NOT LISTED FOR SALE

401 E Bank Rd Bethany Beach, DE 19930

Estimated Value: $3,097,224 - $3,485,000

5 Beds
4.5 Baths
3,500 Sq Ft
$925/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2025

Last sale price $3,160,000 $903 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $17,945 / mo

5 Days on Market

Highlights

  • Water Views
  • Beach
  • Private Beach Club
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Tennis Courts

About This Home

As of October 2025

Enjoy watching sunsets & fireworks from your Custom built home (10 years young) with water views, high -end appliances, custom cabinetry, and innovative architectural elements. Located in Ocean Ridge West with private beach, community pool, pickle ball and tennis courts.
A few high end features: elevator, professionally designed landscaping, including irrigation system, Geo Thermal heating & cooling, stainless steel appliances with oversized kitchen island, 2 dishwashers, wine frig, 2 refrigerators, 5 burner stove, tankless water heater, fireplace walk in closets, Hardi Plank exterior remote access alarm and security systems & security cameras, and garages, outside decks with retractable awing, including a screened porch, outside shower. A life style you will REALLY enjoy!!!!
Exclusions: personal items, table and floor lamps, art work, paddles boards, grill.

Last Agent to Sell the Property

Ann Raskauskas

(302) 537-9700 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 09/18/2025

Last Buyer's Agent

Henry Jaffe

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72.00 x 101.00
  • Private Beach
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Sprinkler System
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Property Views

  • Water
  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Coastal Architecture
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 3.5 Levels
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Security Gate
  • Exterior Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Outdoor Shower
  • Solar Heated Pool

Outdoor Features

  • Tennis Courts
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

  • Lord Baltimore Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 134-09.00-1059.00

Community Details

Overview

  • Association fees include management, pool(s), recreation facility, road maintenance, security gate, snow removal, trash
  • Ocean Ridge West Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Heated Community Pool
  • Fenced Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,957

Year Built

Built in 2015

Lot Details

6,970 Sq Ft Lot

HOA Fees

$245 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal items and items on Seller exclusion list
  • Inclusions: Partially furnished.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3.5
  • Basement: No
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 856.86
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Outside Shower, Private Beach, Street Lights, Tennis Court(s), Underground Lawn Sprinkler
  • View: Panoramic, Scenic Vista, Trees/Woods, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Built In, Covered Parking, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Exterior Cameras, Main Entrance Lock, Monitored, Security Gate, Security System, Smoke Detector, Surveillance Sys, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2945.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Beach Club, Club House, Common Grounds, Gated Community, Party Room, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Recreation Facility, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground, Solar Heated

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Lot Features: Cleared, Front Yard, Landscaping, Private, Premium, Rear Yard, Secluded, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 72.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es), Roof, Screened
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2661.00
  • Tax Annual Amount: 2957.00
  • Assessor Parcel Number: 134-09.00-1059.00
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2025
Closed on
Oct 16, 2025
Sold by
Bought by
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$2,999,000
Sold Price
$3,160,000
Premium/Discount to List
$161,000
5.37%
Views
14
Current Estimated Value
$3,237,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,741
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,637,741

Purchase Details

Closed on
Dec 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2014
Bought by

Purchase Details

Closed on
Apr 12, 2014
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,160,000 None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- --
$415,000 --
$415,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $3,160,000 +5.4% $903 / Sq Ft
09/18/2025 09/18/25 For Sale $2,999,000 -- $857 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,957 $49,900 $12,450 $37,450
2024 $2,063 $49,900 $12,450 $37,450
2023 $2,061 $49,900 $12,450 $37,450
2022 $2,028 $49,900 $12,450 $37,450
2021 $1,967 $49,900 $12,450 $37,450
2020 $1,877 $49,900 $12,450 $37,450
2019 $1,869 $49,900 $12,450 $37,450
2018 $1,887 $49,900 $0 $0
2017 $1,902 $49,900 $0 $0
2016 $1,676 $49,900 $0 $0
2015 $1,728 $49,900 $0 $0
2014 $425 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2096896

Bright MLS

APN: 134-09.00-1059.00

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