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Andie Scheidt

[email protected] +1(410) 241-1754

$ 825,000

Est. payment -/mo

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Price Dropped by $25K

37419 5TH ST Rehoboth Beach, DE 19971

3 Beds

2 Baths

1,750 SqFt

UPDATED:

10/26/2024 06:56 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $471

Subdivision Bay Vista

MLS Listing ID DESU2069502

Style Cape Cod

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,750

Originating Board BRIGHT

Year Built 1959

Annual Tax Amount $660

Tax Year 2023

Lot Size 7,700 Sqft

Acres 0.18

Lot Dimensions 77 x 100

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!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning AR-1

Rooms

Main Level Bedrooms 2

Interior

Interior Features 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island, Bathroom - Stall Shower, Window Treatments, Wood Floors

Hot Water Electric

Heating Central

Cooling Central A/C, Wall Unit

Inclusions Upstairs furnished as shown

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Furnishings Yes

Fireplace N

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Heat Source Propane - Leased, Electric

Laundry Common

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Roof Type Asphalt

Accessibility None

Parking Type Driveway, On Street

Total Parking Spaces 6

Garage N

Building

Story 2.5

Foundation Slab

Sewer Public Septic

Water Public

Architectural Style Cape Cod

Level or Stories 2.5

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Pets Allowed Y

Senior Community No

Tax ID 334-19.16-67.01

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

Listed by ALLEN JARMON • NextHome Tomorrow Realty

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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