298 50th St
Listing Notes
Situated on a large 60X110 ft. corner lot, this unique 5 bedroom, 3.5 bath two-story single-family home offers the rare opportunity to enjoy the existing home now or redevelop the property into a new residence of up to approximately 4,620 square feet. Located just one block from the beach path and offered under $3 million, the property is equipped with two kitchens and offers a strong combination of present use and future potential. Recent updates include a 50-year standing seam metal room, updated baths throughout, and two updated kitchens, along with plenty of space for entertaining. The first floor offers two large bedrooms, a hall bath, and a powder room, plus expansive living space with room for dining and a first-floor family room overlooking the kitchen. Upstairs are three additional bedrooms, including the primary suite, which is situated toward the rear of the home and features a spacious ensuite bath. Two additional bedrooms are serviced by a hall bath. A second kitchen is also located on this level, overlooking an additional family room area with more space for dining. A wraparound deck offers peeks of the bay and quiet enjoyment, with only the south side of 50th Street featuring single-family homes. Whether the next owner chooses to use the home as-is, renovate right away, or move forward with a full teardown and new build, the flexibility of this property is a major part of its appeal. Never a rental and offered fully furnished, less exclusions. Ideal closing would be late July/early August so the buyer can enjoy the second half of summer in Avalon.
Price in context
Cheaper than 50% of the 24 homes listed nearby right now, which run $1,670,000 to $3,995,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 2023 Dune Dr Unit 2023 | $1,670,000 | 3 bd · 3 ba |
| 386 24th St Unit Upper | $1,790,000 | 4 bd · 3 ba |
| 401 24th St Unit A | $1,850,000 | 3 bd · 2 ba |
| 146 83rd St Apt 1 | $1,995,000 | 3 bd · 2 ba |
| 733 21st St | $2,195,000 | 3 bd · 1 ba |
| 2934 Ocean Dr Unit North | $2,399,000 | 5 bd · 3 ba |
| 890 21st St | $2,399,000 | — |
| 383 39th St Unit West | $2,435,000 | 4 bd · 2 ba |
| 4040 Dune Dr | $2,500,000 | 4 bd · 2 ba |
| 8222 3rd Ave Unit North | $2,500,000 | 4 bd · 3 ba |
| 389 22nd St | $2,599,000 | 4 bd · 2 ba |
| 3030 Ocean Dr Unit N | $2,650,000 | 5 bd · 4 ba |
| 3142 Ocean Dr Unit South | $2,895,000 | 3 bd · 2 ba |
| 3149 First Ave | $2,895,000 | 5 bd · 4 ba |
| 1838 Dune Dr | $2,900,000 | 4 bd · 2 ba |
| 2968 First Ave | $2,995,000 | 4 bd · 3 ba |
| 328 83rd St | $2,995,000 | 3 bd · 3 ba |
| 118 28th St | $3,145,000 | 4 bd · 4 ba |
| 7463 Ocean Dr | $3,200,000 | 5 bd · 3 ba |
| 54 W 19th St | $3,250,000 | 5 bd · 3 ba |
| $3,500,000 | 5 bd · 4 ba | |
| 281 69th St | $3,595,000 | 5 bd · 3 ba |
| 264 41st St | $3,995,000 | 4 bd · 3 ba |
| 2988 Avalon Ave | $3,995,000 | 5 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more