$1,799,000
 $9,657 est/mo Sourced by Back At You

21089 Elizabeth Ave,REHOBOTH BEACH, DE 19971

REHOBOTH BEACH, DE 19971

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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.

Details

MLS #DESU2112446
Listing TypeFor Sale
StyleHouse
Building NameNONE AVAILABLE
Sub-TypeResale
StatusActive-bright
Year1957
Days On Site148
Listing Provided ByPatterson-Schwartz-Brandywine | George W Manolakos

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet812
BasementY
Story(s)1
ZoningR
Acreage0.11

Interior

Rooms Total5
CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsAluminum Siding
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Utilities

UtilitiesAbove Ground

Taxes

Tax Annual Amount1430

Area Information

StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameANN ACRES
School DistrictCAPE HENLOPEN
High SchoolCAPE HENLOPEN
Listing VS Median (in ANN ACRES)
Price:
$1,799,000
low | high
Med:
$1,899,000
44.441356309061% of Average
sqft:
812
low | high
Med:
810
50.246305418719% of Average
$ / sqft:
$2,216
low | high
Med:
$2,345
44.166313518511% of Average
On site:
148
low | high
Med:
148
100% of Average
Sourced by Back At You

Market Activity 19971

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Learn More About This Property

StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameANN ACRES
School DistrictCAPE HENLOPEN
High SchoolCAPE HENLOPEN
Listing VS Median (in ANN ACRES)
Price:
$1,799,000
low | high
Med:
$1,899,000
44.441356309061% of Average
sqft:
812
low | high
Med:
810
50.246305418719% of Average
$ / sqft:
$2,216
low | high
Med:
$2,345
44.166313518511% of Average
On site:
148
low | high
Med:
148
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.349M - $2.248M
sqft: 609 - 1,000
Nearby Listings Property ImageNearby Listings Details
21095 ELIZABETH AVE Property Photo 1
$1,999,000
21095 Elizabeth Ave
Rehoboth Beach, DE 19971
Listing Updated: October 5, 2026 at 1:35:59 PM PDT