Listed By:
Jack Lingo - Rehoboth
Address
38242 Robinsons Drive, Rehoboth Beach, DE
Price
$ 1,695,000
Property Attributes
  • MLS#DESU2057676
  • TypeSingle Family
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodDodds Addition
  • Zip19971
  • StyleCoastal
  • Year Built1980
  • Taxes$ 1885
  • Price$ 1,695,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.14 Acres
Data Source:
Bright MLS
Property Description

POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance. Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or EASILY CONVERT both units into one single family residence by simply cutting a door into the stairwell! Whether looking for an investment property or your own coastal oasis, the options are endless... Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out. Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!

Price History
3/8/2024 Listed $1,725,000
4/10/2024 2% - $1,695,000

General Features

Interior Features Combination Dining/Living,Combination Kitchen/Living,Kitchen - Efficiency,Upgraded Countertops,Pantry,Skylight(s)
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Asphalt
Appliances Oven/Range - Electric,Range Hood,Refrigerator,Extra Refrigerator/Freezer,Icemaker,Microwave,Dishwasher,Washer,Dryer,Water Heater
Exterior Features Extensive Hardscape,Flood Lights,Outside Shower
Zoning GR
Patio/Porch Features Screened,Porch(es)
Architectural Style Coastal
Construction Materials Stick Built,Vinyl Siding
Year Built 1980
Levels 2
Percent Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name DODDS ADDITION
Facing Direction Northwest
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions From Rehoboth Avenue,proceed south on Bayard Avenue,cross Silver Lake Bridge and make first right turn onto Robinsons Drive and stay left. Home is on left hand side,38242. From Coastal Highway Sou
ModificationTimestamp 2024-05-20T12:10:19
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 6098.00
Waterfront Y/N No
Street Name ROBINSONS
Tax Annual Amount 1885.0
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Acceptable Financing Seller Financing,Cash,Conventional
Vacation Rental Y/N Yes
Days on Market 71
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision Dodds Addition
Total Actual Rent 60000.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Basement Full
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Street Suffix DRIVE
Central Air Y/N Yes
Total Bedrooms 4
Entry Level 1
Room Type Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Utility Room,Bathroom 1,Bathroom 2,Bathroom 3,Screened Porch
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Washer In Unit,Dryer In Unit
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Lower Levels 1
Bedrooms Count All Upper Levels 2
Bedrooms Count Lower Level 1 1
Bedrooms Count Upper Level 1 2
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count Lower Level 1 0.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 4
Type of Parking Driveway,Off Site
Foundation Details Block
Water View Y/N No
Lot Dimensions 76.00 x 84.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Off Site - # of Spaces 2

Room Details

Room Dimensions Level Flooring Details
Bathroom 1 Main
Bathroom 2 Main
Bathroom 3 Upper 1
Bedroom 1 Main
Bedroom 2 Lower 1
Bedroom 3 Upper 1
Bedroom 4 Upper 1
Dining Room Main
Kitchen Upper 1
Kitchen Main
Living Room Main
Living Room Upper 1
Screened Porch Main
Screened Porch Upper 1
Utility Room Lower 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19971

Price
AVG $2.19M
$1.7M
Taxes
AVG $2,240
$1,885
Visits
AVG 618
406
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1980

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