3 Laurel St Rehoboth Beach, DE 19971
Estimated payment $22,896/month
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
Whether you're an investor looking for a Rental Machine or looking for your personal ocean block oasis 3 Laurel Street will deliver! Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. Currently being used as rental property, the home has grossed over $200,000 the last 2 rental seasons and is already at $230,000+ for 2026 with peak weeks renting for $15,000! The furnishings and tvs are negotiable making this property perfect for investors looking for a turn key income producing property. Close before summer and collective the income at closing! This home is much more than just a rental property and checks all of the boxes for buyers who are looking for a luxury home with incredible ocean views and a short walk to all of the attractions Rehoboth Beach has to offer. 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.
Listing Agent
(302) 227-3883 jgeyer05@gmail.com Jack Lingo - Rehoboth Brokerage Phone: 3022273883 Listed on: 05/28/2025
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
- Cathedral Ceiling
- 1 Fireplace
- Ocean Views
- Laundry Room
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
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 |
|---|---|---|---|---|
| 2025 | $4,760 | $16,600 | $12,500 | $4,100 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2026 01/16/26 | Price Changed | $4,295,000 | -2.4% | $1,718 / Sq Ft | |
| 10/07/2025 10/07/25 | Price Changed | $4,399,000 | -2.2% | $1,760 / Sq Ft | |
| 09/10/2025 09/10/25 | Price Changed | $4,499,000 | -2.2% | $1,800 / Sq Ft | |
| 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% | -- | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,800,000 | New Conventional |
Source: Bright MLS
MLS Number: DESU2087390
APN: 334-14.18-95.01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
- 307 South Boardwalk Unit 605
- 307 S Boardwalk Unit 510
- 4 Laurel St Unit 219B
- 16 Delaware Ave
- 28 Delaware Ave
- 505 King Charles Ave
- 705 South Boardwalk
- 118 Philadelphia St
- 50 Wilmington Ave Unit 103
- 303 Bayard Ave
- 200 Laurel St
- 701 Bayard Ave
- 45 Baltimore Ave
- 29 Maryland Ave Unit 101
- 209 New Castle St
- 8 Olive Ave Unit 111
- 200 Norfolk St
- 805 Bayard Ave
- 49 Maryland Ave Unit A
- 58 Maryland Ave Unit 5
- 31 6th St Unit B
- 20902 South Ave
- 20527 Washington St Unit Garrage Carriage House
- 112 Houston St Unit B
- 360 Bay Reach
- 3300 Sanibel Cir Unit 3301
- 20327 Mallory Ct
- 102 London Cir S
- 10 Wellington Place
- 36519 Palm Dr Unit 4103
- 21440 Bald Eagle Rd Unit Carriage House
- 36400 Warwick Dr
- 3 Good Hope Ct
- 2094 Fieldcrest Dr Unit House
- 35948 Haven Dr Unit 201
- 400 Cascade Ln Unit 405
- 21235 Catalina Cir Unit A-38
- 107 Strawberry Way
- 35753 Carmel Terrace Unit C34
- 32015 Azure Ave
Ask me questions while you tour the home.