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$1,500,000

123 Lake Dr

Lakewood, NJ
Active
6
Bedrooms
6.5
Bathrooms
0.34
Lot Size (acres)
2005
Year Built
15
Days On Market

Rare opportunity on South Lake Drive — a grand Mediterranean-style residence set for a transformative restoration overlooking the lake. Designed at nearly 6,000 square feet of living space across multiple levels, this home was planned as a true estate: a dramatic circular foyer with sweeping staircase, expansive living and dining with curved glass opening to a terrace, chef's kitchen with island and dinette, study, den, oversized playroom, mudroom, and a two-car garage. Upstairs, a primary suite with curved window wall, private balcony, walk-in closet, and spa bath anchors four bedrooms, with two additional bedrooms and baths on the attic level — six bedrooms in all, plus multiple balconies capturing the light and lake setting. The architectural bones are already here: clay-tile rooflines, arched openings, and a commanding lakeside presence on a ~15,500 sq ft lot. Bring your vision. Whether you finish to the original plans or reimagine the interior, the location, scale, and character are unmatched. Investor, builder, or end-user ready for a signature Lakewood lakefront project. Possible subdivision into a two-family home; reach out for more information.

Listing Information

Listing Updated
4 days ago
Listed By
Joel Friedman, 7328866000 · Toma Real Estate, 7328866000
MLS#
22632151
Source
MOREMLS (Monmouth Ocean Regional REALTORS)
Status
Active

Facts & Features

Location

Community Information

Address
123 S Lake Dr, Lakewood, NJ 08701
City
Lakewood
County
Ocean
Neighborhood
None
Zip Code
08701

Architecture

Bedrooms
6
Bathrooms
6.5
Stories
3
Year Built
2005
Style
Mediterranean
Foundation
Slab
Roof
Other
Garage
Yes
Garage Spaces
2
Parking Features
Attached

Features & Amenities

Exterior Features
Balcony
Patio and Porch
Porch
Cooling
Other
Heating
See Remarks

Property Features

Lot Size
0.34 Acres
Lot Features
Waterfront
View
Water
Water
Public
Sewer
Public Sewer
Zoning
Single Family

Tax & Financial Information

List Price
$1,500,000
Annual Taxes
$9,303

Schools

52/100
Clifton Ave Grade School
Elementary · Grades 03–06 · 0.6 mi
City
Lakewood
Students
606
Student body
86% Hispanic / Latino · 7% Black · 5% White
Free/reduced lunch
92%
Phone
(732) 905-3650
66/100
Bais Yaakov Of Ocean City
All Grades · Grades KG–08 · 0.5 mi · Private
City
Lakewood
Students
63
Student–teacher
3.9
Student body
100% White
Phone
(732) 232-3950
66/100
Mesivta Of Central Jersey
All Grades · Grades 09–11 · 0.8 mi · Private
City
Lakewood
Students
78
Student–teacher
10.5
Student body
100% White
Phone
(732) 779-1394
64/100
Yeshiva Of Brooklyn
All Grades · Grades PK–12 · 0.3 mi · Private
City
Lakewood
Students
573
Student–teacher
13.4
Student body
87% White · 10% Hispanic / Latino · 3% Two or More Races
Phone
(718) 376-3775
64/100
Sephardic Bet Yaakov
All Grades · Grades KG–12 · 1 mi · Private
City
Lakewood
Students
400
Student–teacher
4.9
Student body
100% White
Phone
(732) 730-0819
64/100
Bnot Yisrael Elementary & High School
All Grades · Grades KG–12 · 1 mi · Private
City
Lakewood
Students
494
Student–teacher
7.6
Student body
100% White
Phone
(732) 730-0819
57/100
Cheder Bhel Torah
All Grades · Grades KG–08 · 0.4 mi · Private
City
Lakewood
Students
348
Student–teacher
14.9
Student body
100% White
Phone
(732) 367-5508
54/100
Bais Rochel
All Grades · Grades PK–08 · 1 mi · Private
City
Lakewood
Students
735
Student–teacher
17.6
Student body
100% White
Phone
(732) 905-1251

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/11/2026Listed for sale$1,500,000

Listed by Joel Friedman · Toma Real Estate · 7328866000

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

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