503 SCHOOL LN Rehoboth Beach, DE 19971 -- MLS# DESU2035582 Real Estate

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503 SCHOOL LN

Rehoboth Beach, DE 19971

SOLD

$1,575,000

Sold

Beds

Baths

Garage

0.59

Acres

1997

Yr. Built

MLS# DESU2035582

Property Details

A rare offering in Rehoboth Beach...1 / 2 acre on the North end of Silver Lake. Nestled among mature trees, the lot provides privacy, a boat dock, and a short walk to the beach. Build new, or install an inground pool and expand the existing home. The cozy 4 bedroom, 2.5 bath home features hardwood floors, 2 sunrooms, screened porch, and kitchen with lake view. The living / dining room enjoy a bay window and propane fireplace. The first floor en-suite adjoins an office with 3 closets for clothing and storage. 3 bedrooms, 1 bath, a loft / computer area, and 2 oversized storage rooms complete the second floor. There is an office, workshop, and laundry area in the full basement that can be accessed from the exterior. The 3 car garage allows work space for hobbies, gardening, canoes, and kayaks. The Schoolvue community is quiet with no traffic, close to the tennis / pickle ball courts, and Turtle Bridge.

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Property Highlights

Status

Sold

Price

$ 1,727,000

Property Type

Residential

Structure Type

Detached

House Style

Traditional

Bedrooms

Bathrooms

3.00

Pool

No Pool

Acres

0.59

Year Built

1997

Location

Subdivision

Schoolvue

County

SUSSEX

Water View

Yes

Water Front

Yes

Heating, Cooling & Utilities

Heating

Baseboard - Electric, Heat Pump(s)

Cooling

Central A/C

Heating Fuel

Electric

Navigable Water

Sewer/Septic

Public Sewer

Features

Appliances

Oven/Range - Electric, Built-In Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Heater

Fireplaces

Handicap

None

Building Details

Garage Spaces

Above Grade Square Footage

3,000

New Construction

Exterior Construction

Frame

Levels / Stories

Exposure

Shingle

Taxes & Terms

Ownership Interest

Fee Simple

Garage Features

Garage - Rear Entry

Taxes

$2,749

Financing

Cash

Ownership Interest

Fee Simple

Potential Short Sale

Standard

HOA

Listed by Re/max Realty Group Rehoboth. Listing Data last updated 30th May, 2023 08:00 MST

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Property History

110 days ago

Property Listed

89 days ago

Date of last price change

32 days ago

Date Sold

28 days ago

Property info last updated

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Listing Data last updated: 30th May, 2023 08:00 MST