38180 Terrace Rd, Rehoboth Beach, De 19971 $2,550,000

Price
$2,550,000
Bed
3
Bath
4
Acres
0.32
Town
Rehoboth Beach
MLS
Desu2045668

2 Lots Just Outside Town Limits Just 2.5 Blocks From The Iconic Boardwalk And The Shimmering Atlantic Ocean. Build Two Homes And Share The Pool. , The Existing Cottage Is A Charming Classic Is Nestled On Not One, But Two Spacious Lots In The Desirable Silver Lake Manor Neighborhood. A True Retreat That Combines The Convenience Of Downtown Rehoboth With A Sense Of Serene Privacy. Step Inside This Picturesque Home And Prepare To Be Captivated. Boasting Alluring Cottage Chic Upgrades, Including Gleaming Stainless Steel Appliances, Stunning Carrera Marble Countertops, Farm Sink, Upgraded Cabinetry, And A Generously Sized, 19x23 Screened Porch For Outdoor Living, Every Aspect Has Been Meticulously Designed To Offer Both Style And Comfort. The Striking Property Itself Presents An Enticing Opportunity For Local High-end Builders, While At The Same Time, It Should Not Be Underestimated As A Hidden Gem In Its Own Right. With A Full Basement For Additional Space And Storage, A Large Heated Pool Adorned By Gas Torches With Fenced Yard Ensuring Privacy And Security, And A Delicate Touch Of Original Knotty Pine, This Well-cared-for Home Offers The Epitome Of Comfortable Living. Although It Has Never Been Rented Before, The Potential For This Exquisite Property To Generate Over $100k Per Season Is Evident, Making It An Exceptional Investment Opportunity. But For Now, Take A Moment To Unwind On The Charming Back Deck And Savor The Breathtaking Sunsets With A Refreshing Beverage In Hand. Let The Cares Of The Day Melt Away As You Embrace The Truly Endless Beauty That Surrounds You.

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Exterior Features

Architectural Style
Ranch/rambler
Construction Materials
Stick Built, vinyl Siding
Exterior Features
Hot Tub, lawn Sprinkler, outside Shower
Foundation Details
Block
Garage Features
Garage Door Opener
Type of Parking
Off Street, driveway, attached Garage
Outdoor Living Structures
Deck(s), porch(es), enclosed, screened
Pool
Yes - Personal
Roof
Architectural Shingle, asbestos Shingle
Water Body Type
Ocean

Interior Features

Heating
Forced Air, heat Pump(s)
Cooling
Attic Fan, central A/c, heat Pump(s)
Flooring
Hardwood, tile/brick
Appliances
Cooktop, dishwasher, disposal, dryer - Electric, exhaust Fan, extra Refrigerator/freezer, icemaker, refrigerator, microwave, oven/range - Gas, oven - Self Cleaning, washer
Basement Type
Full, sump Pump
Fireplace Features
Gas/propane
Interior Features
Attic, breakfast Area, kitchen - Country, combination Kitchen/dining, combination Kitchen/living, entry Level Bedroom, ceiling Fan(s), whirlpool/hottub, window Treatments

Additional Details

Subdivision Name
Silver Lake Manor
Square Footage
1600
Acres
0.32
Year Built
1974
New Construction
N
Property Type
Residential
Total SQFT
1600
County
Sussex
Lot Size Dimensions
100x118
SchoolDistrictName
Cape Henlopen
© Coastal Association of REALTORS All rights reserved. All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction. Real estate listings held by brokerage firms other than Atlantic Shores Realty, LLC. are indicated here. Listing courtesy of Dave Mccarthy & Associates, Inc.. Site maintained by Ryan T. Haley, Broker of Atlantic Shores Realty. Office: (410) 524-0919 | This email address is being protected from spambots. You need JavaScript enabled to view it.