$2,150,000
PENDING

516 E Cape Shores Dr Lewes, DE 19958

Estimated payment $11,882/month

Total Views 587
4 Beds
3.5 Baths
2,939 Sq Ft
$732 Price per Sq Ft

Highlights

  • Beach
  • Pier or Dock
  • Bay View
  • Lewes Elementary School Rated A
  • Water Oriented
  • Gourmet Kitchen

About This Home

COASTAL LUXURY IN CAPE SHORES! Experience coastal living at its finest with this stunning Cape Shores retreat, offering panoramic views of the Bay and Cape Henlopen State Park. Situated on a premium lot adjacent to protected parklands, this home captures an abundance of natural light through an open, inviting floor plan. Just steps from the beach, the top-level living space is an entertainer's dream, featuring a gourmet kitchen, a private home office, and a spacious living room centered around a gas fireplace with custom built-ins. Step outside to enjoy the morning sun on the back deck or take in the breeze from two front-facing balconies. For ultimate convenience, take the private elevator to the second level, where you’ll find a luxurious primary suite complete with a covered porch, a custom walk-in closet, and a spa-like en-suite bath featuring a restorative oxygen soaking tub. Three additional guest rooms and two full baths ensure plenty of space for family and friends. The first level adds even more versatility with a bonus den, two generously sized garage bays, and ample storage for all your beach essentials. Whether you are hosting sunset happy hours on the top deck or enjoying the community’s premier amenities, including an outdoor pool, tennis courts, and a private fishing pier, this home offers the perfect balance of relaxation and recreation. With incredible rental potential and a location that can't be beat, this is your chance to own the ultimate coastal getaway. Schedule your personal tour today!

Listing Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty Brokerage Phone: 3026456661 License #RA-0002064 Listed on: 01/16/2026

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 1994 | Remodeled in 2016

Lot Details

  • 6,080 Sq Ft Lot
  • Lot Dimensions are 64.00 x 95.00 x 64.00 x 95.00
  • Property fronts the bay but unit may not have water views
  • Land Lease expires in 65 years
  • Property is zoned TN

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • Bay
  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Multiple Balconies
  • Deck
  • Patio
  • Porch

Location

  • Flood Risk
  • Property is near park

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Wall Furnace
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 335-05.00-63.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), road maintenance
  • $250 Other One-Time Fees
  • Cape Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

Built in 1994 | Remodeled in 2016

Lot Details

6,080 Sq Ft Lot

HOA Fees

$417 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • Inclusions: Under the counter mini refrigerator in the office.
  • New Construction: No
  • Story List: Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Extra Refrigerator/Freezer, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Elevator
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Pilings, Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Foyer, Laundry, Office, Storage Room, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3491
  • Living Area Sq Ft: 2939
  • Price Per Sq Ft: 731.54
  • Above Grade Finished Sq Ft: 2939
  • Above Grade Unfinished Sq Ft: 552
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Panoramic, Scenic Vista, Trees/Woods
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split, Zoned
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup, Wall Unit, Zoned
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 5000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pier/Dock, Pool - Outdoor, Tennis Courts, Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 65
  • Lot Features: Backs - Parkland
  • Lot Size Acres: 0.14
  • Lot Dimensions: 64.00 x 95.00 x 64.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6080.00
  • Outdoor Living Structures: Deck(s), Patio(s), Balconies- Multiple, Porch(es)
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3201.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4673.00
  • Assessor Parcel Number: 335-05.00-63.00
  • Tax Lot: 82
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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 $3,062 $44,650 $11,200 $33,450
2024 $1,701 $44,650 $11,200 $33,450
2023 $1,699 $44,650 $11,200 $33,450
2022 $1,622 $44,650 $11,200 $33,450
2021 $1,703 $44,650 $11,200 $33,450
2020 $1,696 $44,650 $11,200 $33,450
2019 $1,699 $44,650 $11,200 $33,450
2018 $1,561 $44,650 $0 $0
2017 $1,478 $44,650 $0 $0
2016 $1,284 $44,650 $0 $0
2015 $1,050 $44,650 $0 $0
2014 $1,038 $40,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 Pending -- -- --
01/16/2026 01/16/26 For Sale $2,150,000 -- $732 / Sq Ft
Source: Bright MLS

Purchase History

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

Source: Bright MLS

MLS Number: DESU2101498

Bright MLS

APN: 335-05.00-63.00

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