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$ 499,900
Est. payment | /mo
1 Bed
1 Bath
548 SqFt
$ 499,900
Est. payment | /mo
1 Bed
1 Bath
548 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 548 sqft
Price per Sqft $912
MLS Listing ID 253460
Bedrooms 1
Full Baths 1
Condo Fees $990/qua
Year Built 1870
Annual Tax Amount $2,112
Tax Year 2024
Property Sub-Type Condo
Property Description
Welcome to 1011 Lafayette Street, Unit 302 — a beautifully updated penthouse condo offering an exceptional opportunity for year-round living, a personal Cape May retreat, or a proven investment rental. Set in the charming and historic Joseph Leach House, this top-floor 1-bedroom, 1-bath residence delivers the perfect blend of modern convenience and coastal charm. It easily lives like a two-bedroom, with a high-quality Murphy bed in the living room for additional sleeping space. Step inside to a bright and inviting living area filled with natural light, hardwood flooring, and a comfortable layout ideal for relaxing or hosting guests. The well-appointed kitchen features updated appliances, ample cabinetry, and a dedicated dining space — perfect for everyday living or entertaining. The serene bedroom offers generous storage and a peaceful place to unwind after a day at the beach. Enjoy the timeless charm of the shared Victorian front porch, where guests and residents have relaxed for more than 155 years. The property sits on a rare 120' x 198' lot— spacious by Cape May standards — providing a sense of openness and historic grandeur. Owners are permitted pets, and Cape May's pet-friendly atmosphere makes it easy to enjoy the area with furry family members. From designated dog-friendly beach times and scenic walking paths to outdoor dining patios and welcoming local shops, this seaside town is wonderfully accommodating. Owners also enjoy access to convenient amenities including an outdoor shower, shared laundry facility, locked storage for beach gear, and a private outdoor shed perfect for safely storing bicycles. Prime location? Absolutely. You're just a short walk or bike ride to Cape May's renowned beaches, dining, shopping, and entertainment — plus easy access to the City's free shuttle service. With designated off-street parking, getting around is always stress-free. Let's talk dining for a minute! From the exquisite Washington Inn to Oyster Bay, to Elaine's to name only a few nearby. You will enjoy the food, the atmosphere, the wine & cocktails and yes, even the entertainment. All within a few blocks of home. Whether you're searching for a cozy full-time residence, a relaxing getaway destination, or a profitable rental investment, Unit 302 offers a rare opportunity to enjoy the very best of Cape May living. Don't miss your chance to make this coastal gem your own!
Location
State NJ
County Cape May
Area Cape May
Location Details Island
Interior
Hot Water Electric
Building
Lot Description Island
Story One
Unit Location Top Floor
Sewer City
Water City
New Construction No
Listed by RE/MAX SURFSIDE