3 Laurel St Rehoboth Beach, DE 19971
Rehoboth Beach AreaEstimated payment $22,646/month
Highlights
- Ocean View
- Water Oriented
- Cape Cod Architecture
- In Ground Pool
- Building is oceanfront but unit may not have water views
- Cathedral Ceiling
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 $235,000+ 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 License #RS-0021096 Listed on: 08/12/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,135
Year Built
- Built in 2024
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Building is oceanfront but unit may not have water views
- Vinyl Fence
Parking
- 2 Parking Spaces
Home Design
- Cape Cod Architecture
- Shingle Siding
- Stone Siding
- Vinyl Siding
- Stick Built Home
- Tile
Interior Spaces
- 2,500 Sq Ft Home
- Property has 2.5 Levels
- Cathedral Ceiling
- Gas Fireplace
- Ocean Views
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
Outdoor Features
- In Ground Pool
- Water Oriented
- Property is near an ocean
Utilities
- Central Air
- Heat Pump System
- Tankless Water Heater
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.18-95.01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2026 08/12/26 | For Sale | $4,095,000 | +140.9% | $1,638 / 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,800,000 | Credit Line Revolving | |
| Closed | $2,800,000 | New Conventional | |
| Previous Owner | $285,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Bright MLS
MLS Number: DESU2118150
APN: 334-14.18-95.01
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