1301 Coastal Hwy Unit 258 Dewey Beach, DE 19971
Estimated Value: $897,467
2
Beds
2.5
Baths
1,050
Sq Ft
$640/mo
HOA Fee
Highlights
- Home fronts navigable water
- Sandy Beach
- Open Floorplan
- Rehoboth Elementary School Rated A
- Public Water Access
- 4-minute walk to Delaware Seashore State Park
About This Home
As of April 2021JUST REDUCED. Last chance before this beautiful condo comes off the market. Seller has made a major price correction. So take advantage of this while it's still available. Bring an offer quick so you can enjoy this incredible bay view condo for the summer. Just steps from the beaches and all that Dewey Beach has to offer. Won't last long. Looking for the "BEACH LIFE", well here it is. This coming soon bay front condo has views to die for. Enjoy sitting on your balcony with the water and sun at your feet. Sandy beach and marina right out your door. Enjoy your top floor pool and many decks for relaxing. Or curl up in front of your own fireplace inside your 2 bedroom condo. You will be the envy of all your friends with your own place at The Residences at Lighthouse Cove Condominiums. The only 2 bedroom listed on the mls and the only unit under a million. This unit boasts tons of light. Great open plan living area, and two large rooms and baths. Wake up in your master and be greeted by the view of the Rehoboth Bay. In unit full washer and dryer. Use this for yourself or put in in the rental pool. This community also has an amenity rich association that you can join for just $400 a year. Besides the pool included with the hoa dues, the $400 includes an indoor pool, as well as a fitness center. Walk out to the sandy bay front beach from one of the communities many decks. Enjoy a bonfire on the beach or just relax and watch the incredible sunsets that set across the bay. This condo is right in the heart of everything Dewey. Park your car in one of two tandem spaces and never touch it until you leave. Walk to everything right out your door. Restaurants, nightlife, shopping, beaches, bike trails and so much more. Don't wait or you will miss out on this one. Again, this is the only 2 bedroom on the mls and the only unit under a million. This is your opportunity to live the life you have always dreamed of without the worry and maintenance of a stand alone home. You can also use it for short term rentals and make a nice return on your investment. Several rental companies already in place for you to choose from. Don't wait, it won't last long in this market.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $963
Year Built
- Built in 2019
Lot Details
- Home fronts navigable water
- Sandy Beach
- Public Beach
- Property is in excellent condition
HOA Fees
- $640 Monthly HOA Fees
Parking
- Assigned Parking Garage Space
Home Design
- Masonry
Interior Spaces
- 1,050 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Combination Kitchen and Living
Kitchen
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Public Water Access
- Property near a bay
Utilities
- Central Heating and Cooling System
- Heating System Powered By Owned Propane
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 334-23.06-1.00-V258
Community Details
Overview
- $400 Recreation Fee
- Association fees include insurance, parking fee, trash, pool(s), exterior building maintenance
- Low-Rise Condominium
- Lighthouse Cove Community
- Lighthouse Cove Subdivision
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Dewey Beach, DE
Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Kung Angela | $548,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $700,000 | -2.6% | $667 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | Price Changed | $719,000 | -5.3% | $685 / Sq Ft |
| 02/09/2021 02/09/21 | For Sale | $759,000 | +24.4% | $723 / Sq Ft |
| 08/07/2020 08/07/20 | Sold | $610,000 | -0.8% | $581 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 08/28/2019 08/28/19 | Price Changed | $614,900 | +2.5% | $586 / Sq Ft |
| 10/26/2018 10/26/18 | For Sale | $599,900 | -- | $571 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,216 | $0 | $0 | $0 |
| 2023 | $1,215 | $0 | $0 | $0 |
| 2022 | $1,184 | $0 | $0 | $0 |
| 2021 | $1,176 | $0 | $0 | $0 |
| 2020 | $1,177 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Fuller
Seller's Agent in 2021
Hugh Fuller
EXP Realty, LLC
(302) 745-1866
2 in this area
49 Total Sales
-
Randy Mason
Buyer's Agent in 2021
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
3 in this area
113 Total Sales
-
Joseph Maggio
Seller's Agent in 2020
Joseph Maggio
Dave McCarthy & Associates, Inc.
(302) 381-2268
12 in this area
116 Total Sales
-
Kim Hitchens
Seller Co-Listing Agent in 2020
Kim Hitchens
Dave McCarthy & Associates, Inc.
(302) 381-1071
12 in this area
107 Total Sales
-
Robin Bunting
Buyer's Agent in 2020
Robin Bunting
Compass
(302) 332-0830
2 in this area
78 Total Sales
Map
Source: Bright MLS
MLS Number: DESU177012
APN: 334-23.06-1.00-V258
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