507 E Lake Drive Cape May Point, NJ $ 2,499,000
507 E Lake Drive
$ 2,499,000
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507 E Lake Drive

Cape May Point, NJ, 08212
$ 2,499,000
Bedrooms4 Baths2.1 Sq 2,368

Monthly Estimate*

$ 15,779

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Single Family Home for sale in Cape May Point, NJ

for $2,499,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,368 square foot home was built in 1992.

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.

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Single Family Active

Price

$ 2,499,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,555

Style

Three Story

Year Built

1992

Town/City

Cape May Point

County/Region

Cape May

MLS | Web ID

261972

Features
Interior
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
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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
Tax Year 2026
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Island Wooded Lot Water View
City Cape May Point
Taxes 5555.03
DOM 7
Price Per Sq Ft Total AG 1055.32
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Exterior
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
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* Excluded Features
List By
Annie Mullock

Listing Agent

Tim Kerr Sotheby's International Realty

Broker

anniemullock1@gmail.com

Email

Affordability Calculator

$16,242
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,779
Monthly Property Taxes
$463
Monthly Home Insurance
--
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.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$2,499,000 Listed Price

Map


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507 E Lake Drive, Cape May Point, NJ, 08212 is a Single Family Home for sale at $2,499,000 with 2,368 sqft. 507 E Lake Drive has 4 bedrooms, 2.1 baths, and was built in 1992. The property's zip code is 08212 which is in Cape May Point, NJ