8 CANAL STREET, Rehoboth Beach, DE 19971

$3,400,000 Asking Price

5 beds
5 baths
4,035  sqft
Built in 2024

Just completed in October 2024, this stunning brand-new custom home redefines luxury beach living in Downtown Rehoboth Beach—no need to wait for construction! This extraordinary classic cottage-style residence, infused with modern elegance, is designed for the most discerning buyer. The main level features soaring 10-foot coffered ceilings and exquisite coastal decor, professionally decorated to create an inviting atmosphere that exudes relaxed sophistication. The layout flows seamlessly into a fully equipped, state-of-the-art open-concept kitchen, perfect for culinary enthusiasts and entertaining guests. Ample living and dining spaces, complete with a bar and gas fireplace, enhance the entertaining experience. The main living area overlooks the magnificent 27x12-foot saltwater pool, equipped with custom lighting and fountains that set the mood for an enchanting resort experience, including an indoor/outdoor Sonos sound system and an oversized professionally landscaped, fenced yard Designed with privacy and comfort in mind, this home boasts five beautifully crafted bedrooms, each reflecting exceptional attention to detail. The bathrooms are equally impressive, featuring luxurious finishes and modern designs that elevate your daily routine. This property is ready for its new owners to move in and make it their own. All three levels feature low-maintenance luxury vinyl flooring, perfect for the beach lifestyle. The finished basement offers a blank canvas for a media room, home gym, or wine cellar, bringing the total conditioned space to over 4,000 heated square feet. Enjoy the convenience of being “In-Town” within walking distance to your favorite restaurants, shops, bike trails, city dock, farmers market and the beach, making every day feel like a vacation. Experience the perfect blend of classic charm and contemporary luxury in this remarkable Rehoboth Beach home. This is a one-of-a-kind property on a 6,100 sq foot lot with a 40-foot-deep rear yard. Don’t wait to make this resort home your very own! Rental projections are $15,000 per week mid June through Labor Day.


Features & Amenities

Interior

General:
Bar,Bathroom - Soaking Tub,Butlers Pantry,Combination Kitchen/Dining,Combination Kitchen/Living,Entry Level Bedroom,Floor Plan - Open,Kitchen - Gourmet,Recessed Lighting,Sound System,Sprinkler System,Wainscotting,Upgraded Countertops,Wet/Dry Bar,Wine Storage
Laundry:
Main Floor
Basement:
Daylight, Partial,Fully Finished,Heated
Flooring:
Luxury Vinyl Plank,Ceramic Tile
A/C:
Heat Pump(s)
Heating:
Y, Central,Heat Pump(s), Electric
Fireplace:
Gas/Propane, Fireplace, Fireplaces: 1
Disability Feature:
2+ Access Exits

Exterior

General:
Extensive Hardscape,Underground Lawn Sprinkler, Above Grade,Below Grade
Style:
Coastal,Contemporary
Parking:
Paved Driveway

Construction

Roofing:
Architectural Shingle
General:
Frame,HardiPlank Type, 3, Block

Location

HOA Amenities:
1800.0, Annually
Originating MLS:
BRIGHT_MAIN
School District:
CAPE HENLOPEN
County:
SUSSEX

Lot

Zoning:
TN, 334-13.20-284.00
Current Use:
999

Utilities

Utilities:
Cable TV,Phone Available,Propane,Sewer Available,Water Available, 200+ Amp Service
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Monument Sotheby's International Realty, Michael Reamy Jr

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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