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$1,300,000
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Property Description
Incredible investment opportunity with proven and consistent rental income in the highly sought after Residences at Lighthouse Cove. Luxury living in this beautiful and spacious 3 Bedroom and 2 Full Bathroom condominium located in Dewey Beach, Delaware. Spectacular bay views and sunsets from the patio terrace and rooftop swimming pool. Enjoy a Resort Lifestyle at The Residences at Lighthouse Cove with Rooftop Swimming Pool overlooking the Rehoboth Bay and on-site Lighthouse Restaurant. Features include granite countertops, KitchenAid Stainless Steel Appliances with Gas Range, and Porcelain Tile Floors throughout. The rooftop plaza provides fire pits, grilling areas, and multiple seating/lounging areas. An additional indoor saltwater pool and fitness room are available with an optional annual recreation fee. Direct Access to the Bay with nearby amenities including Kayak, Stand-Up Paddle, Jet Ski & Boat Rentals available, and just one block walk to the Atlantic Ocean and beautiful beaches of Dewey Beach.
Full Property Details
Full Property Details for 1301 Coastal Hwy #351
General
- Sold For: $1,300,000
- HOA FEE: $980/month
- Taxes: $2,078 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2091914
- Added to Site: 210 day(s) ago
Interior
- Interior Features: Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas/Propane
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
- Furnished: Yes
- Flooring: 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
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Elevator, Exercise Room, Pool - Outdoor, Pool - Rooftop, Reserved/Assigned Parking
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Roof Deck
- Porch/Patio/Deck: Patio(s), Terrace
Parking
- Garage: Yes
- Garage Spaces: 2
- Assigned Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned
- Parking Type: Parking Garage
- Garage Description: Covered Parking, Inside Access
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: LIGHTHOUSE COVE
- Building Name: Residences of Lighthouse Cove
- Driving Directions: Follow Route 1 Southbound from Rehoboth Beach to Hyatt Place Hotel in Dewey Beach. Entrance is on the South side of the building at "Residences" entrance.
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Cape Henlopen
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Trash
- Pets Allowed: Yes
- Pets: Breed Restrictions, Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Propane - Metered
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Architectural Style: Coastal
- Structure Type: Garden 1 - 4 Floors
- Construction: Concrete
- Common Walls: 2+ Common Walls
- Windows: Double Pane, Double Hung, ENERGY STAR Qualified
- Entry Floor Number: 3
- Stories/Levels: 4
- Stories Description: Main
- Square Feet: 1,329
- Sq. Ft. Source: Estimated
- Living Area: 1,329 Sq. Ft.
- Finished Above Grnd: 1,329 Sq. Ft.
- Year Built: 2020
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Property View: Bay, Panoramic, Water
- Zoning: RC
Water Features
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Public Access, Public Beach
- Water Front Type: Bay
- Water Front Name: Rehoboth Bay
Financial Considerations
- Price Per Sq. Ft.: $1,128.59
- Association Fee: $980
- Assoc Fee Freq.: Monthly
- City/TownTax Freq: Annually
- County Tax: $2,078
- County Tax Freq: Annually
- Tax Amount: $2,078
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Condominium
- Exclusions: Personal Items
Listed by EXP Realty, LLC, RONALD L GOLDEN and EXP Realty, LLC, Pierre Saez
Sold by Jack Lingo - Lewes, KRISTINA LINGO
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Schools
Schools serving 1301 Coastal Hwy #351
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 1.5 mi |
Beacon Middle School 19483 John J Williams Highway, Lewes, DE 19958 | 4-8 | 4.3 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1301 Coastal Hwy #351
Date
Details
Price
Change
Source
2/18/2026
Sold
$1,300,000
-13.33%
MLS
12/13/2025
Price Reduced
$1,499,900
-11.77%
MLS
9/23/2025
Price Reduced
$1,699,900
-15%
MLS
8/07/2025
Listed
$1,999,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1301 Coastal Highway #351, Dewey Beach, DE 19971 (MLS# DESU2091914) is a Condo property that was sold at $1,300,000 on February 18, 2026. Want to learn more about 1301 Coastal Highway #351? Do you have questions about finding other Condo real estate for sale in Dewey Beach? You can browse all Dewey Beach real estate or contact a Coldwell Banker agent to request more information.

