$2,975,000
Beds:
5
Baths:
3
Sqft:
2,800
Sqft lot:
3,920
Acre lot:
0.09
92 Days On Market -
Courtesy of Taylor Tallarico, Keller Williams Realty taylortallarico@kw.com
Status:
Active
Property Type:
Single Family Residential
Year Built:
1946
Neighborhood:
None Available
Days On Website:
92
Description
This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you'll be able to embrace coastal living with the convenience of walking to the beach whenever you like. One of the standout features of this home is its breathtaking rooftop deck, where you can soak in panoramic views of both the ocean and the bay. Whether it's morning coffee at sunrise or evening cocktails at sunset, this rooftop escape offers tranquility and charm. The home is also a short walk from the best local restaurants, bars, and entertainment that Dewey Beach has to offer, making it ideal for those who love to experience the vibrant beach community. Inside, you'll find a completely renovated space designed with modern touches and high-quality materials. The kitchen is a chef's dream, equipped with stunning granite countertops, all-new stainless steel appliances (with 5-year extended warranties), and upgraded cabinetry that boasts under-cabinet lighting for a sleek and modern beach feel. The luxury vinyl plank flooring throughout the first floor offers an attractive and durable surface, perfect for the sandy beach lifestyle and easy cleaning. Beyond aesthetics, this home has been updated with functional, energy-efficient improvements. A new 80-gallon water heater ensures plenty of hot water for all your guests, and the encapsulated crawlspace, complete with a dehumidifier, adds an extra layer of protection and comfort. New HVAC ductwork ensures consistent heating and cooling throughout the home, while the fresh carpeting on the stairs adds comfort. Additionally, the roof over the kitchen has been replaced, and 15 new windows allow natural light to flood the space. Outdoors, you'll appreciate the newly installed front trek decking, an ideal spot for morning relaxation or evening socializing. After a long day at the beach, rinse off in the outdoor shower - an essential beach house feature that enhances convenience and cleanliness. This versatile home presents numerous opportunities. Whether you're looking for a primary residence, a vacation getaway, or a profitable investment property, the possibilities are endless. With a projected rental income of $10,000 to $15,000 per week during the summer months, this home offers tremendous income potential for vacation rentals, especially during peak weeks. With its unbeatable location, thoughtful renovations, and ample living space, this Dewey Beach home is a rare gem that combines the best of beach living with modern luxury. Don't miss your chance to make this extraordinary property your own! Ask your agent for a list of the attached recent upgrades and the survey.
Features
Appliances & Equipment
- Dishwasher
- Dryer - Electric
- Microwave
- Oven/Range - Electric
- Refrigerator
- Washer
- Water Heater
Bathrooms
- 3 total bathrooms
- 2 bathrooms on all upper levels
- 3 full bathrooms
- 1 full bathroom on main level
Bedrooms
- 4 bedrooms on upper levels
- 5 bedrooms
- 1 bedroom on main level
Building
- 2,800 sqft living area
- 2,800 sqft above grade (finished)
- Built in 1946
- Structure Type: Detached
- 3.5 levels
- Coastal
- Advanced Framing
- Vinyl Siding
- CPVC/PVC
Cooling
- Central Air
- Electric
- Central A/C
Accessibility Features
- Other
Foundation
- Concrete Perimeter
Water Features
- Navigable Water
- Water Access
- Water Body Type: Ocean
- Water Oriented
Heating
- Electric
- Heat Pump(s)
Listing
- 91 days on market
- $1,063 per sqft
- Property SubType: Single Family Residential
- Vacation Rental
Location
- County: Sussex
- Location Type: Oceanside
- MLS Area: Lewes Rehoboth Hundred (31009)
- Subdivision: None Available
Lot
- 3,755 sqft
- 0.09 acres
Parking
- Private
- Secure Parking
Property
- Other Structures: Above Grade
- View: Ocean,Bay
Schools
- School District: CAPE HENLOPEN
Sewer
- Public Sewer
Taxes
- City/Town Tax: $405
- City/Town Tax Pymnt Freq: Annually
- County Tax: $874
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $1,279
Utilities
- Hot Water: 60+ Gallon Tank
Property Map
Map View
$2,975,000 - 5 Read Avenue, Dewey Beach, DE 19971
Street View
Directions
5 Read Avenue
Dewey Beach, DE 19971
County: Sussex
Nearby Schools
Local Sales
This content last updated on November 24, 2024 7:02AM.