PRICE REDUCED! This quintessential beach cottage is located on an over-sized lot on the ocean block of PRIVATE North Indian Beach. Situated on a 90 ft x 100 ft lot, this special beach cottage offers 4 bedrooms, 1.5 baths, cozy living room, updated kitchen, large screened in porch and sprawling outdoor deck. Not to mention the huge yard - tons of space and plenty of parking! On the southern end of Dewey Beach, the community of North Indian Beach offers an easy walk to all that Dewey has to offer. Keep your boat across the street at the Rehoboth Bay Marina. Walk into town for a night at the Starboard or Rusty Rudder. Take your bike or catch the trolley into downtown Rehoboth. North Indian Beach Association is a small, unique community that offers a private, guarded beach and private security. Current owners have rented the home for a few summer weeks, earning great rental income, although potential is much greater. Should you choose to build new, this particular lot offers incredible building options. *Renderings provided by local builder for Buyers reference only. Building Cost is approximately $775,000(subject to change with Buyers final selections). The building cost is separate from current home/land sale. Buyer is not obligated to building rendering.**Builder shall be responsible for the builder referral of 2.5% of the base price for the home construction (not including the lot) paid directly to the Buyer's Broker.Rare opportunity!