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Explore Similar Apartments Within 10 Miles of Rehoboth Beach, DE

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    $499,999

    • Studio

    31851 Koenig Ln, Ocean View, DE 19970

    3 homes that are separately metered on a large lot just shy of 2 acres. This property is a great opportunity for a rental, your dream home, or vacation property just minutes away from the beach. This could be perfect for an airbnb getaway.Live in one, rent out the other two or rent all three either weekly or annually for an income generating machine.Bring your imagination as the

    Julian Washington ARE PROS.

    31851 Koenig Ln, Ocean View, DE 19970

Why Live in Rehoboth Beach

Rehoboth Beach, known as "The Nation's Summer Capital," is a vibrant coastal neighborhood along the Delaware coast. With a permanent population of around 1,100, it has evolved from a resort town to a lively year-round retreat. The area attracts over 5 million visitors annually, drawn by its ocean breezes, historic charm, and refined dining scene. Rehoboth Avenue serves as the downtown commercial district, lined with shops, restaurants, and entertainment options, culminating in a mile-long boardwalk with food stalls, beach shops, hotels, arcades, and Funland amusement park. The beachfront welcomes sunbathers, beachcombers, and anglers, while boating enthusiasts enjoy the Atlantic and Delaware Bay. Green spaces like Grove Park host farmers markets and community events, and nearby Silver Lake and Lake Gerar Park offer walking trails and picnic areas. Cape Henlopen State Park and Delaware Seashore State Park provide extensive recreational options. Housing styles range from historic cottages and bungalows to modern luxury designs, with many properties sitting on ground level. The neighborhood boasts low crime risk areas, safer than the national average. The culinary scene includes over 100 eateries, from upscale dining to boardwalk treats, and the area is known for its LGBTQ-plus friendly nightlife. Tanger Outlets and big-box stores are located along Delaware State Route 1. Highly rated schools include Cape Henlopen High School, Rehoboth Elementary School, and Beacon Middle School. Commutes are facilitated by DART Transit and Delaware State Route 1, with Beebe Healthcare less than 10 miles away. Coastal living does come with concerns like occasional hurricanes and nor'easters, requiring homeowners to check floodplain maps and insure their properties.

Home Trends in Rehoboth Beach, DE

Housing Trends

Median Sale Price
$799,450
Median Single Family Sale Price
$1,122,575
Median Townhouse Sale Price
$649,999
Median 2 Bedroom Sale Price
$442,500
Median 1 Bedroom Sale Price
$495,000
Average Price Per Sq Ft
$474
Number of Homes for Sale
165
Last 12 months Home Sales
452
Months of Supply
4.40
Median List Price
$791,775
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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