103 Carolina Street

Dewey Beach, DE 19971

$2,075,000
Price
4
Beds
3
Baths
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Open: 11/30 01:00PM - 03:00PM

Open: 11/30 01:00PM - 03:00PM

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.
  1. Listed by Michael Reamy Jr • Monument Sotheby's International Realty
    P: (302)-227-6767 michael.reamy@msir.net

Property Details for 103 Carolina Street

Tax ID Number
334-20.10-89.00
Ownership
Land Lease
Condo Coop Association
No
HOA
No
Entry Floor Number
1
Structure Type
Detached
Style
Coastal, Cottage, Mid-Century Modern
Levels/Stories
1

Open Houses

Saturday, Nov 30th

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 11/22/2024 10:52 AM

Property Details for 103 Carolina Street

StatusActive
MLS #DESU2073330
Days on Market29
Taxes$488 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Land Lease
Year Built1964
Lot Size0.11 AC / 4,791 SF
CountySussex County

Building Information for 103 Carolina Street

Stories1Year Built1964Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 103 Carolina Street

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: Listing Agent
  • Elementary School: REHOBOTH (SUSSEX DE)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BEACON (SUSSEX DE)
  • MiddleSchoolSource: Listing Agent
  • High School: CAPE HENLOPEN (SUSSEX DE)
  • HighSchoolSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Year Assessed: 2024
  • County Tax: $40
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 999
  • Zoning: RN
  • School Tax: $448
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 4
  • # Bathrooms Count Main Level: 4
  • # Bathrooms Full Main Level: 3
  • # Bathrooms Half Main Level: 1
Rooms
  • Stories: Main
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
Financial Information
  • Annual Rental Income: $125,000
Building Info
Building Info
  • Year Major Reno Remodel: 2018
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: .00
  • Total SQFT: .00
  • Total SQFT Source: Assessor
  • Floors In Unit Count: 1
  • Main Entrance Orientation: South
  • Construction Materials: Vinyl Siding, CPVC/PVC, Stick Built, Wood Siding
  • Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8034/4858/9186/803448589186_512_384_WM_9gxmaWX2v3oFDSU2.jpg
  • Foundation Details: Crawl Space
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Half-Main Level-1
  • # Bathrooms Full: 3
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 50.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5203596
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 52
  • Land Lease Amount: $25,000
  • Land Lease Amount Frequency: Annually
  • Land Lease Years Remaining: 52
Parking
Parking
  • Type Of Parking: Driveway, Off Street
  • Driveway - # of Spaces: 2
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Entry Slope <1', Level Entry - Main
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 103 Carolina Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Rehoboth Elementary School
Public - K to 5
Mariner Middle School
Public - 6 to 8
Cape Henlopen High School
Public - 9 to 12
Sussex Consortium
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.

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More information about 103 Carolina Street, Dewey Beach, DE 19971

103 Carolina Street is a single family home for sale in Dewey Beach, DE 19971. This property was listed for sale on October 26, 2024 by Monument Sotheby's International Realty, it's currently listed at $2,075,000. It has been on the market for a total of 29 days and was last sold on November 17, 2017. This listing's school district is Cape Henlopen School District. Nearby schools include Rehoboth Elementary School, Mariner Middle School and Cape Henlopen High School. 103 Carolina Street is a 4-bed, 3.5-bath, single family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Monument Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.