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$4,950,000   Price Analysis
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202 Ocean St Ocean St Unit 206
Cape May, NJ 08204
13 bed 11 bath unknown SqFt ($0/SqFt)
7,900SqFt lot. Built 1890
Listed 2023-09-13
May be USDA loan restricted due to income limits
near North Cape May

Dont miss this opportunity to own a pece of Cape May history.

Currently operated as the Captain Mey's Inn, this turn of the century Victorian home, circa 1890 was built by Dr. Walter Phillips. The corner location steps to both the mall and beaches of Cape May make this the best location to enjoy all that the wonderful town has to offer. Make it your own as either a single-family property or maintain the BandB license and continue it as your new creation. Painstakingly renovated and update while respecting its heritage and original character this 13 bedroom, 11 bath home boasts large scale rooms, el egant detailing and attractive woodwork throughout. Step onto the front porch that wraps around onto tree lined Hughes Street. The 1st room upon entry is the Office Quarters (named for the Doctors visiting room). A large ornate hallway leads to the charming living room (parlor) and connects to the fabulous dining room. Down the hall is the highly desirable Captains Quarters with private bath and side entrance. Step into the hall bath and head back towards the vast kitchen, laundry room with steps to the off street parking spot and the utility room with steps to the private 40 x 100 parking lot. The 2nd level is home to 4 bedrooms with private baths and a 5th bedroom with a hall bath. The spacious hallway takes you to the 3rd floor landing with fire escape. The 3rd level is home to 2 large bedrooms with private baths that have whirlpool tubs. The owners quarters are in the lower level and offer a living room, kitchen, 4 bedrooms and 2 baths with an exterior and interior entrance. Amenities include a new roof, recently stained wood siding, numerous stained-glass pieces that have been restored, oak and pine floors, new gas HWH, pecks plumbing, Shores security system and a State Fire Inspection. The parking lot owned as a separate parcel offers 8 parking spots and a picnic area. The brick sidewalk adds that last touch of beauty!

Showings by appointment due to a working business.


Presented by Gail Wilsey-Morrison at
Long & Foster Cape May.
Listing Agent Photo

Property MLS #232455 from CapeMay

Bedrooms: 13

Total Bathrooms: 11 / 0
Full Bathrooms: 11

Fireplace- Gas
Wood Flooring
Security System
Tile Flooring
Interior Amenities: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room

Self-Clean Oven
Microwave Oven
Refrigerator
Washer
Dryer

19
Basement Features: Full, Finished, Outside Entrance, Inside Entrance, Masonry Floors/Wall

Cooling Features: Other Air Conditioning
Heating Features: Gas Natural
Water Heaters: Gas- Natural

Patio
Porch
Cable TV
Sidewalks
Outside Shower
Road Frontage Type: Street

Lot Description: Beach Proximity: 2 Blocks
Lot Size Acres: 0.181359
Lot Size Dimensions: 6001-10000 SqFt
Lot Size Square Feet: 7900

Garage Description: Concrete Driveway

Annual Tax Amount: 16263
Source Listing Status: ACTIVE
Tax Year: 2022
Source Property Type: RESIDENTIAL
Inclusions: Partial Furniture, Window Treatments
Area: Cape May
Source Neighborhood: Cape May
Township: 02-Cape May City
Zoning: R-S
Property Subtype: Single Family
Lot Number: 3, 4
Source System Name: C2C

Listed 2023-09-13
$4,950,000
CapeMay

Year Built: 1890
Building Exterior Type: Wood
Property Age: 134
House Style: Three Story

Sewer: City
Water Source: City

Cape May City Elementary School is a public elementary school located approximately 0.5 miles away.
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Richard M Teitelman School is a public middle school located approximately 3.3 miles away.
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Lower Cape May Reg High School is a public high school located approximately 3.3 miles away.
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Our Lady Star of Sea School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.