238 59th Street Sold | $3,415,000

JUST IN TIME FOR 2022 SEASON --PERFECT SOUTH END, RECENTLY RENOVATED 7TH HOME FROM BEACH. This home was beautifully renovated in 2018 with focus on family vacation time. Situated in Avalon's desirable south end - on the south-sunny side of 59th St. --just 1 block to beach, 1 block to bay and with ocean views, this home has everything you could desire for summer retreat. This large 3200sf home has plenty of room for family and friends to enjoy together. The main (second) floor offers a beautiful open great room with soaring newly paneled ceiling , tremendous light shining through full width sets of sliding glass doors and large upper deco windows. The full expanse outdoor lounging and dining deck provides the ideal spot to enjoy the quiet neighborhood and ocean horizon views after long sunny days at the beach and pool. Additionally on second floor you will find the spacious master suite and a second ensuite large bedroom, both with beautifully finished new bathrooms. On the first floor there are 3 more oversized bedrooms-2 of which are ensuite. There are total 5 full baths (4 ensuite) and one pwd room-off upstairs great room. Bathrooms are refinished with marble and stone counters and tile showers, all new fixtures. There is a new poolside family room w it's own exterior entrance and new main entry/side deck leading to pool area. RENOVATIONS-ALL COMPLETED 2018-The entire interior of home was renovated including ALL NEW-- kitchen, baths, laundry room cabinets+sink, all solid wood flooring throughout, great room paneled ceiling & wet bar with lighted cabinet and bev refr., all newly painted, appliances, tvs, bedroom rugs. Outside, a brand new Gunite in-ground heated pool with travertine surround patio and newly built storage/cabana were installed, cabana has rollup w refridge and sink. Relocated and installed new HVAC multi zone system. The main entry deck along the side to the rear of home is all new and a new side entry door into the downstairs family room was added for easier access to pool area. A VIVINT home security system was installed-- includes home alarm, camera at front door and pool area, controls downstairs entry door locks, interior lights, thermastats. There is a control panel in the home and is accessed and operated remotely via wifi. INVESTMENT-INCOME POTENTIAL: The bedrooms are all oversized, can comfortably sleep 14-16, with low maintenance expenses (owners flood insurance - $872/yr-high ground, never flooded). Ideal opportunity to buy, rent part of season , cover expenses and still have a beautifully finished home in one of most desirable locations on the island! Projected GROSS rental income $195K -- based on rental rates commensurate with comp rental properties if renting May thru Sept.; peak rates -end June- early August- $12K-$14K/week. The property is being sold AS IS. ROOF AGE 2007. LOWER DECK/RAILS 2018, UPPER DECK & RAILS - 2016. Being offered mostly furnished less owner personal items and artwork, possible exclusion of master bedroom set and some outd

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