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PRICE $6,950,000 dsIDX morgage calculator
BEDS 11
BATHS 9
HOME SIZE 7,750 sqft
LOT SIZE 9,584 sqft

SPECTACULAR OCEAN AND BAY VIEWS! THIS EXQUISITE, ONE-OF-A-KIND, ESTATE HOME OFFERS LUXURIOUS, PRIVATE-RESORT STYLE LIVING! SECOND TO NONE! (See Virtual Tours, Comps and Floor Plans attached!) With 7,750 sf under air ($896 per square foot) and over 4,000 sf of porches, decks and patios on 5 levels-this is an entertainer's dream! Located in the exclusive, private community of Indian Beach adjacent to south Dewey Beach, Indian Beach encompasses 6 ocean block streets with private, guarded beaches and private security. Most estate homes here are situated on oversized lots. This home has been professionally decorated and elegantly appointed with many designer pieces. You will feel right at home whether you are hosting a formal affair, corporate event or casual beach weekend with family and friends. The home was featured in the Holiday Edition of Coastal Style Magazine in December 2022. Designed for grand scale entertaining, the home boasts an exceptional open floor plan and 2 stunning Thermador full kitchens on the main and third levels. The expansive main level kitchen has 2 large islands, icemaker and beverage wine refrigerator. There are 2 living areas on the main level w/large gas fireplace and an expansive dining area that seats 14 around a 10 ft. custom table. The main island accommodates 10 additional persons for seating and 5 persons at the secondary island (total dining seating for 29 persons). This floor boasts a large, walk-in pantry, custom crown molding and trim, coffered ceilings, ship lap and gorgeous tile floors throughout. There is a large porch off the kitchen/dining areas with beautiful views of the bay, a Lynx gas grill, seating and dining area, and outdoor 55" TV-all with views of the inground pool on the lower level and Rehoboth Bay. Main level (2nd floor) also has an extraordinary primary suite and two additional bedrooms (or 1 bedroom and an office). The primary suite has partial bay views and an ensuite full bath. The 2nd king bedroom and 3rd bedroom/office share a full bath. There is also a half bath on this floor and plenty of closets for storage, The 3rd floor boasts a 2nd full Thermador kitchen with large 8 x 12 foot island that accommodates 15 persons for dining or sports parties with an 85" TV! Zoning Code will no longer permit a 2nd kitchen, so this is a rarity and an entertainer's dream. There is also a large living and dining areas and doors open to a large 3rd floor porch with living and dining areas, gas fireplace and amazing view of the ocean and Rehoboth Bay. This level also includes another primary, king sized ensuite with luxurious bath that features a free standing soaking tub and high end combination shower and steam room. There are 3 additional bedrooms that share a full bath plus a half bath for use by the entertaining areas. Morning sunsets and evening sunrises can be enjoyed on the two side porches and roof deck. You can not beat the amazing views of the ocean and Rehoboth Bay from this vantage point! The lower level includes a 3rd primary king ensuite with gorgeous bath w/separate WC, There are 3 additional bedrooms on this floor and two addition full baths. A large rec/workout room occupies this level with a 60" TV and coffee bar that leads to the pool area. 2 car garage, elevator to all 3 floors, 3 zone, high velocity central air/heat systems, a 45K whole house Sonos sound system (including the outdoor areas), 3 full size laundry rooms (on each level), 3 tankless Rinnai water heaters, plenty of closets and storage space, parking for 12 cars, extensive landscaping, lovely 27'x12' heated pool with adjacent covered porch and new patio with a private 5 person hot tub. There is a $40K retention basin drainage system that supports rain water discharge around the perimeter. Furniture & decor negotiable. Price upon request. Rental Income: $28,000-$30,000 per week. $350K per 12 Summer weeks. Full year: $450-$500K. Georgetown & Saulisbury airports 30-50 min away for private plane.

DAYS ON MARKET 174 LAST UPDATED 11/1/2023
TRACT INDIAN BEACH YEAR BUILT 2015
COMMUNITY Lewes Rehoboth Hundred (31009) GARAGE SPACES 2.0
COUNTY SUSSEX STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District CAPE HENLOPEN

PRICE HISTORY
Prior to Nov 1, '23 $7,982,000
Nov 1, '23 - Today $6,950,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Disposal, Electric Oven, Electric Range, Freezer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
AREA Lewes Rehoboth Hundred (31009)
BUYER'S BROKERAGE COMPENSATION 2
CONSTRUCTION Frame
EXTERIOR Barbecue
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Exhaust Fan, Fireplace Insert, Forced Air
HOA DUES 1200|Semi-Annual
INTERIOR Elevator, Kitchen Island, Pantry, Sound System, Walk-in Closet(s)
LOT 9583 sq ft
LOT DIMENSIONS 100.00 x 100.00
PARKING Garage Door Opener, Off Street, Attached
POOL Yes
POOL DESCRIPTION In Ground
SEWER Public Sewer
STORIES 3
STYLE Contemporary
SUBDIVISION INDIAN BEACH
TAXES 4846
UTILITIES Propane
VIEW Yes
VIEW DESCRIPTION Bay, Water, Ocean
WATER Public
WATER ACCESS Atlantic Ocean
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Front
MORTGAGE CALCULATOR
   

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Listing provided by BAY COAST REALTY

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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