$2,150,000

FOR SALE

114 Chesapeake St

Dewey Beach, De, 19971

MLS #DESU2097676

Subdivision: Rehoboth By The Sea

Building: None Available

4 Beds

3/- Baths

2000 sqft

$ 1,075.00 /sqft

Property Details

Welcome to Seaside Rendezvous -- This spectacular Key-West style home is truly a seashore oasis located in the coveted north end of Dewey Beach know as Rehoboth by the Sea. This resort hideaway is a one-of-a-kind property featuring a spectacular 12 x 27 heated, in ground private pool with water fall feature surrounded by tropical landscaping with gorgeous palms, seasonal red geraniums and 6 ft privacy fence surrounding the entire property. A large patio with sun lounge chairs and al fresco dining area surround the pool. Relax here, or take a short three minute walk to sink your toes into the sand and the Atlantic Ocean. Many nights you can hear the waves crashing on the large, 12x24 screened porch overlooking the pool and lake just across the street. The home features an open concept great room with living/dining areas with beautiful vaulted wood ceilings, exquisite tongue and groove hardwood floors, updated kitchen and baths, central heat and air conditioning. A wall of floor to ceiling glass separates the porch and great room allowing natural light to flow freely throughout the main rooms. There are two primary suites w/full ensuite baths, one off the great room and one in the new addition (added in 2023). Two additional bedrooms (queen and queen with bunk beds) share a hall bath -- all have vaulted wood ceilings and hardwood floors. There is a small private deck off the rear primary suite. Excellect rental history / summer prime weeks at $15,000 per week. Two off street parking spaces. The home is beautifully designed and decorated - furnishings negotible. This is a Land Lease property with 32 years left on the land lease. Land rent approx. $11,000 annually with increases every five years (not every year).RENTAL INCOME 2024 was $189,000.00 Rent just two weeks and it pays your land lease and most expenses!

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
Dishwasher,Dryer - Electric,Extra Refrigerator/Freezer,Range Hood,Microwave,Refrigerator,Washer,Water Heater
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1960
Cooling
Central A/C
Pets Allowed
-
Amenities
-
Interior
Ceiling Fan(s),Combination Dining/Living,Exposed Beams,Floor Plan - Open,Sprinkler System,Window Treatments,Wood Floors
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
Central
Garage/Carport
-
Dining Area
-
Exterior
BBQ Grill,Sidewalks,Exterior Lighting
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
A
Listing Office
HomeZu by Simple Choice

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