22 Cedar Rd

Rehoboth Beach, DE 19971

$2,295,000.00

price

3

beds

2/

baths

0.21 acres

lot size

PRICE REDCUED!!! Prime oceanblock real estate in North Shores. Large 75′ x 125′ wooded lot located just 10 houses from the pristine, private beaches of North Shores. Improved by 3 bedroom, 2 bath home with vaulted ceilings and spacious rear porch. Community recreational facilities include a spectacular pool, tennis courts, clubhouse, marina and security. Private residential setting and yet just a short walk or bike ride to the beach, Rehoboth Boardwalk, many fine restaurants, shopping, Funland, entertainment, Cape Henlopen State Park trails, and much more. Rental income of $27,000 in place for summer of 2024. Opportunity to collect rental income while designing and permitting for remodel or new home construction start in the Fall. Excellent candidate for a 1031 exchange. Opportunity for tax deduction if existing house is donated. Additional community information available at northshores.net

General Details

StatusActive
List Price$2,295,000.00
Address22 Cedar Rd
Rehoboth Beach DE 19971
MLS NumberDESU2055090
Beds3
Baths2/
Lot Size (Acres)0.21
Lot Size (Sq. Ft.)9148.00
Levels/Stores1
GarageNo
Structure TypeDetached
New ConstructionNo
Year Built1970
StyleRanch/Rambler
Tax ID334-14.05-71.00
Ownership InterestFee Simple
AgentJoe Reed
BrokerageCape Realty

Location

Latitude38.73123000
Longitude-75.08294000
In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionNORTH SHORES
School DistrictCAPE HENLOPEN

Water Access

WaterfrontNo

Associaton/HOA

HOAYes
HOA Fee2800.00
HOA Fee FrequencyAnnually
Condo/Coop AssociationNo
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirNo
Cooling TypeHeat Pump(s)
Cooling FuelElectric
Heating FuelOil
Hot WaterElectric

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Date last updated: 05/25/2024 12:27:19 AM