37430 5th St Rehoboth Beach, DE 19971
Estimated payment $6,388/month
Highlights
- 175 Feet of Waterfront
- Bay View
- Vaulted Ceiling
- Rehoboth Elementary School Rated A
- Midcentury Modern Architecture
- Corner Lot
About This Home
Location, location, location! Currently one of the only homes available in highly desirable Bay Vista, this waterfront bungalow is truly an original mid-century modern gem. Built in 1960 as a 2BR/1BA summer cottage, an addition was later added adjacent to a trellis covered patio providing a 1BR/1BA primary or guest suite. Nestled just minutes away from downtown Rehoboth’s many shops, restaurants, beaches and boardwalk, the location is close to town yet tucked away in a private waterfront oasis. The original owner’s boat hoist is still present allowing you to launch right from your yard. Kayak, paddleboard or boat all the way to Rehoboth Bay and the Atlantic, returning home to one of three private boat docks. This is a one-of-a-kind waterfront location with unparalleled access to all that Rehoboth Beach has to offer. Positioned on a rare corner lot, this property boasts forever views overlooking Thompson Island and Rehoboth Bay, offering a picturesque backdrop you won't find anywhere else. Step into the vaulted ceiling living space featuring beautiful, exposed beams and wooden accents that evoke warmth and character. The spacious screened-in porch provides the perfect spot for al fresco dining while you enjoy scenic views of the canal, surrounded by lush greenery. From morning coffee with the sunrise over the bay to tranquil evenings filled with the sounds of nature, every moment spent here feels like an indulgence. Use the property as-is, build on top of existing structure and footings, or build your unique waterfront dream home. Enjoy evenings relaxing in the outdoor space with its comfortable seating or take in the views from the dock by the water's edge. The lot's mature trees provide both beauty and privacy—your own private getaway with no HOA or rental restrictions.
Bay Vista is just moments away from the best that Rehoboth Beach has to offer—beautiful beaches, vibrant boardwalk, world-class dining, and charming local shops. Yet, while everything is within easy reach, this property offers a sense of peaceful seclusion that's increasingly hard to find. The private canal-side setting offers easy access to nearby bays, with breathtaking views of the natural beauty of the Delaware shoreline filled with native birds, abundant wildlife and forever views. This is more than just a home—it's an opportunity to immerse yourself in a lifestyle where every day feels like a retreat. Owner is a licensed Realtor.
Listing Agent
(302) 727-6200 terrystinson@kw.com Keller Williams Realty License #0026176 Listed on: 08/30/2025

Open House Schedule
-
Saturday, September 20, 202510:00 am to 12:00 pm9/20/2025 10:00:00 AM +00:009/20/2025 12:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $936
Year Built
- Built in 1960
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 125.00 x 101.00
- 175 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- Corner Lot
Property Views
- Bay
- Panoramic
- Scenic Vista
- Woods
- Canal
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Slab Foundation
Interior Spaces
- Property has 1 Level
- Furnished
- Vaulted Ceiling
- Corner Fireplace
- Flue
- Brick Fireplace
- Gas Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Outdoor Features
- Water Access
- Property is near a canal
- Rip-Rap
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Electric Water Heater
Additional Features
- No Interior Steps
- Flood Risk
Community Details
- No Home Owners Association
- Bay Vista Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-19.16-113.00
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 |
---|---|---|---|---|
2024 | $936 | $19,000 | $9,400 | $9,600 |
2023 | $936 | $19,000 | $9,400 | $9,600 |
2022 | $903 | $19,000 | $9,400 | $9,600 |
2021 | $895 | $19,000 | $9,400 | $9,600 |
2020 | $892 | $19,000 | $9,400 | $9,600 |
2019 | $893 | $19,000 | $9,400 | $9,600 |
2018 | $834 | $19,000 | $0 | $0 |
2017 | $799 | $19,000 | $0 | $0 |
2016 | $759 | $19,000 | $0 | $0 |
2015 | $678 | $17,750 | $0 | $0 |
2014 | $673 | $17,750 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/17/2025 09/17/25 | Price Changed | $1,195,000 | -4.4% | -- |
08/15/2025 08/15/25 | For Sale | $1,250,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $550,000 | -- | |
Deed | $550,000 | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $200,000 | No Value Available | |
Closed | $200,000 | No Value Available |
Source: Bright MLS
MLS Number: DESU2095750

APN: 334-19.16-113.00
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