1 month on rocket

Backup Offers

103 Carolina St, Dewey Beach, DE, 19971

$2,075,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

103 Carolina St, Dewey Beach$2,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1964
HeatingHeat Pump, Central
CoolingHeat Pump, Central Air
MLS #DESU2073330
Lot Size0.11 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 103 Carolina St

Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories. The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a “kids” room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018. Outside the master bedroom, there’s a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings. The property has a remaining 52-year land lease and is being sold turnkey, with $111,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week – rent 2.5 weeks and pay your entire annual land lease! This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Cottage, Mid-Century Modern
  • Year Built: 1964
  • Stories: 1

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (302) 227-6767
  • Listing Agent: Michael Reamy Jr

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air

Other

Directions Information:

  • Directions: After passing Silver Lake on King Charles Avenue, make second right onto Carolina. Home is on immediate right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,075,000

Tax Information:

  • Annual Amount: $789
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Dewey Beach, DE.

Med. Sold Price

$1.0M

Med. Price/SqFt

$746

Avg. Days On Market

10

# of Sold Homes

2

103 Carolina St vs Dewey Beach

56 DAYS ON ROCKET

+46 Days

$2,075,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Dewey Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2073330

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (302) 227-6767
  • Listing Agent: Michael Reamy Jr

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 01, 2017Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2021$789$20,000
2020$787$10,000
2018$439$10,000
2017$841$20,000

History based on county public records data.

Payment Calculator

$10.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,287

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-808287
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-808288
9
/10
  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.19 miles

  • Public District Grades KG-5

school-card-donut-808289
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 5.94 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,274. Most Dewey Beach, DE residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 103 Carolina St

What is the listing price of this property?

The listing price of 103 Carolina St property is $2,075,000.

What type of property is this?

The property 103 Carolina St is a house located in Dewey Beach, Delaware, 19971.

Is this property for sale now?

Accepting Backup Offers: 103 Carolina St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $789 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 1, 2017 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 103 Carolina St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 103 Carolina St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 103 Carolina St is 1964.

Rocket HomesDelawareSussex CountyDewey Beach19971103 Carolina St

This home is located at 103 Carolina St in Dewey Beach, DE and zip code 19971. This home, which was built in 1964, sits on a 0.11 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $2,075,000.

Dewey Beach, DE housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. The number of listings in Dewey Beach, DE decreased by 5.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 10 days, the median list price was $1,025,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources