Seller's Agent in 2026
Michael Reamy
OCEAN ATLANTIC SOTHEBYS
(202) 236-3229
43 Total Sales
124 Jersey St Dewey Beach, DE 19971
Dewey Beach Area
3
Beds
2
Baths
1,080
Sq Ft
4,792
Sq Ft Lot
Highlights
- Home fronts navigable water
- Water Access
- Open Floorplan
- Rehoboth Elementary School Rated A
- Public Beach
- Midcentury Modern Architecture
About This Home
As of June 2026Imagine stepping back into the golden era of beach living at 124 Jersey Street—an exceptionally rare Fee Simple opportunity in Rehoboth by the Sea just two blocks from the ocean.
Originally built as a quintessential North Dewey beach retreat, this classic 3-bedroom, 2-bath Windjammer cottage has been thoughtfully improved while preserving its authentic coastal character. In 2021, the property underwent significant structural enhancements, including lifting of the home by East Coast Structural to allow for the addition of a full foundation and insulated crawlspace. Major infrastructure improvements were completed at that time, including new plumbing, updated electrical systems, ductless mini-split HVAC, new siding and upgraded insulation—capital improvements that provide both peace of mind and long-term durability.
The home is further complemented by its distinctive and durable red metal roof, adding both architectural charm and practical longevity to this timeless coastal property.
Inside, the home features an inviting, airy layout designed for relaxed coastal living, with numerous gathering spaces ideal for entertaining after a day on the beach. The kitchen has been updated with new appliances and countertops, while outdoor spaces include spacious decking, dramatic lighting, lush landscaping, and multiple entertaining areas perfect for summer evenings, morning coffee, or casual gatherings with friends and family.
In a community largely comprised of land lease properties, fee-simple opportunities within Rehoboth by the Sea are limited and rarely available, providing long-term security, flexibility, and freedom from annual ground rent. Ideally located just steps from the beach and Dewey Beach’s vibrant dining, nightlife, and coastal attractions. Take a walk to local favorites like the Starboard, Bottle & Cork, or Woody’s for their famous crabcakes. Downtown Rehoboth’s boutique shopping and award-winning restaurants—including Back Porch Café, Fable, and Henlopen Oyster House—are just a mile away. Park the car, hop on a bike, or catch the Jolly Trolley and enjoy the best of coastal living.
Whether enjoyed as a nostalgic personal retreat, income-producing rental, or strategic long-term investment, the property offers compelling future potential in one of coastal Delaware’s most sought-after beach communities.
Last Agent to Sell the Property
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Brokerage Phone: 3022276767 License #RS-0024767 Listed on: 04/08/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,420
Year Built
- Built in 1980 | Remodeled in 2021
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
- Home fronts navigable water
- Public Beach
- North Facing Home
- Landscaped
- Corner Lot
- Partially Wooded Lot
- Property is in good condition
- Property is zoned TN
Home Design
- Midcentury Modern Architecture
- Coastal Architecture
- Contemporary Architecture
- Cottage
- Entry on the 1st floor
- Frame Construction
- Metal Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 1,080 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Partially Furnished
- Beamed Ceilings
- Ceiling height of 9 feet or more
- Skylights
- Wood Flooring
- Crawl Space
- Laundry on main level
Kitchen
- Galley Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- 2 Driveway Spaces
Accessible Home Design
- No Interior Steps
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Deck
- Enclosed Patio or Porch
- Water Fountains
- Exterior Lighting
- Outdoor Storage
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Ductless Heating Or Cooling System
- Back Up Electric Heat Pump System
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Rehoboth By The Sea Subdivision
Listing and Financial Details
- Tax Lot 86
- Assessor Parcel Number 334-20.10-158.00
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2026
Closed on
Jun 15, 2026
Sold by
Bought by
Seller's Agent
Michael Reamy
Monument Sotheby's International Realty
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$2,549,000
Sold Price
$2,500,000
Premium/Discount to List
-$49,000
-1.92%
Views
131
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.77%
Original Mortgage
$1,500,000
Outstanding Balance
$1,500,000
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$989,468
Purchase Details
Closed on
Feb 7, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,500,000 | None Listed On Document | |
| Deed | $38,700 | Hudson Jones Jaywork & Fisher |
Source: Public Records
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Closed | $1,500,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $87,500 | Credit Line Revolving | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $417,000 | No Value Available |
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 |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | Sold | $2,500,000 | -1.9% | $2,315 / Sq Ft |
| 04/17/2026 04/17/26 | Pending | -- | -- | -- |
| 04/08/2026 04/08/26 | For Sale | $2,549,000 | -- | $2,360 / Sq Ft |
Source: Bright MLS
Tax 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.
| 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 | $2,738 | $10,000 | $10,000 | $0 |
| 2024 | $1,329 | $10,000 | $10,000 | $0 |
| 2023 | $1,271 | $10,000 | $10,000 | $0 |
| 2022 | $1,238 | $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
Agents Affiliated with this Home
-
Michael Reamy
-
Shaun Tull
Buyer's Agent in 2026
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
271 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2108504
APN: 334-20.10-158.00
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