NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $6,128,000

6 Beds
7 Baths
6,737 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $6,600,000 $980 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $21,297/month

Highlights

  • 75 Feet of Waterfront
  • Marina
  • Primary bedroom faces the ocean
  • Rehoboth Elementary School Rated A
  • Ocean View
  • Boat Ramp

About This Home

As of July 2019

This spectacular oceanfront retreat, with panoramic views of the Atlantic Ocean, is the epitome of luxurious coastal elegance. Located in the exclusive community of North Shores, this extraordinary property features floor to ceiling windows with sweeping views of the Atlantic Ocean. Gorgeous, scenic and relaxing vistas unfold each and every day from this home's expansive interior and exterior living spaces, in which no detail has been overlooked. At over 6,700 heated square feet, this exceptional residence which was built to Category 5 hurricane standards, features stunning finishes throughout. From the random-width reclaimed oak hardwood floors, gourmet kitchen complete with Viking appliances and 48-inch gas cooktop, Andersen hurricane rated windows and sliders, four fireplaces, custom built-in cabinetry, and elevator servicing all four floors, this home exudes refined coastal luxury. The sun-filled, open floorplan boasts large custom circular windows allowing natural light throughout the first floor, which also has a large sunroom, dining room, owner's suite with full bath, powder room, office and game room. The expansive 1,400 square foot rear deck, with plenty of room for dining al fresco and relaxing outdoors, features an elevated heated infinity pool and spa. The stainless-steel cable wiring railings add a modern coastal touch and the private walkway leads directly to the guarded beach. On the lower level, the oversized conditioned garages offer room for four vehicles with ample storage space (over 2,000 square feet) for all the beach toys and gear. The second-floor features three additional ensuite bedrooms with private full baths, as well as an exercise room which could be used as an additional bedroom with half bath. Two of these bedrooms feature private oceanfront decks. The top level features a gorgeous sitting room, stunning owner's bedroom, fireplace, luxury bath, and outdoor oceanfront deck; this level could also easily function as a private in-law suite. In addition, this home boasts many more unseen upgrades and top-of-the-line construction materials, including full steel framing supporting entire interior, walls, floors and decking, as well as 75 foot deep concrete and steel pilings. A six-foot iron fence surrounds the property with two motorized entry gates to provide peace of mind and security. The community of North Shores features a community pool, tennis courts, a boat marina, and private beach. Within biking and walking distance lies Rehoboth Beach with its stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment; however, the location of this residence offers unparalleled wildlife watching with dolphin sightings and sea birds making frequent appearances. One of this area's beautiful and protected natural resources, the neighboring Gordon's Pond State Park, boasts drive-on beach access, undeveloped beaches and dunes, along with the entrance to the Breakwater Trail which provides direct biking and walking access to Lewes. This is truly a significant property which is a must-see for anyone searching for a spectacular oceanfront residence in a perfectly located community. $150,000 Incentive for acceptable contract by July 4th, 2019!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 05/20/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Justin Healy

(302) 542-6610 justin.healy@oasir.net Monument Sotheby's International Realty License #RB-0003444

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 2015

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75 x 250
  • 75 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • West Facing Home
  • Property is Fully Fenced
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 6 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • 1 Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 4 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Storage Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Infinity Pool
  • Spa

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Lake Privileges
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows with Low Emissivity
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-14.05-129.00

Community Details

Overview

  • Association fees include common area maintenance, reserve funds
  • North Shores Board Of Governors HOA, Phone Number (302) 227-6136
  • Built by Burton Builders
  • North Shores Subdivision
  • Property Manager

Recreation

  • Boat Ramp
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,036

Year Built

Built in 2015

Lot Details

0

HOA Fees

$188 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Remarks Public: This spectacular oceanfront retreat, with panoramic views of the Atlantic Ocean, is the epitome of luxurious coastal elegance. Located in the exclusive community of North Shores, this extraordinary property features floor to ceiling windows with sweeping views of the Atlantic Ocean. Gorgeous, scenic and relaxing vistas unfold each and every day from this home's expansive interior and exterior living spaces, in which no detail has been overlooked. At over 6,700 heated square feet, this exceptional residence which was built to Category 5 hurricane standards, features stunning finishes throughout. From the random-width reclaimed oak hardwood floors, gourmet kitchen complete with Viking appliances and 48-inch gas cooktop, Andersen hurricane rated windows and sliders, four fireplaces, custom built-in cabinetry, and elevator servicing all four floors, this home exudes refined coastal luxury. The sun-filled, open floorplan boasts large custom circular windows allowing natural light throughout the first floor, which also has a large sunroom, dining room, owner's suite with full bath, powder room, office and game room. The expansive 1,400 square foot rear deck, with plenty of room for dining al fresco and relaxing outdoors, features an elevated heated infinity pool and spa. The stainless-steel cable wiring railings add a modern coastal touch and the private walkway leads directly to the guarded beach. On the lower level, the oversized conditioned garages offer room for four vehicles with ample storage space (over 2,000 square feet) for all the beach toys and gear. The second-floor features three additional ensuite bedrooms with private full baths, as well as an exercise room which could be used as an additional bedroom with half bath. Two of these bedrooms feature private oceanfront decks. The top level features a gorgeous sitting room, stunning owner's bedroom, fireplace, luxury bath, and outdoor oceanfront deck; this level could also easily function as a private in-law suite. In addition, this home boasts many more unseen upgrades and top-of-the-line construction materials, including full steel framing supporting entire interior, walls, floors and decking, as well as 75 foot deep concrete and steel pilings. A six-foot iron fence surrounds the property with two motorized entry gates to provide peace of mind and security. The community of North Shores features a community pool, tennis courts, a boat marina, and private beach. Within biking and walking distance lies Rehoboth Beach with its stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment; however, the location of this residence offers unparalleled wildlife watching with dolphin sightings and sea birds making frequent appearances. One of this area's beautiful and protected natural resources, the neighboring Gordon's Pond State Park, boasts drive-on beach access, undeveloped beaches and dunes, along with the entrance to the Breakwater Trail which provides direct biking and walking access to Lewes. This is truly a significant property which is a must-see for anyone searching for a spectacular oceanfront residence in a perfectly located community. $150,000 Incentive for acceptable contract by July 4th, 2019!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater - Tankless, Oven - Wall, Range Hood
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Bar, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Elevator, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Central Vacuum, Kitchen - Gourmet
  • Window Features: Energy Efficient, Low-E, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings
  • Foundation Details: Block
  • Floors In Unit Count: 4
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Foyer, Sun/Florida Room, Great Room, Office, Storage Room, Bedroom 6
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 12120
  • Living Area Sq Ft: 6737
  • Price Per Sq Ft: 1150.36
  • Above Grade Finished Sq Ft: 6737
  • Above Grade Unfinished Sq Ft: 5383
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Brick, Hardiplank Type
  • Exterior Features: Hot Tub, Private Beach
  • Pool Features: Negative Edge/Infinity
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Stone Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area, Garage Door Opener, Oversized
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Security Gate, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Pool - Outdoor, Water/Lake Privileges, Tennis Courts, Boat Ramp, Marina/Marina Club, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds
  • HOA Name: NORTH SHORES BOARD OF GOVERNORS
  • HOA Phone: 302 227 6136
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.43
  • Lot Dimensions: 75 x 250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18750.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • R Factor Ext Walls: R40

Building Info

  • Builder Name: Burton Builders

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5195045
  • School Tax: 8120.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 9036.00
  • Assessor Parcel Number: 334-14.05-129.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/18/2019

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 18, 2019
Sold by
Vollmer Louis J and Vollmer Saralynn L
Bought by
Hrf Llc
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Justin Healy
Monument Sotheby's International Realty
List Price
$7,750,000
Sold Price
$6,600,000
Premium/Discount to List
-$1,150,000
-14.84%
Current Estimated Value
$3,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,905,000
Avg. Annual Appreciation
-8.92%

Purchase Details

Closed on
Dec 21, 2011
Sold by
Lizette G Lizette G and Smith Presley Alexander L
Bought by
Vollmer Louis J and Vollmer Saralynn

Purchase Details

Closed on
Dec 15, 2011
Sold by
Lizette G Lizette G and Smith Presley Alexander L
Bought by
Vollmer Louis J and Vollmer Saralynn
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hrf Llc $6,600,000 --
Vollmer Louis J $32,500,000 --
Vollmer Louis J $32,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $6,600,000 -14.8% $980 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $7,750,000 -- $1,150 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $18,227 $205,750 $39,750 $166,000
2024 $10,141 $205,750 $39,750 $166,000
2023 $10,132 $205,750 $39,750 $166,000
2022 $9,779 $205,750 $39,750 $166,000
2021 $9,689 $205,750 $39,750 $166,000
2020 $9,660 $205,750 $39,750 $166,000
2019 $9,674 $205,750 $39,750 $166,000
2018 $9,036 $205,750 $0 $0
2017 $8,653 $205,750 $0 $0
2016 $8,219 $205,750 $0 $0
2015 $7,853 $205,750 $0 $0
2014 $1,506 $39,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU140718

Bright MLS

APN: 334-14.05-129.00