• 176 days on site
  • 9 views

Have you been searching for a home by the beach with privacy, potential, and the chance to make it your own? Opportunities like this are rare in Island Heights. Situated on an oversized wooded lot, 206 Lake Avenue offers a unique opportunity for the buyer who is ready to invest in a home with character and create something special over time. This property is in need of TLC and is ideal for someone who understands the value of personalizing a home while building equity in a desirable shore-town location. Whether you envision a weekend getaway, future retirement home, or full-time residence near the water, this home provides a strong foundation and exciting potential. Interior features include a spacious living room with hardwood floors, built-in shelving, and a wood-burning fireplace A bonus flex room off the attached two-car garage offers additional space for a home office, gym, or creative use. Previously, this space was approved for a signing business. Outside, the large storage shed is perfect for storing bikes, kayaks, and beach essentials. The wooded lot adds a welcome sense of privacy, while the surrounding neighborhood showcases beautifully maintained homes and ongoing new construction. Island Heights is loved for its riverfront setting, coastal charm, tree-lined streets, and easy access to summer activities including fishing, surfing, and boating. 206 Lake Avenue is being Sold As is and presents an excellent opportunity to enjoy shore-town living while creating a home that is uniquely yours.

Source: Monmouth Ocean Regional MLS, MLS#: 22537474

Listing provided courtesy of Katora Realty, LLC- MLS# 22537474MLS Provider
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  • Property Type
    Residential
  • Lot
    0.76 acres

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Joe DeLorenzo

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 206 Lake Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/19/2026Source: Monmouth Ocean Regional MLS Price Reduction
$687,000 -1.7%
1/8/2026Source: Monmouth Ocean Regional MLS Status Change
Active
1/5/2026Source: Monmouth Ocean Regional MLS Added to Database
January 05, 2026