$1,150,000
$100K PRICE DROP

4 S Lake Terrace Rehoboth Beach, DE 19971

Estimated payment $6,440/month

Total Views 26,171
5 Beds
2.5 Baths
3,115 Sq Ft
$369 Price per Sq Ft

Highlights

  • Fitness Center
  • 0.51 Acre Lot
  • Deck
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Traditional Floor Plan

About This Home

Classic coastal luxury in the sought-after community of The Glade! Drive through the entrance and past the pond bordered with beautiful landscaping to find this well-maintained 5-bedroom, 2.5-bath home just a short distance away. As you pull into the driveway, you’re greeted by lush, mature landscaping that hints at the peace and privacy waiting for you. The two-car garage includes a dog shower, utility sink, and plenty of space to store cars, bikes, lawn equipment, and beach gear. Beautiful hardwood floors run throughout the first floor, including the dining room, living spaces, and kitchen. Large windows are well-positioned to allow natural light to stream through, and a wood-burning fireplace adds a cozy touch for those cool winter nights! The kitchen is a chef’s dream with gorgeous wooden cabinets, stainless steel appliances, and a breakfast bar for in-kitchen dining. A wet bar and spacious kitchen pantry add necessary storage space, and the tasteful tile detail brings the backsplash to life! A peak-through window, surrounded by cabinets, allows conversation to flow between the kitchen and living spaces. Beautiful sliding glass doors off the kitchen provide easy access to a deck that leads to the relaxing backyard space. You can also access the backyard by way of the large screened porch, which is the perfect place to enjoy a cup of coffee on a bright summer morning or host a large gathering of your closest family and friends! The first floor is also home to the primary suite with an ensuite bathroom, a large walk-in closet, and access to its own screened-in porch. Upstairs, you’ll find 4 additional bedrooms, a full bathroom, and plumbing for an additional third full bathroom. This timeless home offers 3,115 square feet of luxurious living on a half-acre corner lot that backs to woodland property owned by Delaware State Park. This land is set to never be developed according to the state’s mission to buffer the Rehoboth Lewes Canal and the Holland Glade to the East, which means you can enjoy this peaceful lot forever! Located East of Route 1 and close to Gordons Pond and Downtown Rehoboth Beach, The Glade is a well-maintained and tight-knit community that features a community clubhouse, fitness center, and outdoor pool. Tennis and pickleball courts are set to be constructed soon, too!* subject to change. Situated on a quiet cul-de-sac of only 9 homes, 4 South Lake Terrace offers so much privacy in an ideal location! Do you want to live in this coastal retreat? Schedule a private showing today!

Listing Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 05/16/2025

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1999

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 120.00 x 185.00
  • Landscaped
  • Property is zoned AR-1

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,115 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • French Doors
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-07.00-301.00

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, road maintenance
  • $1,000 Other One-Time Fees
  • The Glade Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,598

Year Built

Built in 1999

Lot Details

0

HOA Fees

$173 per month

Parking

2

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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/23/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Cooktop, Oven - Single
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank, Carpet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Crown Moldings, Floor Plan - Traditional, Wood Floors, Carpet, Dining Area, Formal/Separate Dining Room, Pantry
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3115
  • Living Area Sq Ft: 3115
  • Price Per Sq Ft: 369.18
  • Above Grade Finished Sq Ft: 3115
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 520.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Fitness Center, Pool - Outdoor, Racquet Ball, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.51
  • Lot Dimensions: 120.00 x 185.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22200.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2363.00
  • Tax Annual Amount: 2598.00
  • Assessor Parcel Number: 334-07.00-301.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,025 $52,700 $9,000 $43,700
2024 $2,098 $52,700 $9,000 $43,700
2023 $2,095 $52,700 $9,000 $43,700
2022 $2,005 $52,700 $9,000 $43,700
2021 $2,082 $52,700 $9,000 $43,700
2020 $2,474 $52,700 $9,000 $43,700
2019 $2,478 $52,700 $9,000 $43,700
2018 $2,314 $52,700 $0 $0
2017 $2,216 $52,700 $0 $0
2016 $2,105 $52,700 $0 $0
2015 $2,012 $52,700 $0 $0
2014 $1,997 $52,700 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Price Changed $1,150,000 -4.2% $369 / Sq Ft
07/15/2025 07/15/25 Price Changed $1,200,000 -4.0% $385 / Sq Ft
05/16/2025 05/16/25 For Sale $1,250,000 -- $401 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2086388

Bright MLS

APN: 334-07.00-301.00