Indulge in the panoramic views of the bay from this perfectly situated and rarely offered property located on a waterfront lot in the coveted Rehoboth Beach Yacht and Country Club. This home offers both indoor and outdoor living and entertainment spaces, making it perfect for hosting friends and family. Bask in the sun from the heated gunite pool with expansive deck areas and enjoy afternoon and evening cocktails lounging by a separate outdoor wet bar with seating surrounding a gas firepit, relishing the unobstructed views of Rehoboth Bay. Take advantage of the waterfront with a large private dock with boat lift and jet ski ramp located at the entrance of the bay. The entertainment continues indoor with an expansive great room, equipped with a sleek gas fireplace, hardwood floors, and large windows and doors providing plenty of natural light and breathtaking, unrestricted views of the bay, waterways, and wildlife. Enter through a set of double doors off the main living area to find an entertainment and game room with a beautiful oak wet bar and even more views to enjoy. The kitchen comes with stainless steel appliances, two refrigerators, and granite countertops. The center island makes crafting food and beverages a breeze and offers additional seating. Enjoy your meals in the indoor dining room or the adjacent screened in porch. Take the grand spiral staircase to the second level where you will find a luxurious primary suite and 4 additional guest suites, all complete with elegantly tiled en-suite bathrooms and views of the bay. This floor also includes a conveniently located laundry room. The private owner's suite is a sanctuary, with a balcony and sitting room overlooking stunning water views, a gas fireplace, two oversized walk-in closets with custom organizers, and a spacious bathroom with a walk-in steam shower and separate soaking bathtub. The owner's suite also has its own private washer and dryer. This home comes with an oversized large two car garage with plenty of storage. Don't miss this incredible opportunity to enjoy coastal living on the water!