5 Read Avenue

Dewey Beach, DE 19971

$2,975,000
Price
5
Beds
3
Baths
2,800 Sq. Ft.
$1,063 / Sq. Ft.
2,800
Sq. Ft.
$1,063
per Sq. Ft.
a front view of a building with a garden
an aerial view of a house with a garden
a front view of a house with a garden
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a front view of a house with outdoor seating
a living room with furniture and a wooden floor
a living room with furniture a fireplace and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a lamp
a view of a dining room with furniture window and wooden floor
a view of a dining room and livingroom with furniture wooden floor a chandelier
a kitchen with stainless steel appliances granite countertop a sink a stove a refrigerator cabinets and a dining table
a kitchen with stainless steel appliances a microwave a stove a sink dishwasher a refrigerator and white cabinets with wooden floor
a view of living room kitchen with stainless steel appliances cabinets and flat screen tv
a bedroom with a bed and a window
a bathroom with a sink toilet mirror and vanity
a view of bathroom with dual sinks
a bedroom with a bed and window
a view of entryway
a bedroom with a large bed and a flat screen tv
a bedroom with a bed and a flat screen tv
a bathroom with a sink toilet and shower
a bedroom with a bed and window
a bedroom with a bed and a chandelier
a bedroom with a bed and a chandelier
a bathroom with a toilet and a shower curtain
a bedroom with a bed and a chandelier
a bedroom with a large bed and a flat screen tv
a view of staircase with white walls
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a view of a house with backyard and sitting area
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Description

This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you’ll be able to embrace coastal living with the convenience of walking...This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you’ll be able to embrace coastal living with the convenience of walking to the beach whenever you like. One of the standout features of this home is its breathtaking rooftop deck, where you can soak in panoramic views of both the ocean and the bay. Whether it’s morning coffee at sunrise or evening cocktails at sunset, this rooftop escape offers tranquility and charm. The home is also a short walk from the best local restaurants, bars, and entertainment that Dewey Beach has to offer, making it ideal for those who love to experience the vibrant beach community. Inside, you’ll find a completely renovated space designed with modern touches and high-quality materials. The kitchen is a chef’s dream, equipped with stunning granite countertops, all-new stainless steel appliances (with 5-year extended warranties), and upgraded cabinetry that boasts under-cabinet lighting for a sleek and modern beach feel. The luxury vinyl plank flooring throughout the first floor offers an attractive and durable surface, perfect for the sandy beach lifestyle and easy cleaning. Beyond aesthetics, this home has been updated with functional, energy-efficient improvements. A new 80-gallon water heater ensures plenty of hot water for all your guests, and the encapsulated crawlspace, complete with a dehumidifier, adds an extra layer of protection and comfort. New HVAC ductwork ensures consistent heating and cooling throughout the home, while the fresh carpeting on the stairs adds comfort. Additionally, the roof over the kitchen has been replaced, and 15 new windows allow natural light to flood the space. Outdoors, you’ll appreciate the newly installed front trek decking, an ideal spot for morning relaxation or evening socializing. After a long day at the beach, rinse off in the outdoor shower—an essential beach house feature that enhances convenience and cleanliness. This versatile home presents numerous opportunities. Whether you’re looking for a primary residence, a vacation getaway, or a profitable investment property, the possibilities are endless. With a projected rental income of $10,000 to $15,000 per week during the summer months, this home offers tremendous income potential for vacation rentals, especially during peak weeks. With its unbeatable location, thoughtful renovations, and ample living space, this Dewey Beach home is a rare gem that combines the best of beach living with modern luxury. Don't miss your chance to make this extraordinary property your own! Ask your agent for a list of the attached recent upgrades and the survey.
  1. Listed by Taylor M Tallarico • Keller Williams Realty
    P: (302)-519-5350 taylortallarico@kw.com

Property Details for 5 Read Avenue

Tax ID Number
334-20.18-196.00
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Coastal
Levels/Stories
3.5
Waterfront
No
LISTING UPDATED: 09/19/2024 09:18 PM

Property Details for 5 Read Avenue

StatusActive
MLS #DESU2067984
Days on Market67
Taxes$1,279 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1946
Lot Size0.09 AC / 3,755 SF
CountySussex County

Building Information for 5 Read Avenue

Stories-Year Built1946Building Size-Lot Size0.09 AC / 3,755 SF

Property Information for 5 Read Avenue

Location
Location
  • In City Limits: Yes
  • 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: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: No
  • Water Body Type: Ocean
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • County Tax: $874
  • City Town Tax: $405
  • Agricultural Tax Due: No
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 4
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 2
Upper Level 1
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1, Upper 2
Building Info
Building Info
  • Total Finished SQFT: 2,800.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Location Type: Oceanside
  • Parcel ID: 5204934
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Off Street, On Street, Other
  • Driveway - # of Spaces: 5
  • Parking Features: Private, Secure Parking
Interior Features
Interior Features
  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 5 Read Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 Read Avenue

Taxable ValueLand$7,200Additions$12,300Total$19,500
Tax Record2023$1,280 ($107 / month)
Home Facts
Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtStories3Lot Size3,751 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningTNCountySUSSEXAPN334-20.18-196.00Fireplace TypeHas Fireplace

Schools near 5 Read Avenue

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
Rating
School
Distance
Rehoboth Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
Public9 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 5 Read Avenue, Dewey Beach, DE 19971

5 Read Avenue is a single family home for sale in Dewey Beach, DE 19971. This property was listed for sale on August 26, 2024 by Keller Williams Realty, it's currently listed at $2,975,000. It has been on the market for a total of 67 days and was last sold on December 27, 2021. This listing's school district is Cape Henlopen School District. Nearby schools include Rehoboth Elementary School, Mariner Middle School and Cape Henlopen High School. 5 Read Avenue is a 5-bed, 3-bath, 2,800 sqft single family home built in 1946.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams 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.