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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
3
Beds
2
Baths
1
Garage
2,000
Sq.Ft.
0.23
Acres
MLS# DESU2009116
Listed on site 413 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
3
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
No

Heating, Cooling & Utilities

Heating
Heat Pump(s)
Cooling
Ceiling Fan(s)
Heating Fuel
Electric
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Appliances
Dishwasher, Microwave, Refrigerator, Water Heater, Compactor, Disposal, Oven/Range - Electric, Washer
Fireplaces
1
Location Type
Oceanblock
Handicap
None

Building Details

Parking
Concrete Driveway
Garage Spaces
1
Above Grade Square Footage
2,000
Exterior Features
Outside Shower
New Construction
No
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
No
Listed by Jack Lingo - Rehoboth. Listing Data last updated 1st June, 2023 09:00 MST
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Property History

413 days ago
Property Listed
26 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 1st June, 2023 09:00 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 Tansey-warner 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: 1st June, 2023 09:00 MST
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Bethany Beach, DE 19930

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Miscellaneous

All Listings data based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market. Tansey Warner Inc. is a Real Estate licensee in the Sussex License Number: SCAOR07041


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