Seller's Agent in 2025
Michael Reamy
OCEAN ATLANTIC SOTHEBYS
(202) 236-3229
1 in this area
43 Total Sales
18 Delaware Ave Rehoboth Beach, DE 19971
Rehoboth Beach AreaEstimated Value: $2,069,165 - $2,846,000
7
Beds
2.5
Baths
1,900
Sq Ft
$1,343/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- No HOA
- Dogs and Cats Allowed
- Rehoboth Elementary School Rated A
- Central Air
- North Facing Home
About This Home
As of December 2025Charming Turn-of-the-Century Cottage– Just Steps from Rehoboth Beach Boardwalk. Nestled on the ocean block of one of Rehoboth’s most iconic locations, 18 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of Rehoboth Beach. With thoughtful updates, enhancements and expansions, this property could become a rental machine, as demonstrated by comparable nearby properties. Whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek. Enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm. Bonus Opportunity: This home can also be purchased in combination with neighboring 16 Delaware Avenue (MLS# DESU2087708), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in Rehoboth Beach. Whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique. Don’t miss this exceptional opportunity in the heart of Rehoboth Beach
Last Agent to Sell the Property
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0024767 Listed on: 06/06/2025
Last Buyer's Agent
(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,040
Year Built
- Built in 1899
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- North Facing Home
- Property is in good condition
- Property is zoned TN
Home Design
- Coastal Architecture
- Farmhouse Style Home
- Cottage
- Entry on the 1st floor
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,900 Sq Ft Home
- Property has 2.5 Levels
- Crawl Space
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Off-Street Parking
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Back Up Electric 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
- Assessor Parcel Number 334-14.18-65.00
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
Jun 6, 2025
Closed on
Dec 22, 2025
Sold by
Bought by
Seller's Agent
Michael Reamy
Monument Sotheby's International Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%
Views
160
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$248,709
Avg. Annual Appreciation
-13.93%
Original Mortgage
$2,100,000
Interest Rate
0.0622%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 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
$1,000,000
Interest Rate
0.0356%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 1984
Bought by
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,800,000 | None Listed On Document | ||
| $2,000,000 | None Listed On Document | ||
| $198,200 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,100,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,000,000 |
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 |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | Sold | $2,800,000 | -6.6% | $1,474 / Sq Ft |
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $2,999,000 | -- | $1,578 / 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 | $4,513 | $22,000 | $12,500 | $9,500 |
| 2024 | $1,084 | $22,000 | $12,500 | $9,500 |
| 2023 | $1,083 | $22,000 | $12,500 | $9,500 |
| 2022 | $1,046 | $22,000 | $12,500 | $9,500 |
| 2021 | $636 | $22,000 | $12,500 | $9,500 |
| 2020 | $633 | $22,000 | $12,500 | $9,500 |
| 2019 | $634 | $22,000 | $12,500 | $9,500 |
| 2018 | $566 | $22,000 | $0 | $0 |
| 2017 | $541 | $22,000 | $0 | $0 |
| 2016 | $525 | $22,000 | $0 | $0 |
| 2015 | $505 | $22,000 | $0 | $0 |
| 2014 | $496 | $22,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Reamy
-
Lee Ann Wilkinson
Buyer's Agent in 2025
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 205-0392
9 in this area
1,724 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2087710
APN: 334-14.18-65.00
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