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70
Photos
103 CAROLINA STREET, Dewey Beach, DE 19971
$2,075,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
4
baths
Built in
1964
Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories. The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a “kids” room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018. Outside the master bedroom, there’s a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower and hot tub. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings. The property has a remaining 52-year land lease and is being sold turnkey, with $105,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week – rent 2.5 weeks and pay your entire annual land lease! This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.
Features & Amenities
Interior
- A/C:
- Heat Pump(s)
- Heating:
- Y, Heat Pump - Electric BackUp, Electric
- Disability Feature:
- Entry Slope <1',Level Entry - Main
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Coastal,Cottage,Mid-Century Modern
Construction
- General:
- Vinyl Siding,CPVC/PVC,Stick Built,Wood Siding, 1, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CAPE HENLOPEN
- County:
- SUSSEX
Lot
- Zoning:
- RN, 334-20.10-89.00
- Current Use:
- 999
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Personal items, Beds, Photos, Wood Cabinet in Dining area
This listing courtesy of:
Monument Sotheby's International Realty, Michael Reamy Jr
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Rehoboth Beach, DE
Housing
- Number of Units
- 17,162
- Median Home Value
- $453,138
- Median Rent
- $1,146
11.89% of housing units are renter occupied.
54.36% are vacant.
Commute
- Car
-
49.90%
- Public Transportation
-
0.42%
- Walk to Work
-
1.01%
- Work from Home
-
47.58%
- Other
-
0.13%
The median travel time to work is 13 minutes.
People
- Population
- 15,337
- Median Age
- 59.70
- Median Household Size
- 2.27
Education
- High School
-
22.01%
- Associate’s Degree
-
6.78%
- Bachelor’s Degree
-
31.57%
- Graduate Degree
-
20.80%
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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