15 Lake Avenue, Rehoboth Beach, DE 19971-2822 $3,100,000

Beds/Baths: 4/2.1
Interior Sq. Ft: 2,089
Acreage: 0.11
Age:41 years
Style:
Contemporary, Coastal
MLS#: DESU2072912
Subdivision: North Rehoboth
Design/Type:
Detached

Description

Rare opportunity for large Atlantic Ocean Views along with Lake Gerar Park views from this ocean block classic North Rehoboth Beach home just a few hundred feet from the beach and boardwalk. All the heavy lifting is done, including new windows, new roof and new HVAC. With a little remodeling or updating this home would be a fabulous beach get-away. First floor features a bedroom with a half- bath/laundry room that could possibly be expanded into the adjoining storage closet. Second floor has two more bedrooms, a full bathroom with skylight, a living room with wood-burning fireplace, custom built-in shelving & two sets of sliding glass doors leading to a covered, full length of house, screened porch with ocean views. The centrally located kitchen opens to a dining area that easily seats 8 with bench storage & peninsula seating. Through Andersen wood french doors, the kitchen leads to a large tiled sun room with floor to ceiling casement windows allowing in tons of natural light. Exit through Andersen sliding glass door to a rear deck perfect for housing a grill and lawn chairs for sunbathing. This second level deck boasts an operational outside elevator lift to the ground level for easy access of heavy objects and /or wheel chair accessibility. The private third floor is an oversized primary bedroom with full bath and large walk-in closet along with its own personal deck overlooking waves crashing on the beach! Here you have a beautiful view of paradise including the recently renovated Lake Gerar Playground and a wide view of the Atlantic Ocean. Outdoor features include two outdoor showers, two storage sheds and a storage closet for all the beach essentials, a rear porch (easily screened) on first floor, a rear upper deck, a second floor large covered screened porch and a third floor deck for some of the best orchestra seats in town. Improvements to this well-cared-for home include new Andersen casement windows, new cedar siding, hot water heater & new fireplace cap. With traditional knotty pine walls, open staircases and coastal furnishings - this property exudes cherished memories. There may be room for a pool since ground coverage has not been maximized. Another option would be to build your dream beach home and enjoy the rare ocean views from multiple rooms of your brand new home. This property is conveniently located close to the mile long Rehoboth Beach boardwalk & activities, shopping, playground, lake fishing, bike paths, fine dining and much much more! Rental income for 2024 was over $120,000.00.

Primary Bed: Upper 2
Primary Bath: Upper 2
Bedroom 2: Upper 1
Bedroom 3: Upper 1
Kitchen: Upper 1
Living Room: Upper 1
Dining Room: Upper 1
Sun/Florida Room: Upper 1
Taxes: $931
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
High School: Cape Henlopen

Features

Water
Water Oriented: Yes; Water Front: No; Water Access: Yes; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Types of Use: Public Access, Public Beach; Navigable: No;

Utilities
Forced Air Heating, Zoned Heating, Electric, Central A/C, Programmable Thermostat, Zoned Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, Has Laundry, Main Floor Laundry

Garage/Parking
Attached Carport, Driveway, On Street, Attached Carport Spaces #: 4;

Interior
Built-Ins, Carpet, Dining Area, Kitchen - Eat-In, Stove - Wood, Carpet Flooring, Laminated Flooring, Tile/Brick Flooring, Brick Fireplace, Mantel(s), Dry Wall, Wood Walls, Accessibility - Elevator, Casement Windows, Sliding Glass Doors, Double Entry

Exterior
Crawl Space Foundation, Pilings Foundation, Architectural Shingle Roof, Concrete Exterior, Masonry, Mixed Plumbing, Stick Built Exterior, Wood Siding, Balconies- Multiple, Deck(s), Enclosed Porch/Deck, Patio(s), Outbuilding(s), Outside Shower, Secure Storage

Lot
Oceanblock, Lake View, Ocean View, Park/Greenbelt, Partially Fenced, Paved Road

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (3 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 1.04 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 4.01 mi
Lewes Elementary School Cape Henlopen School District K–5 Lewes 4.87 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.83 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.55 mi

Private (1 schools)

School Grades Place Distance
Bethel Preschool Of Lewes Inc Methodist Preschool–K Lewes 4.93 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Jack Lingo - Rehoboth , (302) 227-3883

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/05/2024.

15 Lake Avenue, Rehoboth Beach, DE 19971-2822

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.