2303 Cedar Street, Lewes, DE 19958-1916 $1,699,000

Beds/Baths: 6/4
Interior Sq. Ft: 3,200
Acreage: 0.16
Age:70 years
Style:
Colonial
MLS#: DESU2072284
Subdivision: Lewes Beach
Design/Type:
Detached

Description

This charming 6-bedroom, 4-bath single-family home, just one block from Lewes Beach and the Delaware Bay, offers incredible marsh views and an incredible investment opportunity with $140-170K in annual rental income. This property is comes with custom fully furnished furniture and is boasting modern upgrades, including a two-zone HVAC system, Rinnai tankless water heater, updated kitchen appliances, and remodeled bathrooms, this property blends comfort with functionality. Enjoy wood floors throughout the home with two fully functioning living rooms, a full dining room, stone countertops, a hot tub, and an outfitted garage with games, bikes, beach chairs, as well as a beautiful elevated back deck offering stunning marsh views. With 10 weeks already booked for 2025, this home is a prime coastal gem perfect as a second home or an income-generating asset.

Primary Bath: Upper 1
Primary Bed: Upper 1
Bedroom 5: Upper 1
Bathroom 2: Upper 1
Bedroom 6: Upper 1
Great Room: Upper 1
Living Room: Main
Dining Room: Main
Living Room: Main
Primary Bed: Main
Primary Bath: Main
Bedroom 2: Main
Bathroom 2: Main
Bedroom 3: Main
Taxes: $2,011
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: N
Pool: No Pool
School Dist: Cape Henlopen

Features

Utilities
Heat Pump - Electric BackUp, Electric, Central A/C, Electric, Hot Water - Propane, Public Water, Public Sewer, 200+ Amp Service, Main Floor Laundry, Utilities - Phone, Propane

Garage/Parking
Detached Garage, Driveway, Off Street, Additional Storage Area, Detached Garage Spaces #: 2;

Interior
Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Hardwood Flooring, Tile/Brick Flooring, Engineered Wood Flooring, Dry Wall, Double Pane Windows, Window Screens, Double Hung Windows

Exterior
Block Foundation, Crawl Space Foundation, Architectural Shingle Roof, Built-Up Roof, Shingle Roof, Frame Exterior, Vinyl Siding, Deck(s), Patio(s), Hot Tub, Outside Shower, Play Equipment

Lot
Landscaping, Adjoins - Open Space, Adjoins - Public Land, Black Top 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
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 1.12 mi
Lewes Elementary School Cape Henlopen School District K–5 Lewes 1.39 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 4.9 mi

Public Middle (1 schools)

School District Grades Place Distance
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 1.12 mi

Public High (2 schools)

School District Grades Place Distance
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 1.12 mi
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 2.07 mi

Private (1 schools)

School Grades Place Distance
Bethel Preschool Of Lewes Inc Methodist Preschool–K Lewes 1.23 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Lewes (19958), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 26
  • Average salary of people in this community: $53,642

Community Summary

  • Population Density (ppl / mile): 447
  • Household Size (ppl): 2.14
  • Households w/ Children: 29%

Housing Inventory

  • Owned: 10,182 (57.4%)
  • Rented: 1,946 (11.0%)
  • Vacant: 5,625 (31.7%)
  • Total: 17,753

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: 26,235
Households: 12,128
Median Age: 59.40

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: 1.3%
  • Some High School: 4.3%
  • High School Graduate: 23.9%
  • Some College: 18.2%
  • Associate Degree: 10.4%
  • Bachelor's Degree: 21.6%
  • Graduate Degree: 20.3%

Income by dollar range

Median Income: $73,647

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).

  • Two Bedroom: $1,142
  • Three Bedroom: $1,408
  • Four Bedroom: $1,809

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Monument Sotheby's International Realty , (302) 227-6767, justin.healy@msir.net

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 11/21/2024.

2303 Cedar Street, Lewes, DE 19958-1916

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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.