206 E Market Street, Lewes, DE 19958

$1,800,000
4
BD
3
BA
1,929
SqFt

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Sold Price
$1,800,000
List Price
$1,680,000
Closing Date
Feb 26, 2026
Days on Market
3
Status
CLOSED
MLS#
DESU2102570
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
1,929
Lot Size (Acres)
0.13
Style
Victorian, Coastal
Year Built
1900
County
Sussex
School District
Cape Henlopen

Property Description

MAIN HOUSE + 3 COTTAGES + DETACHED GARAGE! Located just steps from the sand in the heart of Lewes Beach, 206 E. Market Street offers a rare opportunity to own a classic coastal property with exceptional flexibility and income potential. Dating back to circa 1900, this charming home blends timeless character with modern functionality across an expansive and versatile property layout. The main residence features 4 bedrooms, 3 full bathrooms, and approximately 1,929 square feet of living space. The main level includes a welcoming living room, den, small study or game room, convenient main-level washer and dryer, and full bathroom. The den could easily function as an additional bedroom. Upstairs, the second level hosts all four bedrooms and two additional full baths. A fully conditioned third-level attic provides bonus space with endless possibilities—ideal for storage or future opportunities. One of the property’s most unique and exciting features is the three detached rear cottages, each equipped with a kitchenette and full bathroom. Two cottages are studio-style, while the third offers a one-bedroom layout—perfect for guests or rental use. The property currently holds four active short-term rental licenses: one for the main house and one for EACH cottage, making it a standout investment opportunity in one of Delaware’s most desirable beach towns. Additional highlights include a large, detached garage, quick access to the beach, shopping, and dining, and the unmistakable charm of Lewes living. Whether you’re seeking a primary residence, vacation retreat, or income-producing property, this historic gem delivers unmatched location, flexibility, and potential. Note: the cottages have only ever been used as summer cottages and would need renovation for year-round use. They have no heat source and use window A/C for cooling. New roof was put on main house in 2023, garage in 2024 and cottages in 2025 with transferable warranties. New water heater in main house was installed in 2023. Property is located in the Historic District. Property is being sold As-Is, Where-Is.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Lewes Beach
Taxes
$3433.27
Interior Features
Attic, Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Recessed Lighting, Wood Floors
School District
Cape Henlopen
High School
Cape Henlopen
Flooring
Hardwood
Garage
Yes
Garage Spaces
2
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Shingle
Water
Public
Sewer
Public Sewer
Lot Lease Amount Frequency
Annually

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Listing courtesy of Jack Lingo - Lewes. Contact:

Selling Office: .