Description
Investment Opportunity Minutes from Lewes & Rehoboth Beach! Whether you're looking to expand your rental portfolio, purchase a beach getaway that can help pay for itself, or find a flexible coastal property, this beautifully updated 3-bedroom, 3.5-bath home in The Plantations checks all the boxes. With no rental restrictions, including the ability to rent nightly, owners have the flexibility to capitalize on high-demand vacation stays, weekend getaways, and peak summer rental opportunities. The home's unique layout is especially well suited for guests, with each of the three bedrooms featuring its own private en suite bath-a highly desirable setup for vacation rentals, allowing multiple couples or families to enjoy their own space and privacy. The spacious first-floor primary suite features skylights, a walk-in closet, and private bath, while two generously sized guest suites are located upstairs. Designed for gathering and entertaining, the bright living room features soaring ceilings, skylights, and a cozy fireplace, while the large sunroom provides additional living space for guests to spread out and relax. Step outside to the oversized deck and fenced backyard-perfect for grilling, outdoor dining, and enjoying summer evenings after a day at the beach. Recent improvements include updated flooring, trim, casing, paint, and hardware, along with a complete plumbing replacement with PEX piping and a refinished deck. With many updates already completed, the property offers an attractive opportunity for an investor looking for a coastal home with strong rental flexibility. Ideally positioned just minutes from Lewes and Rehoboth Beach, guests can easily enjoy the area's beaches, restaurants, shopping, bike trails, and entertainment. Add in a low HOA and nightly rental potential, and this property offers the versatility to serve as a full-time investment, part-time vacation rental, personal beach retreat-or a combination of all three.
Details
| MLS # | DESU2118036 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | NONE AVAILABLE |
| HOA Dues | $230 |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1988 |
| Days On Site | 56 |
| Listing Provided By | Monument Sotheby's International Realty | Chelsea Bristow |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,800 |
| Garage | 2 |
| Story(s) | 2 |
| Zoning | MR |
| Acreage | 0.24 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| Interior Features | Bathroom - Soaking Tub, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Skylight(s), Walk-in Closet(s) |
| Window Features | Skylights |
| Appliances | Oven/Range - Electric, Refrigerator, Stainless Steel Appliances |
Exterior
| Construction Materials | Frame |
|---|---|
| Foundation Details | Crawl Space |
Parking
| Garage Yes / No | Yes |
|---|
Taxes
| Tax Annual Amount | 998 |
|---|
Area Information
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | LEWES |
| Zip Code | 19958 |
| Area | Lewes Rehoboth Hundred (31009) |
| Community Name | PLANTATIONS |
| School District | CAPE HENLOPEN |
| Listing VS Median (in PLANTATIONS) | |
Price: $589,000 low | high Med: $318,950 sqft: 2,800 low | high Med: 1,182 $ / sqft: $210 low | high Med: $269 On site: 56 low | high Med: 15.5 | |
Market Activity 19958
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Learn More About This Property
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | LEWES |
| Zip Code | 19958 |
| Area | Lewes Rehoboth Hundred (31009) |
| Community Name | PLANTATIONS |
| School District | CAPE HENLOPEN |
| Listing VS Median (in PLANTATIONS) | |
Price: $589,000 low | high Med: $318,950 sqft: 2,800 low | high Med: 1,182 $ / sqft: $210 low | high Med: $269 On site: 56 low | high Med: 15.5 | |