$ 399,900
-
$399,900
Price -
3
Bed -
2
Bath -
1,456
SqFt
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About the Listing KWBCH05 - 3258266,3257236
Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts 🚴♀️🌿. For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.
Listing Highlights
Status
Active
Days on Site
65
Property Type
Residential
MLS ®
DESU2109908
Year Built
1980
Total Square Footage
1,456
Lot/Acreage
0.23
County
Sussex
Building Name
NONE AVAILABLE
Neighborhood
Tru Vale Acres
School District
Cape Henlopen
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces: 1, 1 Fireplace
- Floor: Carpet,Laminated
- Above Ground Sq Ft: 1456
- Below Ground Sq Ft: 0
- Basement:
- Other: No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 3
- Water: Well,Public
Exterior Details
- Lot Description: Level,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: GR
- Roof:
- Others: Outbuilding(s),Below Average
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $757
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
502 5th St Rehoboth Beach, DE 19971
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