Under contract

ACTIVE UNDER CONTRACT

103 Carolina St

Dewey Beach DE, 19971

$2,075,000


Under contract

ACTIVE UNDER CONTRACT

4 Beds

4 Baths

Residential

Built in 1964

Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don't miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the "windjammer" model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories.
The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a "kids" room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018.
Outside the master bedroom, there's a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings.
The property has a remaining 52-year land lease and is being sold turnkey, with $111,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week - rent 2.5 weeks and pay your entire annual land lease!
This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.

DESU2073330

MLS ID

October 26, 2024

Listed

December 18, 2024

Updated

Map

103 Carolina St
Dewey Beach DE, 19971

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump, Central, Electric

Exterior/Building Features

Lot Size

0.11 Acres


Architectual Style

Coastal, Cottage, Mid-Century Modern


Sewer

Public Sewer

School Information

School District

CAPE HENLOPEN


High School

CAPE HENLOPEN


Elementary School

REHOBOTH

Other Property Details

Taxes

$488


Tax Frequency

Annually


Days on Market

54


Garage

No


Parking

Off Street


Parking Total

2


View

No


County

SUSSEX


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/18/2024

Under contract

Listed by Monument Sotheby's International Realty
Listing Contact: 3022276767 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/18/2024 at 10:48 PM UTC

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