37419 5Th Street, Rehoboth Beach, DE 19971-3622 $825,000

Beds/Baths: 3/2
Interior Sq. Ft: 1,750
Acreage: 0.18
Age:66 years
Style:
Cape Cod
MLS#: DESU2069502
Subdivision: Bay Vista
Design/Type:
Detached

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!

Taxes: $660
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
High School: Cape Henlopen

Features

Utilities
Central Heating, Electric, Propane - Leased, Central A/C, Wall Unit Cooling, Electric, Hot Water - Electric, Public Water, Public Septic, Common Laundry

Garage/Parking
Driveway, On Street

Interior
2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island

Exterior
Slab Foundation, Asphalt Roof, Block Exterior, Frame Exterior, Outside Shower, Awning(s)

Contact Information

Listing Courtesy of: NextHome Tomorrow Realty , (302) 601-4171

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Listing data as of 2/12/2025.