3 Laurel St Rehoboth Beach, DE 19971
Estimated payment $25,868/month
Total Views
126
5
Beds
5.5
Baths
2,500
Sq Ft
$1,840
Price per Sq Ft
Highlights
- Ocean View
- Private Pool
- Building is oceanfront but unit may not have water views
- Rehoboth Elementary School Rated A
- Water Oriented
- Coastal Architecture
About This Home
Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. This magnificent 2,500sqft beach house is only 150 feet from the beach and boardwalk with Ocean views from all rooms on the front of the house. Tons of outdoor space to take in the sights and sounds of Rehoboth Beach from the front porch, by the pool or the second floor deck. The spacious well thought out great room has incredible attention to detail such as exposed beams, stacked stone gas fireplace, and sustainable hardwood floors that carry throughout the entire house. The open floor plan is tied together perfectly with 10 ft ceilings, Pella windows and gorgeous craftsman trim everywhere you look.Cooking dinner for all of your guests will be a delight in the chef s kitchen with quartz counters, stainless steel Kitchen Aid appliances, 48 inch gas range and oversized French door refrigerator/freezer. All 5 of the spacious ensuite bedrooms feature tiled bathrooms with frameless glass showers. The third floor suite is embellished with exposed beams and a cathedral ceiling. This home truly has it all; a sunken laundry room, pantry closet, easy access to a conditioned crawl space, split system HVAC and 2 tankless hot water heaters. Exterior features include a paver front porch, backyard paver patio with pool, privacy fencing, outdoor shower, cedar impression siding and stone, composite decking, irrigation system and parking for 2 cars.This South Rehoboth masterpiece is only steps to the ocean, 4 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants. For investors, the location and high end features of this superb home will attract highly desirable rental clientele as well as generating rental income over $200,000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,504
Year Built
- Built in 2024
Lot Details
- 5,000 Sq Ft Lot
- Building is oceanfront but unit may not have water views
- Property is in excellent condition
- Property is zoned TN
Parking
- 2 Parking Spaces
Home Design
- Coastal Architecture
- Block Foundation
Interior Spaces
- 2,500 Sq Ft Home
- Property has 2.5 Levels
- 1 Fireplace
- Ocean Views
Bedrooms and Bathrooms
Outdoor Features
- Private Pool
- Water Oriented
- Property is near an ocean
Schools
- Cape Henlopen High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 334-14.18-95.01
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,395 | $16,600 | $12,500 | $4,100 |
| 2023 | $817 | $16,600 | $12,500 | $4,100 |
| 2022 | $789 | $16,600 | $12,500 | $4,100 |
| 2021 | $782 | $16,600 | $12,500 | $4,100 |
| 2020 | $779 | $16,600 | $12,500 | $4,100 |
| 2019 | $773 | $16,600 | $12,500 | $4,100 |
| 2018 | $729 | $16,600 | $0 | $0 |
| 2017 | $698 | $16,600 | $0 | $0 |
| 2016 | $663 | $16,600 | $0 | $0 |
| 2015 | $634 | $16,600 | $0 | $0 |
| 2014 | $629 | $16,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $4,599,000 | +170.5% | $1,840 / Sq Ft |
| 05/18/2023 05/18/23 | Sold | $1,700,000 | -5.3% | -- |
| 01/20/2023 01/20/23 | Pending | -- | -- | -- |
| 11/17/2022 11/17/22 | Price Changed | $1,795,000 | -5.3% | -- |
| 09/23/2022 09/23/22 | Price Changed | $1,895,000 | -5.0% | -- |
| 07/02/2022 07/02/22 | For Sale | $1,995,000 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,800,000 | New Conventional | |
| Previous Owner | $285,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2087390
APN: 334-14.18-95.01
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