1201 Koa Drive
Forked River, NJ 08731
3
Bed
3
Bath
2,791Sqft
0.13Acre(Lot)
Rare waterfront opportunity! This 3-bedroom home with additional sitting area and 3 full bathrooms is a true diamond in the rough, perfectly situated on a large corner property with stunning lagoon views. The home features a spacious sitting room with a fireplace overlooking the water-an ideal space to create your dream retreat. The first level has already been gutted, offering a blank canvas ready for renovation and customization to your taste. Being sold strictly as-is, this property presents incredible potential for investors, builders, or buyers looking to design their own waterfront oasis. Added value: the bulkhead is already under contract to be replaced, saving you time and expense. Don't miss this unique chance to transform a prime waterfront location into something truly specia
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 7 -
Flooring Information
Carpet, Tile -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Dishwasher, Dryer, Refrigerator, Cooktop, Washer, Gas Water Heater Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Electric, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Electric, Central Air
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Building Information
Year Built: 1988 Building Area Total: 2791 Stories: 3 Patio And Porch Features: Deck Private Pool: No Water front Features: Lagoon View: Water -
Exterior Features
Exterior Features: Balcony, Dock
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Lot Information
Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8 Lot Description: Corner Lot, WaterfrontProperty Information
Subdivision: None Source Property Type: Residential MLS Area Minor: Lacey (LAC) Zoning Description: Residential Property SubType: Single Family Residence Property Age: 38
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Listing Price Information
Listing Price: $729000 FHA, Conventional, VA Loan
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Tax Information
Parcel Number: 13-00181-0000-00012 Tax Lot: 12 Tax Block: 181 Tax Year: 2025 Annual Tax: $10193
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Parking Information
Garage Door Opener, Driveway, Oversized, Workshop in Garage, AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: Dogs OK, Cats OK
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School Information
Elementary School:Junior High School:Senior High School: Lacey Township -
Location Information
Direction: Route 9 to Beach Blvd to Koa WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Windward Drive, Forked River, NJ, 08731 | $1,800,000 | 5 | 4 | 2,549 | 2,549 SqFt |
| 1116 Capstan Drive, Forked River, NJ, 08731 | $1,950,000 | 5 | 4 | 4,367 | 4,367 SqFt |
| 1026 Montauk Drive, Forked River, NJ, 08731 | $1,225,000 | 4 | 4 | -- | |
| 1026 Montauk Drive, Forked River, NJ, 08731 | $1,225,000 | 4 | 4 | -- | |
| 958 Capstan Drive, Forked River, NJ, 08731 | $1,125,000 | 3 | 2 | 2,000 | 2,000 SqFt |
| 835 Anchor Drive, Forked River, NJ, 08731 | $1,490,000 | 6 | 5 | 3,716 | 3,716 SqFt |
| 810 Leeward Drive, Forked River, NJ, 08731 | $715,000 | 3 | 2 | -- | |
| 905 Montauk Drive, Forked River, NJ, 08731 | $549,000 | 3 | 2 | 1,206 | 1,206 SqFt |
| 908 Shenandoah Drive, Forked River, NJ, 08731 | $1,299,999 | 5 | 3 | 3,184 | 3,184 SqFt |
| 715 Richmond Drive, Forked River, NJ, 08731 | $699,000 | 2 | 2 | 1,232 | 1,232 SqFt |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
ByOwner last updated this listing 06/09/2026 @ 13:52
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