$999,000
UNDER CONTRACT

2 Newbold Square Unit 2 Rehoboth Beach, DE 19971

Estimated payment $5,400/month

Total Views 1,752
3 Beds
-- Bath
1,133 Sq Ft
$882 Price per Sq Ft

Highlights

  • 25 Feet of Waterfront
  • 1 Dock Slip
  • Boat Ramp
  • Rehoboth Elementary School Rated A
  • Pier or Dock
  • Private Pool

About This Home

Welcome to Newbold Square, one of Silver Lake’s most secluded waterfront communities — just three easy blocks from the sun, surf, and sand of the Atlantic. Tucked at the end of a quiet dead-end street on Scarborough Avenue Extended, this peaceful setting feels like a hidden retreat, yet everything you love about Rehoboth Beach is right at your fingertips. Just next door, Rehoboth Beach Elementary offers access to basketball, pickleball, and tennis courts — perfect for staying active between beach days.
This desirable end unit offers added privacy and sweeping, unobstructed views of Silver Lake, where mornings begin with shimmering water and evenings end with glowing sunsets. The intimate 40-residence community features a private in-ground pool, a kayak launch for spontaneous paddles, and beautifully maintained grounds that make every arrival feel like a getaway.
The main living space is elevated on the second floor, designed to capture breathtaking lake views. An expansive living and dining area opens onto a spacious waterfront deck — the perfect backdrop for morning coffee, alfresco dinners, or simply soaking in the coastal breeze. A wood-burning fireplace adds warmth and charm for cozy nights year-round. The kitchen, completely renovated in 2022 with stunning quartz countertops, shines with fresh, modern style. The entire unit has been freshly painted, carpets cleaned, and new balcony decking installed, making it truly move-in ready.
Also on the second level, the primary suite provides comfort and convenience with its own private bath and in-unit washer and dryer. Upstairs, a vaulted overlook creates an airy, open feel and leads to a versatile sleeping loft, two additional bedrooms, and a full bath — an ideal layout for hosting family and friends after long beach days.
Silver Lake is home to the beloved Turtle Bridge, where wildlife sightings and peaceful park views are part of your daily routine. Cross the bridge, wander through the park, and follow Stockley Street straight to the iconic Boardwalk. From this prime location, you can stroll to the beach, shops, restaurants, and everything that makes Rehoboth Beach so special.
With its premier waterfront setting, end-unit privacy, thoughtful layout for gathering, and unbeatable proximity to the beach and Boardwalk, this property offers exceptional rental potential — making it not only a beautiful coastal retreat, but a smart investment in the beach lifestyle you’ve been dreaming of.

Listing Agent

Carol Ann Pala

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Brokerage Phone: 3022276767 License #RS-0025033 Listed on: 03/03/2026

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1968

Lot Details

  • 25 Feet of Waterfront
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $607 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,133 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Canoe or Kayak Water Access
  • Property is near a lake
  • Property is near a pond
  • Bulkhead
  • Boat Ramp
  • 1 Dock Slip
  • Dock Against Bulkhead
  • Lake Privileges
  • Balcony

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-20.05-356.00-2

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, snow removal, management, pool(s)
  • Mbeck Property Management HOA
  • Newbold Square Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,740

Year Built

Built in 1968

Lot Details

2.37 Acres

HOA Fees

$607 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Everything on the mantel, white candle holder, large painting on the living room wall, sailboat lamp. All staging (paintings, pillows, bedspreads, light gray chair in living room, lamps, glass cocktail table in living room, outdoor furniture on balcony, o
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 3/4/2026 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Special Features: UnderContract
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Skylight(s), Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Loft, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1133
  • Living Area Sq Ft: 1133
  • Price Per Sq Ft: 881.73
  • Above Grade Finished Sq Ft: 1133
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stick Built, Stucco, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1822.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pier/Dock, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Snow Removal, Management, Pool(s)
  • HOA Name: MBECK PROPERTY MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Bulkheaded, Trees/Wooded
  • Lot Size Acres: 2.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 103237.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1740.44
  • Assessor Parcel Number: 334-20.05-356.00-2
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Federal Flood Zone: Coastal 100
  • Waterfront Features: Boat/Launch Ramp - Private

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,741 $15,600 $0 $15,600
2024 $863 $15,600 $0 $15,600
2023 $862 $15,600 $0 $15,600
2022 $832 $15,600 $0 $15,600
2021 $824 $15,600 $0 $15,600
2020 $822 $15,600 $0 $15,600
2019 $823 $15,600 $0 $15,600
2018 $769 $17,500 $0 $0
2017 $736 $17,500 $0 $0
2016 $699 $17,500 $0 $0
2015 $668 $17,500 $0 $0
2014 $663 $17,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2026 03/03/26 For Sale $999,000 +58.6% $882 / Sq Ft
12/15/2014 12/15/14 Sold $629,900 0.0% -- View Prior Sale
11/02/2014 11/02/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $629,900 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $629,900 --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2103990

Bright MLS

APN: 334-20.05-0356.00- 2

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