$559,000

20852 Spring Lake Dr Unit 405 Rehoboth Beach, DE 19971

Estimated payment $3,540/month

2 Beds
2 Baths
1,000 Sq Ft
$559 Price per Sq Ft

Highlights

  • Water Oriented
  • Community Lake
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Community Pool

About This Home

Nestled in the serene Spring Lake community, this charming 2-bedroom, 2-bathroom condo offers a perfect blend of comfort and convenience. This contemporary unit features luxury vinyl plank flooring that flows seamlessly throughout, creating a warm and inviting atmosphere. The spacious combination dining and living area is enhanced by recessed lighting and ceiling fans, making it an ideal space for relaxation or entertaining. Spacious Waterview Deck with access from the Living Room and Dining Room. The well-appointed kitchen boasts modern appliances, including a built-in microwave, electric oven/range, and dishwasher, ensuring meal prep is a breeze. Enjoy the convenience of in-unit laundry with a stacked washer and dryer, located on the main floor for easy access. There is also a deck space accessed by sliding Doors from the Main Floor Bedroom. Step outside to discover multiple balconies that provide a peaceful retreat, perfect for sipping morning coffee or unwinding after a long day. The community amenities are truly a highlight, featuring a sparkling outdoor pool and access to the picturesque lakes, perfect for leisurely strolls or picnics by the water. With assigned parking and maintenance included in the association fee, you can enjoy a hassle-free lifestyle. Located near Dewey Beach and all of the fun you can handle with many restaurants and beach areas close by. This home offers the perfect balance of tranquility and accessibility. Experience the charm of Spring Lake living-your new home awaits!

Listing Agent

Lana Warfield Warfield

(302) 236-2430 lcwarfield@hotmail.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 11/21/2025

Berkshire Hathaway HomeServices PenFed Realty

Co-Listing Agent

Torianne Weiss Hamstead

(302) 242-8378 tori@newhomesindelaware.net Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $912

Year Built

  • Built in 1985

Lot Details

  • Property is in very good condition

HOA Fees

  • $512 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Multiple Balconies

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-20.00-1.00-405

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Spring Lake Subdivision
  • Property Manager
  • Community Lake

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$912

Year Built

Built in 1985

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Laundry, Bathroom 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 559.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1535.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Lake, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 820.00
  • Tax Annual Amount: 912.00
  • Assessor Parcel Number: 334-20.00-1.00-405
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: Cape Henlopen

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $1,231 $20,750 $0 $20,750
2024 $1,516 $20,750 $0 $20,750
2023 $1,515 $20,750 $0 $20,750
2022 $1,474 $20,750 $0 $20,750
2021 $1,463 $20,750 $0 $20,750
2020 $1,458 $20,750 $0 $20,750
2019 $1,439 $20,750 $0 $20,750
2018 $1,067 $24,300 $0 $0
2017 $1,022 $24,300 $0 $0
2016 $979 $24,300 $0 $0
2015 $936 $24,300 $0 $0
2014 $929 $24,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $559,000 -- $559 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Available
Deed $119,000 --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2100836

Bright MLS

APN: 334-20.00-1.00-405