$1,137,500

Original list price: $1,225,000

Sold

507 Fa••••• House Rd (Sign up for 50 free credits to unlock)Bethany Beach, DE 19930

3Beds
2Baths
1,060Sq Ft Living
-Sq Ft Lot
1977Year Built

Property Description

Experience Coastal Living at its finest in this exceptional three-bedroom oceanfront residence, ideally positioned in the highly sought-after point section of the Farragut building. Showcasing one of the most breathtaking views in all of Sea Colony, this home offers sweeping, unobstructed ocean views that can be enjoyed from nearly all areas of the home, the living and dining areas, kitchen, primary bedroom, balcony and even the third bedroom offers a distant ocean view. Meticulously maintained with evident pride of ownership, this beautifully appointed condo features an updated open-concept kitchen and fully renovated bathrooms, blending comfort with modern coastal elegance. Luxury vinyl plank flooring flows seamlessly throughout the living spaces, complemented by tile in the baths and kitchen. Refined details elevate the home, including crown molding in the living and dining areas, a decorative kitchen backsplash, and stylish tile surrounds with accent detailing in both the primary and guest baths. Offered fully furnished with a light, inviting coastal aesthetic, this turnkey property is ideal as a lucrative rental investment or your own private beachfront retreat. Enjoy the added benefit of overlooking the outdoor pool, while being just steps from the Edgewater House, home to the indoor pool and fitness center. A rare opportunity to own in one of Sea Colony's most desirable oceanfront locations.

Property Facts & Features

Property Type
Condos
Status
Closed
Listed
Apr 3, 2026
Sold
Oct 13, 2026
List Price
$1,225,000
Price per Sq Ft
$1073/sqft
ZIP Code
19930
Full Baths
2
Stories
1
Parking
Parking Lot
Heating
Forced Air
Cooling
Central A/C
Construction
Cement Siding, Composition, Concrete, Masonry
Style
Contemporary
HOA Fee
$937/mo
Property Tax (2026)
$2,206/yr
Assessed Value
$518,500
County
Sussex
School District
Indian River School District

Estimated Value

$1,183,500Range $1,055,300 to $1,370,700

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Land Info

  • Land Lease: Yes

Appliances

  • Washer Dryer Hookup: Yes

Multi-Unit Info

  • Number of Units: 0

Interior Features

  • Bathroom - Stall Shower
  • Bathroom - Tub Shower
  • Ceiling Fan(s)
  • Combination Dining/Living
  • Crown Moldings
  • Dining Area
  • Entry Level Bedroom
  • Floor Plan - Open
  • Primary Bath(s)
  • Primary Bedroom - Ocean Front
  • Studio
  • Upgraded Countertops
  • Window Treatments

Garage and Parking

  • Parking Features: Parking Lot

School Information

  • School District: INDIAN RIVER

Heating and Cooling

  • Cooling Features: Central A/C
  • Heating Features: Forced Air
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 2215
  • Source Listing Status: Closed
  • County: SUSSEX
  • Disclaimer: Standard
  • Ownership: Land Lease
  • Property Subtype: condo
  • Source Neighborhood: SEA COLONY EAST
  • Subdivision: SEA COLONY EAST

Accessibility Features

  • Elevator
  • Doors - Swing In

Homeowners Association

  • Association: Yes
  • Association Fee: 2810
  • Association Fee Frequency: Quarterly
  • Calculated Total Monthly Association Fees: 937
  • Senior Community: No

Building and Construction

  • Total Square Feet Living: 1060
  • Year Built: 1977
  • Above Grade Finished Area: 1060
  • BelowGradeFinishedArea: 0
  • Building Name: Sea Colony Farragut
  • Construction Materials: Cement Siding, Composition, Concrete, Masonry
  • Levels: 1
  • Property Age: 49
  • Levels or Stories: 1
  • Structure Type: Unit/Flat/Apartment
  • Total Area Sqft: 1060
  • Elevator: Yes
  • Architectural Style: Contemporary

Waterfront and Water Access

  • Water Access
  • Waterfront
  • Waterfront Feet: 1

Location

Lat 38.52775 · Lng -75.05436