Incredible opportunity to have your dream home on a quarter-acre, private corner waterfront parcel in beautiful Bay Vista! Just over a mile from downtown Rehoboth Beach, this unique oversized lot measures 101’ x 125’ and features protected, million-dollar views all the way to Thompson Island, Dewey Beach, and Rehoboth Bay. The existing residence is a block bungalow configured as a 2-bedroom 1-bath cottage adjoined to a 1-bedroom and bath guest unit. Use the existing structure while you develop plans or rent one or both units. With no HOA or rental restrictions, this is an unparalleled opportunity to own a premium parcel with direct water access, a boater and birder's paradise! Offering both seclusion and convenience, with 3 private docks already in place, the possibilities for enjoying waterfront living are endless. Launch your boat or kayak for a day of exploring Rehoboth Bay, or simply relax by the canal as you take in the stunning views. This lot provides a unique foundation for a lifestyle filled with adventure and tranquility. Whether you're an investor or looking to build your forever home, this is a rare value...a chance to secure a prime improved waterfront lot with immense potential. Don't miss the opportunity to craft your own oasis! Embrace the coastal lifestyle of this hidden treasure.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (302) 360-0300
Listing Agent: Terry Stinson
Exterior Features
Exterior Information:
View: Canal, Panoramic, Trees/Woods
Lot Features
Lot Information:
Lot Size: 0.25 Acres
Other
Directions Information:
Directions: From Rt 1 South at Big Fish Grill, turn right onto Bay Vista Road. Proceed 3/4 mile to 5th Street turning left. Property is the last one on the right bordering the residential canal.
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Tax Information:
Annual Amount: $895
Tax Year: 2021
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 Rehoboth Beach, DE.
This property is $470K more than the Median Sold Price in Rehoboth Beach, DE.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DESU2072570
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (302) 360-0300
Listing Agent: Terry Stinson
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Rehoboth Elementary School
500 Stockley St
Distance between this listing and this school0.93 miles
Public District Grades KG-5
9
/10
Love Creek Elementary School
19488 John J Williams Hwy
Distance between this listing and this school3.25 miles
Public District Grades KG-5
8
/10
Shields (Richard A.) Elementary School
910 Shields Ave
Distance between this listing and this school5.57 miles
Public District Grades KG-5
Nearby Schools
7
/10
Beacon Middle School
19483 John J Williams Hwy
Distance between this listing and this school3.02 miles
Public District Grades 6-8
5
/10
Mariner Middle School
16391 Harbeson Rd
Distance between this listing and this school12.50 miles
Public District Grades 6-8
3
/10
Millsboro Middle School
302 E State St
Distance between this listing and this school12.69 miles
Public District Grades 6-8
Nearby Schools
5
/10
Cape Henlopen High School
1250 Kings Hwy
Distance between this listing and this school5.03 miles
Public District Grades 9-12
5
/10
Indian River High School
29772 Armory Rd
Distance between this listing and this school12.91 miles
Public District Grades 9-12
3
/10
Sussex Central High School
26026 Patriots Way
Distance between this listing and this school13.20 miles
The neighbors living near this home have an average income of $85,061. Typical income of Rehoboth Beach, DE residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Rehoboth Beach, DE
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Rehoboth Beach, DE?
Rehoboth Beach offers a diverse array of housing options, with a significant portion of the market comprised of single-family homes that feature a mix of contemporary, beach cottage, and colonial architectural styles. Condominiums and townhouses are also prevalent, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a steady growth in housing developments, particularly with waterfront and beach-adjacent properties being highly sought after.
Is Rehoboth Beach, DE a good place to live?
Rehoboth Beach is celebrated for its vibrant coastal charm and friendly community atmosphere. The town prides itself on its beautiful beaches, boardwalk, and a variety of shops and eateries that contribute to its character as a beloved summer destination. Annual events like the Rehoboth Beach Independent Film Festival and the Sea Witch Festival reflect the town's cultural identity and draw visitors from across the region.
Are things conveniently located in Rehoboth Beach, DE?
The community is served by a number of public schools, offering educational opportunities for children of all ages. Healthcare is accessible through local clinics and the nearby Beebe Healthcare, which provides comprehensive medical services. The Rehoboth Beach Public Library serves as a cultural hub, and the town's array of boutique shops and restaurants cater to both local and seasonal populations, reflecting the area's culinary diversity and artistic flair.
What does the transportation in Rehoboth Beach, DE look like?
Transportation in Rehoboth Beach includes a mix of private and public options, with local buses serving the area and connecting residents to nearby towns. The town is known for its walkable downtown area, making it easy for residents and visitors to navigate the main attractions on foot. For those commuting by car, Coastal Highway provides a direct route to neighboring cities and attractions. The area is also bike-friendly, with several paths and trails available for cycling enthusiasts.
Frequently Asked Questions About 37430 5th St
What is the listing price of this property?
The listing price of 37430 5th St property is $1,250,000.
What type of property is this?
The property 37430 5th St is land located in Rehoboth Beach, Delaware, 19971.
Is this property for sale now?
Active Listing: 37430 5th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $895 (source: MLS/based on county public records data).
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This home is located at 37430 5th St in Rehoboth Beach, DE and zip code 19971. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,250,000.
Rehoboth Beach, DE housing market in November 2024 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. The number of homes for sale in Rehoboth Beach, DE increased by 3.6% between October 2024 and November 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $780,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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