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45
Photos
2 PARK AVENUE, Rehoboth Beach, DE 19971
$4,200,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
4
baths
2,552
sqft
Built in
1969
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.
Features & Amenities
Interior
- Laundry:
- Upper Floor
- Basement:
- Partial
- Flooring:
- Hardwood,Tile/Brick
- A/C:
- Central A/C
- Heating:
- Y, Central, Electric
- Fireplace:
- Wood, Fireplace, Fireplaces: 2
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Traditional
Construction
- Roofing:
- Architectural Shingle
- General:
- Wood Siding, 2, Brick/Mortar
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CAPE HENLOPEN
- County:
- SUSSEX
Lot
- Zoning:
- TN, 334-14.09-189.00
- View:
- Ocean
- Current Use:
- 999
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN, BRIGHT_MAIN
- Exclusions:
- Some art and some contents of attic, garage & basement
This listing courtesy of:
NextHome Tomorrow Realty, ALLEN JARMON
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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