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Residential Income Property with Private Deck
For Sale
$470,000

39240 TIMBERLAKE CT #8903, Bethany Beach, DE 19930

BETHANY BEACH, DE

Property Size950 SF
Price / SF$494.74
Days on Market8

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 1, Bedroom 2
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

private deck
private guarded beach
indoor and outdoor swimming pools
fitness centers
tennis and pickleball facilities
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: Aug 20 Last Checked: Aug 21 at 3:06PM
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 approximately 950-square-foot, two-bedroom, two-bath condominium was built in 1988 and is offered furnished and equipped as shown, subject to a few personal-item exclusions. The interior includes decorative tile flooring in the main living areas, carpeting in the bedrooms, and a layout suited to residential use. A private deck extends the living space outdoors and overlooks a mature wooded setting.

The residence is located in Sea Colony West at 39240 Timberlake Court in Bethany Beach, Delaware. Community amenities include a half-mile private guarded beach, indoor and outdoor swimming 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 is identified as a residential income property and offers two bedrooms and two baths in an established coastal resort community.

Key Highlights

  • Approximately 950 square feet with 2 bedrooms and 2 baths
  • Private deck bordered by mature trees
  • Furnished and equipped as shown, with limited personal‑item exclusions

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Dental Office HVAC Service

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Furnished two-bedroom coastal residence with wooded outdoor space and access to extensive community recreation.
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: Approximately 950 square feet with 2 bedrooms and 2 baths; Private deck bordered by mature trees; Furnished and equipped as shown, with limited personal‑item exclusions
More about this property
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