1301 COASTAL HIGHWAY #453
DEWEY BEACH, DE 19971
Sold Price: $1,014,500
List Price: $1,025,000
Sold Date: Oct 28, 2024
Beds: 2
Baths: 2
Sq. Ft.: 1,077
Type: Condo
Escape to coastal living with this beautiful, fully-furnished 2-bedroom, 2-bathroom condo at The Residences at Lighthouse Cove. Perfectly nestled between the Rehoboth Bay and the Atlantic Ocean, you will enjoy stunning bay views and sunsets right from your private balcony overlooking the sparkling outdoor heated pool. Designed with a charming coastal theme, this unit features light, airy interiors with soft beach-inspired tones, creating a serene, vacation-like atmosphere year-round, including a gas fireplace for cooler weather. The gourmet kitchen boasts granite counters, stainless appliances, and a newly-installed coastal backsplash. The spacious primary bedroom is appointed with a quality furniture suite with an ultra plush king-sized bed with ensuite bathroom featuring a double vanity and a tiled, walk-in shower. The second bedroom, featuring two skylights and a ceiling fan, offers a pyramid bunk bed with an additional trundle under the full-size bed for extra sleeping space, and conveniently connects to laundry area and hall bathroom with tub/shower. The unit is just steps away from the rooftop plaza providing multiple grilling stations, fire pits and seating areas, with picturesque ocean and bay views. With direct access to the bay and one block from the ocean, you'll have endless opportunities for water activities, sunrises, sunsets, and leisurely walks along the beach. The additional indoor saltwater pool and fitness center are available with an optional annual recreation fee. This property is being sold completely turnkey with excellent rental potential of $80-$90K per year. Any existing bookings through December will be transferred to new owner, with the possibility to re-assign to other units. Embrace the coastal lifestyle or reap the rewards of a lucrative rental...the choice is yours!
Buyer's Agent: Meredith S Rosenthal
Listing Agent: William C Hall
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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