$5,500,000

For sale

111 St••••• St (Sign up for 50 free credits to unlock)Rehoboth Beach, DE 19971

5Beds
5Baths
2,500Sq Ft Living
5,000Sq Ft Lot
2021Year Built

Property Description

South Rehoboth Luxury Just Steps from the Beach | 5-Bedroom Custom Home with Private Pool & $200K+ Rental Income Experience unparalleled coastal luxury in this beautifully appointed, fully furnished custom-built home, ideally located just 1.5 blocks from the beach in the heart of coveted South Rehoboth. This exceptional residence offers 5 bedrooms, 4.5 baths, a heated gunite pool, and outstanding indoor and outdoor living. The coastal-inspired exterior features timeless architectural details and distinctive accent metal roofing. Inside, the open-concept design showcases high-end finishes, designer furnishings, and coastal-inspired decor throughout. At the heart of the home, the gourmet kitchen features premium built-in stainless-steel appliances, including a Wolf range, Sub-Zero refrigerator, and two Cove dishwashers, complemented by custom handcrafted cabinetry, beautiful quartz countertops, and ample space for everyday living and entertaining. A convenient wet bar with an ice maker and wine refrigerator is perfect for hosting family and friends. The spacious great room is surrounded by large windows that fill the home with natural light, creating a warm and inviting gathering space centered around the fireplace. A beautifully customized staircase with oversized windows enhances the home's bright, open feel, while a shiplap-accented powder room adds a touch of coastal charm. The first floor features a private owner's suite, while the second floor offers a second spacious owner's suite and an additional en-suite bedroom, each with a beautifully tiled walk-in shower. Two additional bedrooms share a hall bathroom with a tiled tub. All bathrooms feature timeless tilework, beautiful countertops, and high-end finishes. For added convenience, separate washer and dryer sets are located on both floors. Geothermal heating and cooling provide energy-efficient comfort while helping reduce utility costs. Outside, the private heated gunite pool creates the perfect setting for relaxing, entertaining, and enjoying long summer days at the beach. Fully furnished and completely turn-key, this exceptional property offers the perfect combination of a luxurious family beach home and a proven, high-performing rental investment, generating over $200,000 in annual rental income. With its prime South Rehoboth location just 1.5 blocks from the beach, generous lot, private heated gunite pool, luxury finishes, and exceptional craftsmanship, this remarkable home presents a rare opportunity to enjoy the best of coastal living while owning a highly desirable income-producing property just steps from the beach, dining, shopping, and entertainment.

Property Facts & Features

Property Type
Single Family
Status
Active
Listed
Sep 3, 2026
Price per Sq Ft
$2200/sqft
ZIP Code
19971
Full Baths
4
Half Baths
1
Stories
2
Parking
Off Street
Heating
Central
Cooling
Central A/C, Geothermal
Construction
BattsInsulation, Masonry, SprayFoamInsulation, Stick Built, Stone, Tile
Style
Coastal
Property Tax (2026)
$5,137/yr
Assessed Value
$1,220,950
County
Sussex
School District
Cape Henlopen School District

Estimated Value

$5,199,724Range $4,561,400 to $5,693,700

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 5

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1

Land Info

  • Lot Size Acres: 0.1147842
  • Lot Size Square Feet: 5000

Appliances

  • Built-In Microwave
  • Built-In Range
  • Dishwasher
  • Disposal
  • Dryer - Electric
  • Dryer - Front Loading
  • Extra Refrigerator/Freezer
  • Oven/Range - Gas
  • Range Hood
  • Refrigerator
  • Stainless Steel Appliances
  • Washer - Front Loading
  • Water Heater - Tankless

Pool and Spa

  • Pool Private: Yes

Interior Features

  • Bar
  • Bathroom - Walk-In Shower
  • Bathroom - Tub Shower
  • Built-Ins
  • Butlers Pantry
  • Ceiling Fan(s)
  • Combination Dining/Living
  • Combination Kitchen/Dining
  • Crown Moldings
  • Entry Level Bedroom
  • Family Room Off Kitchen
  • Floor Plan - Open
  • Kitchen - Gourmet
  • Kitchen - Island
  • Pantry
  • Recessed Lighting
  • Upgraded Countertops
  • Walk-in Closet(s)
  • Window Treatments

Garage and Parking

  • Off Street Parking: 2
  • Parking Features: Off Street
  • Parking Total: 2

School Information

  • School District: CAPE HENLOPEN

Heating and Cooling

  • Cooling Features: Central A/C, Geothermal
  • Heating Features: Central
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 6072
  • Source Listing Status: Active
  • County: SUSSEX
  • Disclaimer: Standard
  • Ownership: Fee Simple
  • Source Neighborhood: SOUTH REHOBOTH
  • Postal Code Plus 4: 2271
  • Subdivision: SOUTH REHOBOTH

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0
  • Senior Community: No

Building and Construction

  • Total Square Feet Living: 2500
  • Year Built: 2021
  • Above Grade Finished Area: 2500
  • BelowGradeFinishedArea: 0
  • Building Name: NONE AVAILABLE
  • Construction Materials: BattsInsulation, Masonry, SprayFoamInsulation, Stick Built, Stone, Tile
  • Levels: 2
  • Property Age: 5
  • Levels or Stories: 2
  • Structure Type: Detached
  • Total Area Sqft: 2500
  • Architectural Style: Coastal

Location

Lat 38.71103 · Lng -75.07954