719 Columbia Avenue, Cape May
11 Bedrooms – 9.1 Bathrooms
Asking Price: $3,550,000
The renowned Bacchus Inn Bed & Breakfast, a charming Victorian masterpiece located at 719 Columbia Avenue, is now available for sale as a single-family residence. Situated in the heart of the historic district in Cape May, this elegant property offers unparalleled convenience, with close proximity to pristine beaches, the vibrant Washington Street Mall, and a wealth of local shops, cafes, and restaurants.
719 Columbia Avenue presents a unique opportunity for discerning buyers. Potential uses for the property include continuing the Bed & Breakfast tradition, transforming it into condominiums, creating a spacious family home, or developing a high-end vacation rental. The current property’s configuration has 11 bedrooms, 9 full bathrooms, and 1 half bathroom spanning approximately 3,623 square feet of living space.
As a potential vacation rental, 719 Columbia Avenue offers significant earning potential. Large house rentals comparable to this property with at least 8 bedrooms (sleeping 17+ guests) can command $8,000-$10,000 per week during peak season. Upgrades such as a modern kitchen, central air conditioning, and/or a pool can significantly increase rental income to $12,000-$16,000 per week during the peak season.
This remarkable property, situated on a spacious 75’ x 111’ lot, offers ample parking and the potential for further expansion. Whether you choose to maintain its Victorian elegance in the interior or embrace a more contemporary style, the Bacchus Inn provides a canvas for your unique vision. The asking price is $3,550,000.
Property showings are by appointment only for qualified buyers. Please contact Carol Menz, Broker of Record, of Coastline Realty for additional information. You can reach Carol directly at (609) 374-0325, the office (609) 884-5005, or by email (CarolMenz@CoastlineRealty.com).
