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37419 5TH Street

REHOBOTH BEACH, DE 19971
  • $825,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: DESU2069502
Price Reduced
UPDATED: 36 min ago
$825,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $471
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:

School Information

High School:
School District:

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!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-11-07T17:58:05.23.
www.gregorygrayrealty.com/homes/154669941
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37419 5TH Street REHOBOTH BEACH, DE 19971

  • Price: $825,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 36 min ago
  • ID#: DESU2069502
3
Beds
2
Baths
0
½ Baths
0.18
Acres
1,750
SQFT
$471
$/SQFT
1959
Built
Neighborhood:
Bay Vista
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
High School:
Cape Henlopen
School District:
Cape Henlopen
Property 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!
Exterior Features

Architectural Style Cape Cod Construction Materials FrameBlock Exterior Features Awning(s)Outside Shower Garage YN No Other Structures Shed Parking Types DrivewayOn Street Pool No Pool Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1750 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricExtra Refrigerator/FreezerOven/Range - ElectricRefrigeratorWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWall Unit Exclusions Some artwork Fireplace YN No Furnished Yes Heating Central Heating YN Yes Inclusions Upstairs furnished as shown Interior Features 2nd KitchenCarpetCeiling Fan(s)Entry Level BedroomKitchen - IslandBathroom - Stall ShowerWindow TreatmentsWood Floors Laundry Type Common Levels 2.5 Main Level Bedrooms 2 Pets Allowed No Pet Restrictions

Property Features

Acceptable Financing CashConventional Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN Yes Foundation Details Slab Green Energy Generation PV Solar Array(s) Owned Heating Fuel Propane - LeasedElectric Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 803323605288 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Septic Structure Design Type Detached Tax Annual Amount 660.00 Total Actual Rent 40400.00 Vacation Rental YN Yes Water Source Public Zoning AR-1

Listing courtesy of NextHome Tomorrow Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-11-07T17:58:05.23.
 
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