103 Carolina Street
$2,075,000
4
3
1
—
—
—
Description
Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying...Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories. The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a “kids” room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018. Outside the master bedroom, there’s a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower and hot tub. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings. The property has a remaining 52-year land lease and is being sold turnkey, with $105,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week – rent 2.5 weeks and pay your entire annual land lease! This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.
- Listed by Michael Reamy Jr • Monument Sotheby's International RealtyP: (302)-227-6767 michael.reamy@msir.net
Property Details for 103 Carolina Street
Tax ID Number
334-20.10-89.00
OwnershipLand Lease
Condo Coop AssociationNo
HOANo
Entry Floor Number1
Structure TypeDetached
StyleCoastal, Cottage, Mid-Century Modern
Levels/Stories1
LISTING UPDATED: 10/28/2024 12:55 PM
Property Details for 103 Carolina Street
Status | Active |
---|---|
MLS # | DESU2073330 |
Days on Market | 6 |
Taxes | $488 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Land Lease |
Year Built | 1964 |
Lot Size | 0.11 AC / 4,791 SF |
County | Sussex County |
Building Information for 103 Carolina Street
Stories1Year Built1964Building Size-Lot Size0.11 AC / 4,791 SF
Property Information for 103 Carolina Street
Property History for 103 Carolina Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 103 Carolina Street
Taxable ValueLand$20,000Additions-Total$20,000
Tax Record2023$811 ($68 / month)
Home Facts
Beds0Lot Size5,000 SqFtStyleResidentialZoningTNCountySUSSEXAPN334-20.10-89.00
Schools near 103 Carolina Street
This home is within Cape Henlopen School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Rehoboth Elementary School PublicK to 5 | ||
Mariner Middle School Public6 to 8 | ||
Cape Henlopen High School Public9 to 12 | ||
Sussex Consortium PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.