$9,500,000
SOLD JUN 18, 2025

283 Bayshore Dr Ocean City, NJ 08226

6 Beds
5.5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Recently Sold

5% Below List Price

121 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • Ocean City Primary School Rated A
  • Cabana
  • Living Room with Fireplace

About This Home

As of June 2025

Welcome to the Crown Jewel of Ocean City! This absolutely spectacular bayfront mansion sits on one of the most desired waterfront properties in South Jersey with over 200' of open bay and a complete 180-degree panoramic view capturing its breathtaking water and sunset views. As you enter this one-of-a-kind, custom-built home, you are immediately blown away by the double height ceilings in the foyer which leads to matching height ceilings in the living room with custom coffered detail. This home is a true masterpiece which offers an unmatched level of detail including custom laid tile flooring with radiant heating, incredible trim-work from floor to ceiling, rich Brazilian cherry flooring, 3 stop elevator, and much more. As you continue through the first floor, you will notice the expansive floor plan offering a large parlor with a built-in bar, a half bathroom and the 6th bedroom in the home. On the opposite side of the home adjacent to the living room you will enjoy a beautiful gourmet kitchen with chef's grade appliances. Continuing to this end of the home is the 5th bedroom, first floor laundry room, pool cabana kitchen and a full bathroom which also opens to the back yard. This area was also designed to accommodate in-law's quarters if needed. The staircase leading to the second floor is a work of art which wraps the front of the home and is custom built from Brazilian cherry. The master suite boasts two large dressing rooms, a spa-like bathroom with double vanities, a walk-in shower and soaking whirlpool tub overlooking the water. The opposite end of the 2nd floor offers 3 large en-suite bedrooms and the 2nd laundry room. The first floor is also complimented by an expansive screened in patio over 120' long which is outfitted with a large bar for entertaining and opens out to the fenced in backyard yard and pool area. As though one deck measuring over 120' long is not enough, you will find a matching deck along the 2nd floor living area.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC License #0453531 Listed on: 02/05/2025

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC License #0453531 Listed on: 02/05/2025

BHHS FOX and ROACH-West Ave OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,972

Year Built

  • Built in 2009

Lot Details

  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Interior Spaces

  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Screened Porch
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens

Parking

  • 2 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Boat Slip
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,972

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 11 To 15 Years
  • Also Includes: Blinds
  • Lvt Date: 02/05/2025
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Cathedral Ceiling, Elevator, Kitchen Center Island, Security System, Storage, Walk In Closet, Whirlpool
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, In-Law Quarters, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Boat Slip, Cabana, Deck, Fenced Yard, Patio, Paved Road, Pool-In Ground, Porch Screened, Sidewalks, Sprinkler System
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Hot Water, Multi-Zoned, Radiant
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Cul-De-Sac, Docks, Water View
  • Lot Dimensions: 211x100 irg
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Jun 18, 2025
Sold by
Krapf Dallas L and Krapf Diane
Bought by
Grayston Robert A
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$9,995,000
Sold Price
$9,500,000
Premium/Discount to List
-$495,000
-4.95%
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.86%
Original Mortgage
$4,000,000
Outstanding Balance
$4,000,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$4,379,618

Purchase Details

Closed on
Aug 21, 2007
Sold by
Larkin James A and Larkin Barbara O
Bought by
Larkin James A and Larkin Barbara O

Purchase Details

Closed on
Nov 1, 1995
Sold by
Booth Richard
Bought by
Krapf Dallas and Krapf Diane
Source: Public Records

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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 $9,500,000 Freedom Title
Interfamily Deed Transfer -- None Available
Deed $910,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Previous Owner $1,350,000 New Conventional
Previous Owner $1,815,000 New Conventional
Previous Owner $1,800,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $9,500,000 -5.0% --
06/06/2025 06/06/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $9,995,000 -- --
Source: South Jersey Shore Regional MLS

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
2024 $39,972 $3,562,600 $1,866,300 $1,696,300
2023 $38,155 $3,562,600 $1,866,300 $1,696,300
2022 $36,659 $3,562,600 $1,866,300 $1,696,300
2021 $26,230 $3,562,600 $1,866,300 $1,696,300
2020 $34,842 $3,562,600 $1,866,300 $1,696,300
2019 $34,450 $3,562,600 $1,866,300 $1,696,300
2018 $34,130 $3,562,600 $1,866,300 $1,696,300
2017 $33,595 $3,562,600 $1,866,300 $1,696,300
2016 $32,313 $3,562,600 $1,866,300 $1,696,300
2015 $31,885 $3,562,600 $1,866,300 $1,696,300
2014 $31,422 $3,562,600 $1,866,300 $1,696,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Patrick Halliday

    BHHS Fox & Roach

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 592838

South Jersey Shore Regional MLS

APN: 08-01812-0000-00013

New Jersey Cape May County Ocean City 08226

283 Bayshore Dr, Ocean City, NJ

This home is located at 283 Bayshore Dr, Ocean City, NJ 08226 and is currently priced at $9,500,000. This property was built in 2009. 283 Bayshore Dr is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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