20 Saint Louis St,  Dewey Beach  (19971)

$3,525,000

4 bedrooms 4   2 bathrooms 2   1508 square feet 1,508
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Listed By: ROBERT WALSH of BAY COAST REALTY (302-227-8146)

PROPERTY DETAILS

Address: view address
Dewey Beach, DE 19971
Map Location
Features: Air Conditioning
Bedrooms:4Bathrooms:2 (full: 2)
Square Feet:1,508 sq.ft.Lot Size:0.17 acres
Year Built:1957Property Type:Detached
Neighborhood:Rehoboth By The SeaSchool District:Cape Henlopen
County:SUSSEXList Date:2022-05-26
Listing Number:DESU2022494

PROPERTY DESCRIPTION

Extremely rare, fee simple (you own the land!) one-of-a-kind oversized lot in coveted Rehoboth-by-the-Sea in North Dewey Beach. This 75x100 foot property is only four houses from the beach! A Huge Bonus is the adorable 4 bedroom/2 bath year-round home with excellent rental history ($90K plus). If buyers wish to expand AT THEIR EXPENSE, there is a shovel-ready, approved and permitted plan (photos attached) for an amazing 2 story addition, increasing home size to approximately 4,700 square feet including 10 bedrooms and 10 baths! Current estimate for construction is approx. $950K- $1million. For under $5 million total investment, this would be a one-of-a kind, resort-style home w/open floor plan, including huge porches, outdoor spaces and inground pool and pool cabana on the beach block! There will also be a small basement. If you decide to build the addition, your rental income would increase to approximately $20-22K per week ($250-$300K per year annually) based on current comps. (Or you can build smaller or use as is!) Architectural plans included with sale.

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Interior

Air Conditioning:YesBreakfast Area:Yes
Cable Television Available:YesCentral Air:Yes
Dining Area:YesDishwasher:Yes
Eat-In Kitchen:YesElectric Heat:Yes
Electric Oven:YesElectric Range:Yes
Electric Water Heater:YesFireplace:Yes
Freezer:YesHeat Pump:Yes
Microwave Oven:YesRefrigerator:Yes
Stove:YesWasher:Yes
Wood Floors:Yes

Exterior

Building Design:DetachedFrame Exterior:Yes
Shingle Exterior:YesShingle Roof:Yes
Style:Cottage,Coastal,Ranch/RamblerTotal Above Grade Finished Sq Ft:1,508

Property and Lot Details

Body Of Water:Atlantic OceanElementary School:Rehoboth
High School:Cape HenlopenLot Sqft:7,405
Middle School:BeaconPublic Sewer:Yes
Public Water:YesSchool District:Cape Henlopen
Subdivision:REHOBOTH BY THE SEATaxes:2,286
Transaction Type:SaleYear Built:1957

Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: ROBERT WALSH of BAY COAST REALTY (302-227-8146)