$1,795,000

115 Jersey St Dewey Beach, DE 19971

Estimated payment $9,614/month

Total Views 272
3 Beds
2 Baths
1,080 Sq Ft
$1,662 Price per Sq Ft

Highlights

  • Hot Property
  • Home fronts navigable water
  • Public Beach
  • Rehoboth Elementary School Rated A
  • Water Access
  • Coastal Architecture

About This Home

Imagine stepping back into the golden era of beach living at 115 Jersey Street—a classic coastal retreat in much sought-after Rehoboth by the Sea, just over one block from the ocean.
A quintessential North Dewey beach cottage, this charming 3-bedroom, 2-bath home blends nostalgic beach character with thoughtful updates designed for today’s coastal lifestyle. The property has undergone numerous renovations over the years, highlighted by a spacious updated kitchen that serves as the heart of the home—perfect for gathering after a day at the beach.
Inside, the home offers an inviting and airy layout with comfortable gathering spaces ideal for relaxed entertaining. Outdoor living takes center stage with an expansive rear deck overlooking a generously sized backyard with ample room for a pool, creating exceptional potential for enhancing both lifestyle, rental revenue and long-term value. Lush landscaping and multiple outdoor entertainment areas provide the perfect backdrop for summer evenings, morning coffee, or casual gatherings with friends and family.
Located within the desirable Rehoboth by the Sea, the property is situated on leased land with approximately 48 years remaining on the current land lease—offering an opportunity to enjoy beach living in one of coastal Delaware’s most coveted communities at a more approachable price point than nearby fee simple properties.
The property has also proven itself as a strong income-producing investment, with over $68,000 in booked rental reservations for the 2026 season already on the calendar, highlighting both its desirability and exceptional rental potential.
Ideally positioned just steps from the beach and Dewey Beach’s vibrant dining, nightlife, and coastal attractions, enjoy easy access to local favorites like The Starboard, Bottle & Cork, and Woody's Dewey Beach for their famous crab cakes. Downtown Rehoboth Beach, with its boutique shopping and acclaimed dining destinations including Back Porch Café, Fable, and Henlopen City Oyster House, is just a mile away. Park the car, hop on a bike, or catch the Jolly Trolley and enjoy the very best of coastal living.
Whether enjoyed as a nostalgic personal getaway, rock solid rental investment, or long-term beach retreat, 115 Jersey Street offers a rare opportunity to own a piece of classic Dewey Beach charm in an exceptional location.

Listing Agent

Michael Reamy

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Brokerage Phone: 3022276767 License #RS-0024767 Listed on: 06/02/2026

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1980 | Remodeled in 2016

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Home fronts navigable water
  • Public Beach
  • South Facing Home
  • Partially Fenced Property
  • Partially Wooded Lot
  • Land Lease of $22,037 per year expires in 48 years
  • Ground Rent expires in 48 years
  • Property is zoned R1

Home Design

  • Coastal Architecture
  • Cottage
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Asbestos Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Screens
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway
  • Gravel Driveway

Accessible Home Design

  • Halls are 36 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Enclosed Patio or Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-106.00-2472

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,055

Year Built

Built in 1980 | Remodeled in 2016

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 36"+ Wide Halls, Level Entry - Main
  • Ownership: Land Lease
  • Exclusions: Personal items
  • Historic: No
  • Inclusions: Most furnishings as shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Year Renovated: 2016
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pillar/Post/Pier, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 1662.04
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Asbestos Shingle
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Gravel Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Land Lease Amount: 22037.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 48
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Enclosed, Patio(s)
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 48
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 68000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 681.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1055.00
  • Assessor Parcel Number: 334-20.10-106.00-2472
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 For Sale $1,795,000 -- $1,662 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2112650

Bright MLS
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