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Furnished Two-Bedroom Income Property
For Sale
$470,000

39240 TIMBERLAKE CT #8903, Bethany Beach, DE 19930

BETHANY BEACH, DE

Property Size950 SF
Price / SF$494.74
Days on Market54

Property Features for 39240 TIMBERLAKE CT #8903

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision SEA COLONY WEST
High school INDIAN RIV
Elementary school district INDIAN RIVER
Middle school district INDIAN RIVER
High school district INDIAN RIVER
Standard status Active

Amenities

large private deck
private guarded beach
indoor and outdoor pools
fitness centers
tennis and pickleball courts
basketball courts
playgrounds
walking and biking paths
seasonal transportation

Building Details

Year built 1988
Listing Agency: Bethany
Listed By: Michele Petrillo
Added: Aug 14 Changed: Sep 22 Last Checked: Oct 6 at 1:06AM
MLS# DESU2117972

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This furnished residential income property is a two-bedroom, two-bath condominium in Sea Colony West, offering approximately 950 square feet of living space. The interior includes decorative tile in the main living areas, carpeted bedrooms, and a layout with added width that accommodates a larger second bedroom and an additional front-porch storage closet. A private deck extends the living area outdoors and overlooks a wooded setting.

Ownership is fee simple, and the property is being offered furnished and equipped as shown, subject to limited personal-item exclusions. Sea Colony amenities include a half-mile private guarded beach, indoor and outdoor pools, two fitness centers, tennis and pickleball facilities, basketball courts, playgrounds, walking and biking paths, and seasonal transportation within the community and to the beach. The property was built in 1988 and is positioned for use as a coastal residence, second home, or rental property.

Key Highlights

  • Fee‑simple ownership with no ground rent
  • Two‑bedroom, two‑bath condominium with approximately 950 square feet
  • Unusually large private deck surrounded by mature trees

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Nail Salon HVAC Service Auto Repair Shop Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 19930, DE

2,657
Population
8,884
Households
0.3
Avg Household Size
66
Median Age
72%
College-Educated
99%
High-School Grad
5.9 sq mi
ZIP Area
450
Density / Sq Mi
$118,092
Median Household Income
$59,044
Median Earnings
$1,542
Median Rent
$798,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Furnished coastal residence with a private deck, wooded outlook, and access to extensive resort amenities.
Where is this residential income property located?
The property is located at 39240 TIMBERLAKE CT #8903 Bethany Beach, DE.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Fee‑simple ownership with no ground rent; Two‑bedroom, two‑bath condominium with approximately 950 square feet; Unusually large private deck surrounded by mature trees
More about this property
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