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151 Lookout Rd, Mountain Lakes, NJ, 07046

7beds
5baths
6,800sqft
$2,499,999
$368price/sqft
$19,151/moest. monthly cost
$766,040/yrincome needed

About This Home

Nestled in the Hill Section of Mountain Lakes this stunning Grand Manor Hapgood blends refined, comfortable living with resort style amenities. The expansive 7 bedroom, 5 bathroom home offers exceptional space 6500 square feet + and thoughtful design, perfect for both everyday living and entertaining. The home sits on over 1 acre of land backing to the Tourne Park. At the heart of the home is a beautifully appointed kitchen a true chef's dream. In addition a private office that overlooks the backyard and provides the ideal work-from-home retreat, filled with natural light and a private balcony. The bedrooms are all oversized with ample closet space and a primary en-suite that offers everything! All bathrooms have been completely updated with quality finishes and construction. Designed with lifestyle in mind the new home addition blends seamlessly with the old but brings a fully equipped gym, media room, billiard room and a unique speakeasy style pub- perfect for hosting guests or unwinding in style. Step outside to a versatile sports court for pickleball, basketball, tennis or hockey. Then enjoy the new hot tub or relax around the fire pit. The entire yard offers both space and privacy making it ideal for entertaining or just relaxing. See for yourself why this home delivers the perfect combination of elegance, functionality and recreation all set in the sought after community of Mountain Lakes which boasts top rated schools, outdoor space and close proximity to NYC.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

8/10
8/10
9/10

Construction

Condition

  • Year built: 1919

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Stucco

Notable Dates

  • Major remodel year: 2011

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Central Vacuum,Gas Cooktop,Dishwasher,Disposal,Dryer,Generator-Built-In,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Washer,Wine Refrigerator,Gas Water Heater
  • Laundry features: Level 2

Basement

  • Features: BathOthr,Exercise,GameRoom,Media,RecRoom,Utility,Walkout,Workshop

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedroom1

  • Level: Second
  • Area: 375

Bedroom2

  • Level: Second
  • Area: 195

Bedroom3

  • Level: Second
  • Area: 192

Bedroom4

  • Level: Third
  • Area: 270

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 224

Family Room

  • Level: First
  • Area: 418

Features

  • Central Vacuum,Office,Media Room,Game Room
  • Window features: Thermal Windows/Doors,Blinds
  • Flooring: Stone,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 4+ Units,Baseboard - Hotwater,Forced Air,Natural Gas
  • Cooling features: 4+ Units,Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 6,800
  • Total interior livable area: 6,800 sqft

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen,Pantry,Separate Dining Area
  • Level: First
  • Area: 580

Living Room

  • Level: First
  • Area: 350

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2325000420000000010000
  • Zoning description: Residential
  • Other equipment: Generator-Built-In,Generator-Hookup

Features

  • Patio & porch: Deck,Open Porch(es),Patio
  • Exterior features: Barbecue,Tennis Court(s)
  • Has spa: Yes
  • Spa features: Heated,Bath,Hot Tub
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 1.14 Acres
  • Features: Backs to Park Land,Level
  • Lot size dimensions: 1.139 AC

Parking

  • Total spaces: 7
  • Parking features: 2 Car Width,Additional Parking,Asphalt,Circular Driveway,Attached Garage,Attached Carport,Garage Door Opener,Garage,Underground,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 7
  • Carport: Yes

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

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance *$733$8,796
Property Taxes $5,028$60,336
Electricity $749$8,995
Total$19,151$229,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$656,605/yr
40% on housing$574,530/yr
45% on housing$510,693/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$368This listing

vs Other Active Listings

Avg $/sqft

ZIP 07046$563
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07046$381
Morris County$367

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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$2,749,000
2005-01-24Sold$1,530,000
1998-05-28Sold$755,000

For Sale by Agent

AgentMargaret Dawn Smith
BrokerageWeichert Realtors

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