$ 2,150,000
-
$2,150,000
Price -
4
Bed -
3
Bath -
2,000
SqFt
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About the Listing SMPLCHCE - 3147099
Welcome to Seaside Rendezvous -- This spectacular Key-West style home is truly a seashore oasis located in the coveted north end of Dewey Beach know as Rehoboth by the Sea. This resort hideaway is a one-of-a-kind property featuring a spectacular 12 x 27 heated, in ground private pool with water fall feature surrounded by tropical landscaping with gorgeous palms, seasonal red geraniums and 6 ft privacy fence surrounding the entire property. A large patio with sun lounge chairs and al fresco dining area surround the pool. Relax here, or take a short three minute walk to sink your toes into the sand and the Atlantic Ocean. Many nights you can hear the waves crashing on the large, 12x24 screened porch overlooking the pool and lake just across the street. The home features an open concept great room with living/dining areas with beautiful vaulted wood ceilings, exquisite tongue and groove hardwood floors, updated kitchen and baths, central heat and air conditioning. A wall of floor to ceiling glass separates the porch and great room allowing natural light to flow freely throughout the main rooms. There are two primary suites w/full ensuite baths, one off the great room and one in the new addition (added in 2023). Two additional bedrooms (queen and queen with bunk beds) share a hall bath -- all have vaulted wood ceilings and hardwood floors. There is a small private deck off the rear primary suite. Excellect rental history / summer prime weeks at $15,000 per week. Two off street parking spaces. The home is beautifully designed and decorated - furnishings negotible. This is a Land Lease property with 32 years left on the land lease. Land rent approx. $11,000 annually with increases every five years (not every year). RENTAL INCOME 2024 was $189,000.00 Rent just two weeks and it pays your land lease and most expenses!
Listing Highlights for 114 Chesapeake St
Status
Active With Contingency
Days on Site
38
Property Type
Residential
MLS ®
DESU2097676
Year Built
1960
Total Square Footage
2,000
Lot/Acreage
0.11
Land Lease
¤11,000.00 Annually
County
Sussex
Building Name
NONE AVAILABLE
Neighborhood
Rehoboth By The Sea
School District
Cape Henlopen
High School
Cape Henlopen
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Range Hood, Microwave, Refrigerator, Washer, Water Heater
- Air Cond: Central A/C
- Heating: Central
- Fireplaces: 1, 1 Fireplace
- Floor: Hardwood
- Above Ground Sq Ft: 2000
- Below Ground Sq Ft: 0
- Basement:
- Other: Ceiling Fan(s),Combination Dining/Living,Exposed Beams,Floor Plan - Open,Sprinkler System,Window Treatments,Wood Floors,Main Floor Bedrooms: 4
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 50.00 x 100.00
- Zoning: TN
- Roof: Asbestos Shingle
- Others: BBQ Grill,Sidewalks,Exterior Lighting,Excellent
- Sewer: Public Sewer
- Parking Features: Driveway,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,467
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
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Listing Location
Questions About..
114 Chesapeake St Dewey Beach, DE 19971
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