$669,000
OPEN SUN 12PM - 2PM

20217 Tabasco Ln Unit 1 Rehoboth Beach, DE 19971

Estimated payment $4,391/month

Total Views 25
3 Beds
3.5 Baths
1,980 Sq Ft
$338 Price per Sq Ft

Highlights

  • Coastal Architecture
  • Wood Flooring
  • Screened Porch
  • Rehoboth Elementary School Rated A
  • Great Room
  • 1 Car Direct Access Garage

About This Home

Just minutes to the Beach. $50K Rental Income. Fully Furnished. If you’ve been dreaming of owning at the beach, this is the one that checks every box. Located east of Route 1 and just minutes from the sand, this stunning 3-bedroom, 3.5-bath town townhome delivers the ultimate coastal lifestyle. Imagine waking up, grabbing coffee, and walking to the beach before biking to nearby restaurants, shops, and local hotspots. Inside, the home is completely turnkey and beautifully furnished, featuring a stylish kitchen with stainless steel appliances, open living spaces perfect for entertaining, and porches on all three levels to enjoy ocean breezes and sunset cocktails. Practical perks include a one-car garage and easy access to Route 1, making it effortless to get in and out of town. And here’s the kicker: this property produced $50,000 in seasonal rental income in 2025. So whether you’re looking for a beach getaway, a smart investment, or both, this home offers a rare opportunity to own a high-performing, income-generating property just steps from the beach. Beach days. Bike rides. Rental income. Repeat.

Listing Agent

Laurie Ferris

(302) 541-8787 lferris60@gmail.com Iron Valley Real Estate at The Beach Brokerage Phone: 3025418787 Listed on: 03/09/2026

Iron Valley Real Estate at The Beach

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Lot Details

  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $279 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 1 Driveway Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 3 Levels
  • Great Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 60 Gallon+ Electric Water Heater

Community Details

Overview

  • Wilgus Associations Condos
  • Canal Villas Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

0 Sq Ft Lot

HOA Fees

$279 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: Range, Microwave, Dishwasher, Refrigerator, blinds, curtains, furniture
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 3/9/2026 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2019
  • Special Features: 4097
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Partially Carpeted
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Great Room, Laundry, Half Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 337.88
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Blown-In Insulation, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 837.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Wilgus Associations
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 987.00
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: NO TAX RECORD
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2026 03/09/26 Price Changed $669,000 -1.5% $338 / Sq Ft
03/09/2026 03/09/26 Price Changed $679,000 -1.6% $343 / Sq Ft
03/09/2026 03/09/26 For Sale $689,900 +30.9% $348 / Sq Ft
03/18/2022 03/18/22 Sold $527,000 -0.4% $266 / Sq Ft View Prior Sale
02/19/2022 02/19/22 Price Changed $529,000 +8.2% $267 / Sq Ft
01/08/2022 01/08/22 For Sale $489,000 +39.8% $247 / Sq Ft
04/01/2019 04/01/19 Sold $349,900 0.0% -- View Prior Sale
01/29/2019 01/29/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $349,900 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2106612

Bright MLS
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