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 Meyer’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, 23 boat 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.

3 office commercial spaces with 3 bedrooms 2 baths 2nd and 3rd-floor rental space. Buy as commercial space, or the owner will apply for a change of use for fully residential. High visibility and fantastic views. It is located across from the water and surrounded by a desirable and expanding marina district. The building is free-standing but part of a two-building association. The three offices, reception area, powder room, and recreation space are rented month to month. The 3-bedroom, 2-bath area has a fantastic rental history. Use as it is or use the space to meet your needs. There are seven parking spots. The property offers flexibility. Use the apartment or office space and rent the other half or combine for singular use. Over the Cape May bridge with full access to the island. Take a look today!

Welcome to 2 Pharo, a 4-story, single family property, iconic to Cape May\'s Marina District and the surrounding waterfront enclave known as Spicers Creek. This unique property offers the opportunity to enjoy water views from each floor, spanning North, South, East and West, from sunrise to sunset. Planning by Fenwick Architects with steel posts and beams, brick and cedar shake exterior, executed and customized by WKR Builders, this property is built to withstand the test of time. It is a residential machine with 4 stories, 4 bedrooms (with a lofted area for a potential 5th), 2 full bathrooms and 2 lavatories, multiple decks for your outdoor enjoyment, an attached garage, an elevator accessible to all 4 stories, remarkable interior design with an effortless, yet elevated, comfortable and refined style. Entering the front door there is a tumbled marble foyer that follows into the hallway to a half bathroom or to the rear of the property which is the entertainment room, home to the customized bar and lounge area with Anderson doors and windows that open to the brick patio for full views of the waterfront facing south. The garage is also attached on this 1st floor level with plenty of storage, a commercial grade ice machine and additional refrigerator/freezer. The 2nd floor is where you will find the breathtaking primary bedroom complete with separate walk-in closets, an ensuite bathroom with 2 stationary vanities, a massive walk-in shower and 9-foot ceilings that offer views facing South, East and West. There are 3 additional guest bedrooms on this floor, a full guest bathroom in the hallway and a separate laundry room. The 3rd level is absolutely magnificent with stunning waterfront views that are abundant facing North, South, East and West. The cathedral ceiling peaks over the living room with a gas fireplace and the adjacent dining area for a table to seat 10 guests, or more, comfortably. There are 4 sets of Andersen French doors that open entirely to the covered porch facing south, with an unforgettable sunset showcase for you to enjoy every day. The kitchen displays a modern aesthetic with clean lines and large windows on the east and west facade. There is a covered porch off of the kitchen facing north and west to Schellenger\'s Landing. The 4th floor is your lofted living room, additional living space that opens to the 4th floor deck with even more unforgettable views, overlooking the surrounding Cape May Marina District, from Schellenger\'s Landing to the Harbor. Spicers Creek at Cape May Marina is home to The Paddle Club, for an additional fee, this private club offers two saltwater pools, one of which is heated, plenty of outdoor entertaining space with a bar and grille area. For the boater, a slip accompanying a vessel up to 70 feet is available for additional fees as well. There is a HOA fee of $225/QTR for common area maintenance. 2 Pharo is unparalleled in construction, with thoughtful design, discerning engineering and energy efficient mechanics. This is a most unique property with an exclusive sunset view that is unrivaled to Cape May. 2 Pharo is being conveyed fully furnished, less personal items, and is shown by appointment only.