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Karen Tosco

[email protected] +1(484) 571-2324

Listed by Christopher J Carr • HomeZu by Simple Choice

$ 2,150,000

Est. payment -/mo

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Open Sat 11AM-1PM

114 CHESAPEAKE ST Dewey Beach, DE 19971

4 Beds

3 Baths

2,000 SqFt

Open House

Sat Sep 27, 11:00am - 1:00pm

Sun Sep 28, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,075

Subdivision Rehoboth By The Sea

MLS Listing ID DESU2097676

Style Other

Bedrooms 4

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,000

Land Lease Amount 11000.0

Land Lease Frequency Annually

Year Built 1960

Annual Tax Amount $1,467

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50.00 x 100.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to Seaside Rendezvous -- This spectacular Key-West style home is truly a seashore oasis located in the coveted north end of Dewey Beach know as Rehoboth by the Sea. This resort hideaway is a one-of-a-kind property featuring a spectacular 12 x 27 heated, in ground private pool with water fall feature surrounded by tropical landscaping with gorgeous palms, seasonal red geraniums and 6 ft privacy fence surrounding the entire property. A large patio with sun lounge chairs and al fresco dining area surround the pool. Relax here, or take a short three minute walk to sink your toes into the sand and the Atlantic Ocean. Many nights you can hear the waves crashing on the large, 12x24 screened porch overlooking the pool and lake just across the street. The home features an open concept great room with living/dining areas with beautiful vaulted wood ceilings, exquisite tongue and groove hardwood floors, updated kitchen and baths, central heat and air conditioning. A wall of floor to ceiling glass separates the porch and great room allowing natural light to flow freely throughout the main rooms. There are two primary suites w/full ensuite baths, one off the great room and one in the new addition (added in 2023). Two additional bedrooms (queen and queen with bunk beds) share a hall bath -- all have vaulted wood ceilings and hardwood floors. There is a small private deck off the rear primary suite. Excellect rental history / summer prime weeks at $15,000 per week. Two off street parking spaces. The home is beautifully designed and decorated - furnishings negotible. This is a Land Lease property with 32 years left on the land lease. Land rent approx. $11,000 annually with increases every five years (not every year).
RENTAL INCOME 2024 was $189,000.00 Rent just two weeks and it pays your land lease and most expenses!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Direction North

Rooms

Other Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1

Main Level Bedrooms 4

Interior

Interior Features Ceiling Fan(s), Combination Dining/Living, Exposed Beams, Floor Plan - Open, Sprinkler System, Window Treatments, Wood Floors

Hot Water 60+ Gallon Tank

Heating Central

Cooling Central A/C

Flooring Hardwood

Fireplaces Number 1

Inclusions Washer dryer, pool equipment (pool pump new 2025) , kitchen appliances, ceiling fans, screens (where applicable) window treatments,

Equipment Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Range Hood, Microwave, Refrigerator, Washer, Water Heater

Fireplace Y

Appliance Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Range Hood, Microwave, Refrigerator, Washer, Water Heater

Heat Source Electric

Laundry Main Floor

Exterior

Exterior Feature Porch(es), Patio(s)

Garage Spaces 2.0

Fence Privacy

Pool Heated, In Ground, Saltwater

Utilities Available Above Ground

Water Access N

Roof Type Asbestos Shingle

Accessibility None

Porch Porch(es), Patio(s)

Total Parking Spaces 2

Garage N

Building

Story 1

Foundation Slab, Block

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Beamed Ceilings

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-20.10-75.00

Ownership Land Lease

SqFt Source 2000

Security Features Smoke Detector,Non-Monitored

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Karen Tosco

Team Leader/Realtor | License ID: RS314711

+1(484) 571-2324

Karen Tosco

114 CHESAPEAKE ST Dewey Beach, DE 19971

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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114 CHESAPEAKE ST