$4,900,000
SOLD FEB 18, 2025
5 Beds
4.5 Baths
3,400 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,441 Per Sq Ft

2% Below List Price

20 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • Game Room
  • Lord Baltimore Elementary School Rated A-
  • No HOA
  • 4 Car Attached Garage

About This Home

As of February 2025

*Pre-construction photos. Check Back for professional photography of Completed Project in the next few weeks!*

Nestled in the heart of Downtown Bethany Beach, this newly constructed 3400 square foot custom-built ocean-view home exemplifies coastal elegance with no detail overlooked and no expense spared. Situated just one property back from direct oceanfront on a coveted south corner lot, this home promises captivating ocean views and easy access to the sandy shores of the Atlantic, and the famous Bethany Beach Boardwalk.

The design of this coastal-style residence emphasizes a blend of luxury and comfort, featuring expansive balconies on both levels that offer ample outdoor living opportunities to soak in the stunning vistas and the crisp ocean breeze. The reverse living floorplan is meticulously crafted to highlight the breathtaking ocean views, particularly from the oversized kitchen. Here, residents can enjoy the sight of the waves while entertaining around a massive island topped with striking quartz countertops and panoramic views.

This home’s interior boasts professionally designed spaces, including sprawling cathedral ceilings in the second-floor living room that enhance the sense of openness and grandeur. Each of the five spacious bedrooms is a retreat of its own, complete with custom closets. The residence houses 4.5 bathrooms, each showcasing intricate custom tile work that adds a touch of sophistication. The master suite is a sanctuary, featuring dual walk-in closets, an all-marble bathroom with a glass-encased walk-in shower, and a private soaking tub, creating a spa-like atmosphere.

Practical luxury continues with a private elevator, providing effortless access between floors, and an oversized garage large enough to store four cars, offering more than enough space for vehicles and beach gear. The ground floor includes a versatile game-room and additional storage room, with potential to add a convenient 'beach bathroom.'

The private backyard of this residence offers a serene escape, perfect for intimate gatherings or a quiet moment alone under the stars.

Living in Downtown Bethany Beach not only means residing in a stunning home but also enjoying a lifestyle enriched by local attractions and entertainment. The area is bustling with charming boutiques, gourmet restaurants, and cozy cafes that cater to every taste. The vibrant community hosts numerous events throughout the year, maintaining a small-town feel with big-city amenities.

This property’s location ensures privacy thanks to the south corner lot positioning, enhancing the infusion of natural light throughout the home and offering peace away from the neighboring properties on one side.

This remarkable home represents a rare opportunity to own a piece of paradise in Bethany Beach, where luxury meets coastal living in an unmatched setting. Whether as a primary residence or a seasonal getaway, this home is designed to deliver an exceptional living experience.

Last Agent to Sell the Property

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 12/27/2024

Keller Williams Realty Delmarva

Last Buyer's Agent

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 12/27/2024

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • West Facing Home
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 4 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • New Construction
  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Game Room
  • Luxury Vinyl Plank Tile Flooring

Bedrooms and Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-13.20-144.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2024-12-27
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Game Room
  • Basement: No
  • Total Sq Ft: 6800
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 1467.65
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Unfinished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 954.00
  • Tax Annual Amount: 1069.00
  • Assessor Parcel Number: 134-13.20-144.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Feb 14, 2025
Sold by
Amended And Restated Revocable Trust Of and Coldiron Kerry B
Bought by
Bella Bethany Llc
Seller's Agent
Grant Fritschle
Keller Williams Realty Delmarva
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$4,990,000
Sold Price
$4,900,000
Premium/Discount to List
-$90,000
-1.8%
Views
73
Current Estimated Value
$4,747,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,667
Avg. Annual Appreciation
-3.61%
Original Mortgage
$3,920,000
Outstanding Balance
$3,893,554
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$853,780

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 12, 2021
Sold by
Langmead Charles T and Langmead Mary S
Bought by
Broder Joshua M and Broder Alison L
Seller's Agent
Kasey Keith
RE/MAX Coastal
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.37%
Original Mortgage
$1,280,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 23, 2019
Closed on
Jul 29, 2020
Sold by
Luxe Assetz Llc
Bought by
Langmead Charles T and Langmead Mary S
Seller's Agent
Chrisy Tingle
Keller Williams Realty
Buyer's Agent
Kasey Keith
RE/MAX Coastal
List Price
$1,799,000
Sold Price
$1,350,000
Premium/Discount to List
-$449,000
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.34%

Purchase Details

Closed on
Feb 4, 2019
Sold by
Gannon Elizabeth C
Bought by
Luxe Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $4,900,000 None Listed On Document
Deed $4,900,000 None Listed On Document
Deed $1,650,000 None Available
Deed $1,350,000 None Available
Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,920,000 New Conventional
Closed $3,920,000 New Conventional
Previous Owner $1,280,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $800,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2025 02/18/25 Sold $4,900,000 -1.8% $1,441 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $4,990,000 +162.6% $1,468 / Sq Ft
05/04/2022 05/04/22 Sold $1,900,000 -4.8% -- View Prior Sale
04/14/2022 04/14/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $1,995,000 -13.1% --
02/22/2022 02/22/22 Price Changed $2,295,000 -11.6% --
02/12/2022 02/12/22 For Sale $2,595,000 +57.3% --
05/12/2021 05/12/21 Sold $1,650,000 0.0% -- View Prior Sale
03/10/2021 03/10/21 For Sale $1,650,000 +22.2% --
07/31/2020 07/31/20 Sold $1,350,000 -12.8% -- View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $1,549,000 -3.1% --
12/16/2019 12/16/19 Price Changed $1,599,000 -4.8% --
07/12/2019 07/12/19 Price Changed $1,679,000 -1.2% --
06/05/2019 06/05/19 Price Changed $1,699,000 -5.0% --
04/29/2019 04/29/19 Price Changed $1,789,000 -0.6% --
03/23/2019 03/23/19 For Sale $1,799,000 -- --
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 $9,701 $25,850 $20,400 $5,450
2024 $1,069 $25,850 $20,400 $5,450
2023 $1,068 $25,850 $20,400 $5,450
2022 $1,050 $25,850 $20,400 $5,450
2021 $1,019 $25,850 $20,400 $5,450
2020 $972 $25,850 $20,400 $5,450
2019 $968 $25,850 $20,400 $5,450
2018 $977 $25,850 $0 $0
2017 $986 $25,850 $0 $0
2016 $868 $25,850 $0 $0
2015 $895 $25,850 $0 $0
2014 $882 $25,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2074730

Bright MLS

APN: 134-13.20-144.00