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182 65th Street
Avalon, NJ 08202-1268
Christine R Corbo with Avalon, original listing - (888) 536-0216
$9,475,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
--
Property Description
Welcome to 182 65th Street, a stunning summer haven located a stone's throw from Avalon's premier south end beach. This remarkable home offers a harmonious blend of coastal ambience and tranquility, ideal for creating cherished family memories for generations to come . Completed in 2013, the sophisticated design and state-of-the-art features are as timeless as they are modern. Expertly crafted by architect Paul Kiss of OSK Architects and meticulously built by Brandywine Builders, this residence has been continuously updated and beautifully decorated with high-quality design features and bespoke materials reflecting superior craftsmanship in every detail. The decor captures a tranquil island-inspired vibe intertwined with refined finishes, all in pristine condition due to very light seasonal usage by owners. The three story home flows seamlessly with light hardwood floors guiding you from the ground to the top floor. Entering from the driveway, you will find a four-stop elevator, ensuring convenient transport for luggage and groceries, plus an electric car charging outlet. Alternatively, ascend the front steps to a mahogany wraparound deck where a grand custom entry door awaits. Entering the first floor, French doors lead into a spacious family room with wet bar and sliders that open onto the covered front deck. Down the hall, three generously sized bedrooms each equipped with ensuite bathrooms await, one enhanced by a decorative wall of opaque dune reeds and grasses evocative of a serene spa atmosphere. The two rear bedrooms offer sliders leading to the back porch which opens directly to the backyard pool area. The enclosed porch features motorized shutters for privacy and can be adjusted for open-air enjoyment. The full southern exposed pool is a standout feature complete with an ""endless pool fast lane,"" a power cover for seasonal use, and a removable child safety fence. Also on the first floor, a separate east side entrance leads into a full-size laundry room with side-by-side washer and dryer, ample storage closets and cabinetry. The second level showcases an impressive great room spanning the north and east sides of the home, complete with a wet bar, soaring cathedral ceiling, and gas fireplace with a unique wave inspired cove lighting fixture. The great room offers sliders onto the front wraparound open sundeck ideal for lounging and soaking in the breathtaking ocean views. The kitchen is designed for the culinary enthusiast, featuring premium cabinets, countertops, and appliances, including a custom built-in Sub-Zero refrigerator. A second enclosed porch off the rear of the kitchen provides additional space for outdoor dining and motorized shutters for added privacy and protection during the off-season. This level also includes a junior master suite with its own access to the rear porch, and a charming turreted sitting area with plantation-style ceiling opening onto the front wraparound beach view deck. The third level master suite is the crowning jewel of this home. Indulge in luxury with a full-sized ocean view gym featuring soundproof flooring, a private turreted room with deck for morning coffee to take in the ocean sunrise, and a lavish master bath equipped with a jetted tub and heated floors. This owner's retreat features an additional deck off the bedroom, a separate powder room, gas fireplace, a wet bar, a second stacked washer-dryer, and spacious walk-in closet. With countless exceptional features, 182 65th Street is a must-visit property that embodies a luxurious tropical essence within a captivating coastal environment. Offered furnished w exclusions.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
2013
MLS Number
--
Location
Address
182 65th Street
City
Avalon
State
NJ
Zip Code
08202-1268
County
CAPE MAY
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Christine R Corbo
Agency Phone
(888) 536-0216

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.