$25,000,000
SOLD JAN 21, 2025

17 Washington Ave Spring Lake, NJ 07762

9 Beds
10 Baths
8,278 Sq Ft
0.82 Acres

Recently Sold

$3,020 Per Sq Ft

27 Days on Market

Highlights

  • Water Views
  • Heated Pool and Spa
  • Custom Home
  • Guest House
  • Oceanside
  • 0.82 Acre Lot

About This Home

As of January 2025

With the final touches recently completed, this majestic Spring Lake compound is a true legacy property. Panoramic ocean views on 3 levels. 4 stop elevator, quartered & rip sawn white oak floors. Chef's kitchen: 10 burner Bluestar range, 4 ovens, 3 DWs, multi-drawer refrigeration plus full sized Sub Zero units, custom cabinetry, sea-blue marble countertops. Folding glass door opens to massive east-facing terrace w/seating, kitchen, and al fresco dining overlooking pool, gardens and ocean. Classic wrap around porch, screened for dining/lounging on the west side. Basement: Rack-ready wine cellar, golf simulator room, craft and gaming rooms, gym. 45x20 salt water pool w/ auto cover; 2 bed/2.5 bath guest house is a private oasis w/outdoor kitchen & shower, covered patio & laundry. Additional features: Primary suite with amazing ocean views, walk-in closet, custom built-ins and wall treatments, sitting area, marble bath with jetted soaking tub. Junior suite with ocean views; Third floor entertaining space with wet bar and huge terrace w/panoramic ocean views. Custom millwork throughout including the painstaking replication of the original home's monumental staircase. Back staircase to kitchen. Formal Dining room. Multiple storage rooms in basement and third floor. The perfect layout for multigenerational gatherings big and small - now and for years to come.

Last Agent to Sell the Property

Elizabeth Hewson-judge

Ward Wight Sotheby's International Realty License #0903217 Listed on: 09/10/2024

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Michael Skea

Ward Wight Sotheby's International Realty License #0233882

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,328

Year Built

  • Built in 2023

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 237 x 150
  • Corner Lot
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Gravel Driveway
  • Paver Block

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Shingle Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 4-Story Property
  • Elevator
  • Wet Bar
  • Home Theater Equipment
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Awning
  • Blinds
  • Window Screens
  • Sliding Doors
  • Den
  • Screened Porch
  • Home Gym
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Porcelain Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Pool Equipment Stays

Outdoor Features

  • Oceanside
  • Balcony
  • Terrace
  • Exterior Lighting
  • Outdoor Gas Grill

Additional Homes

  • Guest House

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Furnishings and personal possessions.
  • Assessor Parcel Number 47-00078-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,328

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Ocean Block, Oceanside, Oversized
  • ResoPoolFeatures: Gunite, Heated, In Ground, Pool Equipment, Salt Water, Self Cleaner, With Spa
  • Inclusions: Outdoor Lighting, Water Purifier, Washer, Wall Oven, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Screens, Awnings, Fireplace Equipment, Garbage Disposal, Garage Door Opener, Gas Grill, Gas Cooking, Generator
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Shore Colonial
  • Reso Flooring: Vinyl
  • Reso Interior Features: Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Dec Molding, Den, Elevator, Fitness, Home Theater Equip, Housekeeper Qtrs, Laundry Tub, Wet Bar, Breakfast Bar, Recessed Lighting
  • Reso Other Structures: Guest House
  • Year Built: 2023
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Pool Heated3: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 0.82
  • General Property Info Lot Dimensions: 237 x 150
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Roof Timberline: Yes
  • Pool Pool Equipment: Yes
  • Siding Shingle: Yes
  • Utilities Included Generator: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • Kitchen Butler Pantry: Yes
  • Pool Self Cleaner: Yes
  • Pool With Spa: Yes
  • Interior Laundry Tub: Yes
  • Exterior Porch - Screened: Yes
  • Included Garbage Disposal: Yes
  • Siding Cedar: Yes
  • PoolSaltWater: Yes
  • Kitchen Floor - Porcelain4: Yes
  • Included Awnings: Yes
  • Living Room Built-Ins2: Yes
  • GreatFamily Room Dec Molding6: Yes
  • PoolGunite: Yes
  • Interior Fitness: Yes
  • Foyer Dec Molding2: Yes
  • Interior Housekeeper Qtrs: Yes
  • Out Buildings Guest House: Yes
  • Kitchen Marble4: Yes
  • Interior Home Theater Equip: Yes
  • GreatFamily Room Floor - Porcelain5: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Fireplaces: 2
  • Stories: 4
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Appliances Included:Water Purifier: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.82
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: Furnishings and personal possessions.
  • Construction Type: Cedar, Shingle Siding
  • Exterior Features: Balcony, Porch - Screened, Sprinkler Under, Terrace, Porch - Covered, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Paver Block, Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 237 x 150
  • Lot Size Sq Ft: 35719.2
  • Parcel #: 47-00078-0000-00008
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 43328.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2012
Sold by
Gutschmit Paula
Bought by
Sagui Matthew and Sagui Elizabeth
Current Estimated Value
$14,414,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,750,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,070,000 New Conventional
Closed $6,000,000 New Conventional
Closed $1,000,000 New Conventional
Closed $2,538,900 Adjustable Rate Mortgage/ARM
Closed $2,977,125 Adjustable Rate Mortgage/ARM
Closed $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $25,000,000 0.0% $3,020 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $25,000,000 -- $3,020 / 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 $43,044 $14,790,300 $9,778,500 $5,011,800
2024 $43,328 $8,802,400 $7,273,100 $1,529,300
2023 $43,328 $8,613,900 $7,119,800 $1,494,100
2022 $38,138 $8,016,200 $6,592,700 $1,423,500
2021 $38,138 $6,356,400 $5,066,900 $1,289,500
2020 $37,192 $6,018,200 $4,778,100 $1,240,100
2019 $37,693 $5,983,000 $4,778,100 $1,204,900
2018 $37,396 $5,954,700 $4,778,100 $1,176,600
2017 $36,234 $5,788,100 $4,675,000 $1,113,100
2016 $38,443 $5,628,600 $3,481,200 $2,147,400
2015 $39,288 $5,628,600 $3,481,200 $2,147,400
2014 $38,612 $5,628,600 $3,481,200 $2,147,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22413980

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00078-0000-00008