For Sale 1505 Yacht Ave, Cape May, NJ, 08204

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May’s Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape May’s most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you’ll find some of Cape May’s most popular restaurants, including Lucky Bones, The Lobster House, and Mayer’s. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether you’re an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home or two with expansive decks, private docks, and direct access to Cape May’s premier boating waters—a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision: Highlights – Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 17- 23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.

Detached stand-alone building part of a 2-building condo association. It is located across from the water and surrounded by a desirable and expanding marina district. Currently, a mixed-use space with three offices, a reception area, a powder room, and a recreation space is rented month to month. The 3-bedroom, 2-bath area is rented for 2025. Use it all as residential or use the space to meet your needs. There are seven parking spots. With up to 5/6 bedrooms, the property offers flexibility. Use the apartment or office space and rent the other half, or combine as just a single family. Over the Cape May Bridge with full access to the island. $25,000 credit towards new roof and updates. Take a look today!

Welcome to this beautifully maintained Cape May residence, nestled on an oversized 75x125 ft. lot—offering room to breathe, entertain, and enjoy life by the shore all year long. This rare gem seamlessly blends timeless charm with modern comforts and a flexible layout ideal for a variety of lifestyles. The main home features 3 spacious bedrooms and 2.5 thoughtfully designed baths. At its heart is a stunning gourmet kitchen with double ovens, double sink, an additional bar sink, and a large center island—perfect for entertaining and effortless everyday living. The kitchen also offers a massive amount of cabinetry and storage, making it a chef’s dream come true. It opens to an oversized dining room and a bright, airy family room, creating a warm, open-concept space filled with natural light. The dining room is ideal for hosting large family gatherings or entertaining guests in style. Just off the family room, you’ll find a generous laundry room, a convenient half bath, and a beautiful all-seasons sunroom that opens to a rear deck overlooking the open backyard. The expansive green space is a rare find in Cape May—offering ample room for a future pool, outdoor entertaining, or simply enjoying the outdoors in privacy and comfort. The yard is fully enclosed with newer vinyl fencing, and a detached, climate-controlled cottage offers additional space ideal for a home office, artist studio, or poolside retreat. Two bedrooms and 1.5 baths are located on the main level, while the entire second floor is dedicated to a luxurious primary suite. Enjoy hardwood floors, a spacious walk-in closet, and a spa-like bath with a walk-in shower and soaking tub—your own private escape. An attached 2-bedroom, 1-bath apartment with a separate entrance and utilities offers incredible flexibility. Whether used for guests, extended family, or as a rental opportunity, this additional space enhances the home\'s year-round versatility and value. Additional Highlights Include: Newer roof Newer central heating and air conditioning All-new Andersen windows throughout Large front porch Outdoor shower Generous off-street parking Located just minutes from Cape May’s beaches, restaurants, and historic downtown, this property is bikeable to everything you love about the shore, yet privately tucked away on a rare, oversized lot. This move-in ready home is a true coastal haven—perfect for full-time living, vacationing, or hosting. Come see it for yourself and experience all that Cape May living has to offer.