$1,865,000
$1,865,000
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5 Beds
3 Baths
2,500 SqFt
SOLD DATE : 03/28/2024
Key Details
Sold Price $1,865,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $746
Subdivision Rehoboth By The Sea
MLS Listing ID DESU2056128
Sold Date 03/28/24
Style Coastal,Cottage
Bedrooms 5
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,500
Originating Board BRIGHT
Land Lease Amount 5098.0
Land Lease Frequency Quarterly
Year Built 1960
Annual Tax Amount $493
Tax Year 2023
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 50.00 x 100.00
Property Description
Discover your dream beach home in this 5-bedroom, 3.5-bathroom home in the exclusive Rehoboth-by-the-Sea neighborhood at the north end of Dewey Beach. Fully renovated in 2020, enjoy new construction upgrades and fixtures throughout. The home offers a private, heated, in-ground pool, a fully fenced backyard, and driveway parking for 4-5 cars. Located in the second block from the beach, the home is appx 150 yards from the dune entrance, and is an easy stroll to in-town Dewey and the Rehoboth boardwalk.
With demonstrated rental income over $120,000 annually, this versatile property is ideal as a second home, a lucrative seasonal rental, or a year-round residence. Whether you're seeking a private getaway or an investment opportunity, the “Chicago Bungalow” presents a unique blend of charm, luxury, and practicality.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RESIDENTIAL
Rooms
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Coastal, Cottage
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-20.14-122.00
Ownership Land Lease
SqFt Source Estimated
Special Listing Condition Standard
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Bought with MICHAEL RODRIGUEZ • Jack Lingo - Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "