$2,750,000

Property Description

RARE OPPORTUNITY: REHOBOTH BEACH CLASSIC ON OVERSIZED LOT, LESS THAN 2 BLOCKS FROM THE BEACH! A truly unique Rehoboth Beach property offering the charm, character, and versatility of a classic coastal cottage in an exceptional second ocean block location. Situated on an extended 50' x 172' lot with access from both Maryland Avenue & Olive Avenue, this special property is just steps from the boardwalk, shops, restaurants, and attractions of Rehoboth Avenue. The main living level features a comfortable and inviting layout with a primary bedroom, additional bedroom, dining area, kitchen, living room, and sunroom, creating a wonderful setting for enjoying summers at the beach or gathering with family and friends. The property also offers exceptional flexibility with two additional living spaces. The lower level includes a bedroom, full bath, kitchen, and complete living area, while the upstairs apartment (with great rental history) features two bedrooms, a half bath, and a full kitchenette. Whether used for extended family, guests, or rental opportunities, these additional spaces make this property unlike anything else you typically find in Rehoboth Beach. Outdoor living is equally appealing, with an in-ground pool, two outdoor showers and ample parking. A detached two-car garage provides additional convenience and storage, complemented by three additional parking spaces on the Olive Avenue side and two driveway spaces on the Maryland Avenue side. With its expansive lot, dual street access, multiple living areas, in-ground pool, detached garage, abundant parking, and coveted second ocean block location, this property offers possibilities rarely found in the heart of Rehoboth Beach. A true Rehoboth Beach coastal classic with character, flexibility, and an extraordinary location! Being sold AS-IS, don't miss this opportunity to make this coastal gem yours!

Property Facts & Features

Property Type

Single Family

Status

Active

Listed

Aug 27, 2026

Price per Sq Ft

$836/sqft

ZIP Code

19971

Full Baths

2

Half Baths

2

Stories

2

Garage

2 spaces

Parking

Concrete Driveway, Detached Garage, Driveway

Heating

Forced Air, Hot Water, Zoned

Cooling

Central A/C

Construction

Stick Built, Vinyl Siding

Style

Coastal, Cottage

Property Tax (2026)

$4,679/yr

Assessed Value

$1,111,950

County

Sussex

School District

Cape Henlopen School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 38.71784 · Lng -75.08171