Have your cake and eat it too! Hear the waves crash from this quintessential beach cottage (only steps from the ocean on a RARE lot and a half!), which has 4 bedrooms down (including 2 master suites), with 3 full baths, open living/kitchen arrangement, and to die for wrap around screened porch. Rent the downstairs for up to $40k income during the season and still use and enjoy a separate owner's apt. upstairs with great room, kitchenette, bedroom, full bath and a large deck, perfect for sunning & enjoying ocean breezes. Then, have the whole house for the family to enjoy the rest of the year! Nicely updated throughout the years with new bathrooms, kitchen appliances, new roof and new deck. Two outside showers! Perfectly situated close to Rehoboth Beach at the quiet north end of Dewey, it's a short walk or Jolly Trolley ride to both town attractions. Don't miss this chance to own a piece of history - formerly part of the original Dupont Estate and the set location for a hit movie!