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226 STATE RD Rehoboth Beach, DE 19971 -- MLS# DESU2034988 Real Estate

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226 STATE RD
Rehoboth Beach, DE 19971
13 days ago
REDUCED
$2,300,000
For Sale
5
Beds
6
Baths
2,500
Sq.Ft.
0.11
Acres
2021
Yr. Built
MLS# DESU2034988
Listed on site 130 days since January 24th, 2023

Property Details

MASSIVE PRICE REDUCTION! This custom home built in 2021 features 5 BEDROOMS, 5.5 BATHS, a full finished BASEMENT and the ever desirable inground, heated 22ft x 10ft POOL located right in downtown Rehoboth. While this property would make an excellent primary or second home, the investment potential as a rental property is second to none. Built with a firm understanding of what renters are looking for, this home has an extremely impressive rental history. The property grossed $168,000 in 2022. Weeks booking for 2023 now around $12,500+ / - week during peak summer. What’s more, this home is being sold turn-key, fully furnished with high end pieces. Upon entry, you’ll be welcomed into the spacious living room which reaches through to the kitchen and dining area. Luxury vinyl plank flooring flows throughout the entirety of the home's living spaces and bedrooms. The first floor primary suite entrance is encased by double doors and boasts a large bedroom, sun filled windows and an attached bath with custom tiled shower and dual vanities. The kitchen has stainless steel appliances, custom pendant lighting and a large island perfect for entertaining. With large sliding glass doors leading out to the pool, you are only steps away from the backyard oasis. Here you’ll find the large concrete pool complete with patio area, BBQ grill with propane gas line, irrigation system and large outbuilding for storage, all fenced in with 6 foot privacy fencing. Back inside, the kitchen flows into the dining space, making gathering for meal times a breeze. The dining area is accented by custom millwork, an enormous picture window and plenty of space to fit all guests of the home. An entirely separate living area and game center awaits in the fully finished basement. This space is enhanced with recessed lighting, huge pool table, large flat screen TV multiple sitting areas and even a Skee Ball machine! Upstairs you’ll find the remaining 4 bedroom suites, complete with their own full, custom tile work bathrooms and pocket doors. The laundry room is conveniently located on the 2nd floor. Walk to Dogfish Head Brew Pub, Rise Up, Egg and so many more popular Rehoboth Beach shops, restaurants and bars. The beach and boardwalk are just a few short blocks away – nearby Hickman Street offers a direct route.

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Property Highlights

Status
For Sale
Price
$ 2,300,000
Property Type
Residential
Structure Type
Detached
House Style
Contemporary, Coastal
Bedrooms
5
Bathrooms
6.00
Pool
Yes - Personal
Acres
0.11
Year Built
2021

Location

Subdivision
Country Club Estates
Lot Description
Landscaping
County
SUSSEX
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Heat Pump(s)
Cooling
Central A/C
Heating Fuel
Electric
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Appliances
Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Handicap
None

Building Details

Parking
Paved Driveway
Above Grade Square Footage
2,500
Exterior Features
BBQ Grill, Outbuilding(s), Underground Lawn Sprinkler
New Construction
No
Exterior Construction
Stick Built
Levels / Stories
3
Exposure
Architectural Shingle

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$2,095
Ownership Interest
Fee Simple
Potential Short Sale
Standard
HOA
Yes
HOA Fee
$20.00
Listed by Jack Lingo - Lewes. Listing Data last updated 4th June, 2023 16:00 MST
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Property History

130 days ago
Property Listed
13 days ago
Date of last price change
Today
Property info last updated

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information on this site was last updated 4th June, 2023 16:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MRIS MLS Real estate listings held by brokerage firms other than Crowley Associates Realty, Inc., may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing Data last updated: 4th June, 2023 16:00 MST
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All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031

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