ParkingGarage Door Opener, Crushed Stone, Attached Garage, Driveway
Garage2 spaces
Year Built2007
HeatingZoned, Forced Air
CoolingCentral Air, Zoned
FireplaceWood
ViewBay, Ocean, Panoramic, Water
MLS #DESU2058476
Lot Size7.82 Acres
StatusActive (ACTIVE)
About 22024 Coastal Hwy
Unparalleled sunset views can be enjoyed from almost every angle of this stunning, custom-built bayfront home situated in the private beach community of Indian Beach. Cedar shake siding, meticulously manicured landscaping complete with custom lighting, and a spacious paver driveway are just a few of the attractive elements that contribute to the home’s excellent curb appeal. Tasteful and timeless selections include beautiful hardwood floors throughout, a neutral color palette, sleek marble and granite counters, classic tiles in the baths, and plantation shutters throughout. The spacious floor plan spans over 4,700 sq/ft and includes an elevator for convenience, multiple living spaces, a wet bar, formal dining room, wood burning fireplace with custom built-in surround, two luxurious primary suites each with spa-like baths, and a gourmet kitchen complete with expansive counter space, island and breakfast bar, dual sinks and commercial grade appliances including a 6-burner gas Viking cooktop, oven, and Sub-Zero refrigerator. Enjoy picturesque views of the Rehoboth Bay from over 1,500 sq/ft of outdoor living spaces including patios, covered porches, and sun-decks spanning the entire rear of the home and strategically placed for optimum bay and even ocean views. With convenience to the Rehoboth Sailing Association, Delaware State Parks, Dewey Beach & Rehoboth Beach amenities, and the private ocean beach access just steps away, this home leaves little to the imagination!
This property is $2.7M more than the Median Sold Price and $423/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: #DESU2058476
Listing Office:
Office Name: Jack Lingo - Rehoboth
Office Phone: (302) 227-3883
Listing Agent: BRYCE LINGO
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.7K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$218
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
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
9
/10
Rehoboth Elementary School
500 Stockley St
Distance between this listing and this school2.02 miles
Public District Grades PK-6
Middle School
7
/10
Beacon Middle School
19483 John J Williams Hwy
Distance between this listing and this school4.66 miles
Public District Grades 4-8
High School
5
/10
Cape Henlopen High School
1250 Kings Hwy
Distance between this listing and this school6.69 miles
Public District Grades 8-12
Assigned Schools
9
/10
Rehoboth Elementary School
500 Stockley St
Distance between this listing and this school2.02 miles
Public District Grades PK-6
Nearby Schools
5
/10
Long Neck Elementary School
26064 School Ln
Distance between this listing and this school7.06 miles
Public District Grades PK-5
8
/10
Shields (Richard A.) Elementary School
910 Shields Ave
Distance between this listing and this school7.12 miles
Public District Grades PK-5
Assigned Schools
7
/10
Beacon Middle School
19483 John J Williams Hwy
Distance between this listing and this school4.66 miles
Public District Grades 4-8
Nearby Schools
3
/10
Millsboro Middle School
302 E State St
Distance between this listing and this school13.24 miles
Public District Grades 6-8
5
/10
Mariner Middle School
16391 Harbeson Rd
Distance between this listing and this school14.09 miles
Public District Grades 5-8
Assigned Schools
5
/10
Cape Henlopen High School
1250 Kings Hwy
Distance between this listing and this school6.69 miles
Public District Grades 8-12
Nearby Schools
5
/10
Indian River High School
29772 Armory Rd
Distance between this listing and this school12.99 miles
Public District Grades 8-12
3
/10
Sussex Central High School
26026 Patriots Way
Distance between this listing and this school14.13 miles
The neighbors living near this home have an average income of $94,167. Residents of Rehoboth Beach, DE typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 22024 Coastal Hwy
What is the listing price of this property?
The listing price of 22024 Coastal Hwy property is $3,500,000.
What type of property is this?
The property 22024 Coastal Hwy is a house located in Rehoboth Beach, Delaware, 19971.
Is this property for sale now?
Active Listing: 22024 Coastal Hwy is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 22024 Coastal Hwy are: Rehoboth Elementary School: GreatSchools Rating 9/10Beacon Middle School: GreatSchools Rating 7/10Cape 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 $4,135 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 3, 2011 for $1,920,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 22024 Coastal Hwy has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 22024 Coastal Hwy is 4,704 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 22024 Coastal Hwy is 2007.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 22024 Coastal Hwy in Rehoboth Beach, DE and zip code 19971. This 4,704 square foot home, which was built in 2007, sits on a 7.82 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $3,500,000.
In March 2024, from all listings sold in Rehoboth Beach, DE there were more than 4 sold above asking price, over 9 sold below and more than 4 were sold right at the asked price. In March 2024 in Rehoboth Beach, DE there were 8.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $779,000, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.