4029 Dune Drive Sold | $2,315,000

This is a huge "double-sized" lot (110' x 100' ). A short one-block walk to the 40th Street Beach Path, and you are on an un-crowded beach backed up by wide natural Dunes - one of the few beaches where rafting and surfing are allowed. Also, right across the street is a Park featuring a playground, tennis courts, and basketball courts. Your own property has a great and spacious backyard with room for large gatherings. There is also a large second floor Sun Deck, with "cocktail hour" Sunset views toward the Bay. Inside, the second floor living space is large and flows well throughout. The first floor contains a family room and large enclosed porch. The 5 Bedrooms and three bathrooms provide ample area for a summer dream. This Shore Home is located in one of the most desirable sections/enclaves of Avalon - where the Beaches are much wider and Dunes exist - and it is surrounded by other large double-sized lots, and high-end trophy "mega-homes". Because of this, the intrinsic real estate value of this "double-sized-lot" property (1 of only 25 in all of Avalon - Zoned "R-1A" - and there are only 25 total of these double-sized lots out of around 5,000 total housing units in all of Avalon) will surely maintain its superior value, and appreciate at a faster rate than all the other approximately 5,000 "single-lot" properties on the Island. The ratio of these unique/rare double-sized "R-1A" lots which exist in Avalon is therefore around only 0.005, or approximately one-half percent (0.5%). In a much-sought-after and beautiful high-end Beach Resort like Avalon, this is what is called "good real estate". Great location, great property.

This listing is provided courtesy of LONG & FOSTER REAL ESTATE, INC av