Patterson-Schwartz Real Estate49 Lake Avenue, Rehoboth Beach, DE 19971-2107 $2,999,000
Interior Sq. Ft: 3,777
Acreage: 0.12
Age:22 years
Style:
Coastal
Subdivision: North Rehoboth
Design/Type:
Detached
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!
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
Features
Utilities
Forced Air Heating, Heat Pump(s), Wall Unit Heating, Electric, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Hot Water - Electric, Hot Water - Tankless, Public Water, Public Sewer, Main Floor Laundry, Cable TV Available, Electric Available, Phone Available, Propane, Sewer Available, Water Available
Garage/Parking
Driveway, Off Street
Interior
2nd Kitchen, Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Carpet Flooring, Hardwood Flooring, Tile/Brick Flooring, Vinyl Flooring, Fireplace - Glass Doors, Gas/Propane Fireplace, Mantel(s), 9'+ Ceilings, Dry Wall, Vaulted Ceilings, Accessibility - 2+ Access Exits, Window Screens, Sliding Glass Doors, Carbon Monoxide Detector(s)
Exterior
Block Foundation, Crawl Space Foundation, Architectural Shingle Roof, Frame Exterior, Stick Built Exterior, Vinyl Siding, Balconies- Multiple, Deck(s), Wrap Around Porch/Deck, Exterior Lighting, Outbuilding(s), Outside Shower, Secure Storage, Sidewalks, Street Lights
Lot
Rear Fence, Vinyl Fence
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 (2 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Rehoboth Elementary School | Cape Henlopen School District | K–5 | Rehoboth Beach | 0.61 mi |
| Shields (Richard A.) Elementary School | Cape Henlopen School District | K–5 | Lewes | 4.9 mi |
Public Middle (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Beacon Middle School | Cape Henlopen School District | 6–8 | Lewes | 3.51 mi |
Public High (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Cape Henlopen High School | Cape Henlopen School District | 9–12 | Lewes | 4.5 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Legal Name Bethel Preschool Of Lewes Inc. | Methodist | Preschool–K | Lewes | 4.98 mi |
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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: 22
- Average salary of people in this community: $77,942
Community Summary
- Population Density (ppl / mile): 501
- Household Size (ppl): 1.92
- Households w/ Children: 12%
Housing Inventory
- Owned: 6,346 (37.1%)
- Rented: 899 (5.3%)
- Vacant: 9,875 (57.7%)
- Total: 17,120
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.
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: 1.6%
- Some High School: 2.2%
- High School Graduate: 22.6%
- Some College: 15.3%
- Associate Degree: 7.3%
- Bachelor's Degree: 29.1%
- Graduate Degree: 21.9%
Income by dollar range
Median Income: $75,846
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).
- One Bedroom: $1,063
- Two Bedroom: $1,178
- Three Bedroom: $1,724
- Four Bedroom: $2,611
© 2023 LiveBy. All Rights Reserved.
Contact Information
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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 6/02/2023.
