Scot Jones

507 E Lake Drive

Cape May Point, NJ
$ 2,499,000 Beds 4 Baths 2.5 Sq 2,368
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 2,499,000
  • City
  • Cape May Point
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • CAPE MAY
  • Half Bathrooms
  • 1
  • Area
  • Cape May Point
  • Lot Size
  • Zip
  • 08212
  • Sqr Footage
  • 2,368
  • Year Built
  • 1992
  • Taxes
  • $ 5555
  • Style
  • Three Story
  • MLS#
  • 261972
Listed By: Tim Kerr Sotheby's International Realty
Data Source: Cape May County MLS (CMCAR)

Features

General

Heating Electric
Cooling Central Air Condition
Water City
Sewer City
Construction Three Story
Full Baths 2
Year Built 1992
Other Rooms Living Room,Kitchen,Dining Area,Library/Study,1st Floor Primary Bedroom,Laundry Closet
County Cape May
Class RESIDENTIAL
Type Single Family
Lot Number 20
Tax Year 2026
New Construction Y/N No
Associated Document Count 2
Status ACTIVE
Sale/Rent For Sale
Bank Owned No
Location Island,Wooded Lot,Water View
City Cape May Point
Taxes 5555.03
DOM 50
Price Per Sq Ft Total AG 1055.32

Interior Features

Interior Amenities Wood Flooring,Security System,Smoke/Fire Alarm,Fireplace- Wood,Tile Flooring
Basement Crawl Space
Beds 4
Total Baths 2.1
Appliances Included Range,Oven,Microwave Oven,Refrigerator,Washer,Dryer,Dishwasher,Smoke/Fire Detector,Stove Electric
Hot Water Electric
Total Rooms 6

Exterior Features

Exterior Amenities Deck,Screened Porch,Outside Shower
Frontage 50
Parking/Garage 3 Car,Gravel Driveway
Lot Dimensions 50x192 irr
Lot Size 1 to 6000 SqFt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/22/2026 Listed $2,499,000

Property vs Zip Code Average in 08212

Price
AVG $2.4M
$2.5M
Taxes
AVG $5,502
$5,555
Year Built
AVG 1992
1992
Visits
AVG 86
15
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

507 E Lake Drive Cape May Point, NJ is a Single Family Home for sale at $2499000 with 2368 sqft and a lot size of Acre(s). 507 E Lake Drive Cape May Point has 4 bedrooms, 2 baths and was built in 1992. The property's zip code is 08212 which is in Cape May Point, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Scot Jones

Scot Jones

Broker Associate

609-408-0400

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