465 Cherry Ln, Mendham Borough, NJ, 07945
About This Home
Welcome to Cherry Lane, Mendham's most prestigious address, where this brand-new custom estate crowns 5.94 private acres with breathtaking, unobstructed views. Blending Colorado's rustic grandeur with NYC's sleek modern style, this dream home offers roughly 7,500 square feet of finished living space with 6 bedrooms and 5.1 bathrooms. Soaring ceilings, expansive windows, and an airy, open flow create the ultimate setting for both everyday living and grand entertaining. The dramatic great room stuns with 24-foot beamed ceilings and a striking fireplace, while the main level impresses with 12-foot ceilings, custom millwork, and seamless transitions throughout. A chef's kitchen showcases real-wood cabinetry with soft-close details, quartz countertops, Wolf appliances, and two oversized islands anchoring the dining and living areas. Hardwood oak floors span the first and second levels, accented by mosaic tile in the foyer and lower level. The primary suite is a private sanctuary with dual walk-in closets, dual vanities, a spa-like jet shower, and a soaking tub framed by natural light. Additional highlights include a private in-law suite with built-ins, radiant heated floors, a finished lower level with 10-foot ceilings and glass enclosed wine room. With three-zone HVAC and finishes curated from luxury suppliers, this one-of-a-kind true statement masterpiece delivers bold design, panoramic views, and the ultimate modern lifestyle in Mendham's most prestigious setting.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Under Construction
- New construction: Yes
- Year built: 2024
Materials
- Roof: Composition Shingle,Metal
- Construction materials: Clapboard,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Custom Home
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Gas Cooktop,Dishwasher,Kitchen Exhaust Fan,Microwave,Refrigerator,Wall Oven(s) - Electric,Water Softener Owned,Wine Refrigerator,Gas Water Heater
- Laundry features: Level 2
Basement
- Features: Bath(s) Other, Family Room, Inside Entrance, Rec Room
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full,Sump Pump
Bedroom1
- Level: Second
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Features: Living/Dining Combo
- Level: First
Family Room
- Level: First
Features
- Bedroom,Bedroom/Office,Storage Room
- Flooring: Wood
- Number of fireplaces: 2
- Fireplace features: Gas,Great Room,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: 3 Units,Forced Air,Natural Gas
- Cooling features: 3 Units,Central Air
Interior Area
- Total structure area: 7,500
- Total interior livable area: 7,500 sqft
Kitchen
- Features: Kitchen Island,Eat-in Kitchen
- Level: First
Living Room
- Level: First
Master Bathroom
- Features: Soaking Tub,Stall Shower And Tub
Property
Details
- Parcel number: 2318024010000000280000
Features
- Patio & porch: Patio
- Exterior features: Underground Lawn Sprinkler
Lot
- Lot size: 5.94 Acres
- Features: Corner Lot
- Lot size dimensions: 5.940 AC
Parking
- Total spaces: 8
- Parking features: 2 Car Width,Asphalt
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Uncovered spaces: 8
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
- Inland Flooding
- Winter Weather
- Cold Wave
- Lightning
- Strong Wind
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 | $22,754 | $273,048 |
| Home Insurance * | $1,597 | $19,164 |
| Property Taxes | $6,900 | $82,800 |
| Electricity | $826 | $9,921 |
| Total | $32,077 | $384,924 |
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 |
|---|---|---|
| 2026-03-22 | Price change | $15,000 |
| 2026-02-10 | Listed for rent | $12,500 |
| 2025-10-14 | Listed for sale | $4,500,000 |
| 2023-02-14 | Sold | $480,000 |
| 2022-10-25 | Pending sale | $450,000 |
| 2022-09-14 | Contingent | $450,000 |
| 2022-09-14 | Pending sale | $450,000 |
| 2022-08-06 | Listed for sale | $450,000 |
| 2021-12-03 | Pending sale | $450,000 |
| 2021-01-17 | Listing removed | -- |
| 2020-12-01 | Price change | $450,000 |
| 2020-08-18 | Price change | $575,000 |
| 2020-06-13 | Price change | $625,000 |
| 2019-04-10 | Price change | $580,000 |
| 2019-04-03 | Price change | $650,000 |
| 2019-03-22 | Listed for sale | $599,000 |
| 2017-01-19 | Listing removed | $599,900 |
| 2017-01-12 | Price change | $599,900 |
| 2017-01-09 | Listed for sale | $679,900 |
| 2016-03-28 | Listing removed | $679,900 |
| 2016-02-04 | Listed for sale | $679,900 |
| 2016-01-07 | Pending sale | $679,900 |
| 2015-11-22 | Price change | $679,900 |
| 2015-09-30 | Listed for sale | $739,900 |
| 2014-12-04 | Listing removed | $739,000 |
| 2003-08-08 | Sold | $1,075,000 |
| 2000-04-20 | Sold | $842,500 |
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