Saint Louis Dewey Beach Delaware
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20 SAINT LOUIS
Dewey Beach, Sussex, Delaware 19971

MLS #: DESU2022494

Living Sq. Ft.

1508

Year Built

1957

Price

$3,525,000


Mls Status: ACTIVE

Property Type: Single Family

List Price: $3,525,000

Bedrooms: 4

Full Baths: 2

List Date: 05-26-2022

Year Built: 1957

Age Qualified: N

Annual Taxes: $2,286

Street Suffix: STREET

In City Limits: Y

Sewer: Public Sewer

Pool: None

Waterfront: Ocean

View: Garden/Lawn, Street

School District: Cape Henlopen

Acceptable Financing: Cash,Conventional

Heating Fuel: Electric

Total Garage And Parking Spaces: 3

Cooling Fuel: Electric

Price Per Square Foot: $2,337.53

Lot Sq. Feet: 7,405

Foundation: Crawl Space

Map Section: East Of Rt. 1

City Taxes: $850

Rental Income: $93,700

Lot Size Acres: 0.17

Community: Rehoboth By The Sea

Ownership: Fee Simple

Building Style: Frame,Shingle Siding

Longitude & Latitude: 38.69848000 -75.07508000

Property Description

Extremely rare, fee simple (you own the land!) one-of-a-kind oversized lot in coveted Rehoboth-by-the-Sea in North Dewey Beach. This 75x100 foot property is only four houses from the beach! A Huge Bonus is the adorable 4 bedroom/2 bath year-round home with excellent rental history ($90K plus). If buyers wish to expand AT THEIR EXPENSE, there is a shovel-ready, approved and permitted plan (photos attached) for an amazing 2 story addition, increasing home size to approximately 4,700 square feet including 10 bedrooms and 10 baths! Current estimate for construction is approx. $950K- $1million. For under $5 million total investment, this would be a one-of-a kind, resort-style home w/open floor plan, including huge porches, outdoor spaces and inground pool and pool cabana on the beach block! There will also be a small basement. If you decide to build the addition, your rental income would increase to approximately $20-22K per week ($250-$300K per year annually) based on current comps. (Or you can build smaller or use as is!) Architectural plans included with sale.

20 SAINT LOUISSAINT LOUIS, Dewey Beach, Delaware
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MLS Listing #: DESU2022494
Asking Price: $3,525,000
Community: Rehoboth By The Sea

Address: 20 SAINT LOUISSAINT LOUIS
Dewey Beach, Sussex, Delaware 19971
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Extremely rare, fee simple (you own the land!) one-of-a-kind oversized lot in coveted Rehoboth-by-the-Sea in North Dewey Beach. This 75x100 foot property is only four houses from the beach! A Huge Bonus is the adorable 4 bedroom/2 bath year-round home with excellent rental history ($90K plus). If buyers wish to expand AT THEIR EXPENSE, there is a shovel-ready, approved and permitted plan (photos attached) for an amazing 2 story addition, increasing home size to approximately 4,700 square feet including 10 bedrooms and 10 baths! Current estimate for construction is approx. $950K- $1million. For under $5 million total investment, this would be a one-of-a kind, resort-style home w/open floor plan, including huge porches, outdoor spaces and inground pool and pool cabana on the beach block! There will also be a small basement. If you decide to build the addition, your rental income would increase to approximately $20-22K per week ($250-$300K per year annually) based on current comps. (Or you can build smaller or use as is!) Architectural plans included with sale.


ACTIVE
Beds: 4
Baths: 2
Year Built: 1957
Dwelling SqFt: 1508
Lot Acres: 0.17
Foundation: Crawl Space
Waterfront: Ocean
View: Garden/Lawn, Street
Section: East Of Rt. 1
School District: Cape Henlopen
Property: Single Family
 
TAXES & FEES are ANNUAL AMOUNTS unless otherwise noted
City Tax: $850
County Tax: $136
Rental Income: $93,700
Land Lease Years: 0
 

Roofing

Architectural Shingle

Lot Features

No Thru Street,Backs To Trees,Landscaping

Exterior type

Frame, Shingle Siding

Exterior Features

Outside Shower, Secure Storage

Cooling

Heat Pump(s), Central A/C

Heating

Heat Pump(s)

Water

Public

Sewer

Public Sewer

Style

Detached

Interior Features

Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Table Space, Tub Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Walk-in Closet(s), Wood Floors

Flooring

Hardwood

Other Rooms

Living Room, Dining Room, Kitchen, Primary Bedroom, Bathroom 1, Laundry, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Sun/Florida Room

Appliances

Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Stove, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Electric

Parking

Driveway

Fireplace

Brick, Wood

Days On Market

125


20 SAINT LOUISSAINT LOUIS Dewey Beach, Sussex, Delaware 19971
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