806 S Edgewater House Road #806S, BETHANY BEACH, DE 19930 (MLS # DESU2089832)

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PRICE $1,899,000 BEDS 3 BATHS 3 HOME SIZE 1,500 sqft LOT SIZE 5.67 ac Request More Info Schedule a Showing

BEACH VACATION GETAWAY! PERMANENT RESIDENCE! INVESTMENT PROPERTY! All options are possible for this ocean-front, 3-bedroom, 2 ½ bath, furnished condominium in Edgewater House, Sea Colony East's premier beachfront address. Located on the 8th floor at the Southeast corner, this distinctive unit offers an unobstructed panorama of the ocean and beach to the east and an extended view of the coastal skyline to the south, both from the wrap-around balcony. Looking west from the owner's suite private balcony, stunning sunsets are visible. Parking is located under the building and in lots to the north and south of the front entrance. Owners receive two parking passes, including one reserved space assigned after closing. Also, each unit has an assigned beach locker adjacent to the parking area under the building. The elevator to the 8th floor is located immediately behind the Sand Bar Deli at the south end of the building. Edgewater House is at the center of Sea Colony East, composed of nine luxury, ocean-front buildings. The east side indoor pool, fitness center, Sand Bar deli, and community security office are conveniently located on the ground floor of Edgewater. Purchased in 1988, this condominium is smoke-free and has never been rented during the family's 37-year possession. From the beginning, this home has been carefully maintained. The owners completed a full renovation of the unit and systems totaling approximately $200,000. Custom home specialist Miken Builders was the general contractor. Highlights include: complete kitchen update, white cabinets, granite counter tops, GE Profile appliances; porcelain tile in the entry and kitchen; laundry room with full-sized, stackable Whirlpool washer/dryer and custom built-in cabinets; soffit removal allowing ocean views from the kitchen while creating an open-concept kitchen, dining and living room; "popcorn ceiling" has been removed; complete update of two bathrooms and installation of a new half-bath; multi-panel, solid core pocket-door-system for complete enclosure of the third bedroom; new, high-end solid core doors throughout the unit; custom build-in cabinets in the third bedroom and dining area for added convenient storage; and wiring updates to accommodate renovation. The hot water heater and HVAC system, with a 3.5-ton compressor and air handler to enhance air conditioning capacity, are three years old. The Selling Agent will provide a one-year Cinch Home Services Warranty. FOR VACATION LIVING, this home is move-in-ready and fully equipped including kitchen items. FOR SEASONAL AND PERMANENT RESIDENTS, the home offers "no steps" entry from the ground level into the elevator which is adjacent to condo's entry. FOR INVESTORS, Sea Colony boasts a robust pre-season, high-season, and off-season rental history. While this unit has never been rented, condominiums with comparable floor plans, sleeping accommodations, and locations report $60,000 to $80,000 of annual rental income. No matter the owner's use, Sea Colony and Bethany Beach are vibrant year-round, coastal destinations. ALL SEA COLONY OWNERS and guests have full access to the one-half mile of private beach, 10 out-door swimming pools, 2 indoor pools, 2 fitness centers, world-class indoor and outdoor tennis and pickle ball courts, bocce ball court, putting green, west-side lake privileges, playgrounds, summer beach-tram service, beautifully maintained grounds, and 24-hour security. There are EV charging stations in the East Side (beach side) parking lot and in Sea Colony West. Association /Community Info: Condo fees include Cable TV, high-speed internet, water, exterior building maintenance, lawn and common area care, management, insurance, trash pick-up, reserve funds, and 24-hour security.