20389 Mallory Square Cir, Rehoboth Beach, DE 19971

$735,000
5
BD
4
BA
2,955
SqFt

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Sold Price
$735,000
List Price
$749,900
Closing Date
Jul 23, 2026
Status
CLOSED
MLS#
DESU2106474
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,955
Style
Coastal, Contemporary
Year Built
2004
County
Sussex
School District
Cape Henlopen

Property Description

BACK ON MARKET and priced to sell!!!! Great opportunity to own a beach home that is literally walking, biking distance to beaches, bike trails, shopping and route 1. Also, ideal for the smart investor. Community allows seasonal rentals and long-term rentals. “5BR Beach Home | Just minutes from the beach | Walk to Dining | Rental Income Opportunity” Welcome to Keys of Marsh Harbor, where coastal convenience meets exceptional investment potential. This spacious 5-bedroom, 4-bath home is located within walking distance to popular restaurants and shopping and just minutes from the beach, making it an ideal coastal retreat, full-time residence, or high-demand vacation rental. With five generously sized bedrooms, including two private en-suite retreats, the home offers plenty of space for family, guests, and vacation renters. The open main living area flows seamlessly from the bright family and dining space into a large, well-appointed kitchen, creating the perfect gathering space after a day at the beach. Step outside to the screened porch, an inviting place to enjoy morning coffee, evening cocktails, or relaxing coastal breezes. One of the biggest advantages of owning in Keys of Marsh Harbor is the maintenance-free lifestyle. The association takes care of exterior maintenance—including roofing, siding, and landscaping—so you can spend more time enjoying the community’s pool and tennis courts, nearby beaches, restaurants, and shopping. With five bedrooms in a prime beach-area location, this home offers an incredible rental income opportunity with strong appeal for seasonal vacation renters as well as long-term tenants. Whether you're searching for a coastal getaway, full-time residence, or a smart investment property, this home delivers the perfect combination of space, location, amenities, and income potential just minutes from the Delaware beaches. Easy to show!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Keys Of Marsh Harbor
Building Name
None Available
Interior Features
Ceiling Fans, Separate Dining Room, Pantry, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s)
School District
Cape Henlopen
Elementary School
Rehoboth
Middle School
Rehoboth
High School
Cape Henlopen
Fireplaces
1
Garage Spaces
2
Exterior Features
Barbecue, Rain Gutters, Tennis Court(s)
Heating
Forced Air
Cooling
Central Air
Utilities
Propane - Community
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate at The Beach. Contact:

Selling Office: RE/MAX Realty Group Rehoboth.