$354,900

500 Cascade Ln Unit 522 Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated payment $2,316/month

Total Views 64,098
2 Beds
2 Baths
1,038 Sq Ft
$342 Price per Sq Ft

Highlights

  • Penthouse
  • Open Floorplan
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Furnished

About This Home

Experience coastal living at its best in this well-priced furnished Penthouse condo located in the peaceful community of Creekwood, ideally situated East of Route 1 between Rehoboth and Lewes Beaches. Just minutes from downtown Rehoboth Beach, fine dining, tax-free outlet shopping, Cape Henlopen State Park, the boardwalk, Junction & Breakwater Trail, and countless coastal attractions, this location offers both convenience and lifestyle. This well-maintained 2-bedroom, 2-bath residence features bamboo wood flooring throughout the main living areas and soft carpeting in both bedrooms, adding warmth and comfort for relaxed coastal mornings. The bright and open floor plan is perfect for everyday living and entertaining, offering a seamless flow between the living room, dining area, and kitchen. Enjoy preparing everything from casual lunches to evening dinners in the spacious kitchen featuring ample cabinetry, a pantry for extra storage, and generous counter space. The spacious primary suite offers a walk-in closet, private en-suite bath, and walk-in shower for added comfort and convenience. A second bedroom and full bath provide comfortable accommodations for guests and family alike. Recent improvements include a new roof, new windows, new vinyl front door, new electric stove, new dishwasher, and new hot water heater, providing added value and peace of mind. Relax with your morning coffee or evening cocktail on the private screened porch — the perfect place to unwind after a day at the beach. Additional features include in-unit laundry, community pool access, and excellent rental potential. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, this Penthouse condo offers the perfect combination of location, comfort, and coastal charm. Schedule your private showing today.

Listing Agent

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth Brokerage Phone: 3022273883 License #RA0001681 Listed on: 02/13/2025

Jack Lingo - Rehoboth

Co-Listing Agent

Randy Mason

(302) 227-3883 randy@jacklingo.com Jack Lingo - Rehoboth Brokerage Phone: 3022273883 License #RA-0003542

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $647

Year Built

  • Built in 2002

Lot Details

  • Property is in very good condition

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Coastal Architecture
  • Entry on the 3rd floor
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-522

Community Details

Overview

  • $1,200 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, snow removal, trash
  • Low-Rise Community
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$647

Year Built

Built in 2002

Lot Details

4,922 Sq Ft Lot

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All furniture as seen.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2/13/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2002
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1038
  • Living Area Sq Ft: 1038
  • Price Per Sq Ft: 341.91
  • Above Grade Finished Sq Ft: 1038
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1035.82
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1200.00

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Property Condition: Very Good
  • Zoning: PLANNED COMMUNITY
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 581.55
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 647.12
  • Assessor Parcel Number: 334-13.00-3.01-522
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $647 $12,450 $0 $12,450
2024 $648 $12,450 $0 $12,450
2023 $648 $12,450 $0 $12,450
2022 $625 $12,450 $0 $12,450
2021 $619 $12,450 $0 $12,450
2020 $617 $12,450 $0 $12,450
2019 $618 $12,450 $0 $12,450
2018 $577 $13,150 $0 $0
2017 $553 $13,150 $0 $0
2016 $525 $13,150 $0 $0
2015 $502 $13,150 $0 $0
2014 $498 $13,150 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/04/2026 06/04/26 Price Changed $354,900 -1.4% $342 / Sq Ft
02/13/2025 02/13/25 For Sale $359,900 -- $347 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $170,200 --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2078480

Bright MLS

APN: 334-13.00-3.01-522

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