31811 LEAF LANE, Ocean View, DE 19970

$799,000 Asking Price

6 beds
5 baths
3,879  sqft
Built in 2024

Attention Investors! Discover an exceptional opportunity to own a newly constructed property featuring two identical one-bedroom living spaces on the ground floor. This property offers both luxury and convenience. Built with modern designs and high-quality materials, the one bedroom living quarters are the perfect use of space for quests. Each area boasts a contemporary kitchenette, cozy living area, a spacious bedroom with laundry and upgraded bathroom. The spaces can be conjoined as one, two bedroom unit as there are adjoining locking doors connecting the two spaces. The upper level features a full four-bedroom home with an expansive layout ideal for any family dynamic. With an open concept living, dining and kitchen area this home is perfect for hosting gatherings of all sizes! Custom cabinetry and high end appliances throughtout the kitchen adn entire home you will feel like you are at a highend hotel. Situated only 3.7 miles from the Bethany Beach boardwalk, beach, shops, restaurants, and entertainment. With projected rental potential of $71,000 annually, this property is a lucrative investment. You have versatile leasing options: rent out all units for maximum income or live in the mainhouse and lease the apartments. This property is ideal for investors seeking a promising addition to their portfolio, vacation home seekers who want to enjoy the Beach Lifesytle while generatin income, and families looking for multifamily living arrangements. Don't miss out on this investment dream!


Features & Amenities

Interior

General:
Bar,Carpet,Combination Dining/Living,Efficiency,Floor Plan - Open,Kitchen - Galley,Kitchenette,Pantry,Recessed Lighting,Walk-in Closet(s)
Appliances:
Dishwasher,Dryer,Instant Hot Water,Microwave,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater - Tankless
Laundry:
Main Floor,Lower Floor
Flooring:
Luxury Vinyl Plank
A/C:
Central A/C,Ductless/Mini-Split
Heating:
Y, Forced Air, Electric
Disability Feature:
Level Entry - Main

Exterior

General:
Above Grade,Below Grade
Style:
Coastal

Construction

Roofing:
Architectural Shingle
General:
Vinyl Siding, 3, Slab

Location

Originating MLS:
BRIGHT_MAIN
School District:
INDIAN RIVER
County:
SUSSEX

Lot

Zoning:
GR, 134-12.00-1969.00
Current Use:
999

Utilities

Water:
Well
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Keller Williams Realty, Sarah Shoemaker

About Ocean View, DE

Housing

Number of Units
9,172
Median Home Value
$370,223
Median Rent
$1,160

9.32% of housing units are renter occupied.

51.98% are vacant.

Commute

Car
48.46%
Public Transportation
0.76%
Walk to Work
0.54%
Work from Home
49.97%
Other
0.23%

The median travel time to work is 15 minutes.

People

Population
8,875
Median Age
59.30
Median Household Size
2.41

Education

High School
20.47%
Associate’s Degree
8.82%
Bachelor’s Degree
25.45%
Graduate Degree
20.15%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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