$1,800,000
SOLD JUL 2, 2025

1301 Coastal Hwy Unit 402 Dewey Beach, DE 19971

3 Beds
3 Baths
1,574 Sq Ft
$1,164/mo HOA Fee

Recently Sold

$1,144 Per Sq Ft

4% Below List Price

60 Days on Market

Highlights

  • Ocean View
  • Beach
  • Canoe or Kayak Water Access
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • 4-minute walk to Delaware Seashore State Park

About This Home

As of July 2025

Live the resort lifestyle in this beautiful residence located in the spectacular Residences at Lighthouse Cove above the HyattPlace Dewey. This incredible, rarely available, 3 bedroom 3 full bath penthouse with open concept living, is perfect for entertaining, Located on the ocean side of the building, with views of the spectacular sunrises over the town and ocean from one of the two master bedroom suites, as well as from the dining and living room windows, are second to none. The third bedroom with beautiful natural light from 2 large skylights, also an ensuite, has access to the bath from the hallway as well and conveniently located laundry. The open living area has a large kitchen with granite bar top for dining and entertaining, stainless steel appliances and views of the entire living area. This open concept area affords your dining area the ability to be positioned multiple areas. The large living room with gas fireplace, and it's beautiful sunrises, opens onto a large lanai that spans the width of the unit. Not only can you enjoy your morning coffee with sunrises from your pergola covered lanai, but also have a nice dinner or glass of wine while watching the spectacular sunsets over the bay. Enjoy the amenity rich perks of the building, with the fire pit and grills right off your lanai. The amenities do not stop there, a rooftop pool, an indoor salt water pool and a gym all await your every desire when you opt in for the optional amenities package for a minimal yearly cost. The property is located on the bayside, with a sandy beach, volleyball court, restaurants, docks, rentable water crafts and so much more. Located in the other direction across the street at at the other end of the block, is the Atlantic Ocean with a beautiful sandy beach with rentable beach chairs and umbrellas. This wonderful property sits right in the middle of everything Dewey Beach has to offer. The entire town is a very convenient walk. So park your car and enjoy the relaxing Dewey Beach way of life". The last 3 bedroom penthouse sold for over 2.2m and only had 2.5 baths. Don't let this gem slip away, schedule your appointment to tour Penthouse 402 today.

Last Agent to Sell the Property

Hugh Fuller

EXP Realty, LLC License #0025314 Listed on: 04/04/2025

EXP Realty, LLC

Co-Listed By

Pierre Saez

EXP Realty, LLC License #RM-0000188

Last Buyer's Agent

Vince DiPietro

Northrop Realty License #RS-0026203

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 2015

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Sprinkler System

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Post and Beam
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Dryvit Stucco

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Tile or Brick Flooring
  • Surveillance System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Roof Top Pool
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Metered Propane
  • Propane Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 402
  • Assessor Parcel Number 334-23.96-1.00-C402

Community Details

Overview

  • $400 Recreation Fee
  • $1,400 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds, trash
  • $97 Other Monthly Fees
  • Low-Rise Condominium
  • Lighthouse Cove Community
  • Lighthouse Cove Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool
  • Fishing Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,491

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,164 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Post & Beam, Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/4/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Live the resort lifestyle in this beautiful residence located in the spectacular Residences at Lighthouse Cove above the HyattPlace Dewey. This incredible, rarely available, 3 bedroom 3 full bath penthouse with open concept living, is perfect for entertaining, Located on the ocean side of the building, with views of the spectacular sunrises over the town and ocean from one of the two master bedroom suites, as well as from the dining and living room windows, are second to none. The third bedroom with beautiful natural light from 2 large skylights, also an ensuite, has access to the bath from the hallway as well and conveniently located laundry. The open living area has a large kitchen with granite bar top for dining and entertaining, stainless steel appliances and views of the entire living area. This open concept area affords your dining area the ability to be positioned multiple areas. The large living room with gas fireplace, and it's beautiful sunrises, opens onto a large lanai that spans the width of the unit. Not only can you enjoy your morning coffee with sunrises from your pergola covered lanai, but also have a nice dinner or glass of wine while watching the spectacular sunsets over the bay. Enjoy the amenity rich perks of the building, with the fire pit and grills right off your lanai. The amenities do not stop there, a rooftop pool, an indoor salt water pool and a gym all await your every desire when you opt in for the optional amenities package for a minimal yearly cost. The property is located on the bayside, with a sandy beach, volleyball court, restaurants, docks, rentable water crafts and so much more. Located in the other direction across the street at at the other end of the block, is the Atlantic Ocean with a beautiful sandy beach with rentable beach chairs and umbrellas. This wonderful property sits right in the middle of everything Dewey Beach has to offer. The entire town is a very convenient walk. So park your car and enjoy the relaxing Dewey Beach way of life". The last 3 bedroom penthouse sold for over 2.2m and only had 2.5 baths. Don't let this gem slip away, schedule your appointment to tour Penthouse 402 today.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Pantry, Elevator, Skylight(s), Window Treatments, Recessed Lighting, Primary Bath(s), Floor Plan - Open, Entry Level Bedroom, Dining Area, Combination Kitchen/Dining, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Sprinkler System, Walk-In Closet(s)
  • Window Features: Insulated, Storm, Skylights
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Price Per Sq Ft: 1194.41
  • Above Grade Finished Sq Ft: 1574
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1301

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit
  • Exterior Features: Sidewalks, Bbq Grill, Exterior Lighting
  • Roof: Rubber
  • View: Ocean, Panoramic
  • Water Access Features: Boat - Powered, Public Access, Swimming Allowed, Waterski/Wakeboard, Sail, Public Beach, Personal Watercraft (PWC), Fishing Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • 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
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1164.18
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Elevator, Fitness Center, Reserved/Assigned Parking, Swimming Pool, Common Grounds, Exercise Room, Pool - Indoor, Pool - Outdoor, Pool - Rooftop
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 400.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Concrete, In Ground, Indoor, Rooftop

Fee Information

  • Other Fees: 1164.18
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 1400.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Terrace
  • Year Assessed: 2024
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 108740.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 991.00
  • Tax Annual Amount: 2491.00
  • Assessor Parcel Number: 334-23.96-1.00-C402
  • Tax Lot: 402
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/02/2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Franczuszki and Evelyn
Bought by
Unit 402 At 1301 Coastal Highw

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 17, 2021
Sold by
Jordan Eric R and Jordan Heather A
Bought by
Franczuski Dietrich and Kelin-Franczuszki Evelyn
Seller's Agent
Ron Golden
EXP Realty, LLC
Buyer's Agent
Ron Golden
EXP Realty, LLC
List Price
$1,449,900
Sold Price
$1,395,000
Premium/Discount to List
-$54,900
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Source: Public Records

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Range of Values:

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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
Deed -- None Listed On Document
Deed $1,395,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $1,800,000 -4.3% $1,144 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $1,880,000 +34.8% $1,194 / Sq Ft
12/17/2021 12/17/21 Sold $1,395,000 -3.8% $886 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,449,900 -- $921 / 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
2024 $1,408 $0 $0 $0
2023 $1,407 $0 $0 $0
2022 $1,369 $0 $0 $0
2021 $1,359 $0 $0 $0
2020 $1,362 $0 $0 $0
2019 $1,354 $0 $0 $0
2018 $944 $21,500 $0 $0
2017 $0 $0 $0 $0
2016 $28 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2082894

Bright MLS

APN: 334-23.06-1.00-C402