$489,000
SOLD AUG 21, 2025

37329 Lee Ln Unit C-4 Ocean View, DE 19970

3 Beds
3.5 Baths
2,075 Sq Ft
1993 Built

Recently Sold

$236 Per Sq Ft

11% Below List Price

172 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Coastal Architecture

About This Home

As of August 2025

HUGE PRICE DROP - Welcome to this stunning ranch-style home in the sought after Bethany Bay community. This 3
bedroom, 3.5 bathroom condominium offers 2075 square feet of beautifully renovated living space.
With a focus on style, comfort and functionality this home is move-in ready and designed for both
relaxation and entertaining. Extensive renovations both inside and out and the seller has invested
$50,000 in thoughtful upgrades ensuring this home is both modern and low maintenance. Each of
the 3 bedrooms has its own ensuite bathroom, and there is a powder room for the entertainment
areas. The exterior has new siding, newly painted doors, new lighting, well maintained and freshly
painted wrap around decking with ramp access, new electronic lock system on the front door and
trim on the exterior. The interior also has many upgrades including new luxury vinyl flooring and
kitchen upgrades that include a new back splash, a quartz counter top and breakfast bar seating,
and a new faucet and sink. Other features include a sump pump, heatalator fireplace in the living
room, a Trane Heating and Cooling System, a recent roof, and remote thermostat. All windows have
been upgraded with tasteful window coverings. You will be delighted by a very large Great Room
with a vaulted ceiling and a fireplace as the centerpiece of this home This open concept space flows
nicely for entertaining and family enjoyment. A welcoming and relaxing sunroom/dining room is
situated off the living room and kitchen. The sliding glass doors open to a large deck that wraps
around the home. Perfect for barbeques, coffee, or a drink. The home is tastefully furnished. The
primary bedroom has 2 queen-size beds with its own bathroom with a full-sized tub/shower. It also
has sliding glass doors for access to the deck. The second bedroom could also be considered a
primary, as it also has 2 queen size beds, and a full-sized tub/shower. The third bedroom has a
queen size bed and tub/shower. There is plenty of room for everyone. There is an oversized garage
and driveway Additionally, four more parking spaces are situated right across the street from the front
door and porch. Bethany Bay has an amazing number of amenities. Some of the features are a
swimming and lap pool, a hot tub, playground area, tennis courts, pickle ball courts, volleyball court,
a basketball court, walking trails, fishing area, and a newly renovated clubhouse with
exercise/workout room, and a manicured executive par 3 golf course. Don't forget the Kayak Launch
for canoeing and kayaking and from which you can explore the Indian River Bay. There is also
storage for your kayaks. HOA covers internet, insurance, lawn care, trash and other services. All of
this to offer and you are still so close to the beach, the wonderful restaurants in both Ocean View
and Bethany Beach. Tanger Outlet Centers are a short drive away. The house is considered a
condominium and the buyer is responsible for the “studs in” maintenance of the home.
This relaxing beach house also serves as a vacation rental investment property. Currently, the house is rentable during the May through September time frame, though not all weeks/weekends are booked. The current owners have also received offers, thought they have been rejected, from parties to rent the house for a longer term (up to three years), Vacation rental income has fully offset the annual HOA fees assessed. The income from a longer term rental could possibly pay the mortgage and HOA fees.
This charming beach house is like a hug - a welcoming, relaxing, and comfortable haven. Close to the Bethany Beach Activities, restaurants, and night life, but in a well maintained bay-side community with numerous water, fitness, and family oriented amenities. Taxes are cheap here!! A total of $1,056. CHEAP!

Last Agent to Sell the Property

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 01/28/2025

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Joyce Henderson

(410) 430-0084 jhenderson@cbmove.com Coldwell Banker Realty License #323551

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1993 | Remodeled in 2024

HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,075 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Heatilator
  • Fireplace With Glass Doors
  • Window Treatments
  • Great Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Property is zoned AR-1

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-C-4

Community Details

Overview

  • $2,800 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, high speed internet, lawn maintenance, insurance, reserve funds, road maintenance, snow removal
  • Excel Management HOA
  • Bethany Bay Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Pier or Dock
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,056

Year Built

Built in 1993 | Remodeled in 2024

Lot Details

0

HOA Fees

$797 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1993
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: HUGE PRICE DROP - Welcome to this stunning ranch-style home in the sought after Bethany Bay community. This 3 bedroom, 3.5 bathroom condominium offers 2075 square feet of beautifully renovated living space. With a focus on style, comfort and functionality this home is move-in ready and designed for both relaxation and entertaining. Extensive renovations both inside and out and the seller has invested $50,000 in thoughtful upgrades ensuring this home is both modern and low maintenance. Each of the 3 bedrooms has its own ensuite bathroom, and there is a powder room for the entertainment areas. The exterior has new siding, newly painted doors, new lighting, well maintained and freshly painted wrap around decking with ramp access, new electronic lock system on the front door and trim on the exterior. The interior also has many upgrades including new luxury vinyl flooring and kitchen upgrades that include a new back splash, a quartz counter top and breakfast bar seating, and a new faucet and sink. Other features include a sump pump, heatalator fireplace in the living room, a Trane Heating and Cooling System, a recent roof, and remote thermostat. All windows have been upgraded with tasteful window coverings. You will be delighted by a very large Great Room with a vaulted ceiling and a fireplace as the centerpiece of this home This open concept space flows nicely for entertaining and family enjoyment. A welcoming and relaxing sunroom/dining room is situated off the living room and kitchen. The sliding glass doors open to a large deck that wraps around the home. Perfect for barbeques, coffee, or a drink. The home is tastefully furnished. The primary bedroom has 2 queen-size beds with its own bathroom with a full-sized tub/shower. It also has sliding glass doors for access to the deck. The second bedroom could also be considered a primary, as it also has 2 queen size beds, and a full-sized tub/shower. The third bedroom has a queen size bed and tub/shower. There is plenty of room for everyone. There is an oversized garage and driveway Additionally, four more parking spaces are situated right across the street from the front door and porch. Bethany Bay has an amazing number of amenities. Some of the features are a swimming and lap pool, a hot tub, playground area, tennis courts, pickle ball courts, volleyball court, a basketball court, walking trails, fishing area, and a newly renovated clubhouse with exercise/workout room, and a manicured executive par 3 golf course. Don't forget the Kayak Launch for canoeing and kayaking and from which you can explore the Indian River Bay. There is also storage for your kayaks. HOA covers internet, insurance, lawn care, trash and other services. All of this to offer and you are still so close to the beach, the wonderful restaurants in both Ocean View and Bethany Beach. Tanger Outlet Centers are a short drive away. The house is considered a condominium and the buyer is responsible for the “studs in” maintenance of the home. This relaxing beach house also serves as a vacation rental investment property. Currently, the house is rentable during the May through September time frame, though not all weeks/weekends are booked. The current owners have also received offers, thought they have been rejected, from parties to rent the house for a longer term (up to three years), Vacation rental income has fully offset the annual HOA fees assessed. The income from a longer term rental could possibly pay the mortgage and HOA fees. This charming beach house is like a hug - a welcoming, relaxing, and comfortable haven. Close to the Bethany Beach Activities, restaurants, and night life, but in a well maintained bay-side community with numerous water, fitness, and family oriented amenities. Taxes are cheap here!! A total of $1,056. CHEAP!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Kitchen, Great Room, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2075
  • Living Area Sq Ft: 2075
  • Price Per Sq Ft: 240.48
  • Above Grade Finished Sq Ft: 2075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37329

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Exterior Lighting, Gutter System, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 186.67
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 610.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Fitness Center, Golf Course Membership Available, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Lawn Maintenance, Insurance, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: EXCEL MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2800.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 943.00
  • Tax Annual Amount: 1056.00
  • Assessor Parcel Number: 134-08.00-42.00-C-4
  • Tax Total Finished Sq Ft: 1294
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/21/2025

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2025 08/21/25 Sold $489,000 -2.0% $236 / Sq Ft
07/19/2025 07/19/25 Pending -- -- --
05/31/2025 05/31/25 Price Changed $499,000 -2.2% $240 / Sq Ft
04/24/2025 04/24/25 Price Changed $510,000 -6.4% $246 / Sq Ft
03/19/2025 03/19/25 Price Changed $544,999 -0.9% $263 / Sq Ft
01/30/2025 01/30/25 For Sale $549,999 0.0% $265 / Sq Ft
01/30/2025 01/30/25 Off Market $549,999 -- --
01/28/2025 01/28/25 For Sale $549,999 +11.1% $265 / Sq Ft
08/08/2022 08/08/22 Sold $495,000 -1.0% $240 / Sq Ft View Prior Sale
06/21/2022 06/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $500,000 +75.5% $242 / Sq Ft
11/15/2013 11/15/13 Sold $284,900 0.0% -- View Prior Sale
08/29/2013 08/29/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $284,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2077324

Bright MLS