Homes for sale - 38242 ROBINSON DR, Rehoboth Beach, DE 19971

Andie Scheidt

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$ 1,450,000

$ 1,499,000 3.3%

Est. payment -/mo

Sold on 11/19/2024

38242 ROBINSON DR Rehoboth Beach, DE 19971

4 Beds

3 Baths

6,098 Sqft Lot

UPDATED:

Key Details

Sold Price $1,450,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Dodds Addition

MLS Listing ID DESU2069994

Sold Date 11/19/24

Style Coastal

Bedrooms 4

Full Baths 3

HOA Y/N N

Originating Board BRIGHT

Year Built 1980

Annual Tax Amount $1,056

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 76.00 x 84.00

Property Description

Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income in '22 & '23! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning MR

Direction Northwest

Rooms

Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3, Screened Porch

Basement Full, Partially Finished

Main Level Bedrooms 1

Interior

Interior Features Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Skylight(s), Entry Level Bedroom, Kitchen - Gourmet, Recessed Lighting

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Bamboo, Carpet, Ceramic Tile

Equipment Oven/Range - Electric, Range Hood, Refrigerator, Extra Refrigerator/Freezer, Icemaker, Microwave, Dishwasher, Washer, Dryer, Water Heater, Disposal, Washer/Dryer Stacked

Furnishings Partially

Fireplace N

Appliance Oven/Range - Electric, Range Hood, Refrigerator, Extra Refrigerator/Freezer, Icemaker, Microwave, Dishwasher, Washer, Dryer, Water Heater, Disposal, Washer/Dryer Stacked

Heat Source Electric

Laundry Washer In Unit, Dryer In Unit, Main Floor, Upper Floor

Exterior

Exterior Feature Screened, Porch(es), Deck(s)

Garage Spaces 6.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Porch Screened, Porch(es), Deck(s)

Total Parking Spaces 6

Garage N

Building

Story 3

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cape Henlopen

Others

Pets Allowed Y

Senior Community No

Tax ID 334-20.09-37.00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

Listed by Debbie Reed • RE/MAX Realty Group Rehoboth
Bought with Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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