly situated just a short walk to the beach and directly across from the lake on a secluded, wooded lot. Nestled beneath a canopy of mature trees in one of the areas most renowned migratory bird habitats, this property offers exceptional privacy and a peaceful natural setting. This spacious home features 3 bedrooms, 2.5 bathrooms, plus a versatile ground-floor office that could easily serve as a fifth bedroom. The expansive living room is the heart of the home, complete with a cozy fireplace and plenty of space for gathering with family and friends. Enjoy the outdoors year round from the front porch or entertain on the expansive rear wolf deck with cable overlooking tranquil wooded surroundings. The entire third floor is dedicated to an oversized bunkroom, offering endless possibilities as a guest retreat, playroom, media room or an inspiring artists studio. Thoughtfully updated throughout with upgrades, including a new roof, this home combines modern comforts with timeless coastal charm. Whether you are searching for a year round residence, vacation get away, or investment property, this unique property provides an exceptional lifestyle in a truly special location.
For sale
$2,499,000
507 E Lake Dr, Cape May Point, NJ 08212
4beds
2,368sqft
Single Family Residence
Built in 1992
9,600 Square Feet Lot
$2,403,300 Zestimate®
$1,055/sqft
$-- HOA
What's special
Cozy fireplaceSecluded wooded lotBeautifully updated coastal retreatFront porchVersatile ground-floor officeTranquil wooded surroundingsSpacious home
- 45 days
- 1,190
- 28
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Annie Mullock 609-602-0608,
Tim Kerr Sotheby's International Realty
Source: CMCAOR,MLS#: 261972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Rooms
- Room types: Living Room, Kitchen, Dining Area, Library/Study
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Range, Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater
- Laundry: Laundry Closet
Features
- Flooring: Wood, Tile
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,368
- Total interior livable area: 2,368 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 Car, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Screened
- Exterior features: Outdoor Shower
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Frontage length: 50
Lot
- Size: 9,600 Square Feet
- Dimensions: 50 x 192 irr
- Features: Island, Wooded
Details
- Parcel number: 0300034000000020
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Security: Smoke Detector(s), Security System, Fire Alarm
Location
- Region: Cape May Point
Financial & listing details
- Price per square foot: $1,055/sqft
- Tax assessed value: $725,200
- Annual tax amount: $5,555
- Date on market: 7/22/2026
- Inclusions: Blinds
Estimated market value
$2,403,300
$2.28M - $2.52M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $2,499,000+19.9%$1,055/sqft |
Source: | ||
| 9/15/2023 | Sold | $2,085,000-5%$880/sqft |
Source: | ||
| 8/19/2023 | Contingent | $2,195,000$927/sqft |
Source: | ||
| 4/25/2023 | Listed for sale | $2,195,000+237.7%$927/sqft |
Source: | ||
| 2/3/2015 | Sold | $650,000-10.3%$274/sqft |
Source: Public Record Report a problem | ||
| 11/9/2014 | Listed for sale | $725,000$306/sqft |
Source: POINT PROPERTIES REALTY LLC #161004 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,366 | $725,200 |
| 2024 | $5,366 +2.6% | $725,200 +1.1% |
| 2023 | $5,231 +12.7% | $717,600 |
| 2022 | $4,643 +4% | $717,600 |
| 2021 | $4,463 +1.3% | $717,600 |
| 2020 | $4,406 +3.7% | $717,600 |
| 2019 | $4,248 +1% | $717,600 |
| 2018 | $4,205 +2.1% | $717,600 |
| 2017 | $4,119 +1.4% | $717,600 |
| 2016 | $4,062 | $717,600 -12% |
| 2015 | $4,062 -2.2% | $815,600 |
| 2014 | $4,151 +4.7% | $815,600 |
| 2012 | $3,964 +4.7% | $815,600 |
| 2011 | $3,784 -0.2% | $815,600 |
| 2010 | $3,793 +1.2% | $815,600 |
| 2009 | $3,748 +4.1% | $815,600 +72.1% |
| 2008 | $3,601 +1.3% | $473,800 |
| 2007 | $3,554 | $473,800 |
| 2006 | -- | $473,800 |
| 2005 | -- | $473,800 |
| 2004 | $3,317 | $473,800 |
| 2003 | -- | $473,800 |
| 2002 | -- | $473,800 +63.3% |
| 2001 | -- | $290,100 |
Find assessor info on the county website
Monthly payment
Est. payment





