40 Bay Reach Rehoboth Beach, DE 19971
Estimated payment $10,263/month
Total Views
11,419
5
Beds
4
Baths
3,178
Sq Ft
$598
Price per Sq Ft
Highlights
- Gourmet Kitchen
- Open Floorplan
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Coastal Architecture
- 1 Fireplace
About This Home
Welcome to 40 Bay Reach in the laid-back and secluded community of Pine Bay, Rehoboth Beach, Delaware. Built in 2023, this Craftsman-style home is all about easy living with a touch of class, perfect whether you're entertaining a crowd or simply kicking back in style. Plus, it's just an easy walk or bike ride to the beach, making leisure and relaxation a seamless part of everyday living.
With 3,178 square feet of living space, there's plenty of room for everyone. Featuring 5 comfy bedrooms and 4 bathrooms, you'll never be short on space. The main floor is a dream with a spacious kitchen that's perfect for cooking up a storm while chatting at the island. The great room, with its high ceilings and cozy fireplace, is the ultimate spot for relaxing or hosting friends. Need a quiet spot for work? The home office off the main entry foyer is perfect for catching up on emails or jumping on a video call.
The first-floor master suite is your personal retreat, complete with a luxurious bath. There's also a handy guest bedroom, a study for those quiet moments, and a mudroom for all your gear. Upstairs, you'll find another master suite, plus two more bedrooms and a full bath, making it easy for everyone to have their own space.
Outside, the home sits on a generous 12,632 square foot lot. You'll love the four porches, two of which are screened, offering a perfect spot to enjoy the outdoors year-round. Plus, with a spacious 3-car garage and an outdoor shower, everything you need is right at your fingertips.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,329
Year Built
- Built in 2023
Lot Details
- 0.29 Acre Lot
- Property is zoned MR
HOA Fees
- $124 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 5 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Slab Foundation
- Stick Built Home
Interior Spaces
- 3,178 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Partially Furnished
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Mud Room
- Great Room
- Combination Kitchen and Dining Room
- Den
- Screened Porch
Kitchen
- Gourmet Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Walk-in Shower
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-20.00-90.00
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal
- Pine Bay HOA
- Pine Bay Subdivision
Recreation
- Community Pool
Map
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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 |
|---|---|---|---|---|
| 2025 | $3,805 | $7,500 | $7,500 | $0 |
| 2024 | $2,647 | $7,500 | $7,500 | $0 |
| 2023 | $2,645 | $7,500 | $7,500 | $0 |
| 2022 | $675 | $7,500 | $7,500 | $0 |
| 2021 | $672 | $7,500 | $7,500 | $0 |
| 2020 | $670 | $7,500 | $7,500 | $0 |
| 2019 | $649 | $7,500 | $7,500 | $0 |
| 2018 | $329 | $7,500 | $0 | $0 |
| 2017 | $315 | $7,500 | $0 | $0 |
| 2016 | $321 | $7,500 | $0 | $0 |
| 2015 | $307 | $7,500 | $0 | $0 |
| 2014 | $305 | $7,500 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $1,900,000 | +10.1% | $598 / Sq Ft | |
| 04/05/2023 04/05/23 | Sold | $1,725,000 | -6.7% | $543 / Sq Ft | View Prior Sale |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- | |
| 01/12/2023 01/12/23 | For Sale | $1,849,000 | 0.0% | $582 / Sq Ft | |
| 01/11/2023 01/11/23 | Price Changed | $1,849,000 | +2.8% | $582 / Sq Ft | |
| 01/11/2023 01/11/23 | Price Changed | $1,799,000 | +181.1% | $566 / Sq Ft | |
| 06/15/2022 06/15/22 | Sold | $640,000 | -1.5% | -- | View Prior Sale |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- | |
| 04/04/2022 04/04/22 | For Sale | $650,000 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,725,000 | None Listed On Document | |
| Deed | $640,000 | Scott And Shuman Pa | |
| Deed | -- | -- |
Source: Public Records
About the Listing Agent
Before diving into the world of residential real estate, I spent nearly three decades in senior roles at some of the biggest law firms in the United States. My journey began in the realm of law firm technology, which aligned nicely with my computer science degree from St. John's University in New York.
Over time, my responsibilities grew to cover various aspects like managing finances, analyzing business operations, reducing risks, ensuring compliance, and handling commercial real estate
Paul's Other Listings
Source: Bright MLS
MLS Number: DESU2091902
APN: 334-20.00-90.00
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