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505 Island House Road, Bethany Beach, DE 19930
$1,075,000
505 Island House Road, Bethany Beach, DE 19930View this property at 505 Island House Road, Bethany Beach, DE 19930
505 Island House RoadBethany BeachDE19930
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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.
Full Property Details
Full Property Details for 505 Island House Rd
General
- Sold For: $1,075,000
- HOA FEE: $242/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,369 (2023)
- Status: Closed
- Type: Condo
- MLS ID: DESU2053664
- Added to Site: 142 day(s) ago
Interior
- Interior Features: Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Primary Bedroom - Ocean Front
- Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
- Furnished: Yes
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: 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
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: 24 hour security
Exterior
- Exterior Features: Exterior Lighting, Street Lights
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Assigned Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Paved Parking, Secure Parking
- Parking Type: Parking Lot, Parking Garage
- Garage Description: Additional Storage Area, Covered Parking
Location
- Area: Baltimore Hundred (31001)
- County: Sussex
- Development Name: Sea Colony East
- Subdivision: Sea Colony East
- Building Name: Sea Colony Island House
- Driving Directions: Take Southern entrance into Sea Colony East, Island House is the Southern most building. Off season upkeep going on currently, park under Island House building, enter the lobby from under the building, take elevator to 5th floor, take a right, first hallway to the right.
- Direction Faces: West
- Location Details: Oceanfront
School Information
- School District: Indian River
Community
- Association: Yes
- Assoc. Name: VACASA
- Assoc. Fees 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
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 100 Feet
- Utility Description: Cable TV, Phone Available
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Structure Type: Hi-Rise 9+ Floors
- Builder: Carl M Freeman
- Construction: Concrete, Stone, Masonry
- Roof: Metal
- Common Walls: 2+ Common Walls
- Walls/Ceilings: Dry Wall
- Entry Floor Number: 1
- Elevator(s ): 2
- Stories/Levels: 5
- Stories Description: Main
- Square Feet: 1,070
- Sq. Ft. Source: Estimated
- Living Area: 1,070 Sq. Ft.
- Year Built: 1981
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Unit Floor in Bldg.: 1
Additional Structures
- Other Structures: Shed
Lot Features
- Property View: Ocean
- Zoning: AR-1
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Private Access, Swimming Allowed
- Water Front Type: Ocean
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $1,074.77
- Association Fee: $725
- Assoc Fee Freq.: Quarterly
- Assessment Year: 2023
- School Tax: $1,222
- County Tax: $149
- County Tax Freq: Annually
- Tax Amount: $1,369
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Exclusions: Linens, Wall Hangings, Decorative items
- Inclusions: Furnished
Listed by Long & Foster Real Estate, Inc., Ann Baker
Sold by Long & Foster Real Estate, Inc., Kim Gundy
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Schools
Schools serving 505 Island House Rd
School District:Indian River School District
Rating | Name | Grades | Distance |
---|---|---|---|
120 Atlantic Ave, Ocean View, DE 19970 | PK-5 | 2.7 mi | |
80 Bethany Rd, Selbyville, DE 19975 | 6-8 | 9.5 mi | |
29772 Armory Rd, Dagsboro, DE 19939 | 9-12 | 9.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Island House Rd
Date
Details
Price
Change
Source
5/03/2024
Sold
$1,075,000
-6.52%
MLS
1/05/2024
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 Island House Road, Bethany Beach, DE 19930 (MLS# DESU2053664) is a Condo property that was sold at $1,075,000 on May 03, 2024. Want to learn more about 505 Island House Road? Do you have questions about finding other Condo real estate for sale in Bethany Beach? You can browse all Bethany Beach real estate or contact a Coldwell Banker agent to request more information.