$3,100,000
SOLD JUN 27, 2025

706 S Ocean Dr Bethany Beach, DE 19930

5 Beds
3 Baths
2,500 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,240 Per Sq Ft

6% Below List Price

37 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Deck

About This Home

As of June 2025

Oceanfront coastal cottage with expansive views of the coastline and access to a life-guarded beach, only steps from your deck! This home is full of seaside charm with soaring, exposed-beam wood ceilings and wide plank wood walls, painted a crisp white. The wide open floor plan offers an abundance of space for family and friends to gather. The expansive great room with stunning ocean views spills onto an oversized beachfront deck. Featuring 5 bedrooms and 3 full baths, this home has two additional areas to gather, especially on a rainy day at the beach. The loft is the perfect spot for kids on the top floor, and on the ground level, there is a separate game area with a ping pong table and large screen TV. The over-sized garage provides added parking and together with a second smaller garage, there is ample storage space for bikes and all your beach necessities. Automatic storm shutters on the East side of the home provide added security and peace of mind when you are away. Offered fully furnished, this property is ready to be enjoyed or would be an exceptional investment property with a strong rental history. Located in South Bethany, well known for its beautifully wide, uncrowded beach, and just a short drive to downtown Bethany with shops, restaurants, and a boardwalk.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/17/2025

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

(302) 245-5223 christi@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/17/2025

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1972

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Frame Construction
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Recreation Room
  • Loft
  • Luxury Vinyl Plank Tile Flooring

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-20.08-192.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Oceanfront coastal cottage with expansive views of the coastline and access to a life-guarded beach, only steps from your deck! This home is full of seaside charm with soaring, exposed-beam wood ceilings and wide plank wood walls, painted a crisp white. The wide open floor plan offers an abundance of space for family and friends to gather. The expansive great room with stunning ocean views spills onto an oversized beachfront deck. Featuring 5 bedrooms and 3 full baths, this home has two additional areas to gather, especially on a rainy day at the beach. The loft is the perfect spot for kids on the top floor, and on the ground level, there is a separate game area with a ping pong table and large screen TV. The over-sized garage provides added parking and together with a second smaller garage, there is ample storage space for bikes and all your beach necessities. Automatic storm shutters on the East side of the home provide added security and peace of mind when you are away. Offered fully furnished, this property is ready to be enjoyed or would be an exceptional investment property with a strong rental history. Located in South Bethany, well known for its beautifully wide, uncrowded beach, and just a short drive to downtown Bethany with shops, restaurants, and a boardwalk.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Loft, Recreation Room
  • Basement: No
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 1318.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 706

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

Lot Info

  • Land Use Code: 999
  • 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), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1908.00
  • Tax Annual Amount: 3118.00
  • Assessor Parcel Number: 134-20.08-192.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/27/2025

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
Apr 17, 2025
Closed on
Jun 27, 2025
Sold by
Krenz Lyn and Krenz Keith A
Bought by
Sb Seascape Llc
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.53%

Purchase Details

Closed on
Dec 12, 1997
Bought by
Krenz Keith A and Krenz Lyn
Source: Public Records

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 Type Sale Price Title Company
Deed $3,100,000 None Listed On Document
Deed $3,100,000 None Listed On Document
Deed $410,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $291,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $3,100,000 -5.9% $1,240 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $3,295,000 -- $1,318 / 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 $2,138 $51,700 $24,000 $27,700
2023 $2,135 $51,700 $24,000 $27,700
2022 $2,101 $51,700 $24,000 $27,700
2021 $2,038 $51,700 $24,000 $27,700
2020 $1,945 $51,700 $24,000 $27,700
2019 $1,936 $51,700 $24,000 $27,700
2018 $1,955 $51,700 $0 $0
2017 $1,971 $51,700 $0 $0
2016 $1,737 $51,700 $0 $0
2015 $1,790 $51,700 $0 $0
2014 $1,763 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2084022

Bright MLS

APN: 134-20.08-192.00