49 Lake Ave
Rehoboth Beach, DE 19971

Sold $2,800,000 Sold on 7/18/2023
  • 7 Bedrooms
  • 6 Bathrooms
  • 3777 sq ft
  • Status Closed
  • Single Family
  • MLS# DESU2035190

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Alexander Piela

MD 661071 DE RS-0025714

Ocean City

(410) 289-2539

More property info for 49 Lake Ave

Property Description
  • NEW PRICE!! Stunning Coastal Contemporary with a separate Guest Cottage in the heart of Rehoboth Beach! Check out the Virtual Tour Icon. The main house features 2697 sq ft, 5 bedrooms, walk in closets, 3.5 baths, which includes spacious 1st and 2nd floor master suites. Soaring 10’ ceilings throughout the 1st floor great room, 9’ ceilings in the spacious 1st floor master suite with Plantation shutters and custom trim. Throughout you’ll find vaulted ceilings in the 2nd floor primary suite and 3 additional 2nd floor bedrooms. This home has been renovated to include a gourmet kitchen with extensive cabinetry, custom lighting, stainless steel appliances, walk-in pantry, laundry room, granite countertops and an oversized gathering island. The great room features many custom built-ins and a gas fireplace with surround sound. It opens to a covered wrap around porch that faces South and West with abundant sun, sunshades, generous seating & dining areas. This home also features many porches, decks, balconies, several off-street parking spaces, outdoor shower, new roof, an encapsulated crawl space, an outbuilding with storage and a work shop, a charging station for an electric car, and colorful landscaping which all make this special home a show stopper! The guest cottage has also been renovated and is every bit as special as the main house. It features 1080 sq ft, 3 stories, 2 bedrooms and 2 baths. The 1st floor is home to a spacious bedroom suite with a full bath and can double as a media room with surround sound, accent lighting, and heated floor. The 2nd floor boasts an open floor plan with an updated kitchen, stainless appliances, gas cook top, granite counters, breakfast island, designer full bath, and opens to a lovely sun deck off the living area. The 2nd bedroom with custom closet is located on the 3rd floor. Plantation shutters throughout finish off the delightful cottage ambiance. The sellers have never rented this property but have 2 rental licenses and excellent rental potential. Being sold with designer furnishings which means you can be enjoying your new home, the beach & boards this Spring, and it's all just a short stroll to everything Rehoboth Beach has to offer! Restaurants, shopping, the beach & boardwalk, and much more! Hurry, this is a special property that, at approx. 3777 total sq ft, can not be duplicated with today’s building requirements! Projected Summer rental income $161, 000 plus potential additional shoulder season rental income. Being offered below appraised value!
Interior Details
  • Above Grade Fin SQFT: 3777
  • Architectural Style: Coastal
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Below Grade Fin SQFT: 0
  • Below Grade Finished Area Units: Square Feet
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Flooring Type: Hardwood, Carpet, Tile/Brick, Vinyl
  • Interior Features: 2nd Kitchen, Bar, Breakfast Area, Built-Ins, Ceiling F
  • Levels Count: 3
  • Wall & Ceiling Types: 9'+ Ceilings, Vaulted Ceilings, Dry Wall
  • Window Features: Screens
Exterior Details
  • Exterior Features: Exterior Lighting, Outbuilding(s), Outside Shower, Se
  • Lot Size Acres: 0.12
  • Lot SQFT: 5227.00
  • Navigable Water YN: No
  • Roof: Architectural Shingle
  • Water Access YN: No
  • Water Oriented YN: No
  • Waterfront YN: No
Community Information
  • County: SUSSEX
  • HOA YN: No
  • MLS Area: Lewes Rehoboth Hundred (31009)
  • Senior Community YN: No
  • Subdivision Name: NORTH REHOBOTH
  • Zoning: TN
School Details
  • School District Name: CAPE HENLOPEN
Property Information From MLS Data
  • Accessibility Features: 2+ Access Exits
  • DOM: 110
  • New Construction YN: No
  • Security Features: Carbon Monoxide Detector(s)
  • Story List: Main, Upper 1
  • Year Built: 2001
Financial Information
  • Sale Type: Standard
  • Tax Annual Amount: 2721.0
  • Tax Year: 2021
Utilities
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s), Wall Unit
  • Hot Water: Tankless, Electric, 60+ Gallon Tank
  • Sewer Septic: Public Sewer
  • Utilities: Cable TV Available, Electric Available, Phone Availa
  • Water Source: Public
Listing Office
  • Buyer Agent Full Name: Michael Kogler
  • Buyer Office Name: Long & Foster Real Estate, Inc.
  • Co List Agent Full Name: MICHAEL BACHER
  • Co List Office Name: Jack Lingo - Rehoboth
  • List Agent Full Name: MICHAEL RODRIGUEZ
  • List Office Name: Jack Lingo - Rehoboth
  • List Office Phone: 3022273883

49 Lake Ave Map Location

49 Lake Ave, Rehoboth Beach, DE 19971
Listing courtesy of Jack Lingo - Rehoboth

Information obtained from Bright MLS is current as of 4/24/2024 4:33 PM.

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