$2,400,000
OPEN SAT 10AM - 12PM

116 Laurel St Rehoboth Beach, DE 19971

Estimated payment $13,106/month

4 Beds
2 Baths
1,500 Sq Ft
$1,600 Price per Sq Ft

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

Opportunities 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.

Listing Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 11/25/2025

Monument Sotheby's International Realty

Co-Listing Agent

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1974

Lot Details

  • 7,405 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

  • Tax Lot 86
  • Assessor Parcel Number 334-14.17-569.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,182

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Special Features: 4097
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Icemaker, Washer, Dryer, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Dining Area, Upgraded Countertops
  • Window Features: Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Bathroom 1, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 1600.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Frame
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Trees/Woods, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 3817.00
  • Tax Annual Amount: 5182.00
  • Assessor Parcel Number: 334-14.17-569.00
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $2,400,000 -- $1,600 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2100576

Bright MLS

APN: 334-14.17-569.00

Delaware Sussex County Rehoboth Beach 19971

116 Laurel St, Rehoboth Beach, DE

For Sale

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Brian Barrows
Listing Agent
Brian Barrows
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Monument Sotheby's International Realty
(302) 305-3489