12 days on rocket

40 Beach Ave, Rehoboth Beach, DE, 19971

$4,799,000

7 Bedrooms
7 Full Baths, 1 Partial
4,200 SqFt
$1,143/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Garage - Front Entry, Inside Access, Driveway, Attached Garage
Garage1 space
Year Built2024
HeatingHeat Pump
CoolingCentral Air
MLS #DESU2074170
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 40 Beach Ave

Introducing 40 Beach Avenue – a modern masterpiece on the ocean block of private North Indian Beach. This new home, crafted by Lane Builders in 2024, is being sold furnished and features 7 bedrooms, 7.5 baths, and 4200+/- square feet of finished indoor space spanning across 4 luxurious levels. What’s more, you’ll enjoy breathtaking views of the Rehoboth Bay and the Atlantic Ocean from your expansive Duradek rooftop deck. Every inch of this home has been customized to perfection, including custom millwork throughout, multiple wet bars, customized bathroom and kitchen cabinetry, and soft close cavity pocket doors. An upgraded lighting and electronics package by Overture Ultimate Home Electronics includes low voltage recessed lighting throughout, customizable keypads, Paradigm ceiling speakers on the fourth level, LED/OLED Sony TVs, and more. An elevator services every floor from the garage to the rooftop deck. The first level of the home features porcelain tile flooring throughout, a bedroom, bathroom with tiled shower, rec room, and wet bar with custom tile. A nod to the history of the North Indian Beach community is incorporated into the brick wall of the entryway – reclaimed from the original beach cottage that once stood on this lot. The second and third level each have 3 bedrooms with 3 ensuite bathrooms, a washer and dryer, and a tech station. The primary bathroom on the third level is wheelchair accessible with a zero-threshold shower. The living and dining area and the gourmet kitchen are on the fourth level of this state-of-the-art home – all with views of the Rehoboth Bay. The kitchen is a chef’s dream, featuring Vadara Quartz countertops with built-up edges, an 8-burner Wolf range, XO range hood, pot filler, Ruvati kitchen sinks, KitchenAid stainless steel refrigerator, microwave, wall oven, two dishwashers, a butler’s pantry and a full wet bar with ice maker, wine cooler and beverage refrigerator. There is also a powder room on this level. Steps from the kitchen is the fourth level Duradek deck with outdoor grill, refrigerator, and honed granite countertops. Follow the stairway to the best part of all – the rooftop deck with stunning views of Rehoboth Bay, Dewey Beach, and the Atlantic Ocean. With the unique allowance in North Indian Beach to build to a height of 42 feet, this home has an impressive advantage above and beyond those in neighboring Indian Beach and Dewey Beach, where 35 feet is the max. The rooftop deck has a stub for a future fire pit and wiring for outdoor speakers. It is also structurally sufficient to hold a hot tub. The garage in this home is not to be overlooked. It includes one of the three laundry stations in the home, sink with granite countertop and custom cabinetry, a drying rack, and True brand commercial-size ice machine to make filling up your beach cooler a breeze. It also houses the tank for your fire suppression system and a lead/lag booster pump to ensure consistent water pressure always flows within the home. This unbelievable home is being offered fully furnished and turn-key with high-end furnishings from Universal, Lexington, Fairfield Chair, John Thomas, Braxton Culler, Creative, and Legacy. All design work and furniture selections were done by Barbara Anderson Design and truly capture that high-end, coastal feel. Located in the intimate oceanside enclave of North Indian Beach, you’ll have access to a private, guarded beach and neighborhood security patrol. This community allows one-week rentals, meaning this property isn’t just an incredible coastal getaway for you as a primary or secondary home but also a valuable rental opportunity with the potential for $15,000 per week during prime summer weeks. Walk to everything Dewey Beach has to offer and then retreat to the calm oasis of North Indian Beach when you call 40 Beach Avenue your home away from home! Be sure to view the Drone Video and 3D Virtual Tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: CARRIE LINGO

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Washer, Range, Exhaust Fan, Oven, Gas Range, Range Hood, Refrigerator, Stainless Steel Appliances, Microwave, Stove, Washer/Dryer Stacked, Ice Maker, Oven, Tankless Water Heater
  • Basement: No
  • Flooring Type: Engineered Wood, Tile/Brick
  • Interior: Butlers Pantry, Sound System, Upgraded Countertops, Built-Ins, Ceiling Fan(s), Recessed Lighting, Elevator, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Walk-in Closet(s), Wine Storage, Wood Floors, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Bathroom - Stall Shower, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Wainscotting, Sprinkler System, Wet/Dry Bar, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Roof Deck, BBQ Grill, Lawn Sprinkler, Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Storage Area, Garage - Front Entry, Inside Access, Driveway, Attached Garage

Virtual/3D Tour

  • Virtual Tour: 40 Beach Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Coastal Hwy South

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,799,000
  • Price Per SqFt: $1,143/SqFt

HOA Fees:

  • Amount: $3400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,225
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$780K

Med. Price/SqFt

$361

Avg. Days On Market

49

# of Sold Homes

25

40 Beach Ave vs Rehoboth Beach

12 DAYS ON ROCKET

-37 Days

$4,799,000

+$4.0M More

$1,143/SqFt

+$782 More

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price and $782/SqFt more than other homes in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2074170

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: CARRIE LINGO

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: 12/22/2024, 3:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,225$19,250
2020$1,221$19,250
2018$845$19,250
2017$810$19,250

History based on county public records data.

Payment Calculator

$24.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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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.

Nearby Schools

school-card-donut-855618
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.71 miles

  • Public District Grades KG-5

school-card-donut-855619
9
/10
  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.69 miles

  • Public District Grades KG-5

school-card-donut-855620
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 6.85 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,167. The most common annual income of people living in Rehoboth Beach, DE is between $35k-100k. The most common type of family is 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.

Types of housing 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.

What is it like to live in Rehoboth Beach, DE?

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.

Is it easy to get around Rehoboth Beach, DE without a car?

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.

Transportation in Rehoboth Beach, DE.

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 40 Beach Ave

What is the listing price of this property?

The listing price of 40 Beach Ave property is $4,799,000.

What type of property is this?

The property 40 Beach Ave is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 40 Beach Ave 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 $1,225 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Beach Ave has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Beach Ave is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Beach Ave is 2024.
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Rocket HomesDelawareSussex CountyRehoboth Beach1997140 Beach Ave

This home is located at 40 Beach Ave in Rehoboth Beach, DE and zip code 19971. This 4,200 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $4,799,000.

Over 7 listings were sold over their listed price in November 2024 in Rehoboth Beach, DE. In the same period over 14 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Rehoboth Beach, DE increased by 3.6% between October 2024 and November 2024. In November 2024 median list price was $780,000 and the average listing age was 49 days.

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

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