NOT LISTED FOR SALE

TBD E Lake Dr Rehoboth Beach, DE 19971

0.43 Acre
-- Price per Acre
18,731 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $6,900,000

58 Days on Market

Highlights

  • Ocean Front
  • Access to Tidal Water
  • No HOA
  • Rehoboth Elementary School Rated A

About This Lot

As of January 2021

Oceanfront at its very best! Just under a half acre building lot fronting both the Atlantic Ocean and Silver Lake situated on East Lake Drive, the most desired location along the Delaware coast. Enjoy serene views while being just a short bike ride to the shops and restaurants that line Rehoboth Avenue. Rare opportunity.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/31/2020

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Jennifer Lamson

(703) 623-8200 jennifer.lamson@gmail.com Monument Sotheby's International Realty License #RS-0021142

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,000

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75x266x75x248
  • Ocean Front
  • Home fronts navigable water
  • Property is zoned MR

Property Views

  • Ocean
  • Lake

Location

  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number TO BE SUBDIVIDED FROM 334-20.06-112.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$4,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Oceanfront at its very best! Just under a half acre building lot fronting both the Atlantic Ocean and Silver Lake situated on East Lake Drive, the most desired location along the Delaware coast. Enjoy serene views while being just a short bike ride to the shops and restaurants that line Rehoboth Avenue. Rare opportunity.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 371.50

Exterior Features

  • Construction Completed: No
  • View: Ocean, Lake
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.43
  • Lot Dimensions: 75x266x75x248
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18829.00
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 4000.00
  • Assessor Parcel Number: TO BE SUBDIVIDED FROM 334-20.06-112.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/15/2021

Multi Family

  • Federal Flood Zone: VE

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $6,900,000 -1.4% --
09/27/2020 09/27/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $6,995,000 +7.6% --
02/21/2020 02/21/20 Sold $6,500,000 -5.8% --
01/23/2020 01/23/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $6,900,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2021

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    184 in this area

    345 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2021

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    275 Total Sales

    Shaun Tull
    Section Image
  • Jennifer Lamson

    Buyer's Agent in 2021

    Jennifer Lamson

    OCEAN ATLANTIC SOTHEBYS

    (703) 623-8200

    7 in this area

    17 Total Sales

    Jennifer Lamson
    Section Image
  • Babs Morales

    Buyer's Agent in 2020

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    33 in this area

    50 Total Sales

    Babs Morales
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU165604

Bright MLS
Delaware Sussex County Rehoboth Beach 19971

TBD E Lake Dr, Rehoboth Beach, DE

This home is located at TBD E Lake Dr, Rehoboth Beach, DE 19971 since 31 July 2020. TBD E Lake Dr is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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