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South Bethany 19930
706 S OCEAN DRIVE
$3,100,000
● House - Off Market

706 S OCEAN DRIVE

SOUTH BETHANY, DE 19930
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$16,439
Est. Monthly
1.09%
Cap Rate

About This Property

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.
Unit Size
2,500 Ft²
Days on Market
34 days
Land Size
0.14 acres
Price per sqft
$1,318
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1972

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Last updated: 2 years ago (Bright MLS #DESU2084022)

Price History

Date / Event Date Event Price
Jun 27, 2025 Sold
Sold
May 25, 2025 In contract -
In contract
Apr 17, 2025 Listed by Long & Foster Real Estate, Inc. $3,295,000
Listed by Long & Foster Real Estate, Inc.
Dec 12, 1997 Sold
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,352
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 808
  • Building Area: 808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 808
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH BETHANY
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: S BETHANY OCEAN DR LOT 3 BLK 8 W/IMP

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 051203

Zoning

  • Zoning: TN

Geography

  • District: INDIAN RIVER
  • Parcel: 134-20.08-192.00
  • Block: 8
  • Lot: 3
  • Municipality: 19930
  • Latitude: 38.5121
  • Longitude: -75.053

    Address

  • Full Address: 706 S Ocean Dr
  • Address - House Number: 706
  • Street Direction: S
  • Address - Street Name: Ocean
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Bethany Beach
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,541

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 71
  • Final Value: 2,122,476
  • High Value: 2,571,904
  • Low Value: 1,673,048

    Market Valuation

  • Market Total Value: $103,400
  • Market Land Value: $48,000
  • Market Improvement Value: $55,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,700
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $27,700

    Sales

  • Current Sale Recording Date: Dec 12, 1997
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Bethany


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Frequently Asked Questions

When was property at 706 South Ocean Drive built and last sold?
The property at 706 South Ocean Drive was built in 1972 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 706 South Ocean Drive is $3,327,950.
What are some comparable homes to 706 South Ocean Drive?
There are currently no comparable homes to 706 South Ocean Drive.