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5 Reagans Run
Cape May Court House, NJ 08210
$1,111,111
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
MUST SEE JERSEY SHORE SOLAR POWERED McMANSION! This beautiful 5,500 square foot colonial-style home situated on an acre of property has been recently updated within the last 6 months. With premium upgrades including in-ground pool and spa, outdoor showers, brand new deck and patio, jacuzzi tub, 2-primary bedrooms, and surround-sound speakers integrated on every level of the home. The entire home including living spaces, bedrooms and closets has been recently painted and updated with state-of-the-art"" fandoliers""�. Featuring a large open kitchen with two ovens, dishwasher, two large living areas, and 6 private and spacious bedrooms and 4 1/2 baths. There is an additional office/room which is currently being used as the 7th bedroom, a closet can easily be added to this room to turn it into an official bedroom. The1st level offers 2 Living rooms, 2-dining rooms, large kitchen, 1-bedroom suite and 1-half bath. The first Living Room has been transformed from a formal living room to a yoga and meditation room. Surrounded by privacy curtains, this space offers yoga mats, yoga blocks, hammock chair, water feature, and low Turkish couches. The 2nd Living Room boasts 22 'soaring ceilings, gas fireplace, large ceiling to floor windows, beautiful, updated chic fireplace and mantel, new carpet installed in 2021, 70""� flat screen TV and a custom solid cherry wood bar. The Formal Dining Room: is large enough to seat 10-12 guests comfortably featuring a beautiful crystal chandelier, and floor to ceiling windows. This room effortlessly flows to the Butler pantry and kitchen. The 2nd dining room overlooks the Backyard Oasis featuring a state of the art and brand-new heated pool and spa. The rear of the home is appointed with beautiful French doors leading out to a large deck overlooking the pool. The oversize is outfitted with a center island featuring a gas cook-top, a breakfast bar with enough space for four, double ovens, brand new soapstone kitchen sink overlooking the beautiful backyard oasis, custom coffee bar with espresso machine and coffee maker, dishwasher, refrigerator and pantry. The kitchen connects with the large family room and dining area providing an open flow. The 1st floor Bedroom currently hosts a queen bed, work desk and armoire with closet. The Powder room is positioned next to the bedroom on the 1st level. The Laundry Room is accessible from the kitchen and attached to the recently painted two-car features a full-size washer and dryer with iron and ironing board plus a slop sink. The 2nd floor offers 4 large bedroom suites + sleep-in living room, jacuzzi tub, and 3-full bathrooms with 3- bathtubs. Two of the bedrooms offer ensuite bathrooms. One which is considered the main Master suite which includes a sitting area with a daybed, fireplace and antique desk, the oversized spa-like bathroom includes walk-in shower, jacuzzi tub, double vanities, and water closet. This master is outfitted with two spacious walk-in closets. The Basement Level is integrated seamlessly from the 1st level of the main home by an open staircase. The basement has been converted to a Lounge hosting 1,500 sq. ft. of living space with 8 'ceilings, a theater-style living room and gaming room, plus two private bedrooms and a full bathroom with large walk -in shower. There is also a large room for storage. The massive Backyard Oasis makes you feel like you're being spoiled at a 5-star Resort with a brand new 18' x 40' in-ground Grecian style pool with built in spa, a large deck, concrete patio, two outdoor showers, a gas-powered BBQ grill and fire pit with large dining and lounge areas; not to mention the poolside zero gravity lounge chairs. Plus, the entire front and backyard is kept green with an irrigation system that has been recently repaired with new sprinkler heads. This house is perfect for anyone looking for their forever home or for a summer rental investment.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
241367
Location
Address
5 Reagans Run
City
Cape May Court House
State
NJ
Zip Code
08210
County
CAPE MAY
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Avalon
Office Phone
(888) 536-0216
Agent Name
MaryAnn Modano

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.