2 Whitney Way
About This Property
Nestled on a private road and set on over an acre of lush, meticulously landscaped grounds, this exceptional estate home, built in 2024, defines the pinnacle of coastal luxury living. Located just steps from the beach and the charming Old Ocean Blvd. in the coveted Town of Ocean Ridge, this home offers unparalleled privacy, sophistication, and modern elegance. With only one neighboring home, the setting provides a serene oasis, perfect for those seeking a quiet, exclusive lifestyle.
Featuring 5 spacious bedrooms and 5 beautifully designed bathrooms, the open-concept floor plan seamlessly blends both functionality and style. Designed to today's highest standards, this residence exudes elegance at every turn, from the soaring ceilings to the exquisite finishes throughout. The home's expansive living areas are bathed in natural light, thanks to large windows and glass doors that bring the outdoors in.
The gourmet kitchen is a chef's dream, outfitted with custom wood cabinetry, stunning Quartz slab countertops, and top-tier appliances, including Sub-Zero and Wolf brands. Whether preparing casual meals or hosting elaborate dinner parties, this kitchen offers the perfect setting for culinary creations.
Floating staircases with sleek frameless glass railings lead to the second floor, where spacious bedrooms and living areas offer both luxury and comfort. The master suite is a true sanctuary, offering serene views, a spa-like bathroom, and a custom walk-in closet designed for the most discerning of buyers.
For those who love to entertain, the home features a generous covered terrace, ideal for outdoor living and dining, with a built-in fireplace and BBQ area. The outdoor space is complete with a stunning swimming pool and spa, offering panoramic views of the adjacent Ocean Ridge Natural Area, an exclusive preserve perfect for kayaking, paddleboarding, and wildlife exploration.
Technologically advanced, this estate includes a comprehensive structured wiring package, a Wi-Fi-enabled alarm system, Luma security cameras, and a Control4 video doorbell system compatible with both iOS and Android devices. The home is also pre-wired for automated shades throughout, allowing you to effortlessly control the ambiance at the touch of a button.
With its unparalleled design, exceptional amenities, and prime location, this estate embodies the very best of coastal living in Ocean Ridge. Don't miss the chance to make this luxurious residence your own private retreat by the beach.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed by The Corcoran Group | $5,499,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Unparalleled Brand-New Estate in Ocean Ridge - A Coastal MasterpieceNestled on a private road and set on over an acre of lush, meticulously landscaped grounds, this exceptional estate home, built in 2024, defines the pinnacle of coastal luxury living. Located just steps from the beach and the charming Old Ocean Blvd. in the coveted Town of Ocean Ridge, this home offers unparalleled privacy, sophistication, and modern elegance. With only one neighboring home, the setting provides a serene oasis, perfect for those seeking a quiet, exclusive lifestyle.Featuring 5 spacious bedrooms and 5 beautifully designed bathrooms, the open-concept floor plan seamlessly blends both functionality and style. Designed to today's highest standards, this residence exudes elegance at every turn, from the
| |||
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Dec 7, 2017 | Sold | ||
| Sold | |||
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About Ocean Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017