$1,525,000

111 Carolina St Dewey Beach, DE 19971

Estimated payment $8,178/month

Total Views 31,686
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • No HOA
  • More Than Two Accessible Exits
  • Rehoboth Elementary School Rated A
  • Cottage
  • Chairlift

About This Home

Welcome to 111 Carolina St – A Coastal Gem in Rehoboth By The Sea!

Nestled in the highly sought-after community of Rehoboth By The Sea, this stunning Crow’s Nest model was originally the builder’s showcase home, perfectly positioned on one of the highest lots in the neighborhood. Just 1.5 blocks from the beach, this 3-bedroom, 2-bathroom coastal cottage embodies the essence of beachside living with the perfect blend of comfort, character, and convenience. This pristine home has never been rented and has a renewed 50 year lease.

Outdoor Oasis
Step through the cheerful yellow gate into your private sanctuary, where lush, mature landscaping surrounds a fully fenced yard. Whether you're unwinding in the 6-person Saratoga Empire hot tub, enjoying a backyard BBQ, or relaxing on the Southern exposed front porch, this outdoor space is designed for both tranquility and entertaining. New hardscape pavers lead to a spacious outdoor shower with a changing area—a must-have after a day in the sand and surf. The exterior is crafted from solid Cypress board and batten, ensuring timeless durability and coastal charm. With a deep driveway and ample parking, you and your guests will always have space to park.

Coastal Charm Meets Modern Comfort
Inside, vaulted ceilings with exposed beams, a cozy fireplace, and thick, wide-plank cedar walls and flooring create a warm and inviting atmosphere. Sunlight pours in through upgraded Andersen windows, offering a bright, airy feel and refreshing coastal breezes. The updated kitchen is as stylish as it is functional, featuring soft-close drawers, lighted cabinets, quartz countertops, and modern appliances—perfect for preparing meals after a sun-soaked day at the beach.

Unbeatable Location
Positioned between Rehoboth and Dewey Beach, this home offers endless opportunities for adventure. Just two blocks north, you'll find the scenic Silver Lake, while a short walk south takes you to Dewey Beach’s vibrant restaurants and nightlife. Hop on the Jolly Trolley or take a leisurely 15-minute stroll to downtown Rehoboth, where boutique shopping, award-winning dining, and lively entertainment await. Prefer the outdoors? Enjoy a bike ride to Gordon’s Pond or the Lewes-Rehoboth Trail to explore Delaware’s breathtaking natural beauty.

A Smart Investment
Beyond its undeniable charm, 111 Carolina St presents a fantastic investment opportunity with strong rental potential. Whether you're looking for a peaceful beach retreat or a highly desirable income-generating property, this coastal escape checks all the boxes.

Don’t miss your chance to own a slice of paradise! Schedule your private showing today.

Listing Agent

Blair Cherico

Monument Sotheby's International Realty License #RS-0022554 Listed on: 04/04/2025

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1961

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Land Lease expires in 50 years
  • Property is zoned TN

Home Design

  • Cottage
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • Property has 1.5 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Chairlift
  • More Than Two Accessible Exits

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Wall Furnace
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-85.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Chairlift
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 4/4/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1961
  • Remarks Public: Welcome to 111 Carolina St – A Coastal Gem in Rehoboth By The Sea! Nestled in the highly sought-after community of Rehoboth By The Sea, this stunning Crow’s Nest model was originally the builder’s showcase home, perfectly positioned on one of the highest lots in the neighborhood. Just 1.5 blocks from the beach, this 3-bedroom, 2-bathroom coastal cottage embodies the essence of beachside living with the perfect blend of comfort, character, and convenience. This pristine home has never been rented and has a renewed 50 year lease. Outdoor Oasis Step through the cheerful yellow gate into your private sanctuary, where lush, mature landscaping surrounds a fully fenced yard. Whether you're unwinding in the 6-person Saratoga Empire hot tub, enjoying a backyard BBQ, or relaxing on the Southern exposed front porch, this outdoor space is designed for both tranquility and entertaining. New hardscape pavers lead to a spacious outdoor shower with a changing area—a must-have after a day in the sand and surf. The exterior is crafted from solid Cypress board and batten, ensuring timeless durability and coastal charm. With a deep driveway and ample parking, you and your guests will always have space to park. Coastal Charm Meets Modern Comfort Inside, vaulted ceilings with exposed beams, a cozy fireplace, and thick, wide-plank cedar walls and flooring create a warm and inviting atmosphere. Sunlight pours in through upgraded Andersen windows, offering a bright, airy feel and refreshing coastal breezes. The updated kitchen is as stylish as it is functional, featuring soft-close drawers, lighted cabinets, quartz countertops, and modern appliances—perfect for preparing meals after a sun-soaked day at the beach. Unbeatable Location Positioned between Rehoboth and Dewey Beach, this home offers endless opportunities for adventure. Just two blocks north, you'll find the scenic Silver Lake, while a short walk south takes you to Dewey Beach’s vibrant restaurants and nightlife. Hop on the Jolly Trolley or take a leisurely 15-minute stroll to downtown Rehoboth, where boutique shopping, award-winning dining, and lively entertainment await. Prefer the outdoors? Enjoy a bike ride to Gordon’s Pond or the Lewes-Rehoboth Trail to explore Delaware’s breathtaking natural beauty. A Smart Investment Beyond its undeniable charm, 111 Carolina St presents a fantastic investment opportunity with strong rental potential. Whether you're looking for a peaceful beach retreat or a highly desirable income-generating property, this coastal escape checks all the boxes. Don’t miss your chance to own a slice of paradise! Schedule your private showing today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned, Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Zoned, Wall Unit, Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Quarterly
  • Land Lease Years Remaining: 50
  • Land Use Code: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 448.00
  • Tax Annual Amount: 638.00
  • Assessor Parcel Number: 334-20.10-85.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $811 $10,000 $10,000 $0
2023 $811 $10,000 $10,000 $0
2022 $794 $10,000 $10,000 $0
2021 $789 $10,000 $10,000 $0
2020 $787 $10,000 $10,000 $0
2019 $766 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $435 $10,000 $0 $0
2015 $417 $10,000 $0 $0
2014 $414 $10,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $1,525,000 -4.6% --
06/06/2025 06/06/25 Price Changed $1,599,000 -1.6% --
05/05/2025 05/05/25 Price Changed $1,625,000 -7.1% --
04/04/2025 04/04/25 For Sale $1,750,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2081654

Bright MLS

APN: 334-20.10-85.00