1201 Koa DriveForked River, NJ 08731

Single Family · 3 Beds · 3 Full Baths · 2,791 Sq. ft. | 0.13 Acres
$649,900 Active

1201 Koa Drive Overview

Time on Site:
76 days
Visits:
1

BRAND NEW BULKHEAD BEING INSTALLED!! 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. Don't miss this unique chance to transform a prime waterfront location into something truly special!

Listing provided courtesy of Coldwell Banker Realty- MLS# 22610317MLS Provider
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1201 Koa Drive Facts & Features

  • Type Single Family
  • Sq. ft. 2,791
  • Price/Sq.ft. $233
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • High School: Lacey Township

Building Information

  • New Construction: No
  • Year Built: 1988

Location/Region

  • County Or Parish: Ocean
  • MLS Area Major: Forked River
  • MLS Area Minor: Lacey (LAC)
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: $10,193.00
  • Tax Assessed Value: $372,700.00
  • Tax Year: 2025

General Information

  • Exclusions: Personal items
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Garage Door Opener
  • Parcel Number: 13-00181-0000-00012
  • Pets Allowed: Dogs OK, Cats OK
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 2791.0

General Information

  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile
  • Foundation Details: Slab
  • Interior Features: Balcony
  • Living Area: 2791.0
  • Rooms Total: 7
  • Stories: 3
  • Window Features: Bay/Bow Window

Exterior

Parking Information

  • Parking Features: Driveway, Oversized, Workshop in Garage

Lot Information

  • Lot Features: Corner Lot, Bulkhead, Lagoon
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Square Feet: 5662.8
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Cape
  • Attached Garage: Yes
  • Roof: Shingle

General Information

  • Exterior Features: Dock
  • Sewer: Public Sewer

Room Information

Room: Bedroom

  • Level: Second
  • Dimensions: 13 x 10
  • Length: 13.00
  • Width: 10.00

Room: Dining Room

  • Level: Second
  • Dimensions: 12 x 12
  • Length: 12.00
  • Width: 12.00

Room: Kitchen

  • Level: Second
  • Dimensions: 12 x 10
  • Length: 12.00
  • Width: 10.00

Room: Living Room

  • Level: Second
  • Dimensions: 23 x 20
  • Length: 23.00
  • Width: 20.00

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 16 x 12
  • Length: 16.00
  • Width: 12.00

Room: Bedroom

  • Level: Third
  • Dimensions: 12 x 11
  • Length: 12.00
  • Width: 11.00

Room: Family Room

  • Level: Third
  • Dimensions: 19 x 16
  • Length: 19.00
  • Width: 16.00

1201 Koa Drive Neighborhood

Community

08731 (Forked River) Demographics

43
Median Age
407
Population Density (per sq. mile)
37%
College Educated
$81,650
Estimated Median Income
6,977
Estimated Total Home Owners
986
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1201 Koa Drive Market Data

Based on the last 30 days in this zip code

$638,579
Average List Price
$376
Average Price per Square Foot
7
Properties Sold
58
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

1201 Koa Drive History

Date Event Value Agent
6/20/2026Source: Monmouth Ocean Regional MLS Price Reduction
$649,900 -10.9%
4/17/2026Source: Monmouth Ocean Regional MLS Status Change
Active
4/15/2026Source: Monmouth Ocean Regional MLS Added to Database
April 15, 2026