$21,000,000

A rare and extraordinary opportunity to own approximately 4 acres of premier oceanfront and boardwalk-front land in the heart of Atlantic City’s historic Lower Chelsea area—known as the highest point on the island. Perfectly positioned along one of the most iconic stretches of coastline, this expansive parcel offers unmatched visibility, direct beach access, and endless development potential. This unique property offers the potential to develop 10 luxury oceanfront townhomes on generously sized lots. Each residence could rise approximately 50 feet (4.5 stories) and feature private garages, elevators, 4 bedrooms, 4.5 baths, and stunning rooftop decks designed to capture panoramic ocean and boardwalk views. The remaining portion of the property provides the opportunity to build an additional 48 townhomes in the same upscale style, creating a cohesive, high-end residential community with strong income and resale potential. Adding to its exceptional value, the property features a rare 15-year tax abatement, a highly attractive benefit that enhances its appeal to buyers and supports strong future resale potential. Surrounded by world-class resorts, entertainment, dining, and nightlife, this prime location is ideal for a high-end residential enclave. With sweeping ocean vistas and immediate access to the historic boardwalk, this property combines prestige, scale, and irreplaceable positioning. Large, contiguous parcels of this caliber are exceedingly scarce—making this truly a once-in-a-lifetime investment opportunity in one of the East Coast’s most recognizable destinations. Don’t miss the chance to create something exceptional on Atlantic City’s most coveted waterfront.