Seller's Agent in 2026
Brian Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 228-0204
134 in this area
370 Total Sales
116 Laurel St Rehoboth Beach, DE 19971
4
Beds
2
Baths
1,500
Sq Ft
6,599
Sq Ft Lot
Highlights
- View of Trees or Woods
- Coastal Architecture
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Deck
- 4-minute walk to Stockley Street Park
About This Home
As of January 2026Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50’ x 131.98’ lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. It’s nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design your dream home, beach retreat, or rental investment. Two well-known local builders have confirmed that a pool or hot tub can fit in the backyard if the new home is designed thoughtfully. Currently, the property generates between $66,000–$70,000 annually through a mix of short-term weekly rentals and a long-term off-season tenant. There’s ample parking with both off-street and street spaces available. Located on a quiet, tree-lined street, this home offers a peaceful setting while being just moments from the best of downtown Rehoboth Beach — from boutique shopping and gourmet dining to the Bandstand concerts, art shows, and beloved annual events like Sea Witch Festival, JazzFest, Gumbo Crawl, and the Rehoboth Christmas Parade. Whether you’re looking for a turn-key beach cottage, an investment property with strong rental history, or a blank canvas for your future coastal masterpiece — 116 Laurel Street is a rare gem with endless potential.
Last Agent to Sell the Property
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RA-0020621 Listed on: 11/25/2025
Co-Listed By
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,182
Year Built
- Built in 1974
Lot Details
- 6,599 Sq Ft Lot
- Lot Dimensions are 50.00 x 132.00
- Property is Fully Fenced
- Property is zoned TN
Property Views
- Pond
- Woods
Home Design
- Coastal Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,500 Sq Ft Home
- Property has 1 Level
- Furnished
- Wood Burning Fireplace
- Insulated Windows
- Insulated Doors
- Great Room
- Dining Room
- Sun or Florida Room
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Ice Maker
- Upgraded Countertops
Flooring
- Tile or Brick
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Deck
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 86
- Assessor Parcel Number 334-14.17-569.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2025
Closed on
Jan 16, 2026
Sold by
Laurel Place Llc
Bought by
116 Laurel Llc
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Brian Barry
Jack Lingo - Rehoboth
List Price
$2,400,000
Sold Price
$2,287,500
Premium/Discount to List
-$112,500
-4.69%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$2,547,000
Outstanding Balance
$2,547,000
Interest Rate
6.19%
Mortgage Type
Construction
Estimated Equity
-$261,403
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,287,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,547,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | Sold | $2,287,500 | -4.7% | $1,525 / Sq Ft |
| 12/06/2025 12/06/25 | Pending | -- | -- | -- |
| 11/25/2025 11/25/25 | For Sale | $2,400,000 | -- | $1,600 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $4,247 | $15,750 | $10,500 | $5,250 |
| 2024 | $776 | $15,750 | $10,500 | $5,250 |
| 2023 | $776 | $15,750 | $10,500 | $5,250 |
| 2022 | $749 | $15,750 | $10,500 | $5,250 |
| 2021 | $742 | $15,750 | $10,500 | $5,250 |
| 2020 | $739 | $15,750 | $10,500 | $5,250 |
| 2019 | $741 | $15,750 | $10,500 | $5,250 |
| 2018 | $692 | $15,750 | $0 | $0 |
| 2017 | $662 | $15,750 | $0 | $0 |
| 2016 | $629 | $15,750 | $0 | $0 |
| 2015 | $601 | $15,750 | $0 | $0 |
| 2014 | $597 | $15,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Barrows
-
Jennifer Barrows
Seller Co-Listing Agent in 2026
Jennifer Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 841-9505
100 in this area
225 Total Sales
-
Brian Barry
B
Buyer's Agent in 2026
Brian Barry
Jack Lingo - Rehoboth
(302) 547-4372
17 in this area
17 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2100576
APN: 334-14.17-569.00
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