49 LANTERN LN Rehoboth Beach, DE 19971

This 1,344 sq. ft. home has a great location about 1 block from the community pool. Colonial East is located in the “Midway” area of Rehoboth, so you’ll be an equal distance - about 4 miles - to either Rehoboth's beach and boardwalk or to the Lewes public beach! And there are restaurants, a water park, movie theatre, and a fitness center with racquetball just around the corner. This home features a 6’x22’ screened porch & a side patio for your outdoor living space. A paver walkway leads back to the grill area and the storage shed. The inside has vaulted ceilings and an open floor plan with the living room adjoining the dining area, which is next to the kitchen. The bedrooms and baths are down the hall toward the rear of the home. The main bedroom is en suite; that bath has a large stall shower. The second full bath in the hall has a tub/shower. The laundry room, with a full-size washer & dryer set, is off of the kitchen. New water heater in January 2022. New roof in 2018 when the screened porch was added. Bonus 3-car driveway. Extra storage under the screened porch. Bunk beds and dining room table & chairs will convey. Two pets are allowed in this Colonial East, plus they have a Dog Park. (Note: Rentals are NOT permitted, but friends & family may always visit.) Leasehold interest: Lot Rent of approx. $522.50/mt., which includes seasonal lawn service, trash & membership to the outdoor pool. Homeowner pays electric, water, sewer, metered LP gas & cable/Internet. RHP (a/k/a Bayshore Homes) is the current community owner; RHP requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. Financing may be available to qualified borrowers from only a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include 3.75% DMV Doc Fee & Settlement Agent fee.