$1,190,000

Edgewater House 501 N Edgewater House Rd Unit 501N Bethany Beach, DE 19930

Estimated payment $7,605/month

Total Views 59,876
2 Beds
2 Baths
1,265 Sq Ft
$941 Price per Sq Ft

Highlights

  • 25 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Access to Tidal Water

About This Home

Oceanfront - Peaceful and refreshing - this lovely home matches the beautiful view you can enjoy throughout. Located in the heart of Sea Colony's oceanfront community, this sophisticated property overlooks Sea Colony's pristine beach, the Edgewater pool, and the magnificent Atlantic Ocean. Inside you will find timeless updates throughout. The crisp, updated and opened-up kitchen is inviting and spacious with granite countertops and a classic subway tile backsplash. The views extend throughout the open dining and living room to the wall of windows in the living room, featuring views like that of a multi-million oceanfront home, with not nearly the maintenance! You will also find a wet bar and plenty of space for entertaining. The spacious owner's oceanfront bedroom has a door taking you to the private oceanfront balcony, also enjoy a private en suite bathroom with large updated tiled shower. The guest bedroom features new windows, plenty of room for a number of bed arrangements, (currently sleeps 4 comfortably) and access to the second bathroom. A new hvac system (both inside and outside equipment) and water heater were installed in 2023. The larger, wider balconies of the Edgewater building provide another lounging and dining area, and are just one of the draws of this building. Add the ease of access to the Edgewater fitness center, indoor pool, sauna, hot tub and security desk all just an elevator ride away, it's no wonder it has always been sought after. Edgewater is the tallest center building, and the spacious lobby and facilities of Edgewater make it the jewel of the Oceanfront buildings. Sea Colony's amenities offer something for everyone - with 5 oceanfront pools, indoor and outdoor award winning tennis/pickleball facilities, over 18000 square foot Fitnesss Center open year round with meticulously maintained cardio/ weight room, personal trainers and classes. Running/walking paths, fishing lakes, basketball, playgrounds, and kayak storage/launch. Located just south of the town limits of Bethany, you and your guests can also easily access the boardwalk shops, loads of delicious dining and entertainment nearby.

Listing Agent

Sarah Schifano

Long & Foster Real Estate, Inc. Listed on: 02/18/2025

Long & Foster Real Estate, Inc.

Co-Listing Agent

Ann Baker/noLng

Long & Foster Real Estate, Inc. License #RA-0020487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1974

Lot Details

  • 25 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Sprinkler System
  • Ground Rent expires in 52 years
  • Property is in excellent condition

HOA Fees

Property Views

  • Panoramic

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Bar
  • Recessed Lighting
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Private Water Access
  • Property Near A Cove
  • Swimming Allowed
  • Lake Privileges
  • Sport Court
  • Balcony
  • Water Fountains
  • Exterior Lighting
  • Outdoor Storage
  • Playground
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-501N

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include bus service, common area maintenance, custodial services maintenance, exterior building maintenance, health club, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, sauna, security gate, trash, water, cable TV
  • $167 Other Monthly Fees
  • Sea Colony Recreation Association
  • High-Rise Condominium
  • Sea Colony East Phase III Condos
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room
  • Convenience Store

Recreation

  • Beach
  • Indoor Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Spa
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,418

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,063 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Personal Items, Tools, Artwork, Select Decorative Items: Shower Curtains, Throw Pillows, Plants, Some Bedding
  • Historic: No
  • Inclusions: Furnishings & Accessories
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Oceanfront - Peaceful and refreshing - this lovely home matches the beautiful view you can enjoy throughout. Located in the heart of Sea Colony's oceanfront community, this sophisticated property overlooks Sea Colony's pristine beach, the Edgewater pool, and the magnificent Atlantic Ocean. Inside you will find timeless updates throughout. The crisp, updated and opened-up kitchen is inviting and spacious with granite countertops and a classic subway tile backsplash. The views extend throughout the open dining and living room to the wall of windows in the living room, featuring views like that of a multi-million oceanfront home, with not nearly the maintenance! You will also find a wet bar and plenty of space for entertaining. The spacious owner's oceanfront bedroom has a door taking you to the private oceanfront balcony, also enjoy a private en suite bathroom with large updated tiled shower. The guest bedroom features new windows, plenty of room for a number of bed arrangements, (currently sleeps 4 comfortably) and access to the second bathroom. A new hvac system (both inside and outside equipment) and water heater were installed in 2023. The larger, wider balconies of the Edgewater building provide another lounging and dining area, and are just one of the draws of this building. Add the ease of access to the Edgewater fitness center, indoor pool, sauna, hot tub and security desk all just an elevator ride away, it's no wonder it has always been sought after. Edgewater is the tallest center building, and the spacious lobby and facilities of Edgewater make it the jewel of the Oceanfront buildings. Sea Colony's amenities offer something for everyone - with 5 oceanfront pools, indoor and outdoor award winning tennis/pickleball facilities, over 18000 square foot Fitnesss Center open year round with meticulously maintained cardio/ weight room, personal trainers and classes. Running/walking paths, fishing lakes, basketball, playgrounds, and kayak storage/launch. Located just south of the town limits of Bethany, you and your guests can also easily access the boardwalk shops, loads of delicious dining and entertainment nearby.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Bar, Dining Area, Combination Dining/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Vinyl Clad, Insulated
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 940.71
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Exterior Lighting, Hot Tub, Lawn Sprinkler, Play Area, Play Equipment, Private Beach, Secure Storage, Sidewalks, Sport Court, Tennis Court(s), Water Fountains
  • View: Ocean, Panoramic, Water
  • Water Access Features: Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 25

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 804.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2384.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Colony East Phase III
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Common Grounds, Community Center, Convenience Store, Elevator, Exercise Room, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Bus Service, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Trash, Water, Cable Tv
  • HOA Name: SEA COLONY RECREATION ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 52
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2175.32
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2417.52
  • Assessor Parcel Number: 134-17.00-56.03-501N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Expense List: Annual Ground Rent
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Map

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 Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $1,190,000 -3.3% $941 / Sq Ft
02/18/2025 02/18/25 For Sale $1,230,000 -- $972 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2079276

Bright MLS