$6,442,000 - $6,781,000
RENTED AUG 1, 2025

11 Red Oak Dr Spring Lake, NJ 07762

5 Beds
5.5 Baths
5,868 Sq Ft
$1,130 Price per Sq Ft

Last Sold July 10, 2014

Last sale price $3,600,000 $613 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $38,131/month

Highlights

  • Heated Pool and Spa
  • Home Gym
  • 2 Car Attached Garage
  • Custom Home
  • Porch
  • Built-In Features

About This Home

As of August 2025

Experience unparalleled luxury at 11 Red Oak Drive, located on one of Spring Lake's most desirable streets. This exquisite 5-bedroom, 6-bathroom estate offers over 5,500 square feet of elegantly designed living space, ensuring a comfortable and memorable stay for all guests. The property features a private backyard oasis with a lavish pool, rejuvenating hot tub, state-of-the-art outdoor kitchen, and dual outdoor TVs, all set in a tranquil and secluded environment.

Available for summer rental, this home offers weeks in June and Sept at $25,000 per week. Fully booked for July and Aug Whether you're seeking a peaceful retreat or a base for coastal adventures, this home provides the perfect blend of sophistication and comfort.

Last Agent to Rent the Property

Joseph York

Christie's Int'l RE Group License #1756367 Listed on: 01/28/2025

Last Renter's Agent

Amy Clayton

Clayton & Clayton Inc.Realtors License #0901846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,770

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture

Interior Spaces

  • 5,868 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Zoned Heating and Cooling System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Exclusions: Garage will not be available for cars.
  • Short Term Lease
  • Assessor Parcel Number 47-00133-0000-00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,770

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, With Spa
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Interior Features: Exercise Room, Built-in Features, Dec Molding, Wet Bar
  • Year Built: 2002
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.35
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Exterior Hot Tub2: Yes
  • Pool With Spa: Yes
  • Lease Terms Short Term: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Features Interior:Wet Bar: Yes
  • Interior Built-in Features: Yes
  • Interior Exercise Room4: Yes

Exterior Features

  • Fencing: Fence
  • Acres: 0.35
  • Waterfront: No
  • Exclusions: Garage will not be available for cars.
  • Exterior Features: Hot Tub, Lighting
  • Patio And Porch Features: Porch - Open, Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Geothermal: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 47-00133-0000-00034

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2013
Closed on
Jul 10, 2014
Sold by
Gannon Kevin C and Gannon Ellen M
Bought by
Pegler Kelcy C and Pegler Kimberly J
Seller's Agent
Susan Careatti
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Cecilia Barreda
Chris Smith Realty
Sold Price
$3,600,000
Current Estimated Value
$6,632,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,032,315
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jun 20, 1997
Sold by
Brown Jerry
Bought by
Gannon Kevin and Gannon Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pegler Kelcy C $3,600,000 Agent For Old Republic Natl
Gannon Kevin $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pegler Kelcy C $3,150,000
Closed Pegler Kelcy $1,000,000
Closed Pegler Keley C $1,000,000
Previous Owner Gannon Kevin C $1,700,000
Previous Owner Gannon Kevin C $150,000
Previous Owner Gannon Kevin $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $56,000 +100.0% --
01/28/2025 01/28/25 For Rent $28,000 -72.0% --
07/19/2024 07/19/24 Rented $100,000 +300.0% --
03/12/2024 03/12/24 Under Contract -- -- --
09/22/2023 09/22/23 For Rent $25,000 0.0% --
07/10/2014 07/10/14 Sold $3,600,000 -- $649 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,770 $5,244,100 $3,084,000 $2,160,100
2024 $24,555 $5,065,400 $3,055,600 $2,009,800
2023 $24,555 $4,881,700 $2,918,900 $1,962,800
2022 $23,498 $4,545,500 $2,653,500 $1,892,000
2021 $23,498 $3,916,300 $2,184,100 $1,732,200
2020 $23,650 $3,826,800 $2,141,900 $1,684,900
2019 $23,544 $3,737,100 $2,061,900 $1,675,200
2018 $23,457 $3,735,200 $2,061,900 $1,673,300
2017 $22,629 $3,614,800 $2,061,900 $1,552,900
2016 $24,007 $3,515,000 $1,560,000 $1,955,000
2015 $23,687 $3,393,600 $1,517,500 $1,876,100
2014 $22,817 $3,326,100 $1,450,000 $1,876,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22502465

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00133-0000-00034