Listed By:
Jack Lingo - Rehoboth
Address
20968 Coastal Highway, Rehoboth Beach, DE
Price
$ 1,450,000
Property Attributes
  • MLS#DESU2061920
  • TypeLand
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodAnn Acres
  • Zip19971
  • StyleVacant
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.23 Acres
Data Source:
Bright MLS
Property Description

Commercial / Residential double lot measuring 100 x 100 zoned C-1. Many opportunities available with incredible visibility situated perfectly on Coastal Highway just north of Dewey Beach. Take advantage of southbound, slowing traffic to attract customers to your retail space, service business or office space. Sussex County recently approved site plans for a 5000 sq office w/ 19 parking spaces. Or totally change gears and build townhouses or sub-divide into 2 separate building lots for detached residential beach homes. There is an option to Increase the potential as well by purchasing the 50 x 100 property listed for sale adjacent to this property. This double lot offers close proximity to Dewey Beach restaurants and bars w/ plenty of live music! Easy access to The Rehoboth Bay for paddle boarding or head to the beach for a relaxing day in the sun! Rehoboth Beach is a quick Jolly Trolly or scooter ride away.

Price History
5/7/2024 Listed $1,450,000

General Features

Sewer Public Sewer
Possession Settlement
Zoning C1
Property SubType Land
Current Use Vacant
Percent Ownership Fee Simple
County SUSSEX
Property Type Land
HOA / Comm Assn No
Subdivision Name ANN ACRES
Possible Use Commercial,Mixed Use,Residential
Water Access Y/N No
Status ACTIVE
Directions South on Rt 1 / Coastal Hwy. Property on right before Dewey Beach. Sign on property
ModificationTimestamp 2024-05-07T12:29:47
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 10018.80
Waterfront Y/N No
Street Name COASTAL
Price Per Sq Ft 144.73
Acceptable Financing Cash,Conventional
Additional Parcels Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 1
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Legal Subdivision ANN ACRES
Buyer Agent Compensation Type % Of Gross

Interior Features

Street Suffix HIGHWAY

Exterior Features

Fencing Vinyl,Privacy
Water Source Public
Inclusions New 7' Vinyl Privacy Fence
Water View Y/N No
Lot Dimensions 100.00 x 100.00
Lot Size Acres 0.23
Road Frontage Length 100
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

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 Land Average in 19971

Price
AVG $1.61M
$1.45M
Visits
AVG 398
105
Data Provided by Inside Real Estate®

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