Lagoon-Front Home in Atlantic City With a Sauna, Boathouse, Putting Green, and Floating Dock Lists for Less Than $650K

by Kellie Speed

A spectacular entertainer's dream home that is packed to the brim with amenities—both inside and out—has hit the market on the shore of an Atlantic City lagoon for just $625,000.

The extraordinary abode boasts all manner of impressive features to entertain and amuse, including a waterfront pavilion-style boathouse, mini golf putting green, hot tub, yoga studio, and a sauna.

Built in 1925, the three-bedroom residence, which is located in the Venice Park neighborhood, is nestled along a canal, providing direct access to Absecon Bay.

As a result, the dwelling offers year-round waterfront amusements, many of which are located in its own backyard.

"Its bayfront location is a great selling point," said Justus Rosario, who is co-listing the property with Hader Rivas of eXp, Realty-Northfield. "It also has deeded riparian rights, two private boat slips, and a 50-foot bulkhead."

A hot tub can be found on the back deck. (Realtor.com)
The fenced-in front yard has a putting green. (Realtor.com)
A detached shed has been converted into a yoga studio with sauna. (Realtor.com)

Beyond the impressive lineup of amenities, the dwelling also offers a lucrative opportunity for budding business owners.

The home has previously been used as a "high performing" investment property, generating more than $80,000 in gross revenue—with ample opportunity for a similar setup in the future.

Most recently, the sellers have enjoyed it as a year-round family home, taking full advantage of the amenities that are designed for grand-scale hosting.

Rosario notes that, despite its location in an area that typically enjoys four seasons of weather, the property has many potential uses, either as a full-time or part-time residence, or as a full-time rental.

"There is a huge entertaining spot in front of the home and in the covered boathouse out back," he noted. "It is an ideal location for a rental operation or for someone who is a snowbird to enjoy during the summer and might want to rent it out in the offseason."

While the bones of the home have remained much the same since they were completed 100 years ago, the dwelling has been thoughtfully modernized over the years and is now replete with several upgrades, both structural and aesthetic.

The modernized interior now features newer windows, an updated kitchen with stainless steel appliances, and a living/dining area with sliders that open up to the waterfront views and covered boathouse with firepit.

The modern interior boasts an open layout and lots of windows to soak in the waterfront views. (Realtor.com)
The covered boat dock offers a firepit and front row seat to the spectacular views. (Realtor.com)
There is plenty of entertaining space in the front of the home as well. (Realtor.com)

In total, the property boasts three bedrooms, however Rosario notes that there is a bonus room connected to the primary bedroom that could be used as a nursery, home office, or even a private sunroom, turning that space into more of a suite.

Offered fully furnished, including all indoor and outdoor furnishings, the property also has a floating dock and built-in boat lift. The putting green can also be found in the fenced-in front yard.

There are, however, some restrictions for buyers as a result of its spot on the water, particularly if that interested party is interested in financing.

"Flood insurance is required if the buyer is financing," Rosario noted. "I sold the property to the sellers in 2022 and they have invested around $100,000 into the home since then with newer mechanicals, adding the sauna and hot tub, modernizing the kitchen, and updating the bathrooms."

A detached garage currently offering extra storage space could be transformed into a workshop or "man cave."

"You could put a garage door on and turn it back into a one-car garage," he said. "There is also a shed that has been professionally converted into a yoga studio with sauna."

Located minutes from the beaches and boardwalk, the waterfront retreat is also close to the casinos and marina.

"The property is ideally situated near all of the attractions, but far enough away in a peaceful waterfront setting," Rosario said.

GET MORE INFORMATION

Fred Dinca

Fred Dinca

Realtor® | License ID: 0995708101

+1(318) 408-1008

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