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Backup Offers

5 Lakewood Shr, Rehoboth Beach, DE, 19971

$935,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,588 SqFt
$361/SqFt
House
Schools Nearby

Location

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5 Lakewood Shr, Rehoboth Beach$935,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access, Asphalt Driveway, Attached Garage, Driveway
Garage2 spaces
Year Built1998
HeatingHeat Pump
CoolingCentral Air
WaterfrontShared
FireplaceGas/Propane
ViewPond, Trees/Woods
MLS #DESU2059750
Lot Size0.54 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 5 Lakewood Shr

**Welcome to Your Tranquil Oasis in The Glade Community** Nestled within the prestigious Glade community, this meticulously maintained 3-bedroom residence offers a serene retreat from the everyday hustle and bustle. Boasting captivating pond views teeming with diverse birds and wildlife. Complemented by a screened-in porch, this home invites you to savor the beauty of nature from the comfort of your own abode. Updated hardscape adds to the inviting pond view from patio, screened room or outside deck for grilling. Underground propane bib connection for your grilling ease. As you step inside, the updated and refinished wood flooring guides you through the inviting living spaces, exuding warmth and elegance. The thoughtful updates extend to the ceramic flooring and modernized showers in two of the 2.5 baths, ensuring both style and functionality. Open kitchen with room for dining space opens into that comfortable room to relax with the gas fireplace and view of the pond. This residence seamlessly blends modern amenities with timeless charm, offering the flexibility of a possible 4th bedroom to accommodate your evolving needs. Whether you're hosting family gatherings or enjoying quiet evenings, the open layout provides ample space for relaxation and entertainment. Attached side loading 2 car garage with plenty of storage space. The allure of The Glade community extends beyond the confines of this exceptional home. Residents enjoy exclusive access to a wealth of amenities, including a large inground pool, clay tennis courts, and a clubhouse, fostering a vibrant and active lifestyle. Take leisurely strolls along the scenic pathways, or unwind in the tranquil ambiance of the community gazebos, all while reveling in the picturesque views that define The Glade experience. Recent updates and improvements ensure peace of mind and comfort for years to come. With a new roof and HVAC systems installed in 2024, as well as refinished flooring, new flooring in pantry, separate laundry space with fresh interior paint, this home exemplifies turnkey convenience. Additionally, the crawl space treated beams with new vapor barrier and insulation, completed in 2020, underscores a commitment to quality and efficiency. Underground irrigation with separate private well. Experience the epitome of waterfront living and community camaraderie in The Glade. Schedule your private tour today and discover the unparalleled beauty and charm of this exceptional property.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1998
  • Stories: 2
  • Living Area: 2,588 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 227-6101
  • Listing Agent: David G Crider

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Ceramic Tile, Luxury Vinyl Plank
  • Interior: Attic, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Wood Floors, Kitchen - Eat-In, Primary Bath(s), Soaking Tub, Window Treatments, Crown Moldings
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Shared
  • View: Pond, Trees/Woods
  • Exterior: Extensive Hardscape, Stone Retaining Walls, Sidewalks, Street Lights, Underground Lawn Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access, Asphalt Driveway, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Rt1 to Holland Glade Rd follow to the end. Road turns left onto Glade Farm Drive. Follow through gate to stop sign. Left turn on Glade Circle West to right on Lakewood Shore Dr. Home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $935,000
  • Price Per SqFt: $361/SqFt

HOA Fees:

  • Amount: $473
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,561
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rehoboth Beach, DE.

Med. Sold Price

$765.4K

Med. Price/SqFt

$331

Avg. Days On Market

35

# of Sold Homes

31

5 Lakewood Shr vs Rehoboth Beach

16 DAYS ON ROCKET

-19 Days

$935,000

+$169.5K More

$361/SqFt

+$30 More

KEY TAKEAWAY

This property is $169.5K more than the Median Sold Price and $30/SqFt more than other homes in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2059750

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 227-6101
  • Listing Agent: David G Crider

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2024, 7:00:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,561$41,650
2020$1,555$41,650
2018$1,429$41,650
2017$1,352$41,650

History based on county public records data.

Payment Calculator

$4,891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,870

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5729612
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.92 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5729613
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 2.66 miles

  • Public District Grades 4-8

High School

school-card-donut-5729614
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 2.94 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,215. Most Rehoboth Beach, DE residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Lakewood Shr

What is the listing price of this property?

The listing price of 5 Lakewood Shr property is $935,000.

What type of property is this?

The property 5 Lakewood Shr is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Accepting Backup Offers: 5 Lakewood Shr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5 Lakewood Shr are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,561 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Lakewood Shr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Lakewood Shr is 2,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Lakewood Shr is 1998.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›5 Lakewood Shr

This home is located at 5 Lakewood Shr in Rehoboth Beach, DE and zip code 19971. This 2,588 square foot home, which was built in 1998, sits on a 0.54 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $935,000.

Over 12 listings were sold over their listed price in April 2024 in Rehoboth Beach, DE. In the same period over 13 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Rehoboth Beach, DE real estate market has seen increase in the number of listings by 10.5%. In April 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $765,420.

From Rocket Homes Real Estate and based on county public records data.

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