NOT LISTED FOR SALE

602 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $760,259 - $4,377,000

6 Beds
7 Baths
3,712 Sq Ft
$663/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $5,100,000 $1,374 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $18,432/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Gourmet Kitchen

About This Home

As of November 2021

This stunning Oceanfront home was built in 2020 by recognized builder, Marnie Oursler and is appointed with only the highest end finishes through out. Designed to capture unparalleled views of the ocean from nearly every room, absolutely no detail was spared in this luxury beach home. Upon entering, the impressive foyer welcomes you to the first level which features an intricate en-suite bunk room, a second living room or 6th bedroom is also on this level as well as a powder room, outside shower and dream laundry room equipped with high end cabinetry and a beverage refrigerator to make coming and going to the beach a breeze. Take the elevator or stunning staircase to the main level where the impressive light filled great room perfectly blends a dream gourmet kitchen with the dining area, living room with wet bar and over-sized screened porch plus a sun deck. A pantry, powder room and en-suite bedroom complete this floor. The upper level features a spacious primary suite with an over-sized deck and dramatic views of the ocean from every corner. This level is complete with two additional en-suite bedrooms. No expense was spared from start to finish as this home offers the very finest in beach living. NuCedar PVC shingle siding, Wolfe and Cove appliances, quartz counter tops, Calacatta Berini marble surround for the fireplace and wet bar plus an abundance of light fixtures by Serena and Lily. This home has steel plates on 6000 psi pre-stressed concrete columns and the exterior is 2 x 6 framing. This beach house strikes the perfect balance between luxury and comfort. Located on a quiet life guarded beach close to downtown Bethany’s shops and restaurants.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/14/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

JENNIFER SMITH

Keller Williams Realty License #RS-0024095

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 2020

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,712 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Luxury Vinyl Plank Tile Flooring
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • No Home Owners Association
  • Built by Marnie Oursler
  • South Bethany Harbor Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 134-20.08-172.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: This stunning Oceanfront home was built in 2020 by recognized builder, Marnie Oursler and is appointed with only the highest end finishes through out. Designed to capture unparalleled views of the ocean from nearly every room, absolutely no detail was spared in this luxury beach home. Upon entering, the impressive foyer welcomes you to the first level which features an intricate en-suite bunk room, a second living room or 6th bedroom is also on this level as well as a powder room, outside shower and dream laundry room equipped with high end cabinetry and a beverage refrigerator to make coming and going to the beach a breeze. Take the elevator or stunning staircase to the main level where the impressive light filled great room perfectly blends a dream gourmet kitchen with the dining area, living room with wet bar and over-sized screened porch plus a sun deck. A pantry, powder room and en-suite bedroom complete this floor. The upper level features a spacious primary suite with an over-sized deck and dramatic views of the ocean from every corner. This level is complete with two additional en-suite bedrooms. No expense was spared from start to finish as this home offers the very finest in beach living. NuCedar PVC shingle siding, Wolfe and Cove appliances, quartz counter tops, Calacatta Berini marble surround for the fireplace and wet bar plus an abundance of light fixtures by Serena and Lily. This home has steel plates on 6000 psi pre-stressed concrete columns and the exterior is 2 x 6 framing. This beach house strikes the perfect balance between luxury and comfort. Located on a quiet life guarded beach close to downtown Bethany’s shops and restaurants.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3712
  • Living Area Sq Ft: 3712
  • Price Per Sq Ft: 1237.88
  • Above Grade Finished Sq Ft: 3712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Ocean, Panoramic, Water
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Builder Name: Marnie Oursler

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5119634
  • School Tax: 2483.00
  • Tax Annual Amount: 4026.00
  • Assessor Parcel Number: 134-20.08-172.00
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/12/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 12, 2021
Sold by
Schnider Martin L and Schnider Isabelle J
Bought by
Michelle Leader Ret
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$4,595,000
Sold Price
$5,100,000
Premium/Discount to List
$505,000
10.99%
Current Estimated Value
$3,338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,762,000
Avg. Annual Appreciation
-19.91%
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 Buyer Sale Price Title Company
Michelle Leader Ret $5,100,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $5,100,000 +11.0% $1,374 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $4,595,000 -- $1,238 / 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 $2,936 $38,450 $24,000 $14,450
2023 $2,933 $38,450 $24,000 $14,450
2022 $2,885 $38,450 $24,000 $14,450
2021 $2,799 $38,450 $24,000 $14,450
2020 $2,671 $38,450 $24,000 $14,450
2019 $1,440 $38,450 $24,000 $14,450
2018 $1,454 $38,450 $0 $0
2017 $1,466 $38,450 $0 $0
2016 $1,292 $38,450 $0 $0
2015 $1,331 $38,450 $0 $0
2014 $1,311 $38,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000457

Bright MLS

APN: 134-20.08-172.00