$1,010,000
SOLD JUL 15, 2025

1301 Coastal Hwy Unit 350 Dewey Beach, DE 19971

2 Beds
2 Baths
1,050 Sq Ft
$774/mo HOA Fee

Recently Sold

$962 Per Sq Ft

1% Below List Price

68 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Access to Tidal Water
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Roof Top Pool
  • 4-minute walk to Delaware Seashore State Park

About This Home

As of July 2025

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 2 Bedroom and 2 Full Bathroom condominium located atop the Hyatt Place Dewey Beach. Spectacular bay views and sunsets from the private balcony with views to the ocean as well. 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 quartz countertops, KitchenAid Stainless Steel Appliances with Gas Range, and Luxury Vinyl 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.

Last Agent to Sell the Property

Ron Golden

(410) 258-1100 ron@expcoastal.com EXP Realty, LLC License #RS-0023224 Listed on: 03/28/2025

EXP Realty, LLC

Co-Listed By

Pierre Saez

(732) 208-2432 pierre@expcoastal.com EXP Realty, LLC License #RM-0000188

Last Buyer's Agent

Joseph Connor

(302) 559-4688 jpconnorjr@gmail.com Compass License #RA0002752

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 2016

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Public Beach
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $774 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Assigned parking located at #350

Home Design

  • Entry on the 3rd floor
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Living Room
  • Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Roof Top Pool
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property near a bay
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 200+ Amp Service
  • Metered Propane
  • Propane Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-23.06-1.00-V350

Community Details

Overview

  • $400 Recreation Fee
  • $1,548 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds, trash
  • Low-Rise Condominium
  • Lighthouse Cove Community
  • Lighthouse Cove Subdivision
  • Property Manager

Amenities

  • 4 Elevators

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,230

Year Built

Built in 2016

Lot Details

0

HOA Fees

$774 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 3/28/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Assigned Parking Space Numbers: 350
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 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 2 Bedroom and 2 Full Bathroom condominium located atop the Hyatt Place Dewey Beach. Spectacular bay views and sunsets from the private balcony with views to the ocean as well. 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 quartz countertops, KitchenAid Stainless Steel Appliances with Gas Range, and Luxury Vinyl 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.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Built-In Microwave, Dishwasher, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater, Oven/Range - Electric
  • Entry Floor: 3
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Primary Bath(s), Sprinkler System, Dining Area, Ceiling Fan(s)
  • Window Features: Double Hung, Double Pane, Low-E, Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 4
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 971.43
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1301

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete
  • Exterior Features: Sidewalks, Bbq Grill
  • Roof: Flat
  • View: Bay
  • Water Access Features: Public Beach, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 774.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Rooftop, Pool - Outdoor, Reserved/Assigned Parking, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 400.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 1548.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Balcony
  • Property Condition: Excellent
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 87000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 830.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1230.00
  • Assessor Parcel Number: 334-23.06-1.00-V350
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/15/2025

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Jul 15, 2025
Sold by
Williamson Iain Lawrence Dugald
Bought by
Byrd Robert L
Seller's Agent
Ron Golden
EXP Realty, LLC
Buyer's Agent
Joseph Connor
Compass
List Price
$1,020,000
Sold Price
$1,010,000
Premium/Discount to List
-$10,000
-0.98%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$550,000
Outstanding Balance
$549,069
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$476,214

Purchase Details

Listed on
Mar 28, 2025
Closed on
Jul 10, 2025
Sold by
Williamson Iain Lawrence Dugald and Williamson Carmen
Bought by
Williamson Iain Lawrence Dug
Seller's Agent
Ron Golden
EXP Realty, LLC
Buyer's Agent
Joseph Connor
Compass
List Price
$1,020,000
Sold Price
$1,010,000
Premium/Discount to List
-$10,000
-0.98%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$549,069
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$476,214
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,010,000 None Listed On Document
Special Warranty Deed $1,010,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Closed $550,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2025 07/15/25 Sold $1,010,000 -1.0% $962 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $1,020,000 +88.0% $971 / Sq Ft
05/15/2019 05/15/19 Sold $542,500 -1.3% $517 / Sq Ft View Prior Sale
03/25/2019 03/25/19 For Sale $549,900 +1.4% $524 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
01/25/2019 01/25/19 Off Market $542,500 -- --
09/29/2018 09/29/18 For Sale $549,900 0.0% $524 / Sq Ft
11/04/2017 11/04/17 Price Changed $549,900 -8.3% $524 / Sq Ft
08/20/2017 08/20/17 Price Changed $599,900 -4.0% $571 / Sq Ft
05/26/2016 05/26/16 For Sale $624,900 -- $595 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $2,080 $0 $0 $0
2024 $1,230 $0 $0 $0
2023 $1,230 $0 $0 $0
2022 $1,198 $0 $0 $0
2021 $1,190 $0 $0 $0
2020 $1,191 $0 $0 $0
2019 $1,178 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2081468

Bright MLS

APN: 334-23.06-1.00-V350