$3,525,000
20 Saint Louis St, Dewey Beach, DE, 19971
4
Beds
2
Baths
1,508
Square feet
0.17
Acres
Extremely rare, fee simple (you own the land!) one-of-a-kind oversized lot in coveted Rehoboth-by-the-Sea in North Dewey Beach. This 75x100 foot property is only four houses from the beach! A Huge Bonus is the adorable 4 bedroom/2 bath year-round home with excellent rental history ($90K plus). If buyers wish to expand AT THEIR EXPENSE, there is a shovel-ready, approved and permitted plan (photos attached) for an amazing 2 story addition, increasing home size to approximately 4,700 square feet including 10 bedrooms and 10 baths! Current estimate for construction is approx. $950K- $1million. For under $5 million total investment, this would be a one-of-a kind, resort-style home w/open floor plan, including huge porches, outdoor spaces and inground pool and pool cabana on the beach block! There will also be a small basement. If you decide to build the addition, your rental income would increase to approximately $20-22K per week ($250-$300K per year annually) based on current comps. (Or you can build smaller or use as is!) Architectural plans included with sale.
Facts & Features
| MLS® # | DESU2022494 |
|---|---|
| Price | $3,525,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,508 |
| Acres | 0.17 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Cottage, Coastal, Rancher |
| Status | Active |
Community Information
| Address | 20 Saint Louis St |
|---|---|
| Area | Lewes Rehoboth Hundred (31009) |
| Subdivision | REHOBOTH BY THE SEA |
| City | Dewey Beach |
| County | SUSSEX-DE |
| State | DE |
| Zip Code | 19971 |
Amenities
| Amenities | Attic, Entry Lvl BR, Exposed Beams, Tub Shower, CeilngFan(s), Walk-in Closet(s), Wood Floors |
|---|---|
| Utilities | Cable TV Available, Phone Available |
| Parking | Crushed Stone |
| View | Garden/Lawn, Street |
| Is Waterfront | No |
Interior
| Interior Features | Floor Plan-Traditional |
|---|---|
| Appliances | Dishwasher, Dryer - Electric, Extra Refrg/Frz, Microwave, Stove, Water Heater, Washer, Refrigerator, Range hood, Oven/Range-Electric |
| Heating | Heat Pump(s) |
| Cooling | Heat Pump(s), Central A/C |
| Has Basement | No |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Brick, Wood |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Exterior | Frame, Shingle |
|---|---|
| Exterior Features | Outside Shower, Secure Storage |
| Lot Description | No thru street, Backs to Trees, Landscaping |
| Windows | Screens |
| Roof | Architectural Shingle |
| Foundation | Crawl Space |
School Information
| District | CAPE HENLOPEN |
|---|---|
| Elementary | REHOBOTH |
| Middle | BEACON |
| High | CAPE HENLOPEN |
Additional Information
| Date Listed | May 26th, 2022 |
|---|---|
| Days on Market | 80 |
| Zoning | TN |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BAY COAST REALTY |
|---|