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Burlington 08055
21 E CENTENNIAL DRIVE
$2,995,000
● House - Off Market

21 E CENTENNIAL DRIVE

MEDFORD, NJ 08055
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
7,968 Ft²
$17,324
Est. Monthly
$38
HOA / Fees
-0.02%
Cap Rate

About This Property

Luxury Lakefront Estate with Guest Cottage on over 2 Acres. Welcome to your private lakefront retreat-an exceptional, fully renovated estate set on 2.5 acres of pristine land, offering unparalleled serenity,  craftsmanship, and space. This luxurious residence is thoughtfully designed for both grand entertaining and comfortable everyday living, featuring sweeping views of the lake from nearly every room. This expansive 5-bedroom home features 4 full bathrooms on the second floor-three of which are en-suite, while one is shared between two bedrooms-along with an additional full bathroom and a half bath on the first floor for added convenience. The primary suite is a private sanctuary, complete with recessed lighting, tray ceiling, ceiling fan, his-and-hers walk-in closets with custom built-ins, and a spa-inspired en suite bath featuring a soaking tub, glass stall shower, dual vanities, and breathtaking lake views. The heart of the home is the gourmet kitchen, equipped with top-of-the-line stainless steel appliances including a double Thermador oven, Thermador gas range, Fisher & Paykel dishwashers, ice maker, two wine fridges, a beverage refrigerator and two sinks.  A connecting butler's pantry offers even more storage and convenience with its own Sub-Zero refrigerator, dishwasher, and additional sink.  Adjacent to the kitchen, the family room features soaring vaulted ceilings and flows into the living room via a stunning double-sided wood-burning fireplace, creating a warm and inviting atmosphere. The dining room, located just off the grand front entrance includes a gas fireplace for cozy gatherings, while a professional office sits to the left of the entry-ideal for work-from-home living.  The first level also features a sunken great room with wood burning fireplace, a refurbished fireplace mantle, slate heated flooring, and is situated right off of the kitchen.  Through the GREAT room you enter the fitness room with slider doors out to the backyard area. A versatile bonus room can serve as a second office or playroom. A game room in the

same wing provides the perfect setting for watching sporting events with family and

friends.  Upstairs, a second-floor laundry room offers added convenience, accessible from both a

bedroom and the main hallway.  This home is loaded with premium features including oak and slate flooring throughout, 225 feet of brand-new bulkhead lakefront, whole-home surround sound and Wi-Fi

boosters, generator, a central alarm and full security system with cameras, and four-zone HVAC in

the main residence. Parking and storage are abundant with a two-car attached garage

featuring an EV charger, and a separate three-car detached garage with a large space

above-ideal for storage, a studio, or future finished space.

The separate two-bedroom guest cottage and in-law suite offers its own private driveway

entrance, separate well and septic system, and features oak flooring, stainless steel

appliances, recessed lighting, a spacious sitting area, and sliding doors leading to its own

private patio overlooking the beach. The cottage also boasts a large kitchen with center

island and its own dedicated HVAC system, making it an ideal setup for guests, extended

family, or rental income.

With elegant finishes, thoughtful design, and peaceful lakefront living, this one-of-a-kind

property is the perfect blend of privacy, luxury, and comfort.
Unit Size
7,968 Ft²
Days on Market
-
Land Size
2.11 acres
Price per sqft
$370
Property Type
House
Property Taxes
$2,801
HOA Dues
$38
Year Built
1952

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Last updated: 2 years ago (Bright MLS #NJBL2092024)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Sold
Aug 29, 2025 In contract -
In contract
Aug 4, 2025 Listed by BHHS Fox & Roach - Haddonfield $2,950,000
Listed by BHHS Fox & Roach - Haddonfield
Dec 12, 2017 Sold
Sold
Apr 26, 2017 Listed by Keller Williams Realty - Medford $999,900
Listed by Keller Williams Realty - Medford
Here is your chance to own this once in a lifetime treasure, rarely offered. This Frank Lloyd Wright inspired private lakefront estate nestled among the pines sits majestically on sought after Centennial Lake. This gem could easily be featured in an architectural digest style magazine with its incredible use of space, material & location. 340' of water frontage surrounded by a stone wall sitting at the widest part of the lake boasting breathtaking views. The estate comprises a unique one of a kind ranch style home, a charming completely separate guest cottage, three car detached garage w/ finished room atop, screen house, boat house style shed, potting shed, multiple patios, diving board, beach & play area. The resplendent main house features an enormous cathedral ceiling beamed great room with two huge sliding glass doors that slide away opening the outside in. A true marvel complete with slate floor, ornate wood floor inset, stone fireplace & many hidden doors & features. The floor plan of the entire ranch home was created just for grand entertaining inside and outside. Well thought out sliding glass doors placed in the great room, French doors in the dining, kitchen & family room all open to either the back yard, patio covered pergola or the slate tiled terrace ? all with lake views. Tray ceiling dining room with coordinating hand painted walls and elegant chandelier, custom built in lighted display china closet. Light, bright and airy best describes the gourmet kitchen open to the breakfast room. White kitchen cabinetry, coordinating corian counter top, tile backsplash, high end full appliance package including SS subzero refrigerator, double oven, electric cook top, ss dishwasher, multiple sinks & pantry. Service hall - storage, laundry room & powder room. Vaulted ceiling room with beautiful mouldings and lighting accents features hot tub, custom cabinetry and TV cabinet. The family room is open to the kitchen & breakfast room. The quiet bedroom wing houses four beautifully appointed bedrooms and two full Luxury bathrooms. Lakeside Master Bedroom with generous closets, huge bathroom and soaking tub. Guests (in law or au pair suite) will enjoy their own slice of lakefront heaven in the 1 bedroom 1 bath cottage with living room open to the cathedral kitchen, laundry & storage. Lush sprinkler fed landscaped grounds including a rock garden & ornamental gazebo. The house and grounds have been meticulously maintained and include recent upgrades.

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,912
  • Total Building Area: 3,856
  • Building Area: 3,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,856
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002110
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Medford Township School District
  • Census Tract: 703804

Geography

  • Account Number: 05976000
  • District: 20
  • Parcel: 20 06204-0000-00004- 02
  • Block: 6204
  • Lot: 4.02
  • Municipality: MEDFORD TWP
  • Latitude: 39.8375
  • Longitude: -74.8473

    Address

  • Full Address: 21 E Centennial Dr
  • Address - House Number: 21
  • Street Direction: E
  • Address - Street Name: Centennial
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Medford
  • Carrier Code: R027
  • 4-Digit Zip Code: 8138
  • Zip Code: 08055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,077,750

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 75
  • Final Value: 1,221,855
  • High Value: 1,450,245
  • Low Value: 993,465

    Market Valuation

  • Market Total Value: $947,000
  • Market Land Value: $249,300
  • Market Improvement Value: $697,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $947,000
  • Assessed Land Value: $249,300
  • Assessed Improvements Value: $697,700

    Sales

  • Current Sale Contract Date: Dec 06, 2017
  • Current Sale Recording Date: Dec 20, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13313-5038
  • Previous Sale Recording Date: Mar 20, 1995
  • Previous Sale Contract Date: Mar 15, 1995
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


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Nearby Rentals

Unit for rent at 39 Five Crown Royal, MARLTON, NJ, 08053

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,387 ft²
39 Five Crown Royal, MARLTON, NJ, 08053 Listing by Neil Vogel


Frequently Asked Questions

When was property at 21 East Centennial Drive built and last sold?
The property at 21 East Centennial Drive was built in 1952 and last sold on Dec 6, 2017 for $890,000.
How much is this home worth?
The estimated value of the home located at 21 East Centennial Drive is $2,979,500.
What are some comparable homes to 21 East Centennial Drive?
There are currently no comparable homes to 21 East Centennial Drive.