123 S Lake Drive Lakewood, NJ $ 1,500,000
123 S Lake Drive
$ 1,500,000
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123 S Lake Drive

Lakewood, NJ, 08701
$ 1,500,000
Bedrooms6 Baths6.1

Monthly Estimate*

$ 10,360

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Single Family Home for sale in Lakewood, NJ

for $1,500,000 with 6 bedrooms and 6 full baths, 1 half bath. This home was built in 2005 on a lot size of 0.34.

Rare opportunity on South Lake Drive — a grand Mediterranean-style residence set for a transformative restoration overlooking the lake. Designed at nearly 6,000 square feet of living space across multiple levels, this home was planned as a true estate: a dramatic circular foyer with sweeping staircase, expansive living and dining with curved glass opening to a terrace, chef's kitchen with island and dinette, study, den, oversized playroom, mudroom, and a two-car garage. Upstairs, a primary suite with curved window wall, private balcony, walk-in closet, and spa bath anchors four bedrooms, with two additional bedrooms and baths on the attic level — six bedrooms in all, plus multiple balconies capturing the light and lake setting. The architectural bones are already here: clay-tile rooflines, arched openings, and a commanding lakeside presence on a ~15,500 sq ft lot. Bring your vision. Whether you finish to the original plans or reimagine the interior, the location, scale, and character are unmatched. Investor, builder, or end-user ready for a signature Lakewood lakefront project. Possible subdivision into a two-family home; reach out for more information.

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Single Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

6

Half Bath

1

Property Type

Single Family

Taxes

$ 9,303

Style

Mediterranean

Lot Size

0.34

Year Built

2005

Town/City

Lakewood

County/Region

Ocean

MLS | Web ID

22632151

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Other
Roof Other
Garage Spaces 2.0
Patio/Porch Features Porch - Open
Architectural Style Mediterranean
Year Built 2005
View Waterview
Stories Count 3
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front
County Ocean
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name None
Garage Y/N Y
Total Rooms 0
Full Baths 6
Status Active
Directions Madison Ave to Central Ave. Right on S lake Drive
City Lakewood
Senior Community Y/N N
Zoning Description Single Family
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 14810.4
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9303.0
Home Warranty Y/N N
Middle/Junior High School Lakewood
Lease Renewal Y/N N
MLS Area Minor Lakewood (LKW)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 359600
Water Body Access Y/N None
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Exterior
Exterior Amenities Balcony
Water Source Public
Lot Size Area 0.34
Foundation Details Slab
Spa N
Lot Dimensions 100 x 147
Lot Size Acres 0.34
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Half Baths 1
Total Bedrooms 6
Total Baths 7
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Joel Friedman

Listing Agent

Toma Real Estate

Broker

jfriedman@tomanj.com

Email

Affordability Calculator

$11,135
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
742343 Elementary School
1148138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2026$1,500,000 Listed Price

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123 S Lake Drive, Lakewood, NJ, 08701 is a Single Family Home for sale at $1,500,000 with a lot size of 0.34. 123 S Lake Drive has 6 bedrooms, 6.1 baths, and was built in 2005. The property's zip code is 08701 which is in Lakewood, NJ