$1,250,000
UNDER CONTRACT

38183 Terrace Rd Rehoboth Beach, DE 19971

Estimated payment $6,797/month

Total Views 9,099
3 Beds
2 Baths
1,400 Sq Ft
$893 Price per Sq Ft

Highlights

  • Very Popular Property
  • Home fronts navigable water
  • Public Beach
  • Rehoboth Elementary School Rated A
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

It's all about location! Welcome to 38183 Terrace Rd, Silver Lake Manor, Rehoboth Beach. Ideally located, this 3bd/2ba single family home offers an easy bike ride to Rehoboth or an easy walk into Dewey. The home features an open floorplan that's great for entertaining. The home has five French double glass entrance doors with transom windows that's provide brilliant sunshine that brightens the home's interior. Casement windows, recessed lighting, ceiling fans (8) in every room and both porches, gas fireplace, custom colors, together create a warm beachy feeling. Hardwood floors are throughout the 1st floor. The kitchen boasts stainless appliances, glass faced cabinets, ceiling fan and recessed lights. The bonus room behind the kitchen can be used as a dining room, office, great room and offers access through the double glass doors to the rear screened porch. The entire 2nd floor is carpet. Both of the full baths have tile floors and tile baths. The exterior of the home excites you with a very private back yard, mature trees, professional landscaping and off street parking. The two huge porches (18 x 13) both have 13.5' high vaulted ceilings and could easily be converted into additional living space creating additional sq' to the home. This is an excellent opportunity whether it's your primary beach home, investment rental or your 2nd beach home, this location offers easy access to all of the resorts activities.

Listing Agent

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 11/04/2025

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 2002

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 116.00
  • Home fronts navigable water
  • Public Beach
  • Wood Fence
  • Decorative Fence
  • Extensive Hardscape
  • Private Lot
  • Back and Side Yard
  • Property is zoned MR

Home Design

  • Coastal Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Screened Patio
  • Outbuilding
  • Rain Gutters

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-20.09-13.00

Community Details

Overview

  • No Home Owners Association
  • Silver Lake Manor Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: personal items
  • Inclusions: as viewed
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Dining Area, Floor Plan - Open, Kitchen - Galley
  • Window Features: Casement, Insulated, Energy Efficient, Sliding, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Double Entry, French
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Screened Porch
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 892.86
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Extensive Hardscape, Gutter System, Outbuilding(s)
  • Roof: Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Stone Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: CAPE HENLOPEN

Lot Info

  • Fencing: Wood, Decorative
  • Lot Features: Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 116.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2097.00
  • Tax Annual Amount: 2334.00
  • Assessor Parcel Number: 334-20.09-13.00
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Value Increase
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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
2025 $2,652 $22,250 $5,300 $16,950
2024 $1,415 $22,250 $5,300 $16,950
2023 $1,414 $22,250 $5,300 $16,950
2022 $1,376 $22,250 $5,300 $16,950
2021 $1,366 $22,250 $5,300 $16,950
2020 $1,362 $22,250 $5,300 $16,950
2019 $1,342 $22,250 $5,300 $16,950
2018 $977 $22,250 $0 $0
2017 $936 $22,250 $0 $0
2016 $924 $22,250 $0 $0
2015 $885 $22,250 $0 $0
2014 $879 $22,250 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $1,250,000 -- $893 / Sq Ft
Source: Bright MLS

About the Listing Agent

JOSEPH CHOMA

Berkshire Hathaway HomeServices PenFed Realty

(302) 297-7598

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Source: Bright MLS

MLS Number: DESU2099778

Bright MLS

APN: 334-20.09-13.00