CRAIG
STEFANONI
609-432-1104
New Listing
LOVELADIES - SPECTACULAR OCEANFRONT
$ 10,000,000
This spectacular oceanfront tract , located in the most prestigious section of Loveladies , sits on 2.2 acres of oceanfront with 125 feet of ocean frontage . This sequestered , one-of-a-kind building envelope extends 370 feet from the street to the building line , with unobstructed views up and down Loveladies and Harvey Cedars entire shoreline . Rarely does an opportunity like this come along in the most open and expansive section of Loveladies . Unlike almost any other tract , this property affords 360-degree water views , from ocean to bay , sunrise to sunset . The ability to own an entire tract with ocean and bay views may never present itself again . CAFRA approval has been obtained for a 10,500-squarefoot new oceanfront home , where the vision is endless and the sky is the limit . There is nothing to compare to this one-of-a-kind site , with the potential to build a custom compound . With so few tracts left and none with 360-degree water views , this property is sure to impress the most discerning of buyers . The opportunity for a grand estate is glorious and simply does not exist in equal measure anywhere on the south end of Loveladies . Musgnug & Associates , a full-service custom architecture firm with over 30 years of experience designing homes on LBI , has been hired by the owner to further his vision of a spectacular , one-of-a-kind , custom-built modern home with only the finest finishes in mind . The property can be available with full construction drawings . Meanwhile , the existing 4500 +/ - square foot , 7 bedroom home is updated with a new kitchen and baths . It sits 320 ’ feet back from the boulevard , perched high on a natural dune , with spectacular views up and down the beach . Every room in the current house offers ocean or bay views . Use the house “ as-is ,” or build what could be Loveladies ’ most spectacular oceanfront estate and property yet . For those seeking a fantastic investment proposition or 1031 shelter , the property yields potential gross rent of nearly $ 400,000 per year and has a dependable high-end rental history with repeat tenants . The location of this full-tract home offers total privacy , amid several other single-home , full-tract properties . Yet the location also offers unique convenience , with Harvey Cedars lifeguards , restaurants , coffee shops , and eateries just blocks away .
Craig and Sharon Stefanoni
2900 Long Beach Boulevard , Beach Haven Gardens , NJ 08008 • 800-633-1146
( 609 ) 432-1104 ( direct ) cstefanoni @ zackshore . com www . lbicraig . com
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