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Prime Avalon Luxury Retreat - A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ"”a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end finishes, designer details, and multiple master suites, making it ideal for personal use or as a high-performing short-term luxury rental. This property is already operating as a top-tier short-term luxury rental, with strong bookings in place for multiple seasons, offering a rare opportunity for immediate cash flow. For qualified buyers, the seller is open to transferring ownership via the LLC that holds the property, which may offer potentially significant savings at closing (consult with your tax advisor). Additionally, the seller is willing to offer owner financing and is open to remaining involved in property management, ensuring a seamless transition for investors looking to maximize returns. Designed for both entertaining and relaxation, the home features a gourmet chef's kitchen with Bosch stainless steel appliances, quartz countertops, and an oversized island. Expansive outdoor spaces include multiple decks, a heated pool with hot tub conversion, and a full outdoor kitchen with a built-in grill, sink, and seating area. A unique poolside garage, accessible from both ends, functions as a poolside cabana with seating, a TV, and a mini fridge while also providing ample storage for all of your beach and pool equipment. The home is being sold fully furnished with all professional designer-selected furnishings, allowing for a truly turnkey experience. To ensure years of worry-free enjoyment, the home is equipped with dual-zone HVAC and newer mechanical systems, including a tankless hot water heater and HVAC on the main floor replaced in 2023, a new coil and condenser on the upstairs furnace replaced in 2021, and a hot water heater on the third floor replaced in 2020. Located just steps from Avalon's best beaches, dining, and entertainment, this property offers the perfect combination of coastal luxury and investment potential. Whether you're looking for a smart investment, a private coastal retreat, or a blend of both, this Avalon gem delivers exceptional value and versatility. Schedule your private tour today and experience the Avalon lifestyle for yourself!
Property Type(s):
Single Family
| Last Updated | 3/7/2025 | Tract | NONE |
|---|---|---|---|
| Year Built | 2005 | Community | Avalon Boro (20501) |
| Garage Spaces | 1.0 | County | CAPE MAY |
SCHOOLS
| School District | AVALON PUBLIC SCHOOLS |
|---|
Price History
| Prior to Mar 7, '25 | $4,199,999 |
|---|---|
| Mar 7, '25 - Today | $4,175,000 |
Additional Details
| AIR | Central Air, Electric, Multi Units, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Heater |
| AREA | Avalon Boro (20501) |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Barbecue, Other, Rain Gutters |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Bar, Kitchen Island, Open Floorplan, Pantry |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 60.00 x 84.00 |
| PARKING | Garage Door Opener, Concrete, On Street, Private, Garage, Driveway, Detached |
| POOL | Yes |
| POOL DESCRIPTION | Heated, In Ground, Pool/Spa Combo, Private |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Contemporary, Traditional |
| SUBDIVISION | NONE |
| TAXES | 11529 |
| UTILITIES | Cable Available, Natural Gas Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
Location
Listing provided by VRA Realty
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 3/14/25 5:51 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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