$1,280,000
SOLD MAR 11, 2025

Edgewater House 503 N Edgewater House Rd Unit 503N Bethany Beach, DE 19930

2 Beds
2 Baths
1,265 Sq Ft
$1,049/mo HOA Fee

Recently Sold

$1,012 Per Sq Ft

5 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Ocean View
  • Boat Ramp
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Beach

About This Home

As of March 2025

Welcome to 503 N Edgewater House, a stunning oceanfront condominium nestled within the prestigious Sea Colony East community in Bethany Beach. This meticulously maintained residence offers an unparalleled coastal living experience, combining luxury, comfort, and breathtaking panoramic views of the Atlantic Ocean. Upon entering, you're greeted by a clean and bright open-concept living and dining area bathed in natural light, courtesy of expansive sliding glass doors that lead to a private balcony overlooking the ocean. The primary bedroom offers direct oceanfront views and separate balcony slider, providing a serene retreat to enjoy the soothing sounds of the waves. The Owner's bath features a beautifully tiled shower with glass doors, and upgraded vanity with stone top. The opened and upgraded kitchen offers stainless appliances, white coastal cabinetry and white quartz countertops, with white glass backsplash - all which coordinate perfectly with the bar area in the dining room. Additional interior features include luxury vinyl plank throughout the bedrooms and living areas, Hunter Douglas slider treatments that are sleek and easy to use, and coastal furnishings/accessories that offer a blend of functionality and style. As a resident of Sea Colony East, you'll have access to an array of exclusive amenities, including: Private guarded beach, Multiple indoor and outdoor swimming pools, State-of-the-art 18000 sf fitness center, Indoor and outdoor tennis and pickleball courts rated in the top ten world wide, Walking and biking trails, and 24-hour year round security. Situated just south of downtown Bethany Beach, this property offers convenient access to great local dining, shopping, and entertainment options. Whether you're seeking a peaceful weekend getaway or a summer residence, 503 N Edgewater House Rd provides the perfect setting to enjoy all that coastal Delaware has to offer. Experience the epitome of oceanfront living in this exceptional Sea Colony East condominium. With its prime location, luxurious amenities, and thoughtfully designed interior, this home is a great find for discerning buyers seeking the best in coastal living.

Last Agent to Sell the Property

Sarah Schifano

(302) 858-3945 sarahschifano@gmail.com Long & Foster Real Estate, Inc. Listed on: 02/08/2025

Long & Foster Real Estate, Inc.

Co-Listed By

Ann Baker/noLng

(302) 858-8518 Ann@AnnBakerSells.com Long & Foster Real Estate, Inc. License #RA-0020487

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1976 | Remodeled in 2020

Lot Details

  • 40 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • West Facing Home
  • Extensive Hardscape
  • Ground Rent expires in 51 years
  • Property is in excellent condition

HOA Fees

Property Views

  • Panoramic

Home Design

  • Coastal Architecture
  • Entry on the 5th floor
  • Metal Roof
  • Masonry

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 1 Assigned Parking Space

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Exterior Lighting
  • Playground

Schools

  • Indian River High School

Utilities

  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-503N

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, reserve funds, trash, water
  • $167 Other Monthly Fees
  • High-Rise Condominium
  • Built by Carl Freeman
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Sauna
  • 4 Elevators

Recreation

  • Boat Ramp
  • Beach
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fishing Allowed
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,350

Year Built

Built in 1976 | Remodeled in 2020

Lot Details

0

HOA Fees

$1,049 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Contents of closets, drawers, select artwork/wall hangings, Owners Bedroom Bedding /Pillows, Small decorative plants, Guest Bedroom nightstand lamps.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-02-08
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 503 N Edgewater House, a stunning oceanfront condominium nestled within the prestigious Sea Colony East community in Bethany Beach. This meticulously maintained residence offers an unparalleled coastal living experience, combining luxury, comfort, and breathtaking panoramic views of the Atlantic Ocean. Upon entering, you're greeted by a clean and bright open-concept living and dining area bathed in natural light, courtesy of expansive sliding glass doors that lead to a private balcony overlooking the ocean. The primary bedroom offers direct oceanfront views and separate balcony slider, providing a serene retreat to enjoy the soothing sounds of the waves. The Owner's bath features a beautifully tiled shower with glass doors, and upgraded vanity with stone top. The opened and upgraded kitchen offers stainless appliances, white coastal cabinetry and white quartz countertops, with white glass backsplash - all which coordinate perfectly with the bar area in the dining room. Additional interior features include luxury vinyl plank throughout the bedrooms and living areas, Hunter Douglas slider treatments that are sleek and easy to use, and coastal furnishings/accessories that offer a blend of functionality and style. As a resident of Sea Colony East, you'll have access to an array of exclusive amenities, including: Private guarded beach, Multiple indoor and outdoor swimming pools, State-of-the-art 18000 sf fitness center, Indoor and outdoor tennis and pickleball courts rated in the top ten world wide, Walking and biking trails, and 24-hour year round security. Situated just south of downtown Bethany Beach, this property offers convenient access to great local dining, shopping, and entertainment options. Whether you're seeking a peaceful weekend getaway or a summer residence, 503 N Edgewater House Rd provides the perfect setting to enjoy all that coastal Delaware has to offer. Experience the epitome of oceanfront living in this exceptional Sea Colony East condominium. With its prime location, luxurious amenities, and thoughtfully designed interior, this home is a great find for discerning buyers seeking the best in coastal living.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Water Heater, Washer, Dryer, Stainless Steel Appliances
  • Entry Floor: 5
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Bar, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Elevator, Entry Level Bedroom, Flat, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Bathroom - Tub Shower, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Sliding
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 4
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 1011.86
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

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
  • Construction Materials: Masonry
  • Exterior Features: Outside Shower, Private Beach, Street Lights, Play Area, Hot Tub, Exterior Lighting, Extensive Hardscape
  • Roof: Metal
  • Spa: No
  • View: Ocean, Panoramic, Water
  • Water Access Features: Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private/Community Water
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 761.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2384.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Boat Ramp, Cable, Elevator, Exercise Room, Fitness Center, Gated Community, Jog/Walk Path, Lake, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Reserve Funds, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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
  • High School: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • High School: INDIAN RIVER

Lot Info

  • Land Use Code: RC
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 51
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1205.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1350.00
  • Assessor Parcel Number: 134-17.00-56.03-503N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/11/2025

Multi Family

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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Mar 4, 2025
Sold by
Richard Roberta C
Bought by
Thom And Rebecca Foley Family Trust and Foley
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,280,000
Sold Price
$1,280,000
Views
20
Current Estimated Value
$1,231,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,590
Avg. Annual Appreciation
-6.45%

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 27, 2023
Sold by
Canavan John R
Bought by
Richard Roberta C
Seller's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$1,285,000
Sold Price
$1,160,000
Premium/Discount to List
-$125,000
-9.73%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Jan 3, 1996
Bought by
Canavan John Robert Margaret Mary
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,280,000 None Listed On Document
Deed $1,160,000 --
Deed $218,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2025 03/11/25 Sold $1,280,000 0.0% $1,012 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $1,280,000 +10.3% $1,012 / Sq Ft
01/27/2023 01/27/23 Sold $1,160,000 -9.7% $917 / Sq Ft View Prior Sale
12/19/2022 12/19/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $1,285,000 -- $1,016 / 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
2025 $2,418 $30,450 $0 $30,450
2024 $1,350 $30,450 $0 $30,450
2023 $1,349 $30,450 $0 $30,450
2022 $1,327 $30,450 $0 $30,450
2021 $1,287 $30,450 $0 $30,450
2020 $1,228 $30,450 $0 $30,450
2019 $1,223 $30,450 $0 $30,450
2018 $1,235 $32,650 $0 $0
2017 $1,245 $32,650 $0 $0
2016 $1,097 $32,650 $0 $0
2015 $1,131 $32,650 $0 $0
2014 $1,114 $32,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2078298

Bright MLS

APN: 134-17.00-56.03-503N