114 Chesapeake Street, Dewey Beach, DE 19971

$2,110,000
4
BD
3
BA
2,000
SqFt

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Sold Price
$2,110,000
List Price
$2,150,000
Closing Date
Jan 08, 2026
Days on Market
29
Status
CLOSED
MLS#
DESU2097676
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,000
Lot Size (Acres)
0.11
Style
Other
Year Built
1960
County
Sussex
School District
Cape Henlopen

Property Description

Welcome to Seaside Rendezvous -- This spectacular Key-West style home is truly a seashore oasis located in the coveted north end of Dewey Beach know as Rehoboth by the Sea. This resort hideaway is a one-of-a-kind property featuring a spectacular 12 x 27 heated, in ground private pool with water fall feature surrounded by tropical landscaping with gorgeous palms, seasonal red geraniums and 6 ft privacy fence surrounding the entire property. A large patio with sun lounge chairs and al fresco dining area surround the pool. Relax here, or take a short three minute walk to sink your toes into the sand and the Atlantic Ocean. Many nights you can hear the waves crashing on the large, 12x24 screened porch overlooking the pool and lake just across the street. The home features an open concept great room with living/dining areas with beautiful vaulted wood ceilings, exquisite tongue and groove hardwood floors, updated kitchen and baths, central heat and air conditioning. A wall of floor to ceiling glass separates the porch and great room allowing natural light to flow freely throughout the main rooms. There are two primary suites w/full ensuite baths, one off the great room and one in the new addition (added in 2023). Two additional bedrooms (queen and queen with bunk beds) share a hall bath -- all have vaulted wood ceilings and hardwood floors. There is a small private deck off the rear primary suite. Excellect rental history / summer prime weeks at $15,000 per week. Two off street parking spaces. The home is beautifully designed and decorated - furnishings negotible. This is a Land Lease property with 32 years left on the land lease. Land rent approx. $11,000 annually with increases every five years (not every year). RENTAL INCOME 2024 was $189,000.00 Rent just two weeks and it pays your land lease and most expenses!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Rehoboth By The Sea
Taxes
$1467
Interior Features
Ceiling Fan(s), Combination Dining/Living, Exposed Beams, Floor Plan - Open, Sprinkler System, Window Treatments, Wood Floors
School District
Cape Henlopen
High School
Cape Henlopen
Fireplaces
1
Flooring
Hardwood
Exterior Features
BBQ Grill, Sidewalks, Exterior Lighting
Pool Description
Heated, In Ground, Saltwater
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Roof
Asbestos Shingle
Utilities
Above Ground
Water
Public
Sewer
Public Sewer
Lot Lease Amount
$11000
Lot Lease Amount Frequency
Annually

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Calculator source: Real Geeks

Listing courtesy of HomeZu by Simple Choice. Contact:

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