114 CHESAPEAKE ST Under Contract Save Request In-Person Tour Request Virtual Tour
Dewey Beach,DE 19971
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,075
Subdivision Rehoboth By The Sea
MLS Listing ID DESU2097676
Style Other
Bedrooms 4
Full Baths 3
Year Built 1960
Annual Tax Amount $1,467
Tax Year 2025
Lot Size 4,792 Sqft
Property Sub-Type Detached
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!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Rooms
Other Rooms Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 1
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling Central A/C
Flooring Hardwood
Fireplaces Number 1
Inclusions Washer dryer, pool equipment (pool pump new 2025) , kitchen appliances, ceiling fans, screens (where applicable) window treatments,
Equipment Dishwasher,Dryer - Electric,Extra Refrigerator/Freezer,Range Hood,Microwave,Refrigerator,Washer,Water Heater
Laundry Main Floor
Exterior
Exterior Feature Porch(es),Patio(s)
Garage Spaces 2.0
Fence Privacy
Pool Heated,In Ground,Saltwater
Utilities Available Above Ground
Water Access N
Roof Type Asbestos Shingle
Building
Story 1
Foundation Slab,Block
Sewer Public Sewer
Water Public
Structure Type Beamed Ceilings
New Construction N
Schools
High Schools Cape Henlopen
School District Cape Henlopen
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard