3 & 5 LAUREL ST Rehoboth Beach, DE 19971 -- MLS# DESU2009116 Real Estate

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3 & 5 LAUREL ST

Rehoboth Beach, DE 19971

UNDER

CONTRACT

$3,900,000

Under Contract

Beds

Baths

Garage

2,000

Sq.Ft.

0.23

Acres

MLS# DESU2009116

Listed on site 422 days since April 13th, 2022

Property Details

This South Rehoboth location leaves little to be desired, with the sand, ocean, boardwalk, shops, and restaurants just steps away. This property offers incredible potential for various options. The 100’ x 100’ parcel could be the site for your dream home offering the potential for a pool, garage, and expansive outdoor living spaces. Also, there is also the option to sub-divide the property into two lots and build two new homes. Or, simply renovate the existing home currently situated on the property and originally built in 1950. This home is in good condition and offers 3 bedrooms, 2 full baths, 9’ ceilings, a wood burning fireplace, all on one level. The walk-up attic and a full unfinished basement provide ample storage. In addition, the property features a detached 1-car garage with a spacious 2 bedroom, 1 bath garage apartment ideal for guests and / or rental income. With some TLC and vision, this property could be brought back to life! The options at 3 and 5 Laurel Street are endless and the location is hard to beat.

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Property Highlights

Status

Under Contract

Price

$ 3,900,000

Property Type

Residential

Structure Type

Detached

House Style

Ranch/Rambler

Bedrooms

Bathrooms

2.00

Pool

No Pool

Acres

0.23

Year Built

1950

Location

Subdivision

South Rehoboth

Lot Description

Pond, Subdivision Possible, No Thru Street

County

SUSSEX

Water View

Yes

Water Front

Heating, Cooling & Utilities

Heating

Heat Pump(s)

Cooling

Ceiling Fan(s)

Heating Fuel

Electric

Navigable Water

Sewer/Septic

Public Sewer

Features

Appliances

Dishwasher, Microwave, Refrigerator, Water Heater, Compactor, Disposal, Oven/Range - Electric, Washer

Fireplaces

Location Type

Oceanblock

Handicap

None

Building Details

Parking

Concrete Driveway

Garage Spaces

Above Grade Square Footage

2,000

Exterior Features

Outside Shower

New Construction

Exterior Construction

Block, Masonry

Levels / Stories

1.5

Exposure

Shingle

Community

Community Amenities:

None

Elementary

REHOBOTH

Junior High

BEACON

Senior High

CAPE HENLOPEN

Taxes & Terms

Ownership Interest

Fee Simple

Garage Features

Garage - Front Entry

Taxes

$3,568

Ownership Interest

Fee Simple

Potential Short Sale

Standard

HOA

Listed by Jack Lingo - Rehoboth. Listing Data last updated 10th June, 2023 00:00 MST

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Property History

422 days ago

Property Listed

35 days ago

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 10th June, 2023 00:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MRIS MLS Real estate listings held by brokerage firms other than Long And Foster, 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: 10th June, 2023 00:00 MST