20332 SILVER LAKE DR Rehoboth Beach, DE 19971 -- MLS# DESU2043856 Real Estate

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20332 SILVER LAKE DR
Rehoboth Beach, DE 19971
FOR
SALE
$4,895,000
For Sale
6
Beds
5
Baths
2
Garage
3,530
Sq.Ft.
0.41
Acres
MLS# DESU2043856
Listed on site 157 days since June 29th, 2023

Property Details

Overlooking the idyllic Silver Lake of Rehoboth Beach, 20332 Silver Lake Drive stands out as an ode to classic coastal elegance. This stately residence boasts an impressive 3,530 square feet in the main house and sits on an expansive parcel of direct lakefront property. Taking advantage of the elevated homesite, this coastal estate offers extraordinary waterfront views from nearly every vantage point. The additional lakefront parcel directly in front of the home also conveys with the sale of this property. Upon entering a private drive framed by brick columns, rose bushes, and canopied by mature trees and perennial plantings, you are welcomed by the striking coastal residence and carriage house nestled on the spacious property. Defined by coastal breezes, ample natural light, and well-landscaped grounds, 20332 Silver Lake Drive showcases an inviting lakefront sunroom, with plenty of space for hosting, flowing seamlessly into the open-concept living room and kitchen. Open double doors to enjoy the breeze as you relax on the brick patio and terraced lawn with mature boxwoods, private gardens, potential space for a pool if desired, and beautiful views of Silver Lake. Antique oak flooring spans the entryway of the main house that leads to the great room, dining area, and a recently updated gourmet kitchen complete with a sizable island with wine fridge, breakfast dining with lake views, Sub-Zero refrigerator, Wolf cooktop, double dishwashers, double ovens, Wolf microwave and warming drawer and walk-in custom pantry. In addition, the lakefront great room has noteworthy custom-built bookshelves on each side of the fireplace. Open the doors to the patio and the sunroom for easy flow and a waterfront entertainment experience.The main floor primary suite, privately situated off the foyer and including a double sink, soaking tub, separate shower, bidet, large walk-in closet, and direct access to the laundry room, has been designed with maximum comfort and seclusion. Off the foyer, the separate office with a built-in desk and additional sitting room allows for quiet space on the main floor. The second floor features sleeping quarters with three bedrooms and two full baths, as well as a living room / study that overlooks the lake. Plentiful storage space is found throughout with linen closets and a cedar-lined walk-in closet. Unique and desirable amenities abound at this residence, including a separate guest apartment featuring two bedrooms and a bath, located just steps away from the main home over the garage bays. Two entrances to the property, one from Silver Lake Drive and one from William F Street, provide homeowners with quick and easy access to both Rehoboth and Dewey Beach as well as Coastal Highway. This iconic estate is ideally located just outside city limits in Rehoboth Beach and expertly blends time-honored Rehoboth history with modern design.This home is sold unfurnished and the dinner bell in the front yard is excluded from the sale. All information in MLS is estimated. MLS requires a year-built date, which is unknown. The current owner purchased the home in 1994 with a major remodel estimated in 1995. The tax record indicates 1930 as the last known date of record. Therefore, this date is estimated for the year built.

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Property Highlights

Status
For Sale
Price
$ 4,895,000
Property Type
Residential
Structure Type
Detached
House Style
Coastal
Bedrooms
6
Bathrooms
5.00
Pool
No Pool
Acres
0.41
Year Built
1930

Location

Subdivision
None Available
Lot Description
Additional Lot(s), Front Yard, Landscaping, Premium
County
SUSSEX
Water View
Yes
Water Front
Yes

Heating, Cooling & Utilities

Heating
Forced Air, Heat Pump(s)
Cooling
Central A/C
Heating Fuel
Propane - Leased
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Appliances
Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Fireplaces
1
Location Type
Lake
Handicap
2+ Access Exits

Building Details

Garage Spaces
2
Above Grade Square Footage
3,530
Exterior Features
Extensive Hardscape, Lawn Sprinkler, Exterior Lighting
New Construction
No
Exterior Construction
Combination
Levels / Stories
2

Taxes & Terms

Ownership Interest
Fee Simple
Garage Features
Additional Storage Area, Garage - Rear Entry, Oversized
Taxes
$2,558
Ownership Interest
Fee Simple
Potential Short Sale
Standard
HOA
No
Listed by Monument Sotheby's International Realty.
Listing Data last updated 4th December, 2023 06:00 MST
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Property History

157 days ago
Property Listed
39 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 December, 2023 06:00 MST. 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: 4th December, 2023 06:00 MST
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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