$2,599,000
COMING SOON AUG 22, 2025

38520 Pine Ln Unit 2 Rehoboth Beach, DE 19971

Estimated payment $14,940/month

Total Views 321
3 Beds
4.5 Baths
3,342 Sq Ft
$500/mo HOA Fee

Highlights

  • Very Popular Property
  • 63 Feet of Waterfront
  • Lake View
  • Rehoboth Elementary School Rated A
  • Fishing Allowed
  • Open Floorplan

About This Home

Nestled in the heart of Rehoboth Beach, this luxurious lakefront town home offers an exceptional blend of elegance, comfort, and coastal charm. Designed with an inverted floor plan to maximize views and living space, the home welcomes you with a grand entrance on the ground floor, adorned with crown molding that leads into a spacious living room and serene lakefront patio. For added flexibility, this living room can easily transform into a fourth owner's suite by closing the discreet pocket doors. The second-floor features three beautifully appointed suites, each with private baths and balconies. The rear owner's suite is a true sanctuary, complete with a walk-in closet and access to a lakefront deck that spans the entire width of the home. A conveniently located laundry room adds to the thoughtful layout.
Ride the private elevator to the third floor, where an expansive open concept living area awaits. The gourmet island kitchen is a chef’s dream, outfitted with quartz countertops, GE Monogram appliances—including a gas cooktop, wall oven, food warmer, two dishwashers, built-in microwave, and commercial-grade hood. Adjacent to the kitchen, a wet barroom offers ample wine storage and counter space for crafting your favorite libations. The open living room is equally impressive, featuring a gas fireplace, vaulted ceilings, and skylights that flood the space with natural light. Folding glass doors open the entire rear wall to a screened porch, creating a seamless indoor-outdoor experience perfect for entertaining. During cooler months, clear vinyl panels convert the porch into a cozy three-season room, allowing you to enjoy breathtaking lake views all year long.
Located in Rehoboth Beach, this town home offers more than just a stunning residence—it provides access to tax-free shopping, acclaimed restaurants, the iconic boardwalk, and pristine beaches. Don’t miss your chance to own this exquisite waterfront retreat where luxury meets lifestyle.

Listing Agent

Robert McVey

Mann & Sons, Inc. License #RB0002936 Listed on: 08/07/2025

Co-Listing Agent

ROBERT MCVEY III

Mann & Sons, Inc. License #RS-0022347

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 2014

Lot Details

  • 63 Feet of Waterfront
  • North Facing Home
  • Extensive Hardscape
  • Partially Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Reverse Style Home
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,342 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Combination Kitchen and Living
  • Lake Views
  • Crawl Space
  • Monitored

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • No Personal Watercraft
  • Shared Waterfront
  • Multiple Balconies
  • Deck
  • Enclosed patio or porch
  • Rain Gutters

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Community Propane
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Coming Soon on 8/22/25
  • Assessor Parcel Number 334-20.10-7.00-2

Community Details

Recreation

  • Fishing Allowed

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,524

Year Built

Built in 2014

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Reverse, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 8/22/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2014
  • Building Winterized: No
  • Remarks Public: Nestled in the heart of Rehoboth Beach, this luxurious lakefront town home offers an exceptional blend of elegance, comfort, and coastal charm. Designed with an inverted floor plan to maximize views and living space, the home welcomes you with a grand entrance on the ground floor, adorned with crown molding that leads into a spacious living room and serene lakefront patio. For added flexibility, this living room can easily transform into a fourth owner's suite by closing the discreet pocket doors. The second-floor features three beautifully appointed suites, each with private baths and balconies. The rear owner's suite is a true sanctuary, complete with a walk-in closet and access to a lakefront deck that spans the entire width of the home. A conveniently located laundry room adds to the thoughtful layout. Ride the private elevator to the third floor, where an expansive open concept living area awaits. The gourmet island kitchen is a chef’s dream, outfitted with quartz countertops, GE Monogram appliances—including a gas cooktop, wall oven, food warmer, two dishwashers, built-in microwave, and commercial-grade hood. Adjacent to the kitchen, a wet barroom offers ample wine storage and counter space for crafting your favorite libations. The open living room is equally impressive, featuring a gas fireplace, vaulted ceilings, and skylights that flood the space with natural light. Folding glass doors open the entire rear wall to a screened porch, creating a seamless indoor-outdoor experience perfect for entertaining. During cooler months, clear vinyl panels convert the porch into a cozy three-season room, allowing you to enjoy breathtaking lake views all year long. Located in Rehoboth Beach, this town home offers more than just a stunning residence—it provides access to tax-free shopping, acclaimed restaurants, the iconic boardwalk, and pristine beaches. Don’t miss your chance to own this exquisite waterfront retreat where luxury meets lifestyle.
  • Special Features: ComingSoon
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Island, Kitchen - Eat-In, Pantry, Primary Bath(s), Skylight(s), Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors, Recessed Lighting
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Upper Floor, Washer In Unit
  • Total Sq Ft: 3342
  • Living Area Sq Ft: 3342
  • Price Per Sq Ft: 777.68
  • Above Grade Finished Sq Ft: 3342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38520

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Gutter System, Extensive Hardscape
  • Roof: Architectural Shingle
  • Spa: No
  • View: Lake
  • Water Access Features: Canoe/Kayak, Fishing Allowed, No Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Lake Comegys
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 63

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Metered
  • Heating Type: Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Security System, Smoke Detector, Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Propane - Community, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Partly Wooded
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Enclosed, Patio(s), Screened
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: MR
  • Zoning Description: Residential Use
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2296.00
  • Tax Annual Amount: 2524.00
  • Assessor Parcel Number: 334-20.10-7.00-2
  • Tax Total Finished Sq Ft: 447
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Shared

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 $2,842 $44,250 $0 $44,250
2023 $2,840 $44,250 $0 $44,250
2022 $2,752 $44,250 $0 $44,250
2021 $2,730 $44,250 $0 $44,250
2020 $2,721 $44,250 $0 $44,250
2019 $2,703 $44,250 $0 $44,250
2018 $2,248 $51,200 $0 $0
2017 $1,861 $44,250 $0 $0
2016 $1,796 $44,250 $0 $0
2015 $1,717 $44,250 $0 $0
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $250,000 None Available
Source: Public Records

Similar Home in Rehoboth Beach, DE

  • 5A Hickman St Unit C, Rehoboth Beach, DE 19971

    $2,150,000

    • 4 Beds
    • 3.5 Baths
    • 1,973 Sq Ft
    • 5A Hickman St
    • Unit C
    • Rehoboth Beach, DE

    Steps from the sand and in the heart of Rehoboth Beach, this exquisitely renovated 4-bedroom, 3.5-bath townhome offers the ultimate coastal lifestyle and it’s being sold furnished with only minor exclusions, making it truly move-in ready. Whether you’re looking for your own beach escape or a high-yield investment property with rental potential over $100K annually, this home delivers both comfort

    Vince DiPietro Northrop Realty

    Section Image
See All Homes in Rehoboth Beach

Source: Bright MLS

MLS Number: DESU2092490

Bright MLS

APN: 334-20.10-7.00-2

Delaware Sussex County Rehoboth Beach 19971

38520 Pine Ln Unit 2, Rehoboth Beach, DE

This home is located at 38520 Pine Ln Unit 2, Rehoboth Beach, DE 19971 and is currently priced at $2,599,000, approximately $777 per square foot. This property was built in 2014. 38520 Pine Ln Unit 2 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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.

Bright MLS 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 2025 Bright MLS, Inc.

Nearby Homes
Robert McVey
Listing Agent
Robert McVey
Section Image
Mann & Sons, Inc.
(302) 567-3926