103 Lakeside Dr, Lewes, DE 19958
- $359,900
- 3
- BD
- 3
- BA
- 1,536
- SqFt
- List Price
- $359,900
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- DESU2112800
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,536
- Lot Size (Acres)
- 0.06
- Style
- Traditional
- Year Built
- 2002
- County
- Sussex
- School District
- Cape Henlopen
Property Description
Welcome to 103 Lakeside Drive in the desirable Plantations East community of Lewes, Delaware. This well-maintained property presents an exceptional opportunity for investors, future retirees, second-home buyers, or anyone looking to secure a beach-area property before they are ready to move. Currently tenant-occupied through December 31, 2026, with rental income of $1,950 per month, this home offers immediate income-producing potential with a tenant already in place. It is also an excellent option for buyers seeking a 1031 Exchange replacement property, allowing investors to continue building wealth while benefiting from steady rental income. Plantations East is known for its scenic ponds, walking trails, mature landscaping, and peaceful setting, all while being conveniently located near the area's most popular attractions. Enjoy easy access to Lewes and Rehoboth Beach, shopping, dining, golf courses, entertainment, and everyday conveniences. Beebe Healthcare and other medical facilities are just minutes away. The community's central location provides convenient access throughout the coastal region while helping residents navigate around much of the seasonal beach traffic. Nearby state parks, biking trails, boating, fishing, and outdoor recreation make this an ideal location for both year-round living and vacation enjoyment. Whether you're looking for a turnkey investment property, a future retirement residence, a second home at the Delaware beaches, or a property suitable for a 1031 Exchange, 103 Lakeside Drive offers flexibility, income potential, and a highly desirable location close to everything coastal Delaware has to offer.
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Additional Information
- Area
- Lewes Rehoboth Hundred (31009)
- Subdivision
- Plantations East
- Taxes
- $753
- HOA Fee
- $350
- HOA Frequency
- Quarterly
- Interior Features
- Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space, Pantry, Primary Bath(s), Upgraded Countertops, Walk-in Closet(s), Other
- Amenities
- Common Grounds, Jog/Walk Path
- School District
- Cape Henlopen
- High School
- Cape Henlopen
- Fireplaces
- 1
- Fireplace Description
- Gas/Propane
- Flooring
- Carpet, Luxury Vinyl Plank
- Exterior Features
- Street Lights
- Community Amenities
- Common Grounds, Jog/Walk Path
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Roof
- Architectural Shingle
- Utilities
- Cable TV Available, Phone Available, Sewer Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact: 3026456661