$1,850,000

515 New Castle Street Extension Rehoboth Beach, DE 19971

Estimated payment $9,978/month

2 Beds
2 Baths
1,300 Sq Ft
$1,423 Price per Sq Ft

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Marble Flooring

About This Home

This boutique, coastal-chic residence, affectionately named "Cedar House" is the crafted outcome of a 2017 complete architectural reinvention from its original bones to its beautifully finished form today. Positioned in a prized location just 5 blocks to the ocean and approximately 10 minute walk to Rehoboth Avenue in a quiet, residential tree lined neighborhood.
Inside, the home’s airy open floor plan lives spaciously within its 1,300 square feet, reflecting an unparalleled attention to authenticity and detail. Upon entering, you’re greeted by the warmth of wide-plank heart-pine floors, tongue-and-groove wood walls, and reclaimed hand-hewn oak beams—materials that lend character and texture befitting a quintessential beach home. The living room features a coffered ceiling and a 19th-century fireplace mantle, creating a bespoke focal point.
The custom kitchen was designed with no expense spared: Dramatic 3-inch profile Carrara marble countertops and full marble blackspash, custom cabinetry, and built-in Thermador stainless-steel appliances. A whimsical circular interior window provides a delightful connection to the sun-drenched sunroom along the home’s western side.
Two private primary bedrooms with en-suite baths complete the main level; one suite’s bath also functions conveniently as a powder room.
The exterior highlights old-world craftsmanship, including natural cedar shake siding and roofing, oversized copper gutters and downspouts, large Marvin casement windows, and custom wood doors. Mature and meticulously maintained landscaping frames the entire property—including formal boxwood hedging, hydrangeas, magnolia and a raised-bed garden—while an authentic Belgian block driveway winds back to a distinguished carriage house garage. (Professionally designed renderings for a carriage house conversion with pool & gas fire pit addition are available from the seller.)
A perfect offering for the discerning, design-minded buyer, this residence stands apart from other homes available at this price point for its uncompromising craftsmanship, curated materials, refined coastal aesthetic, and highly coveted in-town Rehoboth Beach location. *NOTE: Property has dedicated well for lawn/ garden irrigation and electric car charger. *ALSO: Just over 1 block to the much loved local footbridge "Turtle Bridge" that traverses Silver Lake and short walk to the beach. (*Public designated pickleball & tennis courts just a block away, as well.)

Listing Agent

LISA NICOLETTI

(302) 228-1865 lisa.nicoletti@oasothebysrealty.com Monument Sotheby's International Realty License #RS-0015464 Listed on: 11/26/2025

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1974 | Remodeled in 2017

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Downtown Location
  • East Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking
  • Fenced Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Shake Roof
  • Wood Roof
  • Cedar

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Non-Functioning Fireplace
  • Casement Windows
  • French Doors
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Screened Porch
  • Garden Views
  • Attic

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Rear Basement Entry
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Wayne Hanby: Shoreline Construction
  • Schoolvue Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-19.08-125.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,849

Year Built

Built in 1974 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 11/28/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1974
  • Year Renovated: 2017
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater - Tankless
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors
  • Window Features: Energy Efficient, Casement
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2, Attic, Screened Porch
  • Basement: Yes
  • Basement Type: Walkout Stairs, Unfinished, Rear Entrance, Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 1870
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 1423.08
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Unfinished Sq Ft: 420
  • Below Grade Sq Ft: 150
  • Total Below Grade Sq Ft: 150
  • 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
  • Other Structures List: Garage(s)
  • Construction Materials: Cedar
  • Exterior Features: Outbuilding(s), Outside Shower, Secure Storage, Underground Lawn Sprinkler, Exterior Lighting, Gutter System
  • Road Surface Type: Black Top
  • Roof: Shake, Wood
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Brick Driveway, Fenced, Electric Vehicle Charging Station(s)
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Fencing: Privacy, Partially, Wood
  • Lot Features: Landscaping, Front Yard, Private, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Green Remarks: Property is outfitted with an electric car charger.

Building Info

  • Builder Name: Wayne Hanby: Shoreline Construction

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2062.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2849.00
  • Assessor Parcel Number: 334-19.08-125.00
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $1,850,000 -- $1,423 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2100656

Bright MLS