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38180 Terrace Road

REHOBOTH BEACH, DE 19971
  • $2,550,000
  • STATUS: Active Under Contract
  • ON SITE: 48 Days
  • ID#: DESU2045668
Under Contract
UPDATED: 40 min ago
$2,550,000
  • 3
    BEDS
  • 0.32
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 1,600
    SQFT
  • $1,594
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1974
County:

School Ratings & Info

School District:

Description

2 Lots just outside town limits just 2.5 blocks from the iconic Boardwalk and the shimmering Atlantic Ocean. build two homes and share the pool. , The existing Cottage is a charming classic is nestled on not one, but two spacious lots in the desirable Silver Lake Manor neighborhood. A true retreat that combines the convenience of downtown Rehoboth with a sense of serene privacy. Step inside this picturesque home and prepare to be captivated. Boasting alluring Cottage Chic upgrades, including gleaming stainless steel appliances, stunning Carrera marble countertops, farm sink, upgraded cabinetry, and a generously sized, 19x23 screened porch for outdoor living, every aspect has been meticulously designed to offer both style and comfort. The striking property itself presents an enticing opportunity for local high-end builders, while at the same time, it should not be underestimated as a hidden gem in its own right. With a full basement for additional space and storage, a large heated pool adorned by gas torches with fenced yard ensuring privacy and security, and a delicate touch of original knotty pine, this well-cared-for home offers the epitome of comfortable living. Although it has never been rented before, the potential for this exquisite property to generate over $100K per season is evident, making it an exceptional investment opportunity. But for now, take a moment to unwind on the charming back deck and savor the breathtaking sunsets with a refreshing beverage in hand. Let the cares of the day melt away as you embrace the truly endless beauty that surrounds you.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-23T16:52:16.76.
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38180 Terrace Road REHOBOTH BEACH, DE 19971

  • Price: $2,550,000
  • Status: Active Under Contract
  • On Site: 48 Days
  • Updated: 40 min ago
  • ID#: DESU2045668
3
Beds
3
Baths
1
½ Baths
0.32
Acres
1,600
SQFT
$1,594
$/SQFT
1974
Built
Neighborhood:
Silver Lake Manor
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
2 Lots just outside town limits just 2.5 blocks from the iconic Boardwalk and the shimmering Atlantic Ocean. build two homes and share the pool. , The existing Cottage is a charming classic is nestled on not one, but two spacious lots in the desirable Silver Lake Manor neighborhood. A true retreat that combines the convenience of downtown Rehoboth with a sense of serene privacy. Step inside this picturesque home and prepare to be captivated. Boasting alluring Cottage Chic upgrades, including gleaming stainless steel appliances, stunning Carrera marble countertops, farm sink, upgraded cabinetry, and a generously sized, 19x23 screened porch for outdoor living, every aspect has been meticulously designed to offer both style and comfort. The striking property itself presents an enticing opportunity for local high-end builders, while at the same time, it should not be underestimated as a hidden gem in its own right. With a full basement for additional space and storage, a large heated pool adorned by gas torches with fenced yard ensuring privacy and security, and a delicate touch of original knotty pine, this well-cared-for home offers the epitome of comfortable living. Although it has never been rented before, the potential for this exquisite property to generate over $100K per season is evident, making it an exceptional investment opportunity. But for now, take a moment to unwind on the charming back deck and savor the breathtaking sunsets with a refreshing beverage in hand. Let the cares of the day melt away as you embrace the truly endless beauty that surrounds you.
Exterior Features

Architectural Style Ranch/Rambler Construction Materials Stick BuiltVinyl Siding Direction Faces Northeast Distance To Body Of Water 3 Door Features InsulatedStorm Exterior Features Hot TubLawn SprinklerOutside Shower Fencing Fully Garage Spaces 1.00 Garage Type Garage Door Opener Garage YN Yes Location Type Downtown Lot Features LandscapingPartly WoodedSubdivision Possible Parking Features Surface Parking Types Off StreetDrivewayAttached Garage Patio And Porch Features Deck(S)Porch(Es)EnclosedScreened Pool Yes - Personal Pool Features ConcreteGuniteHeatedIn Ground Property Condition Very GoodExcellent Riparian Rights YN No Road Responsibility Public Road Surface Type Black Top Roof Architectural ShingleAsbestos Shingle View Street Water Access YN No Water Body Name Atlantic Water Body Type Ocean Water Oriented YN Yes Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1600 Appliances CooktopDishwasherDisposalDryer - ElectricExhaust FanExtra Refrigerator/FreezerIcemakerRefrigeratorMicrowaveOven/Range - GasOven - Self CleaningWasher Basement FullSump Pump Basement YN Yes Cooling Attic FanCentral A/CHeat Pump(S) Exclusions Other Fireplace Features Gas/Propane Fireplace YN Yes Fireplaces Total 1 Flooring HardwoodTile/Brick Furnished No Heating Forced AirHeat Pump(S) Heating YN Yes Interior Features AtticBreakfast AreaKitchen - CountryCombination Kitchen/DiningCombination Kitchen/LivingEntry Level BedroomCeiling Fan(S)Whirlpool/HottubWindow Treatments Laundry Type Main Floor Levels 1 Main Level Bedrooms 3 Pets Allowed No Pet Restrictions Room List Living RoomDining RoomPrimary BedroomKitchenFamily RoomLaundryOtherAdditional Bedroom Rooms Total 10 Spa YN Yes

Property Features

Acceptable Financing CashConventional Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel ElectricOther Cross Street Route 1 Electric 220 Volts200+ Amp Service Federal Flood Zone YN Yes Foundation Details Block Heating Fuel Propane - LeasedOil Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 802527128696 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Transportation Bus Stop Less Than 1 Mile Utilities Cable TvPropanePhone Vacation Rental YN No Water Source Public Window Features InsulatedScreens Year Built Effective 2021 Zoning Residential

Listing courtesy of Dave Mccarthy & Associates, Inc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-23T16:52:16.76.
 
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