$5,995,000
UNDER CONTRACT

20418 Silver Lake Dr Rehoboth Beach, DE 19971

Estimated payment $32,279/month

Total Views 12,630
6 Beds
6.5 Baths
4,607 Sq Ft
$1,301 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Heated In Ground Pool
  • Rehoboth Elementary School Rated A
  • Guest House
  • Gourmet Kitchen

About This Home

Introducing 20418 Silver Lake Drive, an extraordinary coastal retreat affectionately known as “High Pointe.” Perfectly positioned along the shores of Silver Lake in Rehoboth Beach, this 6-bedroom, 6.5 bath residence commands one of the most desirable vantage points in town, where sparkling lake views meet glimpses of the Atlantic Ocean. The home’s shingle-style exterior, awnings, lush gardens, and multiple porches and decks create a timeless curb appeal. Offering more than 4,600 SF of interior living space, complemented by over 1,000 SF of outdoor living areas and an unfinished basement, High Pointe balances elegance with functionality. Step inside and experience a remarkable blend of classic detail and fresh, modern updates. A grand foyer with 12-foot ceilings and polished marble floors welcomes you and flows into the newly reimagined main living room. Designed with a contemporary edge, this space showcases a dramatic floor-to-ceiling wine storage cabinet, walls of windows, coffered ceilings, and a gas fireplace. Adjacent lies the dining area and a chef’s kitchen that has been completely renovated with sleek custom cabinetry, commercial-grade appliances, and beautiful quartz countertops. The first level also includes a bright guest suite, a versatile laundry room that doubles as a butler’s pantry, a stylish powder room, and a screened porch overlooking the private backyard. A graceful staircase lined with oversized windows leads to the second floor, where built-ins and a personal library define the landing. The waterfront primary suite has been transformed into a spa-like escape, featuring dual walk-in closets, a sitting area, and a fully updated ensuite bath with sophisticated finishes that evoke the luxury of a 5-star hotel. This level also offers two additional guest suites with private baths. On the top floor, a relaxed lounge opens to a sun deck with sweeping lake and ocean vistas. A fifth bedroom with ensuite bath and dual closets and an additional finished walk-in closet is ideal for extra storage. For ultimate ease, an elevator services every floor, including the spacious unfinished basement that offers room for expansion. The outdoor setting is every bit as impressive as the interiors. Manicured landscaping, irrigation, and a heated saltwater pool are accented by a paver patio, outdoor shower wrapped in wisteria, landscape lighting, surround sound, and tranquil water features – creating the perfect backdrop for summer entertaining. An oversized two-car garage provides ample parking and storage, while above it, a charming one-bedroom guest apartment offers its own kitchen, living area, laundry, and full bath. Offered fully furnished, this home presents a rare opportunity to own a turn-key coastal estate in Rehoboth Beach, ready to be enjoyed for the 2026 summer season.

Listing Agent

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284 Listed on: 09/16/2025

Jack Lingo - Rehoboth

Co-Listing Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,570

Year Built

  • Built in 2012 | Remodeled in 2024

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50 x 226.00
  • 50 Feet of Waterfront
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Cleared Lot
  • Back Yard Fenced
  • Seller has riparian rights to the property directly on Silver Lake and does maintain the lawn on that parcel.
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • 2 Car Detached Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Lake

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Poured Concrete
  • Architectural Shingle Roof
  • Shake Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Transom Windows
  • Window Screens
  • French Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Library
  • Loft

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Engineered Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a lake
  • Riparian Lease
  • Multiple Balconies
  • Screened Patio
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters
  • Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Propane
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Guest House

Community Details

  • No Home Owners Association
  • Silver Lake Shores Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-20.10-4.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,570

Year Built

Built in 2012 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Select artwork and personal items
  • Inclusions: All major appliances, fixtures and furnishings
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2012
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: 4226
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Instant Hot Water, Microwave, Oven - Double, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Dryer, Water Heater, Freezer
  • Flooring Type: Carpet, Ceramic Tile, Engineered Wood, Marble
  • Interior Amenities: Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Insulated, Screens, Transom
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings, High, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Library, Foyer, Bedroom 1, Laundry, Loft, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Sump Pump, Unfinished
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 6366
  • Living Area Sq Ft: 4607
  • Price Per Sq Ft: 1301.28
  • Above Grade Finished Sq Ft: 4607
  • Below Grade Sq Ft: 1759
  • Total Below Grade Sq Ft: 1759
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Garage(s), Guest House
  • Construction Materials: Combination, Hardiplank Type, Shake Siding, Stick Built, Cpvc/Pvc
  • Exterior Features: Extensive Hardscape, Gutter System, Exterior Lighting, Lawn Sprinkler, Outbuilding(s), Outside Shower
  • Pool Features: Heated, In Ground, Saltwater, Gunite
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Lake, Ocean
  • Water Access: Yes
  • Water Body Name: Silver Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Private
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 16
  • Type Of Parking: Detached Garage, Off Street, Driveway
  • Number of Spaces in Driveway: 6
  • Off Street Parking Spaces: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 220 Volts, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Multi-Tank
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available, Propane
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels Description: Seller has riparian rights to the property directly on Silver Lake and does maintain the lawn on that parcel.
  • Fencing: Privacy, Rear, Wood
  • Lot Features: Cleared, Landscaping, Rear Yard
  • Lot Size Acres: 0.25
  • Lot Dimensions: 50 x 226.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10958.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 7702.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 8570.00
  • Assessor Parcel Number: 334-20.10-4.02
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Riparian Lease

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 $8,889 $84,100 $13,250 $70,850
2024 $4,464 $84,100 $13,250 $70,850
2023 $4,460 $84,100 $13,250 $70,850
2022 $4,316 $84,100 $13,250 $70,850
2021 $4,279 $84,100 $13,250 $70,850
2020 $3,948 $84,100 $13,250 $70,850
2019 $4,250 $84,100 $13,250 $70,850
2018 $3,693 $84,100 $0 $0
2017 $3,537 $84,100 $0 $0
2016 $3,395 $84,100 $0 $0
2015 $3,245 $84,100 $0 $0
2014 -- $84,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2025 09/16/25 For Sale $5,995,000 +6.1% $1,301 / Sq Ft
08/23/2022 08/23/22 Sold $5,650,000 0.0% $1,226 / Sq Ft View Prior Sale
06/05/2022 06/05/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $5,650,000 -- $1,226 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $5,650,000 Hudson Jones Jaywork & Fisher
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,650,000 New Conventional
Source: Public Records

About the Listing Agent

Shaun Tull

Jack Lingo - Rehoboth

(302) 618-3580

Section Image

Shaun has worked for Jack Lingo Inc – Realtor since 2003 and has closed more than $2 billion in real estate sales in his career. Leveraging his extensive experience and real time insights into market dynamics and buyer sentiment, he advises on product design and the marketing programs for JLAM assets.

Shaun is an Associate Broker at Jack Lingo Inc – Realtor and manages a talented team of agents with a strong focus on the coastal Delaware resort markets. He is a native of Delaware and

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Source: Bright MLS

MLS Number: DESU2095866

Bright MLS

APN: 334-20.10-4.02