8 months on rocket

37468 1st St, Rehoboth Beach, DE, 19971

$1,695,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
4,407 SqFt
$385/SqFt
House
Schools Nearby

Location

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37468 1st St, Rehoboth Beach$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Additional Storage Area, Built In, Inside Access, Concrete Driveway, Attached Garage, Driveway
Garage2 spaces
Year Built2018
HeatingHeat Pump, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceStone, Gas/Propane
ViewBay, Panoramic, Canal
MLS #DESU2048024
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 37468 1st St

Unlock the door to this MUST-SEE home and immerse yourself in luxury and location as you explore this remarkable four level dream house, just steps away from the glistening waters of the Lewes Rehoboth Canal. Prepare to be captivated and inspired by the unrivaled style and breathtaking canal and wetland vistas that await you. Experience the warmth of beautifully finished Red & White Oak Hardwood flooring as it flows seamlessly through the main living spaces, enriching the ambiance with an earthy sophistication. Satiate your culinary aspirations with not one, but TWO kitchens! The 3rd level boasts a gourmet kitchen for exquisite dinner parties & everyday living, while the ground level den offers an additional kitchen, making game nights and holiday feasts even more delightful. Relish in a sprawling owner's suite on the top level, complete with a private balcony, cozy lounge area with built-in window bench, luxurious en-suite bath, and a huge walk-in closet with its own washer & dryer. Take the elevator or stairs down to the 2nd level, where you will find a secondary living room, 3 additional bedrooms - each with en-suite baths, and an additional laundry room in the hall. Other highlights include coffered ceilings in the breakfast and dining room, dedicated home office, which could easily be used as a 5th bedroom, gas fireplace in the 3rd level living room, built in speakers in the main kitchen area, formal dining room and in the owner’s suite; each with separate volume controls, and a fire suppression system with sprinkler heads throughout the entire house. With no rental restrictions this would make a perfect Airbnb/vacation rental property; with an estimated $100,000 in potential annual rental income! Conveniently located in Bay Vista, offering easy access to Rehoboth Bay, Coastal Highway, and downtown Dewey & Rehoboth Beaches. PICTURES TRULY DONT DO THIS HOUSE JUSTICE- SO COME SEE FOR YOURSELF!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Coastal
  • Year Built: 2018
  • Living Area: 4,407 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Double Oven, Oven, Refrigerator, Washer, Dryer, Oven, Electric Range, Oven, Gas Range, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior: 2nd Kitchen, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace: Stone, Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Bay, Panoramic, Canal
  • Exterior: Outside Shower

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Additional Storage Area, Built In, Inside Access, Concrete Driveway, Attached Garage, Driveway

Virtual/3D Tour

  • Virtual Tour: 37468 1st St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Central Air, Zoned

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: From Rt. 1, head west on Bay Vista Rd. Make a left onto 1st St., Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $385/SqFt

Tax Information:

  • Annual Amount: $2,428
  • 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

37468 1st St vs Rehoboth Beach

244 DAYS ON ROCKET

+209 Days

$1,695,000

+$929.5K More

$385/SqFt

+$54 More

KEY TAKEAWAY

This property is $929.5K more than the Median Sold Price and $54/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: #DESU2048024

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

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: 5/15/2024, 2:20:43 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$2,428$12,200
2020$2,420$51,550
2018$535$12,200
2017$513$12,200

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-1440334
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.83 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1440335
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.04 miles

  • Public District Grades 4-8

High School

school-card-donut-1440336
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.96 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,061. Residents of Rehoboth Beach, DE typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37468 1st St

What is the listing price of this property?

The listing price of 37468 1st St property is $1,695,000.

What type of property is this?

The property 37468 1st St is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 37468 1st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 37468 1st St 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 $2,428 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 37468 1st St has 5 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 37468 1st St is 4,407 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 37468 1st St is 2018.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›37468 1st St

This home is located at 37468 1st St in Rehoboth Beach, DE and zip code 19971. This 4,407 square foot home, which was built in 2018, sits on a 0.11 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $1,695,000.

In April 2024, from all listings sold in Rehoboth Beach, DE there were more than 12 sold above asking price, over 13 sold below and more than 6 were sold right at the asked price. In April 2024 in Rehoboth Beach, DE there were 10.5% more homes for sale than in March 2024. Listings spent 35 days on the market in April 2024, and had a median list price of $765,420 during the same period.

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

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