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For sale
  • $2,499,000

    507 E Lake Dr, Cape May Point, NJ 08212

    4beds
    2,368sqft
    : 
    $13,792/mo
    Get pre-qualified
    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
    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.
    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#: 261972MLS Logo

      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

        DateEventPrice
        7/22/2026Listed for sale$2,499,000+19.9%$1,055/sqft
        Source: CMCAOR #261972 Report a problem
        9/15/2023Sold$2,085,000-5%$880/sqft
        Source: CMCAOR #231059 Report a problem
        8/19/2023Contingent$2,195,000$927/sqft
        Source: CMCAOR #231059 Report a problem
        4/25/2023Listed for sale$2,195,000+237.7%$927/sqft
        Source: CMCAOR #231059 Report a problem
        2/3/2015Sold$650,000-10.3%$274/sqft
        Source: Public Record Report a problem
        11/9/2014Listed for sale$725,000$306/sqft
        Source: POINT PROPERTIES REALTY LLC #161004 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08212

        Getting around

        21 / 100
        Car-Dependent
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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