Seller's Agent in 2025
Patrick Sommer
McWilliams/Ballard, Inc.
(302) 387-4227
10 in this area
23 Total Sales
Edgewater House 2 Virginia Ave Unit 524 Floor 5 Rehoboth Beach, DE 19971
2
Beds
2
Baths
1,300
Sq Ft
$1,328/mo
HOA Fee
Highlights
- 15 Feet of Waterfront
- Access to Tidal Water
- Furnished
- Rehoboth Elementary School Rated A
- Midcentury Modern Architecture
- Community Pool
About This Home
As of October 2025Rare Oceanfront Opportunity with Stunning Views & Strong Rental Potential!
Don’t miss this 2-bedroom, 2-bath, two-level oceanfront condo located in a classic mid-century building overlooking the Atlantic Ocean and iconic boardwalk. This spacious unit offers an open layout with abundant natural light and a private balcony perfect for enjoying sunrise views and salty breezes. Situated in a secure building with assigned parking and a private pool, this property delivers comfort, convenience, and unbeatable beach access. The two-level floor plan provides added privacy and flexibility—ideal for personal use or as a high-performing vacation rental. With its prime oceanfront location, proven rental income potential, and access to everything the boardwalk has to offer, this is a rare chance to own a turn-key property in one of the area's most desirable buildings.
Last Agent to Sell the Property
(302) 387-4227 patrickwsommer@gmail.com McWilliams/Ballard, Inc. License #634531 Listed on: 06/28/2025
Last Buyer's Agent
(302) 236-1046 christine@activeadultsrealty.com Active Adults Realty License #RA-0030990
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,231
Year Built
- Built in 1966
Lot Details
- 15 Feet of Waterfront
HOA Fees
- $1,328 Monthly HOA Fees
Parking
- 1 Off-Street Space
Home Design
- Midcentury Modern Architecture
- Entry on the 5th floor
- Masonry
Interior Spaces
- 1,300 Sq Ft Home
- Property has 2 Levels
- Furnished
Bedrooms and Bathrooms
Outdoor Features
- Access to Tidal Water
- Water Oriented
- Property is near an ocean
Utilities
- No Cooling
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
- Public Septic
Listing and Financial Details
- Property is used as a vacation rental
- No Smoking Allowed
- Assessor Parcel Number 334-14.14-23.00-524
Community Details
Overview
- Association fees include high speed internet
- Mid-Rise Condominium
- Edgewater House Community
- North Rehoboth Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $990,000 | -5.7% | $762 / Sq Ft |
| 08/26/2025 08/26/25 | Price Changed | $1,050,000 | -8.3% | $808 / Sq Ft |
| 07/25/2025 07/25/25 | Price Changed | $1,145,000 | -11.6% | $881 / Sq Ft |
| 06/28/2025 06/28/25 | For Sale | $1,295,000 | -- | $996 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Patrick Sommer
-
Kevin McDuffie
Seller Co-Listing Agent in 2025
Kevin McDuffie
McWilliams/Ballard, Inc.
(202) 439-2435
1 in this area
4 Total Sales
-
Christine Davis
Buyer's Agent in 2025
Christine Davis
Active Adults Realty
(302) 236-1046
6 in this area
103 Total Sales
About Edgewater House
Map
Source: Bright MLS
MLS Number: DESU2088978
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