Homes for sale - 21089 ELIZABETH AVE, Rehoboth Beach, DE 19971

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Steven Pagan

steven.pagan@thepagangroup.com +1(609) 631-5668

Listed by George W Manolakos • Patterson-Schwartz-Brandywine

$1,799,900

Est. payment - /mo

2 Beds

1 Bath

812 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 812 sqft

Price per Sqft $2,216

Subdivision Ann Acres

MLS Listing ID DESU2098786

Style Ranch/Rambler

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 812

Year Built 1957

Annual Tax Amount $1,430

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50 X 100

Property Sub-Type Detached

Source BRIGHT

Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning R

Rooms

Basement Partial

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplaces Number 1

Fireplaces Type Brick

Inclusions All Appliances

Fireplace Y

Heat Source Electric

Exterior

Utilities Available Above Ground

Water Access N

Accessibility None

Garage N

Building

Story 1

Foundation Block

Above Ground Finished SqFt 812

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-20.13-124.00

Ownership Fee Simple

SqFt Source 812

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://vt-idx.psre.com/BR11284

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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

21089 ELIZABETH AVE Rehoboth Beach, DE 19971