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MASSIVE PRICE REDUCTION! This custom home built in 2021 features 5 BEDROOMS, 5.5 BATHS, a full finished BASEMENT and the ever desirable inground, heated 22ft x 10ft POOL located right in downtown Rehoboth. While this property would make an excellent primary or second home, the investment potential as a rental property is second to none. Built with a firm understanding of what renters are looking for, this home has an extremely impressive rental history. The property grossed $168,000 in 2022. Weeks booking for 2023 now around $12,500+/- week during peak summer. What's more, this home is being sold turn-key, fully furnished with high end pieces. Upon entry, you'll be welcomed into the spacious living room which reaches through to the kitchen and dining area. Luxury vinyl plank flooring flows throughout the entirety of the home's living spaces and bedrooms. The first floor primary suite entrance is encased by double doors and boasts a large bedroom, sun filled windows and an attached bath with custom tiled shower and dual vanities. The kitchen has stainless steel appliances, custom pendant lighting and a large island perfect for entertaining. With large sliding glass doors leading out to the pool, you are only steps away from the backyard oasis. Here you'll find the large concrete pool complete with patio area, BBQ grill with propane gas line, irrigation system and large outbuilding for storage, all fenced in with 6 foot privacy fencing. Back inside, the kitchen flows into the dining space, making gathering for meal times a breeze. The dining area is accented by custom millwork, an enormous picture window and plenty of space to fit all guests of the home. An entirely separate living area and game center awaits in the fully finished basement. This space is enhanced with recessed lighting, huge pool table, large flat screen TV multiple sitting areas and even a Skee Ball machine! Upstairs you'll find the remaining 4 bedroom suites, complete with their own full, custom tile work bathrooms and pocket doors. The laundry room is conveniently located on the 2nd floor. Walk to Dogfish Head Brew Pub, Rise Up, Egg & so many more popular Rehoboth Beach shops, restaurants and bars. The beach and boardwalk are just a few short blocks away - nearby Hickman Street offers a direct route.
DAYS ON MARKET | 131 | LAST UPDATED | 5/22/2023 |
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TRACT | COUNTRY CLUB ESTATES | YEAR BUILT | 2021 |
COUNTY | SUSSEX | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
School District | CAPE HENLOPEN |
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PRICE HISTORY | |
Prior to May 22, '23 | $2,550,000 |
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May 22, '23 - Today | $2,300,000 |
ADDITIONAL DETAILS | |
AIR | Central A/C |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater |
BASEMENT | Fully Finished, Yes |
CONSTRUCTION | Stick Built |
EXTERIOR | BBQ Grill, Outbuilding(s), Underground Lawn Sprinkler |
GARAGE | Paved Driveway |
HEAT | Heat Pump(s) |
HOA DUES | 20.00 Annually |
INTERIOR | Attic, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops |
LOT | 4792 sq ft |
LOT DESCRIPTION | Landscaping |
LOT DIMENSIONS | 50.00 x 100.00 |
POOL | Yes |
POOL DESCRIPTION | Fenced,Heated,Concrete |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Coastal, Contemporary, Detached |
SUBDIVISION | COUNTRY CLUB ESTATES |
TAXES | 2095.00 |
WATER | Public |
ZONING | TN |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jack Lingo - Lewes
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
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