20 Gilbert Ln Ocean City, NJ 08226
Estimated payment $26,045/month
Highlights
- Boat Slip
- Home fronts a lagoon or estuary
- Wood Flooring
- Ocean City Primary School Rated A
- Family Room with Fireplace
- Whirlpool Bathtub
About This Home
Lagoon-Front Luxury in Ocean City – Private Dock, Water Views Welcome to your ultimate waterfront retreat in Ocean City — a custom-designed lagoon-front home offering direct access to Salvador Harbor with private dock that accommodates a 60-foot yacht or two boats (25' and 40') plus a jet ski. This rare property blends functionality, and lifestyle, perfect for those who dream of life on the water. Property Highlights: Custom-built by renowned builder John Stoeco and designed by architect Nicolas Piro with quality craftsmanship. Expansive dock leading to a large outdoor entertaining deck featuring: Granite-topped bar with seating for six, Dining area, and Space for lounge chairs and Hot tub. Four spacious bedrooms, each with king-size accommodation, en-suite bathrooms, and ample closet space. Primary suite features soaring glass walls that capture breathtaking water views. Third-floor entertainment level offers panoramic views of both the ocean and bay. Open-concept main level with seamless flow between living, dining, and gourmet kitchen – ideal for entertaining. Additionally - "Beach" full bathroom and powder room on first floor. Location Perks: Just 3 minutes to Ocean City Municipal Airport – perfect for fly-in convenience/ Direct lagoon and harbor access for sailing, boating, kayaking, paddleboarding, and jet-skiing/ Across the street from a 12-hole, par-37 golf course and nearby soccer field. A rare opportunity to enjoy a waterfront lifestyle with a touch of adventure and sophistication. Whether you're arriving by sea or sky, this exceptional property is more than just a home — it's a statement, a sanctuary, and a lifestyle investment. Don't just live near the water — live on it. 2018 New roof, new fiberglass decks. 2019 upstairs heater, 2021 downstairs heater. 2022 new tankless water heater. 2025 new A/C both up and down installed by Broadley's. Interior photos are virtually staged.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,600
Year Built
- Built in 1993
Lot Details
- Lot Dimensions are 45x100
- Home fronts a lagoon or estuary
Home Design
- Stucco
Interior Spaces
- 4,558 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Furnished
- Ceiling Fan
- Skylights
- Drapes & Rods
- Blinds
- Family Room with Fireplace
- Great Room
- Dining Area
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Burglar Security System
- Carbon Monoxide Detectors
Parking
- 1.5 Car Garage
- Automatic Garage Door Opener
- Stone Driveway
Outdoor Features
- Boat Slip
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 2
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,600 | $1,212,100 | $727,700 | $484,400 |
| 2024 | $13,600 | $1,212,100 | $727,700 | $484,400 |
| 2023 | $12,982 | $1,212,100 | $727,700 | $484,400 |
| 2022 | $12,473 | $1,212,100 | $727,700 | $484,400 |
| 2021 | $9,042 | $1,212,100 | $727,700 | $484,400 |
| 2020 | $11,854 | $1,212,100 | $727,700 | $484,400 |
| 2019 | $11,721 | $1,212,100 | $727,700 | $484,400 |
| 2018 | $11,612 | $1,212,100 | $727,700 | $484,400 |
| 2017 | $11,430 | $1,212,100 | $727,700 | $484,400 |
| 2016 | $10,994 | $1,212,100 | $727,700 | $484,400 |
| 2015 | $10,848 | $1,212,100 | $727,700 | $484,400 |
| 2014 | $10,691 | $1,212,100 | $727,700 | $484,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $4,750,000 | -- | $1,042 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | -- | None Listed On Document | |
| Executors Deed | -- | None Listed On Document | |
| Deed | $550,000 | -- | |
| Deed | $550,000 | -- |
Source: South Jersey Shore Regional MLS
MLS Number: 598455
APN: 08-02213-0000-00002
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Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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