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.
Sold for $1,075,000
$1,075,000
505 Island House Rd, Bethany Beach, DE 19930
3beds
1,070sqft
Condominium
Built in 1981
-- sqft lot
$1,201,300 Zestimate®
$1,005/sqft
$1,909 Estimated rent
Home value
$1,201,300
$1.11M - $1.33M
$1,909/mo
Zestimate® history
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$1,909/mo
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$5,565/mo
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Zillow last checked:
Listing updated:
Listed by:
Ann Baker 302-858-8518,
Long & Foster Real Estate, Inc.
Bought with:
Kim Gundy, RS-0023969
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: DESU2053664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Electric Water Heater
- Laundry: In Unit
Features
- Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Primary Bedroom - Ocean Front, Dry Wall
- Flooring: Carpet, Ceramic Tile
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,070
- Total interior livable area: 1,070 sqft
- Finished area above ground: 1,070
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Storage, Covered, Assigned, Paved, Secured, Parking Lot, Garage
- Garage spaces: 1
- Details: Assigned Parking
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Street Lights, Balcony
- Pool features: Community
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Sandy Beach, Oceanfront, Private Access, Swimming Allowed, Ocean
- Body of water: Atlantic Ocean
- Frontage length: Water Frontage Ft: 2640
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13417.0056.07505
- Zoning: AR-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stone, Masonry
- Roof: Metal
Condition
- Good
- New construction: No
- Year built: 1981
Details
- Builder name: Carl M Freeman
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Phone Available, Cable
Community & HOA
Community
- Features: Pool
- Security: 24 Hour Security
- Condo and coop fee: $3,100 quarterly
- Subdivision: Sea Colony East
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Beach Access, Common Grounds, Community Center, Fitness Center, Spa/Hot Tub, Jogging Path, Lake, Picnic Area, Pool, Indoor Pool, Sauna, Security, Tennis Court(s), Transportation Service, Water/Lake Privileges
- Services included: Bus Service, Common Area Maintenance, Health Club, Internet, Insurance, Maintenance Grounds, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security, Trash
- HOA fee: $725 quarterly
- HOA name: VACASA
- Second HOA name: Vacasa
Location
- Region: Bethany Beach
Financial & listing details
- Price per square foot: $1,005/sqft
- Tax assessed value: $1,095,600
- Annual tax amount: $1,369
- Date on market: 1/5/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furnished
- Exclusions: Linens, Wall Hangings, Decorative Items
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2024 | Sold | $1,075,000-6.5%$1,005/sqft |
Source:  Bright MLS #DESU2053664 Report a problem | ||
| 4/18/2024 | Pending sale | $1,150,000$1,075/sqft |
Source: Bright MLS #DESU2053664 Report a problem | ||
| 4/6/2024 | Contingent | $1,150,000$1,075/sqft |
Source: Bright MLS #DESU2053664 Report a problem | ||
| 1/5/2024 | Listed for sale | $1,150,000$1,075/sqft |
Source: Bright MLS #DESU2053664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,340 +66.7% | $547,800 +1513.5% |
| 2024 | $1,404 +0.1% | $33,950 |
| 2023 | $1,402 +1.6% | $33,950 +104.8% |
| 2022 | $1,380 +3.1% | $16,575 -50% |
| 2021 | $1,338 +5.9% | $33,150 |
| 2020 | $1,264 | $33,150 |
| 2019 | $1,264 -0.6% | $33,150 -2.4% |
| 2018 | $1,271 -1% | $33,950 |
| 2017 | $1,284 +12.6% | $33,950 |
| 2016 | $1,141 -3% | $33,950 |
| 2015 | $1,176 +1.5% | $33,950 |
| 2014 | $1,158 -1.1% | $33,950 |
| 2013 | $1,171 +3.6% | $33,950 |
| 2012 | $1,130 +0.9% | $33,950 |
| 2011 | $1,120 | $33,950 |
| 2010 | $1,120 +0.4% | $33,950 |
| 2009 | $1,115 | $33,950 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19930
Nearby homes
- $944,0003 bd2 ba1.1k sqft805 Island House Rd #805, Bethany Beach, DE 19930Off Market
- $1,076,1013 bd2 ba1k sqft702 Island House Rd #702, Bethany Beach, DE 19930Sold
- $880,6003 bd2 ba1k sqft206 Island House, Bethany Beach, DE 19930Off Market
- $1,051,0004 bd3 ba1.3k sqft912 Island House, Bethany, DE 19930Off Market
- $1,062,2002 bd-- ba1k sqft805 Island House Rd, Bethany Beach, DE 19930Off Market
- $1,065,8004 bd3 ba1k sqft903 Harbour House, Bethany Beach, DE 19930Off Market
- $1,250,0003 bd2 ba1k sqft810 Island House Rd, Bethany Beach, DE 19930For Sale
- $1,085,0003 bd2 ba1k sqft402 Island House Rd E #402, Bethany Beach, DE 19930For Sale
Nearby schools
GreatSchools rating
- 8/10Lord Baltimore Elementary SchoolGrades: K-5Distance: 2.8 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 9.5 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 9.6 mi
Schools provided by the listing agent
- District: Indian River
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Delaware
- Sussex County
- Bethany Beach
- 19930
- 505 Island House Rd
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