Rehoboth Beach, DE 19971,38180 TERRACE RD
Rehoboth Beach, DE 19971,38180 TERRACE RD
Rehoboth Beach, DE 19971,38180 TERRACE RD
Rehoboth Beach, DE 19971,38180 TERRACE RD
Rehoboth Beach, DE 19971,38180 TERRACE RD
Rehoboth Beach, DE 19971,38180 TERRACE RD
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$2,300,000

$2,550,000

9.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

4 Baths

1,600 SqFt


SOLD DATE : 11/06/2023

Key Details

Sold Price $2,300,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $1,437

Subdivision Silver Lake Manor

MLS Listing ID DESU2045668

Sold Date 11/06/23

Style Ranch/Rambler

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,600

Originating Board BRIGHT

Year Built 1974

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 100X118

Property Description

2 Lots just outside town limits just 2.5 blocks from the iconic Boardwalk and the shimmering Atlantic Ocean. build two homes and share the pool. , The existing Cottage is a charming classic is nestled on not one, but two spacious lots in the desirable Silver Lake Manor neighborhood. A true retreat that combines the convenience of downtown Rehoboth with a sense of serene privacy. Step inside this picturesque home and prepare to be captivated. Boasting alluring Cottage Chic upgrades, including gleaming stainless steel appliances, stunning Carrera marble countertops, farm sink, upgraded cabinetry, and a generously sized, 19x23 screened porch for outdoor living, every aspect has been meticulously designed to offer both style and comfort. The striking property itself presents an enticing opportunity for local high-end builders, while at the same time, it should not be underestimated as a hidden gem in its own right. With a full basement for additional space and storage, a large heated pool adorned by gas torches with fenced yard ensuring privacy and security, and a delicate touch of original knotty pine, this well-cared-for home offers the epitome of comfortable living. Although it has never been rented before, the potential for this exquisite property to generate over $100K per season is evident, making it an exceptional investment opportunity. But for now, take a moment to unwind on the charming back deck and savor the breathtaking sunsets with a refreshing beverage in hand. Let the cares of the day melt away as you embrace the truly endless beauty that surrounds you.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning RESIDENTIAL

Direction Northeast

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Other, Additional Bedroom

Basement Full, Sump Pump

Main Level Bedrooms 3

Interior

Interior Features Attic, Breakfast Area, Kitchen - Country, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), WhirlPool/HotTub, Window Treatments

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Attic Fan, Central A/C, Heat Pump(s)

Flooring Hardwood, Tile/Brick

Fireplaces Number 1

Fireplaces Type Gas/Propane

Equipment Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Self Cleaning, Washer

Furnishings No

Fireplace Y

Window Features Insulated,Screens

Appliance Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Self Cleaning, Washer

Heat Source Propane - Leased, Oil

Laundry Main Floor

Exterior

Exterior Feature Deck(s), Porch(es), Enclosed, Screened

Garage Garage Door Opener

Garage Spaces 4.0

Fence Fully

Pool Concrete, Gunite, Heated, In Ground

Utilities Available Cable TV, Propane, Phone

Waterfront N

Water Access N

View Street

Roof Type Architectural Shingle,Asbestos Shingle

Street Surface Black Top

Accessibility None

Porch Deck(s), Porch(es), Enclosed, Screened

Road Frontage Public

Attached Garage 1

Total Parking Spaces 4

Garage Y

Building

Lot Description Landscaping, Partly Wooded, Subdivision Possible

Story 1

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade

New Construction N

Schools

School District Cape Henlopen

Others

Pets Allowed Y

Senior Community No

Tax ID 334-20.09-18.00

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Bright MLS (BMLS)
Listed by Joseph S Maggio Jr. • Dave McCarthy & Associates, Inc.
Bought with Cindy D Souza • Long & Foster Real Estate, Inc.
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