2 Park Avenue Rehoboth Beach, DE $ 4,200,000
2 Park Avenue
$ 4,200,000
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2 Park Avenue

Rehoboth Beach, DE, 19971
$ 4,200,000
Bedrooms5 Baths3.1 Sq 2,552

Monthly Estimate*

$ 27,915

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Single Family Home for sale in Rehoboth Beach, DE

for $4,200,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,552 square foot home was built in 1969 on a lot size of 0.2.

Only Surf Ave is between you and the ocean! This SOLID classic home was built over a 2+ year period by a prominent local banker who supervised the construction daily! Situated on an oversized (8,814 sq ft) lot with room for a future swimming pool, or just enjoy the large yard. Approx 600+ sq ft lot coverage left, and house can be expanded. The huge kitchen was remodeled in 2020 with custom built cabinets high-end appliances and a walk-in Pantry. There is a wood burning FP in the kitchen with antique built in surrounds that features a hidden compartment. Entering the spacious Foyer, you will find an elegant turned stairwell and Powder Room, with the formal Dining Room (now set up as 2nd sitting area) straight ahead. The large Living Room features another wood burning FP. Step out from there onto the large wrap-around screened porch and feel the ocean breeze. Upstairs on the front end of the home you will find 3 BR (one ensuite) and a huge hall bath with tub and tiled shower. The 2 ocean front BRs have a door that leads to a balcony the same size as the spacious front porch for you to soak up the sun! Up the back stairs in the kitchen you will find 2 more BRs and another bath with new HVAC. The entire home has real hardwood in all living areas and tile in all baths. There is an attached 2 car garage (rare in Rehoboth) that gives you access to a partial basement. There may be potential to expand to the attic for more living space (new Primary BR?) that would have awesome ocean views! The home is located on an extra wide section of Park Ave to give you the feeling of more space, and all a very short walk to all that Rehoboth Beach has to offer. Deauville Beach with public tennis courts is just a short walk away. This is a unique property, don't miss the opportunity! Past rental history $110k +/-, but not yet on rental market for 2024.

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Single Family Active

Price

$ 4,200,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 3,061

Style

Traditional

Lot Size

0.2

Year Built

1969

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2049416

Features
Interior
Heating Fuel Electric
Basement Partial
Flooring Hardwood Tile/Brick
Total Fireplaces 2
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2552
Full Baths 3
Half Baths 1
Street Suffix AVENUE
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Upper Floor
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle
Zoning TN
Garage Spaces 2.00
Architectural Style Traditional
Security Features Security System
Construction Materials Wood Siding
Exclusions Some art and some contents of attic garage & basement
Year Built 1969
View Ocean
Levels 2
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NORTH REHOBOTH
Facing Direction East
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Southern Corner of Surf Ave and Park Ave.
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 8814.00
Waterfront Y/N N
Street Name PARK
Tax Annual Amount 3061.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 1.00
Price Per Sq Ft 1645.77
Acceptable Financing Cash Conventional
Vacation Rental Y/N Y
Days on Market 219
Location Type Oceanblock
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision NORTH REHOBOTH
Tax Lot 46
Total Actual Rent 110000.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Lot Features Corner Landscaping
Water Source Public
Inclusions Furnished as shown
Garage Features Garage Door Opener Garage - Side Entry
Type of Parking Attached Garage Driveway
Foundation Details Brick/Mortar
Water View Y/N Y
Lot Dimensions 118.00 x 75.00
Lot Size Acres 0.20
Water Body Type Ocean
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Nexthome Tomorrow Realty

Broker

ajarmon113@gmail.com

Email

Affordability Calculator

$28,170
Per Month
99%
1%
0%
Monthly Principal & Interest
$27,915
Monthly Property Taxes
$255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2023$4,200,000 Listed Price

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2 Park Avenue, Rehoboth Beach, DE, 19971 is a Single Family Home for sale at $4,200,000 with 2,552 sqft and a lot size of 0.2. 2 Park Avenue has 5 bedrooms, 3.1 baths, and was built in 1969. The property's zip code is 19971 which is in Rehoboth Beach, DE