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719 Columbia Avenue Cape May, NJ
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MLS#: |
243583 |
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Property |
Residential
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Price: |
$3,550,000.00
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Location: |
719 Columbia Avenue |
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City: |
Cape May
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State: |
NJ
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Bedrooms: |
11
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Bathrooms: |
9 and a half
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Lot Size: |
6001-10000 SqFt
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YearBuild: |
1872
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Taxes: |
$13,720.35(2024) |
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Welcome to 719 Columbia Avenue in the scenic Cape May, home to the charming Bacchus Inn Bed & Breakfast, named after the Roman god of wine currently being sold as a single family home. This beautiful, centrally located Cape May gem is situated in the heart of the historic district, just a short stroll from the area's renowned shops, restaurants, and pristine beaches. The property is being offered as a 9-bedroom (potentially 11) home with 9 full bathrooms and a powder room home. Set on a spacious 75 x 111 lot, there is ample parking available. Endless possibilities await continue the Bed & Breakfast, possibly convert it into condos, use it as a single-family home or vacation rental, or explore potential additions—your creativity and due diligence is the limit. The property comes mostly furnished, ensuring a smooth transition for its new owner. Whether you decide to carry on its legacy or turn it into a sought-after whole house rental, keep it for your growing family, or bring your own vision to life—whether maintaining its Victorian elegance or embracing a more coastal vibe—the choice is yours. Ideally located just steps from the beach, Washington Street Mall, and local shops, cafes, and restaurants, this stunning property offers the perfect base to enjoy all Cape May has to offer. A gem has abundant potential, The Bacchus Inn awaits your vision. Showings are by appointment only for qualified buyers. A few general thoughts on large home rentals in the Cape May area should that be your desire: generally with dedicating more living space downstairs. $8,000-$10,000 Peak Season Weeks. Living space and kitchen updates are really important if you can accommodate 8 Bedrooms, Sleeping 17 Guests. If updated throughout, central air conditioning and other updates homes rent around $12,000-$16,000 Peak Season. The nicer the property, the more people will pay. 8 Bedrooms, Sleeping 17 Guests. Off season weeks go as low as $4000 per week or $600 per night. If a pool could be installed much higher.
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