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(732) 444-8622 Keller Williams Realty

123 S Lake Drive, Lakewood, NJ 08701

New Listing
$1,500,000
Property Type: Residential Bedrooms: 6 Baths: 6.1 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $1,500,000 List Date: 10/11/2026 Last Modified: 10/14/2026

Overview

Description

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.

Supplements: 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 p ...

Listing Details MLS# 22632151

Contract Info

Property Sub-Type
Single Family Residence
Sub-Type
Detached

Location

House Number
123
Dir.
S
Street Name
Lake
Street Suffix
Drive
County
Ocean
Municipality
Lakewood (LKW)
Postal City
Lakewood
State
NJ
Zip Code
08701
Area/Section
None
Complex/Subdivision
None
Middle School
Lakewood
Directions
Madison Ave to Central Ave. Right on S lake Drive

General Property Info

Full Baths
6
Half Baths
Yes
Total Baths
6.1
Basement
No
# Levels
3
Apx Year Built
2005
Garage
Yes
# Car Garage
2
Acreage
0.34
Lot Dimensions
100 x 147
HOA
No
Pool
No
Waterfront
Yes
Waterview
Yes
Farm
No
Rooms
10

Tax and Legal

Asmnt - Total
359600
Farm Assessed
No
Deed Restricted
No
App Escrow Required
No
Special Assessment
No
Taxes
9303
Tax Year
2025

Ownership Type

Fee Simple
Yes

Style

Mediterranean
Yes

More Information

Zoning

Single Family
Yes

Water Type

Lake Front
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Basement

Slab
Yes

Cooling

Other
Yes

Water Heater

Other - See Remarks
Yes

Heating

See Remarks
Yes

Exterior

Balcony
Yes
Porch - Open
Yes

Garage

Attached
Yes

Assessment Status

Assessment - N/A
Yes

Roof

Other
Yes

Management Type

No Management
Yes

Property Features

Ownership Type: Fee Simple Style: Mediterranean Basement: Slab Cooling: Other Heating: See Remarks Water Heater: Other - See Remarks Exterior: Balcony; Porch - Open Garage: Attached Roof: Other Zoning: Single Family Water Type: Lake Front Management Type: No Management Assessment Status: Assessment - N/A
IDX
Listing Office: Toma Real Estate
Listing Agent: Joel Friedman
Source MLS Verified
Last Updated: October - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.