1 New Castle St Rehoboth Beach, DE 19971
Estimated payment $29,552/month
Highlights
- Ocean View
- Water Oriented
- Gourmet Kitchen
- Rehoboth Elementary School Rated A
- Building is oceanfront but unit may not have water views
- Commercial Range
About This Home
Welcome to 1 New Castle Street, an exquisite beach cottage masterfully transformed to blend timeless charm with modern sophistication. Originally a quaint 1950s seaside retreat, this residence has been meticulously re imagined, showcasing contemporary design elements and luxurious finishes. Upon entering, you're greeted by classic white oak flooring that flows seamlessly through bright, open spaces adorned with floating shelves, innovative Lutron lighting and home electronics system with smart TV's, sound system, security cameras, and more. A striking floating staircase with cable railings serves as a centerpiece, enhancing the home's modern aesthetic. The main level offers a welcoming gathering area featuring a sleek built-in beverage center and a convenient powder room. Three spacious, light-filled bedrooms provide ample built-in storage with laundry chutes, complemented by two spa-inspired bathrooms designed for ultimate relaxation. Ascending to the second level reveals a glamorous living area with soaring vaulted ceilings and expansive floor-to-ceiling custom windows that frame breathtaking ocean views. A modern gas fireplace adds warmth and ambiance to this stunning space. Adjacent lies a chef's dream kitchen, boasting stainless steel countertops, a commercial-grade Wolf range, a Sub-Zero refrigerator with glass doors, dual dishwashers, an ice maker, beverage drawers, dual sinks, and abundant custom cabinetry. This culinary haven opens to an exterior balcony, inviting you to savor the sights and sounds of the ocean waves. The second level also includes a private primary suite, accessible via a separate entrance at the rear of the home. This serene retreat features a luxurious en-suite bath, a custom walk-in closet, and more spectacular ocean vistas, offering complete solitude. Descending below grade, you'll find a tastefully finished basement equipped with multiple washers and dryers, a sink, built-in cabinetry, and a custom walk-in linen closet, ensuring ample storage and functionality. The exterior of the property boasts a spacious yard, perfect for sun-soaked relaxation. Additionally, a climate-controlled flex space currently serves as an executive office, while a separate storage area accommodates scooters, bikes, and beach essentials. This exceptional home caters to discerning buyers seeking a distinctive blend of classic charm and contemporary luxury in a prime coastal setting just one house off the ocean.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,312
Year Built
- Built in 2024
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Building is oceanfront but unit may not have water views
- Picket Fence
- Property is Fully Fenced
- Privacy Fence
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
Home Design
- Coastal Architecture
- Advanced Framing
- Architectural Shingle Roof
- Concrete Perimeter Foundation
- HardiePlank Type
- Stick Built Home
Interior Spaces
- Property has 3 Levels
- 1 Elevator
- Open Floorplan
- Wet Bar
- Built-In Features
- Vaulted Ceiling
- Recessed Lighting
- Fireplace Mantel
- Gas Fireplace
- Window Treatments
- French Doors
- Family Room Off Kitchen
- Combination Kitchen and Living
- Game Room
- Wood Flooring
- Ocean Views
- Finished Basement
- Laundry in Basement
Kitchen
- Gourmet Kitchen
- Double Oven
- Gas Oven or Range
- Commercial Range
- Six Burner Stove
- Range Hood
- Microwave
- Extra Refrigerator or Freezer
- Freezer
- Ice Maker
- Dishwasher
- Wolf Appliances
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Walk-in Shower
Laundry
- Front Loading Dryer
- Front Loading Washer
- Laundry Chute
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
- Multiple Balconies
- Office or Studio
- Shed
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Vented Exhaust Fan
- Geothermal Heating and Cooling
- Tankless Water Heater
- Propane Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Energy-Efficient Windows
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.18-129.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,245 | $26,400 | $12,500 | $13,900 |
| 2023 | $1,300 | $26,400 | $12,500 | $13,900 |
| 2022 | $1,255 | $26,400 | $12,500 | $13,900 |
| 2021 | $1,243 | $26,400 | $12,500 | $13,900 |
| 2020 | $1,239 | $26,400 | $12,500 | $13,900 |
| 2019 | $1,241 | $26,400 | $12,500 | $13,900 |
| 2018 | $1,159 | $26,400 | $0 | $0 |
| 2017 | $1,110 | $26,400 | $0 | $0 |
| 2016 | $1,055 | $26,400 | $0 | $0 |
| 2015 | $1,008 | $26,400 | $0 | $0 |
| 2014 | $1,000 | $26,400 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $5,495,000 | -8.3% | $1,436 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $5,995,000 | -7.8% | $1,567 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $6,500,000 | -- | $1,698 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,500,000 | Credit Line Revolving | |
| Previous Owner | $350,000 | No Value Available | |
| Previous Owner | $150,000 | No Value Available |
Source: Bright MLS
MLS Number: DESU2078768
APN: 334-14.18-129.00
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