Ocean View, DE · Strictly 55+ · Condo · Resale Only

Cedar Bay

72-unit strictly 55+ condo community in Ocean View, 2 miles from Bethany Beach. Built 2005–2006, resale only. Priced $200K–$300K — the lowest entry point of any strictly age-restricted community within close range of the Delaware beaches.

72
Total Units
Strictly 55+
Age Restriction
Condos
Home Type
$200K–$300K
Price Range
Resale Only
Market Status
2 mi
To Bethany Beach

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Cedar Bay’s Role in the Market

Cedar Bay fills a specific gap in the coastal Delaware 55+ market: strictly age-restricted ownership near Bethany Beach at $200K–$300K. Most communities near the beaches start at $300K and run considerably higher. Cedar Bay’s 72-unit condo structure allows entry-level beach-proximity ownership for buyers who want the strictest age-restriction protection (not just age-targeted) at the lowest available price point in this corridor.

Built 2005–2006 and resale-only, Cedar Bay is fully mature and has no new construction component. Condo structure means common area maintenance, exterior maintenance, and community amenities are covered by the HOA fee — typically higher as a percentage of unit value than single-family HOAs because the condo association manages the exterior envelope.

Strictly 55+ means federal age restriction complianceCedar Bay’s strictly 55+ designation means it qualifies as senior housing under the Housing for Older Persons Act. At least 80% of occupied units must have at least one resident 55 or older, and the community must publish and follow policies demonstrating an intent to provide housing for persons 55+. This is a legally enforceable age restriction, not a marketing preference.
Condo HOA fees — verify the full fee and what it covers before purchasingCondo HOA fees at a 20-year-old building need particular scrutiny. Request the reserve study, the reserve fund balance, and the fee history for the past 5 years. A condo community with an aging building and underfunded reserves is a special assessment risk.
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Cedar Bay Questions?

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