2
Beds
1.5
Baths
700
Sq Ft
$433/mo
HOA Fee
Highlights
- Beach
- Home fronts navigable water
- Sandy Beach
- Lewes Elementary School Rated A
- Access to Tidal Water
- Penthouse
About This Home
As of March 2021Ocean House has been a Lewes Beach landmark since 1975. Enjoy residing or renting this fully furnished, move-in ready condominium that is steps to the waters of Delaware Bay and the public beach. Inside the secure front entry door, a building elevator will take you up to the 5th floor for the best views in town. Inside the unit, you will enjoy bay views and morning sunrises from your private balcony that adds an additional 200 square feet to your living area. This popular unit was rented for every available week during the 2020 summer season and can also be rented during the offseason. 2019 gross rental income was $21,525 (without offseason rental). As a resident, the beach and quaint town of Lewes becomes your backyard playground. Walk to the Lewes Public Beach or bike to Cape Henlopen State Park for the day. Stroll over the Canal Bridge to enjoy the shops and amazing dining options in Historic Lewes. This 25 unit building with reserved parking has five floors with laundry rooms shared by the owners and a storage bin for each unit. For your convenience, there is a laundry room on the same floor as the subject unit. Water, sewer, and trash removal is included in the condo fee. There is an overflow parking lot 100 yards from the building for owners and visitors on busy beach days.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,202
Year Built
- Built in 1975
Lot Details
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Sandy Beach
- Public Beach
- 1 Common Wall
- East Facing Home
- Property is in very good condition
HOA Fees
- $433 Monthly HOA Fees
Property Views
- Bay
- Panoramic
Home Design
- Penthouse
- Stucco
Interior Spaces
- 700 Sq Ft Home
- Furnished
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Parking
- 3 Off-Site Spaces
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Public Water Access
- Property near a bay
- Swimming Allowed
- Balcony
Schools
- Lewes Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Electric Baseboard Heater
- Electric Water Heater
- Public Septic
- Phone Available
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 335-4.20-145.00-5-D
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, reserve funds
- Mid-Rise Condominium
- Ocean House Council Condos
- Ocean House Community
- Lewes Beach Subdivision
- Property Manager
- Property has 5 Levels
Amenities
- Common Area
- Laundry Facilities
- 1 Elevator
- Community Storage Space
Recreation
- Beach
Pet Policy
- Limit on the number of pets
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | For Sale | $599,900 | +45.6% | $857 / Sq Ft |
| 03/16/2021 03/16/21 | Sold | $412,000 | -1.9% | $589 / Sq Ft |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | Price Changed | $420,000 | -1.2% | $600 / Sq Ft |
| 08/17/2020 08/17/20 | Price Changed | $425,000 | -0.9% | $607 / Sq Ft |
| 07/16/2020 07/16/20 | For Sale | $429,000 | +43.0% | $613 / Sq Ft |
| 09/01/2017 09/01/17 | Sold | $300,000 | -18.8% | $333 / Sq Ft |
| 07/18/2017 07/18/17 | Pending | -- | -- | -- |
| 09/24/2015 09/24/15 | For Sale | $369,500 | -- | $411 / Sq Ft |
Source: Bright MLS
Similar Homes in Lewes, DE
Source: Bright MLS
MLS Number: DESU164772
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