NOT LISTED FOR SALE

29331 Kelly Ln Bethany Beach, DE 19930

Estimated Value: $6,813,000 - $8,582,854

6 Beds
7 Baths
6,000 Sq Ft
$1,278/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2024

Last sale price $7,750,000 $1,292 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $42,048 / mo

5 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Access to Tidal Water

About This Home

As of March 2024

Absolutely stunning oceanfront views from nearly every angle of this timeless beach home that is situated on a large lot with 75 ft of oceanfront property. This spacious home was architecturally designed for multiple generations to enjoy time together with 6 bedrooms plus an office that could easily be a 7th bedroom, and includes a master suite with a beautifully updated bathroom and office space. Take the elevator to the impressive great room with soaring ceilings, and large kitchen with high end cabinetry, center island with seating, a beautifully tiled backsplash, and a separate wet bar. Just off the great room are 2 large sitting areas and an expansive waterfront deck creating an ideal layout for entertaining large gatherings. Additional outdoor living spaces include multiple decks and a large screened porch for enjoying the evening sunset. Multiple outdoor showers make cleaning up from the beach a breeze and 2 garages plus a shed allow plenty of storage space for all of your bikes and beach gear. Offered fully furnished, this home is ready to be enjoyed. Located in the highly sought after gated community of Breakwater Beach featuring a pristine private lifeguarded beach, this is the ideal location for all of your future vacations.

Last Agent to Sell the Property

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/29/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

(302) 539-9040 christi@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/29/2024

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,240

Year Built

  • Built in 1990

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 75.00 x 156.00
  • 75 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned MR

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Home Office
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 134-05.00-437.00

Community Details

Overview

  • Association fees include common area maintenance, management, road maintenance
  • Breakwater Beach Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,240

Year Built

Built in 1990

Lot Details

0.26 Acres

HOA Fees

$261 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-01
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Oven - Wall, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Bar, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Skylight(s), Wet/Dry Bar, Window Treatments, Wine Storage
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Vaulted Ceilings, 9'+ Ceilings, High
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Foyer, Great Room, Office
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Price Per Sq Ft: 997.50
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Exterior Lighting, Outside Shower, Secure Storage
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Ocean, Panoramic, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3126.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Gated Community, Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 75.00 x 156.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Wrap Around
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 3783.00
  • Tax Annual Amount: 4240.00
  • Assessor Parcel Number: 134-05.00-437.00
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 28, 2024
Sold by
Barbara B Newby 2020 Family Trust
Bought by
Vandyke Robert
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$5,985,000
Sold Price
$7,750,000
Premium/Discount to List
$1,765,000
29.49%
Views
79
Current Estimated Value
$7,669,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,382
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Mar 31, 2023
Sold by
Newby-Estes Suzanne
Bought by
Barbara B Newby 2020 Family Trust

Purchase Details

Closed on
Sep 25, 2020
Sold by
Newby Steven T
Bought by
Steven T Newby Ret

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 4, 2020
Sold by
Dewees Donald C and Dewees Martha F
Bought by
Newny Steven T
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
AVA TANSEY
TANSEY WARNER
List Price
$3,695,000
Sold Price
$3,540,000
Premium/Discount to List
-$155,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Jun 12, 1992
Bought by
Dewees Donald C and Dewees Martha F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vandyke Robert -- None Listed On Document
Barbara B Newby 2020 Family Trust -- None Listed On Document
Barbara B Newby 2020 Family Trust -- None Listed On Document
Steven T Newby Ret -- None Available
Newny Steven T $3,540,000 None Available
Dewees Donald C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $7,750,000 +29.5% $1,292 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $5,985,000 +69.1% $998 / Sq Ft
04/06/2020 04/06/20 Sold $3,540,000 -4.2% $590 / Sq Ft View Prior Sale
02/04/2020 02/04/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $3,695,000 -- $616 / Sq Ft
Source: Bright MLS

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 $13,501 $102,650 $30,300 $72,350
2024 $4,244 $102,650 $30,300 $72,350
2023 $4,240 $102,650 $30,300 $72,350
2022 $4,171 $102,650 $30,300 $72,350
2021 $4,046 $102,650 $30,300 $72,350
2020 $3,861 $102,650 $30,300 $72,350
2019 $3,844 $102,650 $30,300 $72,350
2018 $0 $102,650 $0 $0
2017 $3,913 $102,650 $0 $0
2016 $3,449 $102,650 $0 $0
2015 $3,555 $102,650 $0 $0
2014 $3,501 $102,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2055508

Bright MLS

APN: 134-05.00-437.00

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