About This Home

This 4-bedroom, 3-bathroom single family at 507 E Lake Drive in Cape May Point, NJ is listed for $2,499,000 ($1,055 per sqft). Built in 1992, the home offers 2,368 sqft of living space on a N/A lot.

Key Features

  • Built in 1992
  • 3 stories
  • Fireplace

Property Details

3 stories
2 full, 1 half
1992

Amenities

FireplaceA/C
Listing Description

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.

Monthly Cost Estimate

$13,365/mo

20% down · 6.5% · 30 years

Principal$1,807
Interest$10,829
Insurance$729

Estimates only. Actual payments may vary.

Location

507 E Lake Drive

Cape May Point, NJ 08212

Features & Amenities

Interior Features

Wood FlooringSecurity SystemSmoke/Fire AlarmFireplace- WoodTile Flooring

Exterior Features

DeckScreened PorchOutside Shower

Property Details

Outdoor Features

PorchDeck

Parking

Driveway

Heating

Electric (Heating)

Cooling

Central Air

Appliances

RangeOvenMicrowave OvenRefrigeratorWasherDryerDishwasherSmoke/Fire DetectorStove Electric

Questions & Answers

This 4-bedroom, 3-bathroom single family at 507 E Lake Drive is listed at $2,499,000 ($1,055/sqft). The estimated monthly payment is $13,365 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1992, 3 stories, Fireplace. Interior Features: Wood Flooring, Security System, Smoke/Fire Alarm. Exterior Features: Deck, Screened Porch, Outside Shower.

This property is listed by Annie Mullock.

AM

Annie Mullock

Agent at Tim Kerr's Power Play Realty

Listed by Tim Kerr's Power Play Realty · Broker phone: (609) 967-7950 · View on Broker Site · Broker website

MLS# 261972· Source: Cape May County Association of Realtors· 98 days on PropertySimple

Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 E Lake Drive, Cape May Point, NJ 08212

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