16
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$1,250,000
Est. payment /mo
0.25 Acres Lot
Price Dropped by $50K
37430 5TH ST Rehoboth Beach, DE 19971
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UPDATED:
11/25/2024 02:18 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2072570
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $936
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 125.00 x 101.00
Property Description
Incredible opportunity to have your dream home on a quarter-acre, private corner waterfront parcel in beautiful Bay Vista! Just over a mile from downtown Rehoboth Beach, this unique oversized lot measures 101’ x 125’ and features protected, million-dollar views all the way to Thompson Island, Dewey Beach, and Rehoboth Bay. The existing residence is a block bungalow configured as a 2-bedroom 1-bath cottage adjoined to a 1-bedroom and bath guest unit. Use the existing structure while you develop plans or rent one or both units. With no HOA or rental restrictions, this is an unparalleled opportunity to own a premium parcel with direct water access, a boater and birder's paradise! Offering both seclusion and convenience, with 3 private docks already in place, the possibilities for enjoying waterfront living are endless. Launch your boat or kayak for a day of exploring Rehoboth Bay, or simply relax by the canal as you take in the stunning views. This lot provides a unique foundation for a lifestyle filled with adventure and tranquility.
Whether you're an investor or looking to build your forever home, this is a rare value...a chance to secure a prime improved waterfront lot with immense potential. Don't miss the opportunity to craft your own oasis! Embrace the coastal lifestyle of this hidden treasure.
Whether you're an investor or looking to build your forever home, this is a rare value...a chance to secure a prime improved waterfront lot with immense potential. Don't miss the opportunity to craft your own oasis! Embrace the coastal lifestyle of this hidden treasure.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning AR-1
Exterior
Water Access Y
View Canal, Scenic Vista, Trees/Woods, Panoramic
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Cape Henlopen
Others
Tax ID 334-19.16-113.00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Terry Stinson • Keller Williams Realty
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