• 97 days on site
  • 18 views

Unlock the potential to build something truly exceptional. This rare development opportunity offers the chance to create a stunning collection ofocean-view residences just steps from the beach. Envision a coastal retreat that blends modern luxury, sweeping water views, and the timelessappeal of seaside living. The site currently operates as a parking lot measuring approximately 150' x 200', totaling 30,000 square feet. Theproperty is presently approved for a 24-unit condominium development,creating significant upside for a developer looking to maximize value. All residences are thoughtfully designed as spacious three-bedroom units, each featuring en-suite baths, a powder room, and dedicated laundry. Every home includes a private balcony positioned tocapture expansive ocean views, enhancing the coastal living experience. The architecture reflects a sophisticated, contemporary style thatcomplements the charm and character of Wildwood's coastline. Residents will enjoy premium amenities, including two elevators, a rooftop pool,and fitness center—ideal for taking in sunset views over the horizon. The development also includes two levels of structured parking,thoughtfully designed to accommodate ample parking for both residents and guests, ensuring convenience for everyday living and seasonal usealike. This is a unique opportunity to collaborate with an experienced developer and bring a landmark coastal project to life—one that will defineluxury oceanfront living for years to come.

Source: Cape May MLS, MLS#: 260741

Listing provided courtesy of OCF REALTY LLC- MLS# 260741MLS Provider
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  • Property Type
    Land

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 341 E Oak Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/30/2026Source: Cape May MLS Status Change
ACTIVE
3/30/2026Source: Cape May MLS Status Change
ACTIVE
3/30/2026Source: Cape May MLS Price Reduction
$3,500,000 -30.0%
3/30/2026Source: Cape May MLS Price Reduction
$3,500,000 -30.0%
3/30/2026Source: Cape May MLS Status Change
Price Change
3/30/2026Source: Cape May MLS Status Change
Price Change
3/25/2026Source: Cape May MLS Added to Database
March 25, 2026
3/25/2026Source: Cape May MLS Added to Database
March 25, 2026