302 Laurel St

Rehoboth Beach, DE 19971

$2,295,000.00

price

5

beds

4/1

baths

0.11 acres

lot size

Built in 2018 by Echelon Custom Homes, this home is located on one of the quietest streets in town, with ample parking. Park the car and walk to Rehoboth Avenue for dinner, the boardwalk for a stroll or sit on the quiet front porch or large back patio. The owners thought of everything as this home was built with multiple gathering spaces, including a fully-equipped game room on the lower level. Features include double off-street parking spaces and a large outdoor closet for bikes & beach equipment. With a proven rental history, $127k of gross rental income in 2021 (notwithstanding part-time owner use), this is the perfect Rehoboth beach house for family enjoyment and income generation if desired.

Facts & Features: 3000 sf + Lower Level Game Room. 5 Bedrooms, 4.5 Baths. Wide-open floorplan featuring chef’s kitchen with double islands, 2 dishwashers, 2 ovens & a wine fridge. Sleeping capacity of 14+. High efficiency HVAC and dual oversized water heaters. Outdoor beach and bike closet. Oversized solar system on roof (Owned). Professionally decorated – FULLY furnished (excluding 1 painting.) Large rear patio with pergola & outdoor teak dining table. Fully fenced backyard for privacy and pets. Private outdoor shower.

Rentals: Turnkey rental with great income potential and history. The owner’s family used this home regularly and yet generated significant rental income to help offset the expenses of a beach home. This home has 35 Five Star Reviews as a vacation rental:
“What a beautiful open, gorgeous space with every amenity. The chef’s kitchen, first and second floor living areas, double master bedrooms, easy proximity to the beach and town. Spotless brand new construction, lovely decoration, we camped out there and only went out to dinner once in five days it was so nice to be there! An oasis of a house in Rehoboth.” “We just loved the house and the neighborhood. The kitchen is first rate, with two dishwashers and a wide open island. The dining room table runs alongside the kitchen and also opens into the living room area. The huge TV can be viewed from the kitchen as well as several surrounding sofas. Lots of closets and storage space. There is a master bedroom both on the first floor and the second floor so adults can be downstairs and the kids upstairs. We walked to the beach every single morning, and walked into town regularly. The house is spacious without being overwhelming and just filled with sunlight. A real find.” Guest bookings through 8/20/22 to be inherited/honored by new owners. All rentals must be honored.

General Details

StatusCLOSED
List Price$2,295,000.00
Address302 Laurel St
Rehoboth Beach DE 19971
MLS NumberDESU2021010
Beds5
Baths4/1
Lot Size (Acres)0.11
Lot Size (Sq. Ft.)4792.00
Levels/Stores2
GarageNo
Structure TypeDetached
New ConstructionNo
Builder NameEchelon Custom Homes
Year Built2018
StyleCoastal
Tax ID334-14.17-264.00
Ownership InterestFee Simple
AgentAndy Meddick
BrokerageKeller Williams Realty

Location

Latitude38.71242000
Longitude-75.08627000
In City LimitsYes
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionCOUNTRY CLUB ESTATES
School DistrictCAPE HENLOPEN

Water Access

WaterfrontNo

Associaton/HOA

HOAYes
HOA Fee20.00
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Heating FuelElectric
Hot WaterElectric

Request More Information

Hidden
Name(Required)
Offered by

Keller Williams Realty

Courtesy of: Keller Williams Realty

Listing information Copyright BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
Date last updated: 08/18/2022 04:52:06 PM