37419 5th St , Rehoboth Beach, DE 19971
Rehoboth Beach, DE 19971
Description
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!
Details
| Mls | DESU2072208 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Buildingname | NONE AVAILABLE |
| Subtype | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 60 |
| Listing Provided By | NextHome Tomorrow Realty | ALLEN JARMON |
Features
| Sq Feet | 1,750 |
|---|---|
| Zoning | AR-1 |
| Acreage | 0.18 |
Market Activity 19971
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Learn More About This Property
| State | DE |
|---|---|
| County | Sussex |
| City | Rehoboth Beach |
| Zip Code | 19971 |
| Area | Lewes Rehoboth Hundred |
| Community Name | Bay Vista |
| School District | Cape Henlopen |
| Listing VS Median (in Bay Vista) | |
Price: $825,000 low | high Med: $825,000 SqFt: 1,750 low | high Med: 1,750 $ / SqFt: $471 low | high Med: $471 On Site: 60 low | high Med: 60.000000 | |
