Rehoboth Beach, DE 19971,49 LAKE AVE
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Rehoboth Beach, DE 19971,49 LAKE AVE
Rehoboth Beach, DE 19971,49 LAKE AVE
Rehoboth Beach, DE 19971,49 LAKE AVE
Rehoboth Beach, DE 19971,49 LAKE AVE

$2,800,000

Est. payment /mo

$2,999,000

6.6%
Est.Price: ?

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49 LAKE AVE Rehoboth Beach, DE 19971

7 Beds

6 Baths

3,777 SqFt

SOLD DATE : 07/18/2023

Key Details

Sold Price $2,800,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,777 sqft

Price per Sqft $741

Subdivision North Rehoboth

MLS Listing ID DESU2035190

Style Coastal

Bedrooms 7

Full Baths 5

Half Baths 1

Year Built 2001

Annual Tax Amount $2,721

Tax Year 2021

Lot Size 5,227 Sqft

Property Description

NEW PRICE!! Stunning Coastal Contemporary with a separate Guest Cottage in the heart of Rehoboth Beach! Check out the Virtual Tour Icon. The main house features 2697 sq ft, 5 bedrooms, walk in closets, 3.5 baths, which includes spacious 1st and 2nd floor master suites. Soaring 10' ceilings throughout the 1st floor great room, 9' ceilings in the spacious 1st floor master suite with Plantation shutters and custom trim. Throughout you'll find vaulted ceilings in the 2nd floor primary suite and 3 additional 2nd floor bedrooms. This home has been renovated to include a gourmet kitchen with extensive cabinetry, custom lighting, stainless steel appliances, walk-in pantry, laundry room, granite countertops and an oversized gathering island. The great room features many custom built-ins and a gas fireplace with surround sound. It opens to a covered wrap around porch that faces South and West with abundant sun, sunshades, generous seating & dining areas. This home also features many porches, decks, balconies, several off-street parking spaces, outdoor shower, new roof, an encapsulated crawl space, an outbuilding with storage and a work shop, a charging station for an electric car, and colorful landscaping which all make this special home a show stopper!

The guest cottage has also been renovated and is every bit as special as the main house. It features 1080 sq ft, 3 stories, 2 bedrooms and 2 baths. The 1st floor is home to a spacious bedroom suite with a full bath and can double as a media room with surround sound, accent lighting, and heated floor. The 2nd floor boasts an open floor plan with an updated kitchen, stainless appliances, gas cook top, granite counters, breakfast island, designer full bath, and opens to a lovely sun deck off the living area. The 2nd bedroom with custom closet is located on the 3rd floor. Plantation shutters throughout finish off the delightful cottage ambiance.

The sellers have never rented this property but have 2 rental licenses and excellent rental potential. Being sold with designer furnishings which means you can be enjoying your new home, the beach & boards this Spring, and it's all just a short stroll to everything Rehoboth Beach has to offer! Restaurants, shopping, the beach & boardwalk, and much more! Hurry, this is a special property that, at approx. 3777 total sq ft, can not be duplicated with today's building requirements! Projected Summer rental income $161,000 plus potential additional shoulder season rental income. Being offered below appraised value!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Tankless, Electric, 60+ Gallon Tank

Heating Forced Air, Heat Pump(s), Wall Unit

Cooling Central A/C

Flooring Hardwood, Carpet, Tile/Brick, Vinyl

Fireplaces Number 1

Fireplaces Type Fireplace - Glass Doors, Gas/Propane, Mantel(s)

Equipment Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater, Water Heater - Tankless

Laundry Main Floor

Exterior

Exterior Feature Balconies- Multiple, Deck(s), Wrap Around

Fence Vinyl, Rear

Utilities Available Cable TV Available, Electric Available, Phone Available, Propane, Sewer Available, Water Available

Water Access N

Roof Type Architectural Shingle

Building

Story 3

Foundation Block, Crawl Space

Sewer Public Sewer

Water Public

Structure Type 9'+ Ceilings,Vaulted Ceilings,Dry Wall

New Construction N

Schools

School District Cape Henlopen

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

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Bright MLS (BMLS)
Listed by MICHAEL RODRIGUEZ • Jack Lingo - Rehoboth
Bought with Michael Kogler • Long & Foster Real Estate, Inc.

Jason Gareau

Broker

+1(609) 929-4486

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