37419 5th St

Rehoboth Beach, DE 19971

$850,000.00

price

3

beds

2/

baths

0.18 acres

lot size

Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won’t want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!

General Details

StatusActive
List Price$850,000.00
Address37419 5th St
Rehoboth Beach DE 19971
MLS NumberDESU2069502
Beds3
Baths2/
Lot Size (Acres)0.18
Lot Size (Sq. Ft.)7700.00
Levels/Stores2.5
GarageNo
Structure TypeDetached
New ConstructionNo
Year Built1959
StyleCape Cod
Tax ID334-19.16-67.01
Ownership InterestFee Simple
AgentAllen Jarmon
BrokerageNexthome Tomorrow Realty

Location

Latitude38.69808000
Longitude-75.09734000
In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionBAY VISTA
School DistrictCAPE HENLOPEN

Water Access

WaterfrontNo

Associaton/HOA

HOANo
Condo/Coop AssociationNo
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Septic
Central AirYes
Cooling TypeCentral A/C,Wall Unit
Cooling FuelElectric
Heating FuelPropane - Leased,Electric
Hot WaterElectric

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Nexthome Tomorrow Realty

Courtesy of: Nexthome Tomorrow Realty

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Date last updated: 10/05/2024 02:13:09 PM