816 GARFIELD PARKWAY
About This Property
Introducing a breathtaking 4-bedroom, 4.5-bath luxury masterpiece, crafted with impeccable features and premium finishes, located less than a mile from downtown Bethany. This exceptional property offers not only comfortable beachside living but also unparalleled access to the beach businesses that create the ideal vacation experience.
Walk out your front door to Debifos Market, Surfin Betty's Burgers, Off the Hook, Cocolo Sushi, Grotto Pizza, Bethany Diner, Wawa, and Bethany Beach Beverage. This home is an ideal choice for those who value convenience and a vibrant location. The myriad of Bethany Beach's renowned restaurants, boutiques, and attractions are literally at your doorstep, making errands and entertainment a breeze. This isn't just a house; it's a gateway to everything Bethany Beach has to offer.
No detail was spared in this attractive new construction, with high-end finishes throughout and thoughtfully curated aesthetics in each room. The charming exterior, highlighted with Tando Cedar Shake, was designed with exceptional craftsmanship and delivers a maintenance-free living experience. Step inside the foyer and discover an inviting first-floor bedroom suite with a beautifully appointed full bath. The heart of this residence is the expansive Great Room, featuring an open-concept design that seamlessly connects to the gourmet kitchen and dining area, making it perfect for entertaining or everyday living. Ascend to find generously sized bedrooms, each capable of accommodating a king-sized bed, adorned with distinctive, stylish bathrooms and walk-in closets. Each bathroom has its own layout and design, boasting refined marble accents, captivating navy-blue tile designs, or spa-inspired touches. The owner's suite is a true sanctuary located at the rear of the property. It has abundant natural light, high ceilings, and a lavish ensuite bath. An inviting bonus room on the upper level offers flexible space ideal for a home office, media room, playroom, or guest retreat. Relax or entertain effortlessly on the expansive concrete patio with privacy screen, complemented by a charming screened-in porch that opens to the great room and captures the gentle ocean breezes. An oversized 2-car garage provides ample room for vehicles and beach gear, completing this exceptional coastal residence. Whether you're seeking a year-round residence, a lucrative rental investment, or your dream vacation getaway, 816 Garfield Parkway delivers. Embrace the convenience, embrace the coastal lifestyle, with NO HOA– your Bethany Beach adventure starts here! **Below market Seller Financing available to qualified buyers***
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Price Decreased |
$1,650,000
↓ $34K
(2%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$1,684,000
↓ $15K
(0.9%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Coldwell Banker Realty | $1,699,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017