$4,095,000
 $21,983 est/mo Sourced by Back At You

3 Laurel St,REHOBOTH BEACH, DE 19971

REHOBOTH BEACH, DE 19971

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Description

Whether you're an investor looking for a Rental Machine or looking for your personal ocean block oasis 3 Laurel Street will deliver! Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. Currently being used as rental property, the home has grossed over $200,000 the last 2 rental seasons and is already at $235,000+ for 2026 with peak weeks renting for $15,000! The furnishings and tvs are negotiable making this property perfect for investors looking for a turn key income producing property. Close before summer and collective the income at closing! This home is much more than just a rental property and checks all of the boxes for buyers who are looking for a luxury home with incredible ocean views and a short walk to all of the attractions Rehoboth Beach has to offer. This magnificent 2,500sqft beach house is only 150 feet from the beach and boardwalk with Ocean views from all rooms on the front of the house. Tons of outdoor space to take in the sights and sounds of Rehoboth Beach from the front porch, by the pool or the second floor deck. The spacious well thought out great room has incredible attention to detail such as exposed beams, stacked stone gas fireplace, and sustainable hardwood floors that carry throughout the entire house. The open floor plan is tied together perfectly with 10 ft ceilings, Pella windows and gorgeous craftsman trim everywhere you look.Cooking dinner for all of your guests will be a delight in the chef s kitchen with quartz counters, stainless steel Kitchen Aid appliances, 48 inch gas range and oversized French door refrigerator/freezer. All 5 of the spacious ensuite bedrooms feature tiled bathrooms with frameless glass showers. The third floor suite is embellished with exposed beams and a cathedral ceiling. This home truly has it all; a sunken laundry room, pantry closet, easy access to a conditioned crawl space, split system HVAC and 2 tankless hot water heaters. Exterior features include a paver front porch, backyard paver patio with pool, privacy fencing, outdoor shower, cedar impression siding and stone, composite decking, irrigation system and parking for 2 cars.This South Rehoboth masterpiece is only steps to the ocean, 4 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants.

Details

MLS #DESU2118150
Listing TypeFor Sale
StyleHouse
Building NameNONE AVAILABLE
Sub-TypeResale
StatusActive-bright
Year2024
Days On Site57
Listing Provided ByJack Lingo - Rehoboth | JORDAN GEYER

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet2,500
PoolYes
Story(s)2.5
ZoningRES
Acreage0.11
Property ViewOcean

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingHeat Pump(s)

Exterior

Construction MaterialsShingle Siding, Stick Built, Tile, Vinyl Siding, Stone
Foundation DetailsCrawl Space

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1134.68

Area Information

StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameSOUTH REHOBOTH
School DistrictCAPE HENLOPEN
Listing VS Median (in SOUTH REHOBOTH)
Price:
$4,095,000
low | high
Med:
$2,986,000
77.081807081807% of Average
sqft:
2,500
low | high
Med:
3,800
2% of Average
$ / sqft:
$1,638
low | high
Med:
$786
100% of Average
On site:
57
low | high
Med:
82
69.512195121951% 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 NameSOUTH REHOBOTH
School DistrictCAPE HENLOPEN
Listing VS Median (in SOUTH REHOBOTH)
Price:
$4,095,000
low | high
Med:
$2,986,000
77.081807081807% of Average
sqft:
2,500
low | high
Med:
3,800
2% of Average
$ / sqft:
$1,638
low | high
Med:
$786
100% of Average
On site:
57
low | high
Med:
82
69.512195121951% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $3.71M - $5.118M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
505 KING CHARLES AVE Property Photo 1
$4,195,000
505 King Charles Ave
Rehoboth Beach, DE 19971
Listing Updated: October 5, 2026 at 11:52:53 AM PDT