The Compass House in Loveladies

35 Lighthouse Way, Loveladies NJ

Quick Summary

MLS#:
NJOC2019970
Address:
 35 Lighthouse Way
Town:
 Loveladies, NJ
Price:
 $2,799,000
Location:
 Lagoonfront
Beds:
 4
Baths:
 2 Full 1 Half
Listed By:
 Joy Luedtke Real Estate

Property Description

Looking to navigate the sea and stars this spring? Like the compass, this unique property points to views north, east, south, and west. Take advantage of the 10,759 sq. ft. lot—design and build up to a 5250 sq. ft. home with south-facing waterfrontage situated along the Lighthouse Way peninsula. Property is one of the best “la-bay” settings in existence, and with a 34 ft. height allowance on new construction, your bay and lagoon views will be sweeping! A roof deck will afford views of the Atlantic.

Paddle board to the sedges just northwest of the property and enjoy morning coffee as you meditate and watch the herons fish along the banks. Convenient proximity to Robbie’s Private Marina for all of your boating needs. Ocean access directly across the street with tennis court and parking. Stroll or bike to Barnegat Light for all of your market, dining, and shopping needs. This oversized property offers copious pool and patio space in a divine south-facing setting.

Excellent opportunity to 1031 into an investment property here on LBI with Gross Rental Income 133K for the summer 2023. Repeat tenancies should you choose to rent after your purchase.

Property sold AS-IS.

Property Features

  • 10,759 Lot Sq. Foot
  • Incredible unobstructed bay views
  • Deep water floating dock
  • Southern exposure
  • Ocean access and tennis up street

Map