New Sale Listing - 114 Pinnacle Road (Ocean City, NJ)
Just listed in the Gardens, that single family area north of North Street to the end of the island at the Longport Bridge. Adding the single family sale listings in the Northend as well, that area north of Sixth Street to south of North Street; we arrive at a total of about 49-50 single family sale listings throughout the Northend and Gardens.
This is one of the lowest number of single family sale listings in this area in some time. One finds about 25 singles over $1 million and the remaining number under that figure. Location obviously plays a role in terms of the land value. New Construction will also play a role in terms of building value.
114 Pinnacle Road is on a two-block street running from Battersea Road to Gull Road. It is primarily a second home location (all single family homes) with about ten properties that live all year long on the street. Rentals have not been a significant part of the process on Pinnacle Road.
Listed at $1,375,000, this one-of-a-kind three story was built in 2007. Cedar-sided with siding stained by the factory and delivered to the site, the property has an interesting appearance: is it an old house looking new, or a new house looking old? That was part of the direction given to the architect as a part of the planning process. Four steel beams were part of the first floor layout allowing for a wide open living room, dining room, larger kitchen, and lots of additional space throughout the downstairs.
It is identified as a 4BR/4.5BA single family with all bedrooms having a full bath. There is a family room on the third floor, and the present owners had used the first floor bedroom as another family room for the first seven years that they were in the house. Only recently did they turn that back into a full bedroom.
The open feeling on the main level enables the person in the kitchen to look to the outside in both the front and back yards. The kitchen has a very large granite counter which enables about 6-8 to sit around the kitchen for causal talk, drinks, or even a light dinner. The dining room is right next to the kitchen for more formal entertaining.
Right around the corner from the kitchen is the wet bar which includes a wine frig, an ice maker, and plenty of storage in the beautiful built-in cabinet. The other interesting aspect to this location is the open space above which continue on to the second and third floors and the six skylights on the roof. This has provided for a lot of hot air flowing up in the winter and cold air drifting down in the summer.
There are far too many interesting things to see in this large house ... just walking around is the best way to understand its potential. Bedrooms on all levels, washer/dryer on both the first and second floors, several nooks and corners provide for work space on all three levels. The two master bedrooms on the second floor are larger than most bedrooms in most single family listings in OC. We have lots of sitting locations in both of these bedrooms. Extra storage can be found not only in the closets, but in the sections behind the four main closets on the second floor.
Finally, the attention to landscaping has been a goal for the master gardener who should take credit for all the effort. The front has a two-tier sitting area and a perfect way to meet and greet guests to the house. It is quite private in the way the trees and shrubs have been established. The back yard is completely fenced in so a pet can run freely. It also has additonal storage in the small garage including a sliding door to a summer refrigerator for lots of service for guests in the back yard. It is also one of the very few back yards where none of your neighbors can see into your yard at the ground level or even the second floor level.
Dustin A. Peters is not only one of the owners of this property, but also the listing agent for 114 Pinnacle Road, Ocean City (NJ). He is associated with Goldcoast Sotheby's International Realty in Ocean City, New Jersey. You can contact him via email at "email@example.com" or by phone at "609-231-6379."