By Danielle Gomes
The luxury housing market in Atlantic City continues to grow. In June 2022, median home prices were up 35.1% compared to last year, according to realtor.com. “The Atlantic City market continues to be very strong, especially in the Lower Chelsea and Chelsea Heights areas. As a result, we are seeing home sale prices that I don’t think we’ve ever seen, particularly for renovated and new or newer homes,” says Brian Hiltner, Broker-Associate Realtor with the Hartman Home Team of Berkshire Hathaway Home Services, Fox & Roach Realtors.
This steady growth is due to several reasons. “Buyers that are looking to be closer to the beach, want more house for their money, and want to be close to the many amenities the Boardwalk or bay offer—have discovered Atlantic City. Four of five years ago, these buyers wouldn’t have even considered AC,” Hiltner says. There’s also a huge tax abatement in Atlantic City, which is a major draw for many buyers.
As a result, luxury home builders from Margate, Ventnor, and the surrounding areas have taken notice and expanded to Atlantic City, including Ben Chapman Development. After overseeing the construction of more than $100 million in real estate, Chapman’s latest project is in the Lower Chelsea neighborhood of Atlantic City. This new construction home will be located at 119 S. Kingston Ave., which is beach block and just five houses to the boardwalk and beach. It’s listed at $1.5 million.
Ben Chapman Development is regarded as one of the most desirable home builders serving the southern New Jersey area. Prized for attention to detail, quality product, tasteful finishes, and a deep understanding of the market, Ben Chapman has established an incomparable reputation. Specializing in real estate development and speculation, Ben Chapman takes a multifaceted approach to each project with the focus always on delivering a quality, market-appropriate product. 119 S. Kingston Ave. epitomizes Chapman’s home-building tradition.
This large luxurious beach block home offers five bedrooms and four-and-a-half baths with ocean views. High ceilings, hardwood flooring, custom woodwork throughout, including stunning coffered ceilings, custom wainscoting, and gorgeous crown molding, showcase Ben Chapman Development’s signature style. This home is shore luxury at its finest.
On the first floor, the large open floor plan will feature plenty of space to entertain. Guest can mingle in the open family room and gourmet kitchen. The kitchen will feature high-end stainless steel appliances, a large center island with ample counter seating, and a generous dining area. The first floor will be completed with a mud or utility room and a powder room, so that beach living can be enjoyed to its fullest. The second floor boasts five spacious bedrooms, including a generously-sized primary suite with a large walk-in closet and gorgeous ensuite bath. This spectacular new home also includes large front decks with stunning views of the beach, ocean, and boardwalk. This is the perfect place to enjoy your morning cup of coffee in the shade or late afternoon cocktails in the sun. There is a large two-car garage underneath the house. Additional amenities can easily be added if the buyer is interested. There’s room for an elevator and the oversized lot can accommodate an optional pool.
For more information on this listing contact Brian Hiltner at 609-487-7234 or go to HartmanHomeTeam.com