1 Wanoma Cir

Rehoboth Beach, DE 19971







0.20 acres

lot size

SUN KISSED, SUN POWERED, BREATHTAKING SUNSETS AND A WATER VIEW. Simultaneously collect rent & reside. Mother-In-Law Suite or Live-In Caregiver Suite with separate entrance. Enjoy unobstructed water views and a carefree coastal lifestyle 3.5 miles to sand, surf & boardwalk, with a constant $196 monthly electricity cost. This better than new, move-in ready home features real wood floors, enhanced lighting, premium architectural detail, maintenance-free decks, fenced yard and exquisite landscaping. Only one neighbor and miles of meandering walking trails among acres of fountained lakes. Community pool, community center and community boat & RV storage for residents. Low fees and total annual property tax of $1,702.34. The breathtaking sunsets never get old. Each element of this exquisite home has been painstakingly planned for a turn-key, immediate gratification buyer experience. RENT SUBSIDY OPTIONS: 1) Live in the house and rent the basement, and have $225,000 of your mortgage paid by your tenant ($1,250 monthly income at 5.375% interest). 2) Live in the basement and rent the house, and have $450,000 of your mortgage paid by your tenant ($2,500 monthly income at 5.375% interest). 3) Collecting rent from the home and basement for $3,700 per month cash flow ($44,400 annually) subsidizes a $670,000 mortgage.

General Details

List Price$695,000.00
Address1 Wanoma Cir
Rehoboth Beach DE 19971
MLS NumberDESU2019066
Lot Size (Acres)0.20
Lot Size (Sq. Ft.)8712.00
BasementFull,Outside Entrance,Interior Access,Sump Pump,Walkout Stairs,Workshop,Other,Partially Finished,Poured Concrete
Structure TypeDetached
New ConstructionNo
Year Built2003
Tax ID334-18.00-510.00
Ownership InterestFee Simple
AgentSkip Faust Iii
BrokerageColdwell Banker Premier - Rehoboth


In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionVillages Of Old Landing II
School DistrictCAPE HENLOPEN

Water Access



HOA Fee1000.00
Senior CommunityNo
AmenitiesCommunity Center,Lake,Picnic Area,Swimming Pool,Other

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Heating FuelPropane - Metered
Hot WaterPropane

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Offered by

Coldwell Banker Premier - Rehoboth

Courtesy of: Coldwell Banker Premier - Rehoboth

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Date last updated: 01/26/2023 09:52:35 PM