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202 OCEAN STREET, Cape May, NJ 08204
$4,750,000 Asking Price
$---/mo Est. Payment Get Prequalified »
9
beds
9
baths
Built in
1890
Step into a rare opportunity to own a piece of Cape May’s rich history with Captain Mey’s Inn, an iconic bed and breakfast nestled in the heart of this charming seaside town. This grand corner property is just two blocks from the bustling Cape May Mall and the pristine beaches, offering a prime location for both relaxation and exploration. As you approach Captain Mey’s Inn, you’re greeted by an inviting wrap-around porch, the perfect spot to enjoy the gentle seaside breeze while sipping coffee or enjoying an afternoon read. The porch sets the tone for the warm and welcoming atmosphere that permeates this historic home. Inside, the expansive interior showcases meticulous craftsmanship and exquisite millwork. The inn features 9 beautifully renovated bedrooms and 9 well-appointed baths, each designed to provide comfort and elegance for your guests. Common areas invite socializing, whether during a shared breakfast or an evening gathering to recount the day’s adventures. One of the standout features of this property is the coveted parking lot next door at 206 Ocean Street, a rare asset in Cape May that provides ample off-street parking for guests and owners alike. This convenience allows for easy access to local attractions without the hassle of searching for parking. For those looking to explore development possibilities, Captain Mey’s Inn presents an exciting opportunity. The property’s prime location and spacious lot may allow for the teardown of the existing structure to create two luxurious homes, each featuring private pools right in downtown Cape May. Subdividing the lot opens the door to endless possibilities, making it an attractive option for developers or buyers seeking to craft their dream residences in this vibrant community. With its countless features, thoughtful updates, and development potential, Captain Mey’s Inn is more than just a property; it’s a chance to embrace the spirit of Cape May while shaping its future. Don’t miss out on this remarkable gem in Cape May. Schedule your private tour today and envision the possibilities that await you—whether you continue the cherished bed and breakfast tradition or embark on an exciting new venture by building two stunning homes in this sought-after location!
Features & Amenities
Interior
- Basement:
- Full,Interior Access,Outside Entrance
- A/C:
- Other
- Heating:
- Y, Baseboard - Hot Water, Natural Gas
- Fireplace:
- Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Victorian
Construction
- General:
- Frame, 3, Block
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- LOWER CAPE MAY REGIONAL SCHOOLS
- County:
- CAPE MAY
Lot
- Zoning:
- R-S, 02-01049-00004
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Keller Williams Realty, George J Kelly
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Cape May, NJ
Housing
- Number of Units
- 13,828
- Median Home Value
- $367,035
- Median Rent
- $1,065
21.01% of housing units are renter occupied.
46.80% are vacant.
Commute
- Car
-
79.76%
- Public Transportation
-
1.00%
- Walk to Work
-
3.31%
- Work from Home
-
12.75%
- Other
-
1.13%
The median travel time to work is 18 minutes.
People
- Population
- 16,253
- Median Age
- 51.30
- Median Household Size
- 2.49
Education
- High School
-
31.48%
- Associate’s Degree
-
8.37%
- Bachelor’s Degree
-
22.75%
- Graduate Degree
-
12.18%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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