21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
21089 ELIZABETH AVE, Rehoboth Beach, DE 19971
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$ 1,799,000
Est. payment | /mo

2 Beds

1 Bath

812 SqFt


$ 1,799,000
Est. payment | /mo

2 Beds

1 Bath

812 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 812 sqft

Price per Sqft $2,215

Lot Size 4,792 Sqft

MLS Listing ID DESU2112446

Financing Cash,Conventional

Style Ranch/Rambler

Subdivision Ann Acres

Bedrooms 2

Full Baths 1

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning R

Rooms

Basement Partial

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplaces Number 1

Fireplaces Type Brick

Inclusions All Appliances

Fireplace Y

Heat Source Electric

1-purchase type For Sale

Exterior

Utilities Available Above Ground

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Building

New Construction N

Story 1

Foundation Block

Lot Dimensions 50 X 100

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Story 1

Additional Building Above Grade, Below Grade

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Senior Community No

Tax Amount $1,430

Tax Year 2025

Tax ID 334-20.13-124.00

Ownership Fee Simple

SqFt Source 812

Acceptable Financing Cash, Conventional

Special Sale Standard

Bright MLS (BMLS)
Listed by George Manolakos • Patterson-Schwartz-Brandywine

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21089 ELIZABETH AVE