37419 5th St, Rehoboth Beach, DE 19971

$850,000
3
BD
2
BA
1,750
SqFt
List Price
$850,000
Status
COMING SOON
MLS#
DESU2069502
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,750
Lot Size (Acres)
0.18
Style
Cape Cod
Year Built
1959
County
Sussex
School District
Cape Henlopen

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 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 int eh $1.5M range! Scoop this up now, build your dream home in the future!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Bay Vista
Taxes
$660
Interior Features
2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island, Bathroom - Stall Shower, Window Treatments, Wood Floors
School District
Cape Henlopen
High School
Cape Henlopen
Exterior Features
Awning(s), Outside Shower
Heating
Central
Heating Fuel
Propane - Leased, Electric
Cooling
Central A/C, Wall Unit
Roof
Asphalt
Water
Public
Sewer
Public Septic

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NextHome Tomorrow Realty. Contact: 3026014171