NOT LISTED FOR SALE

39313 Natures Way Bethany Beach, DE 19930

Estimated Value: $93,737 - $2,965,000

6 Beds
3.5 Baths
5,927 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,937,500 $327 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $9,716/month

118 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Ocean View
  • 1 Dock Slip
  • Lord Baltimore Elementary School Rated A-
  • Boat Ramp
  • Boat or Launch Ramp

About This Home

As of October 2021

Spectacular waterfront home with incredible views of the Indian River Bay and the Atlantic Ocean! Offering direct beach access and ideal for boating and water enthusiasts, this home includes a deeded boat slip and two jet ski slips located steps away in the community marina. Nationally recognized for its design and meticulously maintained by the original owners, this custom-built residence offers a thoughtfully constructed open inverted floor plan capturing amazing views from all three levels. Located in the private, gated community of The Cove in North Bethany, the home offers over 5,000 square feet of interior space and 3,024 square feet of outdoor decks and living space, perfect for catching glorious sunsets, scenic vistas, and ideal for entertaining. The airy, sun-filled interior boasts detailed craftsmanship, from the beautiful wide plank hardwood floors throughout, 10-foot+ ceilings, crown molding, custom built-in cabinetry, and three gas fireplaces. The upgraded kitchen is complete with stainless steel appliances, granite counters, custom cabinets, trash compactor, instant hot water, and a large pantry. The formal dining room is perfect for large gatherings and the adjacent oversized decks offer plenty of room for dining al fresco and relaxing outdoors. Each of the six bedrooms features water views and spacious closets. The third-floor owner's bedroom suite offers two walk-in closets, vaulted ceilings, and a luxurious bath with a jacuzzi bathtub and double vanity. A rear private deck off the master bedroom boasts a large hot tub. The first level features an additional family room and three spacious bedrooms. The lower level floor offers expansive storage space, covered parking for 4 vehicles, outdoor shower, and room for beach equipment such as kayaks and paddleboards. Energy-efficient design and low utility costs utilizing geothermal heating and air conditioning (3 separate units and zones) and additional spray foam insulation on the inside of the exterior walls. The property boasts many additional upgrades including, central vacuum, two separate laundry rooms, flood protection system, irrigation system, security system, and the list goes on! Smart house components including remote assessability, hardwiring throughout, automatic lighting, air, and heating. Low-maintenance upgrades include composite decking and a recently updated roof. Residents of The Cove can enjoy the community amenities including tennis, pool and pool house, basketball court, community marina the convenience of downtown Bethany with its stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment. Private beach access available on the ocean side. The private location of this residence offers unparalleled wildlife watching, with osprey nests, willets, ducks, geese and eagles; however, it is easy to enjoy exploring nearby Fenwick Island, Dewey & Rehoboth Beach, and Lewes just minutes away!

Last Agent to Sell the Property

Henry Jaffe

Monument Sotheby's International Realty Listed on: 04/08/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 113.00 x 97.00
  • 20 Feet of Waterfront
  • Home fronts navigable water
  • North Facing Home
  • Landscaped
  • Open Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $298 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Spray Foam Insulation
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 5,927 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Stained Glass
  • Bay Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Instant Hot Water

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Security Gate
  • Intercom
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • 6 Driveway Spaces
  • 4 Attached Carport Spaces
  • Parking available for a boat

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • Swimming Allowed
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Bayside

Schools

  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-487.01

Community Details

Overview

  • Association fees include common area maintenance, snow removal, security gate, road maintenance, reserve funds, recreation facility, pool(s), pier/dock maintenance
  • Zacharias Cove HOA
  • The Cove Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Lap or Exercise Community Pool
  • Fishing Allowed

Security

  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,081

Year Built

Built in 2000

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-10
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Spectacular waterfront home with incredible views of the Indian River Bay and the Atlantic Ocean! Offering direct beach access and ideal for boating and water enthusiasts, this home includes a deeded boat slip and two jet ski slips located steps away in the community marina. Nationally recognized for its design and meticulously maintained by the original owners, this custom-built residence offers a thoughtfully constructed open inverted floor plan capturing amazing views from all three levels. Located in the private, gated community of The Cove in North Bethany, the home offers over 5,000 square feet of interior space and 3,024 square feet of outdoor decks and living space, perfect for catching glorious sunsets, scenic vistas, and ideal for entertaining. The airy, sun-filled interior boasts detailed craftsmanship, from the beautiful wide plank hardwood floors throughout, 10-foot+ ceilings, crown molding, custom built-in cabinetry, and three gas fireplaces. The upgraded kitchen is complete with stainless steel appliances, granite counters, custom cabinets, trash compactor, instant hot water, and a large pantry. The formal dining room is perfect for large gatherings and the adjacent oversized decks offer plenty of room for dining al fresco and relaxing outdoors. Each of the six bedrooms features water views and spacious closets. The third-floor owner's bedroom suite offers two walk-in closets, vaulted ceilings, and a luxurious bath with a jacuzzi bathtub and double vanity. A rear private deck off the master bedroom boasts a large hot tub. The first level features an additional family room and three spacious bedrooms. The lower level floor offers expansive storage space, covered parking for 4 vehicles, outdoor shower, and room for beach equipment such as kayaks and paddleboards. Energy-efficient design and low utility costs utilizing geothermal heating and air conditioning (3 separate units and zones) and additional spray foam insulation on the inside of the exterior walls. The property boasts many additional upgrades including, central vacuum, two separate laundry rooms, flood protection system, irrigation system, security system, and the list goes on! Smart house components including remote assessability, hardwiring throughout, automatic lighting, air, and heating. Low-maintenance upgrades include composite decking and a recently updated roof. Residents of The Cove can enjoy the community amenities including tennis, pool and pool house, basketball court, community marina the convenience of downtown Bethany with its stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment. Private beach access available on the ocean side. The private location of this residence offers unparalleled wildlife watching, with osprey nests, willets, ducks, geese and eagles; however, it is easy to enjoy exploring nearby Fenwick Island, Dewey & Rehoboth Beach, and Lewes just minutes away!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Energy Efficient Appliances, Exhaust Fan, Freezer, Instant Hot Water, Intercom, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer - Front Loading, Water Heater, Dryer - Front Loading
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Central Vacuum, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Island, Pantry, Recessed Lighting, Sauna, Skylight(s), Soaking Tub, Stain/Lead Glass, Upgraded Countertops, Wood Floors, Whirlpool/Hottub, Walk-In Closet(s)
  • Window Features: Bay/Bow, Double Hung, Energy Efficient, Insulated, Screens, Skylights
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, High, Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 5927
  • Living Area Sq Ft: 5927
  • Price Per Sq Ft: 371.01
  • Above Grade Finished Sq Ft: 5927
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39313

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding, Stick Built, Spray Foam Insulation
  • Exterior Features: Bbq Grill, Boat Storage, Exterior Lighting, Hot Tub, Secure Storage, Street Lights, Underground Lawn Sprinkler, Outside Shower
  • Road Surface Type: Concrete, Paved
  • Roof: Architectural Shingle
  • View: Bay, Ocean, Panoramic, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Waterski/Wakeboard, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Beach Cove
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Carport Spaces: 4
  • Garage: No
  • Parking Features: Concrete Driveway
  • Attached Carport Spaces: 4
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Fire Detection System, Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 3580.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Fencing, Gated Community, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Security Gate, Road Maintenance, Reserve Funds, Recreation Facility, Pool(s), Pier/Dock Maintenance
  • HOA Name: ZACHARIAS COVE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground, Lap/Exercise

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 66150.00
  • Land Assessed Value: 12000.00
  • Land Use Code: RS
  • Lot Features: Flood Plain, Landscaping, Open
  • Lot Size Acres: 0.25
  • Lot Dimensions: 113.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Enclosed, Screened, Wrap Around
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Efficiency: Hvac
  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5123267
  • School Tax: 2733.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3081.00
  • Assessor Parcel Number: 134-05.00-487.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/08/2021

Multi Family

  • Waterfront Features: Boat/Launch Ramp, Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Oct 8, 2021
Sold by
Coffrey Willie L and Coffey Deborah A
Bought by
Pilot Greens Llc
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,500,000
Sold Price
$1,937,500
Premium/Discount to List
-$562,500
-22.5%
Total Days on Market
118
Current Estimated Value
$1,629,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$307,566
Avg. Annual Appreciation
-4.61%
Original Mortgage
$1,550,000
Outstanding Balance
$1,428,703
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$201,231

Purchase Details

Closed on
Aug 1, 1997
Bought by
Coffey Willie L Deborah A Coffey
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 Buyer Sale Price Title Company
Pilot Greens Llc $1,937,500 None Available
Coffey Willie L Deborah A Coffey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilot Greens Llc $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $1,937,500 -11.9% $327 / Sq Ft
07/19/2021 07/19/21 Price Changed $2,199,000 -12.0% $371 / Sq Ft
04/08/2021 04/08/21 For Sale $2,500,000 -- $422 / 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 $3,231 $78,150 $12,000 $66,150
2023 $3,228 $78,150 $12,000 $66,150
2022 $3,176 $78,150 $12,000 $66,150
2021 $3,081 $78,150 $12,000 $66,150
2020 $2,540 $78,150 $12,000 $66,150
2019 $2,550 $78,150 $12,000 $66,150
2018 $2,579 $78,150 $0 $0
2017 $2,979 $78,150 $0 $0
2016 $2,149 $78,150 $0 $0
2015 $2,706 $78,150 $0 $0
2014 $2,666 $78,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU180688

Bright MLS

APN: 134-05.00-487.01