20898 East Drive, Unit 551

Rehoboth Beach, DE 19971

$660,000
Last Sold Price
2
Beds
1,592 Sq. Ft.
$415 / Sq. Ft.
1,592
Sq. Ft.
$415
per Sq. Ft.

Description

Welcome to 551 Spring Lake! This beautifully remodeled 2-bedroom condo, plus a versatile loft, is nestled in the sought after 5th phase of Spring Lake, overlooking a serene pond. This bright and inviting end unit is bathed in natural light, enhancing the spacious layout. The kitchen and bathrooms have been nicely updated. The kitchen features granite counters, tiled backsplash and stainless appliances. The main level includes two bedrooms and two bathrooms. The guest room has 2 single Murphy beds,...Welcome to 551 Spring Lake! This beautifully remodeled 2-bedroom condo, plus a versatile loft, is nestled in the sought after 5th phase of Spring Lake, overlooking a serene pond. This bright and inviting end unit is bathed in natural light, enhancing the spacious layout. The kitchen and bathrooms have been nicely updated. The kitchen features granite counters, tiled backsplash and stainless appliances. The main level includes two bedrooms and two bathrooms. The guest room has 2 single Murphy beds, allowing for multiple uses when not designated as a sleeping space. The large loft offers a flexible space which could also be used as a 3rd bedroom. A cozy fireplace adds warmth and ambiance on cooler evenings. Step out onto your private deck to enjoy tranquil pond views - the perfect spot for morning coffee or evening cocktails. Spring Lake is a meticulously maintained, beautifully landscaped community, offering three ponds, walking trails in the Thompson Island Preserve and a community pool. Ideally situated within easy walking distance to the beach and all the lively attractions of Rehoboth Beach and Dewey Beach. This condo presents a perfect blend of comfort, style and convenience. It would be a wonderful vacation home, permanent residence or investment property. Don't miss this opportunity!
  1. Listed by CHRISTINA HAAG • Jack Lingo - Rehoboth
    P: (302)-226-6612 christina@jacklingo.com

Property Details for 20898 East Drive, Unit 551

Tax ID Number
334-20.00-1.00-551
Ownership
Fee Simple
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Unit/Flat/Apartment
Style
Other
Levels/Stories
2
LISTING UPDATED: 01/30/2025 08:23 PM

Property Details for 20898 East Drive, Unit 551

StatusClosed
MLS #DESU2074070
Days on Market12
Taxes$1,269 / year
HOA Fees-
Condo/Co-op Fees$1,450 / quarter
Compass TypeCondo
MLS TypeResidential / Fee Simple
Year Built1994
CountySussex County

Building Information for 20898 East Drive, Unit 551

Building/ComplexNONE AVAILABLEFloor-Stories2Residences-Pet PolicyAllowedPet Policy DetailsNumber LimitYear Built1994

Property Information for 20898 East Drive, Unit 551

Location
Location
  • In City Limits: No
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: 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
  • Senior Community: No
  • Capital Contribution Amount: $1,500
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Year Assessed: 2024
  • County Tax: $103
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: HR-2
  • School Tax: $1,155
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Number Limit
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,592.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5202147
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
  • Number of Assigned Spaces: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Interior Features: Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s)
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Wood
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Accessibility Features: Level Entry - Main
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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 20898 East Drive, Unit 551

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20898 East Drive, Unit 551

Taxable ValueLand-Additions$25,750Total-
Tax Record2023$1,667 ($139 / month)
Home Facts
Beds0StyleCondominiumZoningHR-2CountySUSSEXAPN334-20.00-1.00-551

Schools near 20898 East Drive, Unit 551

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

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Similar Sold Homes

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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 Jack Lingo - Rehoboth

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.