NOT LISTED FOR SALE

29583 Cove Way Bethany Beach, DE 19930

Estimated Value: $914,000 - $1,510,000

5 Beds
3 Baths
983 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $1,150,000 $1,170 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,946/month

1 Day on Market

Highlights

  • Marina
  • Boat Ramp
  • Home fronts navigable water
  • Lord Baltimore Elementary School Rated A-
  • 1 Boat Dock
  • Canoe or Kayak Water Access

About This Home

As of August 2023

Just what you have been waiting for……. The perfect beach house with a private community beach just steps from the Atlantic shoreline. Coastal design in Cotton Patch Hills West with wide open floor-plan allowing seamless transitions from the indoor and outdoor living spaces. 5 bedroom and 3 full bathrooms on 2 levels with large sunroom and west facing, spacious wrap-around sun deck. (spectacular sunsets included) Renovated kitchen and baths, updated systems, newer roof, beautiful hardwood flooring and loads of natural light filling every corner of this beautifully decorated home. (offered furnished with limited exclusions) There’s nothing like an outdoor shower at the beach…. add an oversized swim/spa with sun deck and a game of corn hole in the large (beautifully landscaped) yard…..you will never want to leave. Community tennis (and pickle ball) courts, kayak launch and boat slips (available for rent) at the community pier overlooking Beach Cove and the Indian River Bay. Your elusive and affordable beach house awaits….dreams do come true!

Last Agent to Sell the Property

Jay Kramer

Coldwell Banker Realty License #RS-0018724 Listed on: 06/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Christine McCoy

Coldwell Banker Realty License #RA0031081

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100.00 x 120.00
  • Home fronts navigable water
  • Partially Fenced Property
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 983 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Bay Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Pool

  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • 1 Boat Dock
  • Deck
  • Screened Patio
  • Wood or Metal Shed
  • Outbuilding
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 134-05.00-136.00

Community Details

Overview

  • Association fees include common area maintenance, management
  • Cotton Patch Hills HOA
  • Cotton Patch Hills Subdivision
  • Property Manager

Recreation

  • Boat Ramp
  • Boat Dock
  • 10 Community Slips
  • 1 Community Docks
  • Marina
  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,317

Year Built

Built in 1974

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-16
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Whirlpool/Hottub, Window Treatments, Walk-In Closet(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings, Crawl Space
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 983
  • Living Area Sq Ft: 983
  • Price Per Sq Ft: 1144.46
  • Above Grade Finished Sq Ft: 983
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29583

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Wood/Metal Shed
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s), Hot Tub, Outside Shower
  • Roof: Shingle, Asphalt
  • Spa Features: Heated, Private
  • Spa: Yes
  • View: Bay
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Indian River Bay & Beach Cove
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2422.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Marina/Marina Club, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: COTTON PATCH HILLS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Land Use Code: 999
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1172.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1317.00
  • Assessor Parcel Number: 134-05.00-136.00
  • Tax Lot: 29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/23/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 23, 2023
Sold by
Ercole Robert M and Ercole Maureen M
Bought by
Mathis Vincent Winslow and Mathis Katherine Smith
Seller's Agent
Jay Kramer
Coldwell Banker Realty
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$1,125,000
Sold Price
$1,150,000
Premium/Discount to List
$25,000
2.22%
Total Days on Market
1
Views
47
Current Estimated Value
$1,249,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,666
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Mar 28, 2013
Sold by
Pennybob Llc
Bought by
Ercole Robert M and Ercole Maureen M
Seller's Agent
MICKEY DOWNES
Coldwell Banker Realty
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$504,000
Interest Rate
3.55%
Source: Public Records

Similar Homes in Bethany Beach, DE

  • 31600 Charleys Run, Bethany Beach, DE 19930

    $1,178,280

    • 3 Beds
    • 2.5 Baths
    • 2,367 Sq Ft
    • 31600 Charleys Run
    • Bethany Beach, DE

    1.5 miles to downtown Bethany BeachThis charming single-story home on pilings has been gently lived in and well-maintained. It boasts spacious open decks at both the front and back, providing the perfect spots to relax and enjoy the outdoors. The back deck has access from dining room and master bedroom. With ample parking, there’s plenty of room for all your vehicles and recreational toys in

    LINDA MUELLER BETHANY AREA REALTY LLC

    Section Image
  • 31326 Terry Cir, Bethany Beach, DE 19930

    $1,125,000

    • 4 Beds
    • 3.5 Baths
    • 3,650 Sq Ft
    • 31326 Terry Cir
    • Bethany Beach, DE

    Experience coastal luxury in this stunning 5-bedroom ( owner using 5th as bedroom room could be a study or flex room), 3.5-bathroom pond-front home in Bethany Lakes, a desirable gated community. Minutes from Bethany Beach and bordering Fresh Pond State Park, this residence offers tranquility and convenience. Enjoy the ease of a first-floor owner's suite, along with an open-concept living space

    Stephen Morgan Keller Williams Realty

    Section Image
  • 31328 Terry Cir, Bethany Beach, DE 19930

    $1,185,000

    • 5 Beds
    • 4.5 Baths
    • 4,258 Sq Ft
    • 31328 Terry Cir
    • Bethany Beach, DE

    Waterfront home with stunning lake views just 1.5 miles from Bethany Beach! Located in a private, gated community, this beautifully maintained 5-bedroom, 4.5-bath home offers the largest original floor plan available. Enjoy breathtaking lake views and a spacious, open layout enhanced by 9-foot ceilings and elegant hardwood flooring throughout the main level. The home’s classic charm is evident

    SARAH FRENCH Long & Foster Real Estate, Inc.

    Section Image
  • 32561 Heron Cir Unit 13, Bethany Beach, DE 19930

    $1,395,000

    • 5 Beds
    • 3.5 Baths
    • 3,685 Sq Ft
    • 32561 Heron Cir
    • Unit 13
    • Bethany Beach, DE

    Welcome to your coastal dream retreat in the private and sought-after gated community of Heron Bay just moments from the ocean! This beautifully maintained and fully furnished 5-bedroom home offers an ideal blend of luxury, comfort, and coastal charm. The spacious layout features an open-concept main living area with soaring cathedral ceilings, a cozy fireplace, and 8’ sliders that open to

    Jacqueline Martini Coldwell Banker Realty

    Section Image
  • 31274 Lee Meadow Dr, Bethany Beach, DE 19930

    $1,250,000

    • 5 Beds
    • 4.5 Baths
    • 4,200 Sq Ft
    • 31274 Lee Meadow Dr
    • Bethany Beach, DE

    Welcome to your dream beach home in the highly sought-after gated community of Bethany Lakes, just 1.5 miles from Bethany Beach! This completely renovated 5-bedroom,4.5-bath home- the largest footprint in the comuninty -is nestled on a premium private lot surrounded by water on two sides. Designed for luxury and comfort,the brand -new first-floor primary suite offers serene water views ,spa-like

    Russell Stucki RE/MAX Realty Group Rehoboth

    Section Image
  • 31473 Watershed Ln, Bethany Beach, DE 19930

    $956,551

    • 4 Beds
    • 3.5 Baths
    • 2,506 Sq Ft
    • 31473 Watershed Ln
    • Bethany Beach, DE

    INLAND BAYS! Now is the time to stop in at Inland Bays in Bethany Beach. This exclusive community features 30 Dewey Floor plans starting at just $769,900, offering numerous optional upgrades that make each home unique and customized to the individual owner. Make the most of summer with a close proximity to Bethany Beach and the boardwalk, and the private community pool and picnic space. This

    John Zacharias Patterson-Schwartz-OceanView

    Section Image
  • 31447 Watershed Ln Unit 2, Bethany Beach, DE 19930

    $1,195,000

    • 4 Beds
    • 3.5 Baths
    • 2,506 Sq Ft
    • 31447 Watershed Ln
    • Unit 2
    • Bethany Beach, DE

    Now offered with new furnishings! Exceptional quality is apparent with every detail of this magnificently crafted beach home. Almost brand-new, no cost was spared in designing and finishing this home that has been lightly used as the sales model. From the moment you enter, an abundance of natural light streams through the floor to ceiling glass wall overlooking the water from the great room.

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 658 Tingle Ave, Bethany Beach, DE 19930

    $1,049,000

    • 3 Beds
    • 3 Baths
    • 1,822 Sq Ft
    • 658 Tingle Ave
    • Bethany Beach, DE

    Gorgeous coastal home located less than a mile to the beach! While this home is technically a 3 bedroom, it lives like a 5 bedroom with ample areas that can be utilized for additional sleeping space and was crafted with beautiful millwork details throughout. The impressive great room features a soaring ceiling and an open floorplan combining the kitchen with the dining and living area and

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 939 Pine Tree Ln, Bethany Beach, DE 19930

    $1,175,000

    • 4 Beds
    • 3 Baths
    • 2,521 Sq Ft
    • 939 Pine Tree Ln
    • Bethany Beach, DE

    This custom built coastal-inspired retreat, nestled within the wooded water oriented community of Lake Bethany embodies the essence of coastal living. Situated within Bethany town limits, this stately four-bedroom, three full bathroom home spans over 2,500 square feet of airy living space. Immerse yourself in the coastal feel and beach vibes as you experience the convenience of a trolley ride to

    Justin Noble Monument Sotheby's International Realty

    Section Image
See All Homes in Bethany Beach

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 Buyer Sale Price Title Company
Mathis Vincent Winslow $1,150,000 None Listed On Document
Ercole Robert M $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ercole Maureen M $393,000
Previous Owner Ercole Maureen M $504,000
Previous Owner Ercole Robert M $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $1,150,000 +2.2% $1,170 / Sq Ft
06/12/2023 06/12/23 For Sale $1,125,000 +78.6% $1,144 / Sq Ft
03/27/2013 03/27/13 Sold $630,000 0.0% --
01/24/2013 01/24/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $630,000 -- --
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 $1,340 $32,400 $9,800 $22,600
2023 $1,338 $32,400 $9,800 $22,600
2022 $1,317 $32,400 $9,800 $22,600
2021 $1,277 $32,400 $9,800 $22,600
2020 $1,219 $32,400 $9,800 $22,600
2019 $1,213 $32,400 $9,800 $22,600
2018 $1,225 $32,400 $0 $0
2017 $1,235 $32,400 $0 $0
2016 $1,088 $32,400 $0 $0
2015 $1,075 $32,400 $0 $0
2014 $1,059 $31,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Kramer

    Seller's Agent in 2023

    Jay Kramer

    Coldwell Banker Realty

    (410) 984-2692

    1 in this area

    93 Total Sales

    Jay Kramer
    Section Image
  • Christine McCoy

    Buyer's Agent in 2023

    Christine McCoy

    Coldwell Banker Realty

    (302) 339-5368

    12 in this area

    260 Total Sales

    Christine McCoy
    Section Image
  • MICKEY DOWNES

    Seller's Agent in 2013

    MICKEY DOWNES

    Coldwell Banker Realty

    Section Image
  • Ann Raskauskas

    Buyer's Agent in 2013

    Ann Raskauskas

    BETHANY AREA REALTY LLC

    (302) 245-2154

    46 in this area

    85 Total Sales

    Ann Raskauskas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2042406

Bright MLS

APN: 134-05.00-136.00

Delaware Sussex County Bethany Beach 19930

29583 Cove Way, Bethany Beach, DE

This home is located at 29583 Cove Way, Bethany Beach, DE 19930 since 12 June 2023 and is currently estimated at $1,249,666, approximately $1,271 per square foot. This property was built in 1974. 29583 Cove Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes