2 Pharo Lane

Cape May, NJ 08204

$3,890,000
Price
4
Beds
2
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 2 Pharo, a 4-story, single family property, iconic to Cape May's Marina District and the surrounding waterfront enclave known as Spicers Creek. This unique property offers the opportunity to enjoy water views from each floor, spanning North, South, East and West, from sunrise to sunset. Planning by Fenwick Architects with steel posts and beams, brick and cedar shake exterior, executed and customized by WKR Builders, this property is built to withstand the test of time. It is a residential...Welcome to 2 Pharo, a 4-story, single family property, iconic to Cape May's Marina District and the surrounding waterfront enclave known as Spicers Creek. This unique property offers the opportunity to enjoy water views from each floor, spanning North, South, East and West, from sunrise to sunset. Planning by Fenwick Architects with steel posts and beams, brick and cedar shake exterior, executed and customized by WKR Builders, this property is built to withstand the test of time. It is a residential machine with 4 stories, 4 bedrooms (with a lofted area for a potential 5th), 2 full bathrooms and 2 lavatories, multiple decks for your outdoor enjoyment, an attached garage, an elevator accessible to all 4 stories, remarkable interior design with an effortless, yet elevated, comfortable and refined style. Entering the front door there is a tumbled marble foyer that follows into the hallway to a half bathroom or to the rear of the property which is the entertainment room, home to the customized bar and lounge area with Anderson doors and windows that open to the brick patio for full views of the waterfront facing south. The garage is also attached on this 1st floor level with plenty of storage, a commercial grade ice machine and additional refrigerator/freezer. The 2nd floor is where you will find the breathtaking primary bedroom complete with separate walk-in closets, an ensuite bathroom with 2 stationary vanities, a massive walk-in shower and 9-foot ceilings that offer views facing South, East and West. There are 3 additional guest bedrooms on this floor, a full guest bathroom in the hallway and a separate laundry room. The 3rd level is absolutely magnificent with stunning waterfront views that are abundant facing North, South, East and West. The cathedral ceiling peaks over the living room with a gas fireplace and the adjacent dining area for a table to seat 10 guests, or more, comfortably. There are 4 sets of Andersen French doors that open entirely to the covered porch facing south, with an unforgettable sunset showcase for you to enjoy every day. The kitchen displays a modern aesthetic with clean lines and large windows on the east and west facade. There is a covered porch off of the kitchen facing north and west to Schellenger'sLanding. The 4th floor is your lofted living room, additional living space that opens to the 4th floor deck with even more unforgettable views, overlooking the surrounding Cape May Marina District, from Schellenger's Landing to the Harbor. Spicers Creek at Cape May Marina is home to The Paddle Club, for an additional fee, this private club offers two saltwater pools, one of which is heated, plenty of outdoor entertaining space with a bar and grille area. For the boater, a slip accompanying a vessel up to 70 feet is available for additional fees as well. There is an HOA fee of $321/QTR for common area maintenance. 2 Pharo is unparalleled in construction, with thoughtful design, discerning engineeringand energy efficient mechanics. This is a most unique property with an exclusive sunset view that is unrivaled to Cape May. 2 Pharo is beingconveyed fully furnished, less personal items, and is shown by appointment only.
  1. Listed by COLLEEN WHITE • DESATNICK REAL ESTATE, LLC

Property Details for 2 Pharo Lane

City/Community
Cape May
Class
RESIDENTIAL
Parking - Exterior
See Remarks, Three or More Cars
Waterfront (Y/N)
Yes

Location

Listing Courtesy of DESATNICK REAL ESTATE, LLC
Add your commute
LISTING UPDATED: 05/17/2024 10:15 AM

Property Details for 2 Pharo Lane

StatusActive
MLS #584108
Days on Market177
Taxes$9,168 / year
HOA Fees$321 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built2016
Lot Size0.04 AC / 1,891 SF
CountyCape May County

Location

Listing Courtesy of DESATNICK REAL ESTATE, LLC
Add your commute

Virtual Tour

Building Information for 2 Pharo Lane

Stories-Year Built2016Building Size-Lot Size0.04 AC / 1,891 SF

Payment Calculator

$22,100 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,229

Property Taxes

$764

HOA Dues

$107

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Pharo Lane

Summary
Location and General Information
  • Address: 2 Pharo Ln
  • Address Number: 2
  • Address Search Number: 2
  • Address Street: Pharo Ln
  • Area: Cape May City
  • County: Cape May
  • Directions: Garden State Parkway South to Exit 0 to Spicers Creek at Cape May Marina and Paddle Club
  • Fips Code: 34009
  • House Color: Cedar Shake
  • Location: Docks, Marina, See Remarks, Water View
  • State: NJ
  • Style: 3 Story
  • Zip: 08204
Parking
  • Garage: Attached Garage, Auto Door Opener, See Remarks
Taxes and HOA Information
  • Ho Assoc Fee Frequency: Quarterly
  • Homeowners Assoc Fee: $321
  • LVT Date: 04-12-2024
  • Tax Year: 2022
  • Taxes: 9168
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 1061.04
  • Lot #: 1
  • Lot Dimensions: 31x61
  • Lot Size: Less than One Acre
Property and Assessments
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs, See Remarks, Shades
  • Associated Document Count: 0
  • Total Assessment: 888400
  • Water: Public
  • Year Built: 2016
  • Adult Community/55+: No
Utilities
  • Full Baths: 2
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Deck, Patio, Sidewalks
  • Siding/Exterior: Brick, Cedar, Concrete, Masonry/Block, Shingle, Wood
Interior Features
  • Air Conditioning: Central, Multi-Zoned
  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Slab, Tile
  • Half Baths: 2
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Interior Features: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Other Rooms: Den/TV Room, Dining Room, Great Room, Laundry/Utility Room, Loft
  • Rooms: 12
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 2 Pharo Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2 Pharo Lane

Taxable ValueLand$327,400Additions$560,700Total$888,100
Tax Record2022$9,168 ($764 / month)
Home Facts
Beds0Total Finished SqFt2,940 SqFtAbove Grade Finished SqFt2,940 SqFtLot Size1,891 SqFtStyleSingle Family ResidenceYear Built2016ZoningC-6CountyCAPE MAYAPN02 01061- 04-00001

Schools near 2 Pharo Lane

This home is within Lower Cape May Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Cape May City Elementary School
PublicPK to 6

Richard M Teitelman School
Public7 to 8

Lower Cape May Reg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2 Pharo Lane is a single family home for sale in Cape May, NJ 08204. This property was listed for sale on November 22, 2023 by DESATNICK REAL ESTATE, LLC, it's currently listed at $3,890,000. This listing's school districts are Lower Cape May Regional School District, Cape May City Board Of Education School District. Nearby schools include Cape May City Elementary School, Richard M Teitelman School and Lower Cape May Reg High School. 2 Pharo Lane is a 4-bed, 3-bath, single family home built in 2016.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of DESATNICK REAL ESTATE, LLC

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.