Ocean City Home Sale: Bayfront Property Fetches $3.375M
High-end real estate demand in Ocean City continues to demonstrate strength this season. A prominent single-family bayfront residence located at 1505 Pleasure Avenue recently completed a closed sale transaction at a final purchase price of $3,375,000.
The custom residence recorded just 30 total days on market before executing a binding contract, underscoring steady liquidity in Cape May County's upper-tier shore market.
Custom Finishes and Waterfront Demand
Marketed and listed through BHHS Fox & Roach Washington-Gloucester, the custom dwelling features luxury architectural finishes, high-end interior amenities, and a fully equipped private fitness gym facility. Situated along Ocean City's desirable bayfront corridor, the swift settlement reflects sustained appetite for premium properties near coastal waterways.
Transactions along Pleasure Avenue and neighboring bayfront streets demonstrate strong market valuations heading into the second half of 2026. Local property analysts highlight the brief 30-day market duration as a clear signal of active buyer interest for turnkey waterfront living.
Why It Matters
"Waterfront homes have a way of holding their value here in Ocean City, the view and access just don’t go out of style," said Mike Sutley, Team Leader at Lexy Realty Group.
For current shore homeowners and prospective investors, tracking individual benchmark sales provides actionable context on pricing dynamics, absorption rates, and neighborhood shifts. Turnkey homes with specialized amenities continue to command premium price points across the barrier island.
Frequently Asked Questions
What was the final sale price of 1505 Pleasure Avenue?
The property closed at a final settlement price of $3,375,000.
How long was the home listed before selling?
The listing spent just 30 days on market prior to executing a binding contract.
What driven features stood out on this Ocean City bayfront home?
Key amenities included custom architectural finishes, bayfront water access, and a private indoor fitness gym facility.
Sources: South Jersey Shore Regional MLS; Press of Atlantic City
