MLS (capemay) #166507 - - $2,500,000.00

641 Sunset

CAPE MAY, NJ 08204

Other - 9 Bedrooms / 6.2 Baths

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641 Sunset, CAPE MAY - Other - Here is your Cape Island Estate! This is a rare chance to own a large parcel on the island in Cold Spring, south of the canal next to West Cape May and so near the beautiful beaches of Cape May Point. This 6.86 acre property comprises three separate parcels and includes TWO houses (one house on 5 acres and one house on just under one acre), an 80x80 horse barn with 16 stalls, 90x150 riding arena, a 4 bay detached garage, pasture land, and an extra one acre buildable lot. Wow! There are so many different possibilities for using this property. Enjoy having your own private horse estate in a bucolic setting and bike to the beach, wineries, farms, nature trails, lighthouse, state park, & downtown Cape May. This is currently an income producing property. Rental income is earned from vacation rentals at one house and from the barn & pasture rental to a local carriage company. Add to the income by renting out the main house, the riding arena, and the 4 bay detached garage. Grow your own produce to sell. Build another house on the already subdivided one acre lot to rent or sell. One house was built in 2005 and is approximately 3400 sq ft with 5 bedrooms, 3.5 baths, full basement, and attached 2 car garage. Second house is approximately 2000 sq ft with 4 bedrooms, and 3 baths. Seller keeps the property well maintained with many improvements. The land behind this parcel is preserved and owned by NJ Fish and Wildlife.

Here is your Cape Island Estate! This is a rare chance to own a large parcel on the island in Cold Spring, south of the canal next to West Cape May and so near the beautiful beaches of Cape May Point. This 6.86 acre property comprises three separate parcels and includes TWO houses (one house on 5 acres and one house on just under one acre), an 80x80 horse barn with 16 stalls, 90x150 riding arena, a 4 bay detached garage, pasture land, and an extra one acre buildable lot. Wow! There are so many different possibilities for using this property. Enjoy having your own private horse estate in a bucolic setting and bike to the beach, wineries, farms, nature trails, lighthouse, state park, & downtown Cape May. This is currently an income producing property. Rental income is earned from vacation rentals at one house and from the barn & pasture rental to a local carriage company. Add to the income by renting out the main house, the riding arena, and the 4 bay detached garage. Grow your own produce to sell. Build another house on the already subdivided one acre lot to rent or sell. One house was built in 2005 and is approximately 3400 sq ft with 5 bedrooms, 3.5 baths, full basement, and attached 2 car garage. Second house is approximately 2000 sq ft with 4 bedrooms, and 3 baths. Seller keeps the property well maintained with many improvements. The land behind this parcel is preserved and owned by NJ Fish and Wildlife.

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Listing Courtesy of
LONG & FOSTER REAL ESTATE, INC cm
(Taylor, Starr)

This listing has been on this site for 3349 days.

641-Sunset-CAPE-MAY-NJ-Other-166507

641 Sunset, CAPE MAY - Other - $2,500,000

CAPE MAY Real Estate for Sale

CAPE MAY Other

CAPE MAY NJ

Other

Please Contact:

Jamie Sofroney, Broker Associate
The Landis Company
6000 Landis Avenue
Sea Isle City, NJ 08243
(609)-425-5555
(609) 263-3400
Email Me!