A newly completed oceanfront estate at 5499 Dune Drive hit the market this week for $23.95 million.
The number grabs attention. The uniqueness of the lot helps explain the ask.
The property, according to the Cape May County MLS listing, occupies one of just 11 original High Dunes parcels, a stretch of oceanfront land that ranks among the rarest on Seven Mile Island.
The home spans 7,926 square feet and includes six bedrooms, seven full baths and three half baths.
Completed in 2025, the property also features a pool, gym, sauna, elevator and multiple outdoor living areas.
The 140-by-205-foot lot sits directly on the ocean in Avalon’s High Dunes section.
The asking price makes it the highest-priced active home listing in Avalon and places it among the most expensive homes currently on the Jersey Shore market.
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