$1,195,000
OPEN SAT 10AM - 12PM

37430 5th St Rehoboth Beach, DE 19971

Estimated payment $6,388/month

Total Views 11,389
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

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

Terry Stinson

(302) 727-6200 terrystinson@kw.com Keller Williams Realty License #0026176 Listed on: 08/30/2025

Keller Williams Realty

Open House Schedule

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mid-Century Modern, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Exclusions: Fountains, yard sculpture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Remarks Public: 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.
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Corner, Brick, Flue For Stove, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37430

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • View: Canal, Bay, Panoramic, Scenic Vista, Trees/Woods, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 175

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Rip-Rapped
  • Lot Size Acres: 0.25
  • Lot Dimensions: 125.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 334-19.16-113.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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
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
Source: Public Records

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 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $550,000 --
Deed $550,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 No Value Available
Closed $200,000 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: DESU2095750

Bright MLS

APN: 334-19.16-113.00