1506 Velvento

Cape May, NJ 08204

$3,995,000
Price
4
Beds
4
Baths
3,752 Sq. Ft.
$1,065 / Sq. Ft.
3,752
Sq. Ft.
$1,065
per Sq. Ft.

Description

Luxury New Construction in the coveted and newest subdivision of Cape May known as Highland Beach. This new community consisting of 15 parcels boasts a commitment to quality, exclusivity, and high-end coastal lifestyle. The new subdivision is desirably located on the East End of Cape May in close proximity to Poverty Beach, the Cape May Beach Club, and only 2 short blocks to beachfront entrances. This 3,700+ square foot, stately new construction home has been designed by the renowned group DAS Architects...Luxury New Construction in the coveted and newest subdivision of Cape May known as Highland Beach. This new community consisting of 15 parcels boasts a commitment to quality, exclusivity, and high-end coastal lifestyle. The new subdivision is desirably located on the East End of Cape May in close proximity to Poverty Beach, the Cape May Beach Club, and only 2 short blocks to beachfront entrances. This 3,700+ square foot, stately new construction home has been designed by the renowned group DAS Architects with implementation by luxury homebuilder D. L. Miner. Boasting 3 levels of living space with 4 bedrooms, 4.5 baths and tasteful selections throughout, the home offers an amenity rich layout complete with a residential elevator. Utilizing a reverse floor plan, the home has been designed to take full advantage of the coastal elements of Cape May and its beautiful natural surroundings. At the ground level you will be met with the “Cape May essential” covered front porch entrance leading to the entry foyer. This floor features 3 bedrooms complete with private, en-suite bathrooms and ample closet space. Additionally, this floor boasts accessibility to the attached single car garage, side entry, elevator access, separate large laundry, and separately zoned air conditioning and heating. Ascending to the second floor, a grandiose open concept living area offers a truly prestigious experience. Elevator doors open to be greeted with hardwood flooring throughout and views of the gourmet kitchen complete with high-end materials and appliances for even the most selective of home chefs. The living room boasts a large space for gathering and a gas fireplace. Additionally, allow your guests room to roam with dedicated space for dining and separate den complete with wet bar and beverage refrigerator for additional entertaining space. The second floor living area level also features two porches, an open-air wrap-around porch overlooking the prestigious community and a second fully screened-in porch that is ocean-side facing for enjoying the sounds and smells of the relaxing sea breezes. Separately zoned heating and air conditioning and a powder room round out this beautifully designed space. The entire third level consists of the primary suite, featuring full elevator access to all levels of the home, a palatial en-suite bathroom with superb attention to detail and materials, his and hers walk-in closets, separately zoned air conditioning and heating, and a private third level deck fit for those with the most discerning of tastes. A full list of specifications will be forthcoming; the attention to detail throughout the home, including exterior finishes and landscaping materials will be of the utmost quality consistent with standards of this high-end and exclusive community. Estimated completion of construction is January 2024.
  1. Listed by Vasiliki Andy • deSatnick Real Estate LLC - Cape May

Property Details for 1506 Velvento

MLS #
231136
DOM
367
Approx Year Built
2023
Class
RESIDENTIAL
Seasonal
Year Round Use
Location
Island, Water View
Sale/Rent
For Sale
Type
Single Family

Location

Listing Courtesy of deSatnick Real Estate LLC - Cape May
LISTING UPDATED: 04/20/2024 09:54 PM

Property Details for 1506 Velvento

StatusActive
MLS #231136
Days on Market367
Taxes$9,067 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built2023
Lot Size0.22 AC / 9,630 SF
CountyCape May County

Location

Listing Courtesy of deSatnick Real Estate LLC - Cape May

Virtual Tour

Building Information for 1506 Velvento

Stories-Year Built2023Building Size-Lot Size0.22 AC / 9,630 SF

Payment Calculator

$22,558 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,802

Property Taxes

$756

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1506 Velvento

Summary
Location and General Information
  • Area: Cape May
  • Address Number: 1506
  • District - Township: 02-Cape May City
  • Near: Beaches
  • Address Search Number: 1506.0
  • Address Street: Velvento
  • City: Cape May
  • Street Designation: Avenue
  • Beach Proximity: 2 Blocks
  • Address: 1506 Velvento Avenue
  • Status: ACTIVE
  • Zoned: Res
  • State: NJ
  • Zip: 08204
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $9,067.00
  • Tax Year: 2022
Parking
  • Parking/garage: Garage, Parking Pad, 1 Car, Attached, Auto Door Opener
Virtual Tour
Property
Lot Information
  • Approx Living Sq Ft: 3752.0
  • Construction: Upside Down, Three Story, See Remarks
  • Lot Size: 90 x 107
  • New Construction Y/N: Yes
  • Possession: Closing
  • Frontage: 90.0
  • Lot Number: 1.04
  • Block Number: 1176.02
Property and Assessments
  • May B Sub to 3rd pty Appr: Yes
Utilities
  • Heating: Gas Natural, Electric, Forced Air, Multi-Zoned
  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Hot water: Gas- Natural, On Demand
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Attic
  • Interior features: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring, Fireplace - Electric, Kitchen Island, Beverage Refrigerator
  • Total Rooms: 9
  • Total Baths: 4.1
  • Full Baths: 4
  • Bedrooms: 4
  • Lavs: 1.0
  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
Exterior Features
  • EXTERIOR: Block, Brick, Shingle, Vinyl, Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Screened Porch, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Property History for 1506 Velvento

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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1506 Velvento is a single family home for sale in Cape May, NJ 08204. This property was listed for sale on April 28, 2023 by deSatnick Real Estate LLC - Cape May, it's currently listed at $3,995,000. 1506 Velvento is a 4-bed, 4-bath, 3,752 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of deSatnick Real Estate LLC - Cape May

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.