505 ISLAND HOUSE RD, Bethany Beach, DE 19930

$1,075,000

Est. payment -/mo

$1,150,000

6.5%

Est.Price: ?

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3 Beds

2 Baths

1,070 SqFt

SOLD DATE : 05/03/2024

Key Details

Sold Price $1,075,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,070 sqft

Price per Sqft $1,004

Subdivision Sea Colony East

MLS Listing ID DESU2053664

Sold Date 05/03/24

Style Coastal

Bedrooms 3

Full Baths 2

Condo Fees $3,100/qua

HOA Fees $241/qua

HOA Y/N Y

Abv Grd Liv Area 1,070

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $1,369

Tax Year 2023

Property Description

Oceanfront point unit in Sea Colony's southern most building, Island House. This is a prime floor, location and view. There are very few locations as desirable as this one, in all of Sea Colony East. From your balcony, gaze east to see the sunrise over the ocean, or watch the waves roll in, look south to see the shoreline stretch on for miles. Views from the living room and owner's bedroom. You will not see other Sea Colony high rises from this location. Enjoy easy access to 2 elevators to bring you up from parking to your new oceanfront home. 3 bedroom 2 bath furnished as a 2 bedroom and den.
Same size properties have done $50,000. in Gross rental income, this home has never been rented but would make a great rental. Extensive amenities meticulously maintained. Award winning tennis and pickle ball indoor and outdoor courts. 18000 SF Fitness Center with personal trainers, fitness classes, and weight and cardio room plus full gym. 12 swimming pools, 2 indoor. All situated on pristine 1/2 mi beach walking distance to downtown Bethany, and its quaint boardwalk and award winning restaurants.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning AR-1

Direction West

Rooms

Main Level Bedrooms 3

Interior

Interior Features Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Primary Bedroom - Ocean Front

Hot Water Electric

Heating Forced Air

Cooling Heat Pump(s)

Flooring Carpet, Ceramic Tile

Equipment Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater

Furnishings Yes

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater

Heat Source Electric

Exterior

Exterior Feature Balcony

Garage Additional Storage Area, Covered Parking

Garage Spaces 1.0

Parking On Site 1

Utilities Available Cable TV, Phone Available

Amenities Available Basketball Courts, Beach, Common Grounds, Community Center, Exercise Room, Fitness Center, Hot tub, Jog/Walk Path, Lake, Picnic Area, Pool - Outdoor, Pool - Indoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Transportation Service, Water/Lake Privileges

Waterfront Y

Waterfront Description Sandy Beach

Water Access Y

Water Access Desc Private Access,Swimming Allowed

View Ocean

Roof Type Metal

Accessibility Elevator

Porch Balcony

Total Parking Spaces 1

Garage Y

Building

Story 1

Unit Features Hi-Rise 9+ Floors

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Indian River

Others

Pets Allowed Y

HOA Fee Include Bus Service,Common Area Maintenance,Health Club,High Speed Internet,Insurance,Lawn Maintenance,Management,Pool(s),Recreation Facility,Reserve Funds,Road Maintenance,Security Gate,Trash

Senior Community No

Tax ID 134-17.00-56.07-505

Ownership Condominium

Security Features 24 hour security

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Don Perrin

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Listed by Ann Baker • Long & Foster Real Estate, Inc.
Bought with Kim Gundy • Long & Foster Real Estate, Inc.

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655