202 Chesapeake St Rehoboth Beach, DE 19971
5
Beds
3.5
Baths
2,600
Sq Ft
4,792
Sq Ft Lot
Highlights
- 40 Feet of Waterfront
- 1 Boat Dock
- Open Floorplan
- Rehoboth Elementary School Rated A
- Lake View
- Coastal Architecture
About This Home
As of May 2024A true beach home dream! Nestled just two blocks away from the sands of Dewey Beach, this 5-bedroom, 3.5-bathroom oasis offers the epitome of coastal living. Situated along the tranquil shores of Comegys Lake, this recently renovated haven seamlessly blends modern luxury with the allure of beachside charm.
As you step inside, you're greeted by an abundance of natural light coming in from the newly replaced Pella windows and doors across the open-concept living spaces, adorned with pristine newly finished hardwood floors and coastal accents. The kitchen, boasting stainless steel appliances and sleek countertops, serves as the heart of the home, perfect for both culinary indulgence and entertaining guests.
Retreat to the expansive main bedroom, where views of the lake create a serene ambiance, inviting relaxation and rejuvenation. The additional bedrooms offer comfortable accommodations, each thoughtfully appointed to ensure restful nights and rejuvenating mornings. A versatile fifth bedroom provides the flexibility to accommodate your specific needs, whether as a home office, gym, or media room. The furnace was just replaced as of April 2024 and comes with a warranty! All mechanicals have warranties which will be transferred to the buyer for piece of mind.
Outside, the expansive screened in porch allows you to soak up the sunshine and savor the views of Lake Comegys. Host gatherings or simply relax in the privacy of your own outdoor oasis. Take a short stroll to the nearby beach, where endless hours of sun, sand, and surf await. Enjoy the new outdoor shower after a long day on the sand!
With proven rental income, this coastal retreat presents a lucrative investment opportunity for those seeking to capitalize on Dewey Beach's thriving vacation rental market. Whether you're seeking a year-round residence, a seasonal escape, or a lucrative investment property, this impeccable home offers the perfect blend of luxury, location, and lifestyle.
Don't miss your chance to experience the ultimate in beachside living – schedule your private tour today and discover the endless possibilities awaiting at this exclusive Dewey Beach retreat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $281
Year Built
- Built in 1967 | Remodeled in 2022
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- 40 Feet of Waterfront
- Lake Front
- North Facing Home
- Private Lot
- Secluded Lot
- Cleared Lot
- Back Yard
- Land Lease expires in 48 years
- Ground Rent
- Property is zoned TN
Home Design
- Coastal Architecture
- Cottage
- Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
Interior Spaces
- 2,600 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Built-In Features
- Beamed Ceilings
- Wood Ceilings
- Sliding Windows
- Family Room Off Kitchen
- Dining Area
- Lake Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Walk-in Shower
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Basement
- Exterior Basement Entry
- Basement Windows
Parking
- Private Parking
- Gravel Driveway
Outdoor Features
- Outdoor Shower
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a lake
- Sun Deck
- 1 Boat Dock
- Private Dock
- Deck
- Screened Patio
- Outdoor Storage
- Porch
Location
- Flood Risk
Schools
- Cape Henlopen High School
Utilities
- Central Heating and Cooling System
- Heating System Powered By Leased Propane
- Propane
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Rehoboth By The Sea Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-20.09-174.04
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $1,287,500 | -4.6% | $495 / Sq Ft |
| 04/08/2024 04/08/24 | Price Changed | $1,349,000 | -9.8% | $519 / Sq Ft |
| 03/07/2024 03/07/24 | For Sale | $1,495,000 | -- | $575 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $683 | $13,850 | $0 | $13,850 |
| 2023 | $682 | $13,850 | $0 | $13,850 |
| 2022 | $658 | $13,850 | $0 | $13,850 |
| 2021 | $652 | $13,850 | $0 | $13,850 |
| 2020 | $650 | $13,850 | $0 | $13,850 |
| 2019 | $651 | $13,850 | $0 | $13,850 |
| 2018 | $608 | $13,850 | $0 | $0 |
| 2017 | $582 | $13,850 | $0 | $0 |
| 2016 | $553 | $13,850 | $0 | $0 |
| 2015 | $529 | $13,850 | $0 | $0 |
| 2014 | $525 | $13,850 | $0 | $0 |
Source: Public Records
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2054754
APN: 334-20.09-174.04-A
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