4 Grenada Ln, Ocean City, NJ, 08226
About This Home
Best Buy on the BAY! Luxury Lagoon Front Living in the Riviera! Located on prestigious Salvador Harbor, this brand-new custom single-family home offers the ultimate in waterfront living. Designed by Thomas/Bechtold Architecture and built by Ocean City’s premier builder, Price Brothers, this 2.5-story residence features 5 bedrooms, 5.5 baths, and exquisite craftsmanship throughout. Highlights include a chef’s gourmet kitchen with an oversized island, top-of-the-line appliance package, custom cabinetry, wet bar, and a 4-stop elevator with detailed millwork. Beautiful hardwood floors run throughout the home. Exterior features are equally impressive: NuCedar shake siding, single seam metal roofing, brick foundation, stainless steel cable railings with mahogany caps, multiple decks, an enclosed outdoor shower, and a gunite pool. Enjoy a 2-car garage and private boat slip—all just steps from your back door. This is a rare opportunity to own a one-of-a-kind waterfront home in one of Ocean City’s most exclusive neighborhoods. For a virtual tour, please visit https://vimeo.com/1061963806?share=copy#t=0
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2025
Materials
- Construction materials: Vinyl
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Gas Stove,Microwave,Refrigerator,Self Cleaning Oven,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Carbon Monoxide Detector,Cathedral Ceiling(s),Elevator,Kitchen Island,Walk-In Closet(s),Pantry
- Fireplace features: Gas Log,Living Room
- Fireplace: Yes
- Attic: Storage
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Multi-Zoned
- Cooling features: Ceiling Fan(s),Central Air,Multi-Zoned
Interior Area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Accessibility
- Accessibility features: Elevator
Details
- Parcel number: 2
Features
- Levels: 3 Story
- Stories: 3
- Pool features: In Ground
- Patio & porch: Deck
- Exterior features: Boat Slip,Deck,Fenced Yard,Pool-In Ground,Sprinkler System
- Fencing: Fenced
- Has view: Yes
- View description: Bay,Lagoon Front
- On waterfront: Yes
- Waterfront features: Bay Front,Lagoon Front
- Frontage type: Bay/Harbor,Lagoon/Estuary
Lot
- Lot size dimensions: 50/100
Parking
- Total spaces: 2
- Parking features: Assigned,Parking Pad,Attached Garage,Auto Door Opener,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Strong Wind
- Hurricane
- Inland Flooding
- Winter Weather
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $29,808 | $357,696 |
| Home Insurance * | $1,205 | $14,460 |
| Property Taxes | $5,550 | $66,600 |
| Electricity | $462 | $5,555 |
| Total | $37,025 | $444,300 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-19 | Listed for sale | $5,895,000 |
| 2025-12-01 | Listing removed | $5,995,000 |
| 2025-06-09 | Price change | $5,995,000 |
| 2025-03-03 | Listed for sale | $6,495,000 |
| 2024-08-14 | Listing removed | $4,999,000 |
| 2024-05-18 | Price change | $4,999,000 |
| 2024-05-07 | Price change | $4,900,000 |
| 2023-09-11 | Listed for sale | $4,899,000 |
| 2022-11-01 | Listing removed | -- |
| 2022-05-09 | Price change | $2,050,000 |
| 2022-04-29 | Price change | $3,899,000 |
| 2022-04-29 | Price change | $2,099,900 |
| 2022-03-11 | Price change | $2,199,900 |
| 2021-10-04 | Listed for sale | $2,250,000 |
| 2001-04-26 | Sold | $574,000 |
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