49 LAKE AVE Rehoboth Beach, DE 19971 -- MLS# DESU2035190 Real Estate

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49 LAKE AVE
Rehoboth Beach, DE 19971
SOLD
$2,800,000
Sold
7
Beds
6
Baths
3,777
Sq.Ft.
0.12
Acres
2001
Yr. Built
MLS# DESU2035190

Property Details

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 and 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 and boards this Spring, and it's all just a short stroll to everything Rehoboth Beach has to offer! Restaurants, shopping, the beach and 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!

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Property Highlights

Status
Sold
Price
$ 2,999,000
Property Type
Residential
Structure Type
Detached
House Style
Coastal
Bedrooms
7
Bathrooms
6.00
Pool
No Pool
Acres
0.12
Year Built
2001

Location

Subdivision
North Rehoboth
County
SUSSEX
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Forced Air, Heat Pump(s), Wall Unit
Cooling
Central A/C
Heating Fuel
Electric
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Appliances
Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater, Water Heater - Tankless
Fireplaces
1
Handicap
2+ Access Exits

Building Details

Above Grade Square Footage
3,777
Exterior Features
Exterior Lighting, Outbuilding(s), Outside Shower, Secure Storage, Sidewalks, Street Lights
New Construction
No
Exterior Construction
Frame, Stick Built, Vinyl Siding
Levels / Stories
3
Exposure
Architectural Shingle

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$2,721
Financing
Cash, Exchange/Trade
Ownership Interest
Fee Simple
Potential Short Sale
Standard
HOA
No
Listed by Jack Lingo - Rehoboth.
Listing Data last updated 06/13/2024 08:53 PM
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Property History

52 days ago
Property information last updated
332 days ago
Date Sold
429 days ago
Date of last price change
501 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 501. Data provided by the MLS.

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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 06/13/2024 08:53 PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of BRIGHT MLS. Real estate listings held by brokerage firms other than Bay Coast Realty, 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: 06/13/2024 08:53 PM
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Bay Coast Realty
18977 Munchy Branch Road
Rehoboth Beach, Delaware 19971
Main Office: (302) 227-8146
FAX: (302) 227-1834
Hours: Monday - Saturday 9am-5pm
Sunday - Closed