29532 N Cotton Way Bethany Beach, DE 19930
Estimated Value: $2,018,000 - $2,972,000
5
Beds
5
Baths
3,200
Sq Ft
$791/Sq Ft
Est. Value
Highlights
- Ocean View
- Home fronts navigable water
- Private Water Access
- Lord Baltimore Elementary School Rated A-
- Private Beach
- Heated Pool and Spa
About This Home
As of July 2021The ultimate beach home oasis located in the highly desirable North Bethany oceanfront community of Cotton Patch Hills! This unique and distinctive home is situated on an oversized corner lot, one lot back from the beach with a swimming pool and elevator! A private community beach is located only steps away accessible by a tree covered, wooden boardwalk. This timeless and well maintained property has never been rented and was fully updated in 1997. Embrace privacy as this home is positioned among mature trees on an expansive lot with a recently installed 40' by 15' inground salt swimming pool and adjacent 8' spa with individual heating controls and travertine tiling- durable natural spring stone that remains cool in the sun! Four spacious decks with a retractable awning and recently installed four season sunroom, provide plenty of room for dining al fresco, overlooking the pool or simply relaxing to the sounds of the quiet beach and waves. Inside the craftsmanship of this home is evident with custom cabinetry, hardwood flooring, granite kitchen countertops and two fireplaces perfect for cozy fires on chilly evenings. A semi inverted floor plan offers an expansive third floor master suite with vaulted ceilings, sitting room with wet bar, fireplace, private office and two separate decks with a view of the ocean! A huge two car garage provides plenty of storage space with closets for storage and beach toys! Fully fenced property with a separate fenced area, ideal for dogs. The community of Cotton Patch Hills offers tennis courts and is the only North Bethany community that has access to both the bay and the beach. Boat ramp and slips are offered when available at the private marina on the bay side. This exceptional home is located close to downtown Bethany Beach, a low-key coastal town with stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment. Enjoy the convenience of exploring nearby Fenwick Island, Dewey & Rehoboth Beach and Lewes while returning at the end of the day to your own private oceanfront enclave to relax and rejuvenate.
Last Agent to Sell the Property
Monument Sotheby's International Realty Listed on: 05/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,849
Year Built
- Built in 1976 | Remodeled in 1997
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 115.00 x 115.00
- Building is oceanfront but unit may not have water views
- Home fronts navigable water
- Private Beach
- East Facing Home
- Property is Fully Fenced
- Landscaped
- Extensive Hardscape
- Private Lot
- Corner Lot
- Sprinkler System
- Partially Wooded Lot
- Property is in very good condition
- Property is zoned MR
HOA Fees
- $168 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Side Facing Garage
- Stone Driveway
Property Views
- Ocean
- Woods
Home Design
- Cape Cod Architecture
- Coastal Architecture
- Contemporary Architecture
- Bump-Outs
- Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
- Cedar
Interior Spaces
- 3,200 Sq Ft Home
- Property has 3 Levels
- 1 Elevator
- Open Floorplan
- Wet Bar
- Partially Furnished
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Gas Fireplace
- Awning
- Window Treatments
- French Doors
- Sliding Doors
- Insulated Doors
- Family Room Off Kitchen
- Wood Flooring
- Fire Sprinkler System
Kitchen
- Built-In Oven
- Built-In Range
- Down Draft Cooktop
- Built-In Microwave
- Freezer
- Ice Maker
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
- Washer
Pool
- Heated Pool and Spa
- Filtered Pool
- Heated Lap Pool
- Heated In Ground Pool
- Saltwater Pool
- Outdoor Shower
- Permits for Pool
Outdoor Features
- Private Water Access
- Property is near an ocean
- Swimming Allowed
- Multiple Balconies
- Deck
- Patio
- Exterior Lighting
- Playground
- Wrap Around Porch
Location
- Flood Zone Lot
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Propane
- Multi-Tank Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Energy-Efficient Windows
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 134-05.00-149.00
Community Details
Overview
- Cotton Patch Hills Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2021
Closed on
Jul 27, 2021
Sold by
George W Gross Md Lt
Bought by
Act Llc
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Steve Allnutt
RE/MAX Advantage Realty
List Price
$2,395,000
Sold Price
$2,500,000
Premium/Discount to List
$105,000
4.38%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,667
Avg. Annual Appreciation
0.32%
Purchase Details
Closed on
Jul 30, 2012
Sold by
George W George W and Gross Ella B
Bought by
Gross Md George W and Gross Ella B
Purchase Details
Closed on
Jun 19, 2012
Sold by
George W George W and Gross Ella B
Bought by
Gross Md George W and Gross Ella B
Similar Homes in Bethany Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Act Llc | $2,500,000 | None Available | |
| Gross Md George W | -- | -- | |
| Gross Md George W | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2021 07/27/21 | Sold | $2,500,000 | +4.4% | $781 / Sq Ft |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/22/2021 05/22/21 | For Sale | $2,395,000 | -- | $748 / 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 | $3,149 | $68,800 | $14,650 | $54,150 |
| 2023 | $3,145 | $68,800 | $14,650 | $54,150 |
| 2022 | $3,094 | $68,800 | $14,650 | $54,150 |
| 2021 | $3,010 | $68,800 | $14,650 | $54,150 |
| 2020 | $2,873 | $68,800 | $14,650 | $54,150 |
| 2019 | $2,773 | $68,800 | $14,650 | $54,150 |
| 2018 | $2,601 | $68,800 | $0 | $0 |
| 2017 | $2,623 | $68,800 | $0 | $0 |
| 2016 | $2,311 | $68,800 | $0 | $0 |
| 2015 | $2,382 | $68,800 | $0 | $0 |
| 2014 | $2,347 | $68,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Jaffe
Seller's Agent in 2021
Henry Jaffe
OCEAN ATLANTIC SOTHEBYS
(302) 296-6646
26 in this area
108 Total Sales
-
Steve Allnutt
Buyer's Agent in 2021
Steve Allnutt
RE/MAX
(410) 336-7787
1 in this area
257 Total Sales
Map
Source: Bright MLS
MLS Number: DESU183666
APN: 134-05.00-149.00
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