22 Cedar Rd,
Rehoboth Beach, De 19971 $2,395,000

PRICE REDCUED!!! Prime oceanblock real estate in North Shores. Large 75' x 125' wooded lot located just 10 houses from the pristine, private beaches of North Shores. Improved by 3 bedroom, 2 bath home with vaulted ceilings and spacious rear porch. Community recreational facilities include a magnificent pool, tennis courts, clubhouse, marina and security. Private residential setting and yet just a short walk or bike ride to the Rehoboth Boardwalk, many fine restaurants, shopping, Funland, entertainment, Cape Henlopen State Park bike trails, and much more. Rental income of $27,000 in place for summer of 2024. Opportunity to collect rental income while designing and permitting for remodel or new home construction start in the Fall. Excellent candidate for a 1031 exchange. Additional community information available at northshores.net

Essentials

MLS Number
Desu2055090
List Price
$2,395,000
Bedrooms
3
Full Baths
2
Standard Status
Active
Year Built
1970
New Construction
N
Property Type
Residential
Waterfront
N

Interior

Heating
Heat Pump - Oil Backup
Heating Fuel
Oil
Cooling
Heat Pump(s)
Hot Water
Electric
Fireplace
Y
Square Footage
0

Exterior

Architectural Style
Ranch/rambler
Construction Materials
Frame, stick Built
Foundation Details
Crawl Space, block

Location

Address
22 Cedar Rd, Rehoboth Beach, De
Subdivision Name
North Shores
Acres
0.21
Lot Size Dimensions
75.00 X 125.00
MLS Area
Lewes Rehoboth Hundred (31009)

Interior Features

    Appliances

    • Built-In Range
    • Dishwasher
    • Disposal
    • Microwave
    • Dryer - Electric
    • Water Heater
    • Washer
    • Refrigerator

    Additional Information

    HOA Fee
    $2,800
    SchoolDistrictName
    Cape Henlopen
    Sewer Septic
    Public Sewer
    Tax Annual Amount
    $1,512
    Water Source
    Public
    Listing courtesy of Cape Realty.