5 months on rocket

48 Ocean Dr, Rehoboth Beach, DE, 19971

$4,999,000

5 Bedrooms
4 Full Baths
2,770 SqFt
$1,805/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
ParkingDriveway
Year Built1969
HeatingENERGY STAR Qualified Equipment
CoolingCentral Air
ViewOcean
MLS #DESU2063646
Lot Size0.22 Acres
StatusActive
(ACTIVE)

About 48 Ocean Dr

A must see & truly one of a kind oceanfront townhome in the highly desirable neighborhood of North Shores in Rehoboth Beach. This end unit has been fully renovated from the studs out. The open floor plan on the main level flows from the beautiful oceanfront views to wonderful sunsets. Depending on how you want the layout to work for you it can be 5 to 6 bedrooms with 4 full bathrooms, stunning gourmet kitchen , wonderful one of a kind bathrooms and a oceanfront deck to enjoy and relax on with family and friends. Enjoy the beach and all the community has to offer with private beach, tennis courts and a swimming pool. Just a pedal away is the world class Gordon's Pond bike trail through the Delaware State Park. Call today for your private tour.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1969
  • Stories: 3
  • Living Area: 2,770 SqFt

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: TJARK BATEMAN

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Hardwood, Ceramic Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Ocean

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head down Ocean Dr in North Shores and townhomes will be on your right ( Oceanside) It is the last one on the left. Most Northern one.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,999,000
  • Price Per SqFt: $1,805/SqFt

HOA Fees:

  • Amount: $3000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,432
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$744K

Med. Price/SqFt

$356

Avg. Days On Market

23

# of Sold Homes

29

48 Ocean Dr vs Rehoboth Beach

152 DAYS ON ROCKET

+129 Days

$4,999,000

+$4.2M More

$1,805/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1.4K/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: #DESU2063646

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: TJARK BATEMAN

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: 11/18/2024, 4:20:54 PM 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$2,432$51,650
2020$2,424$51,650
2018$2,268$51,650
2017$2,172$51,650

History based on county public records data.

Payment Calculator

$25.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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-851109
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.88 miles

  • Public District Grades KG-5

school-card-donut-851110
9
/10
  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.13 miles

  • Public District Grades KG-5

school-card-donut-851111
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 4.30 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,000. Residents of Rehoboth Beach, DE typically earn $200k+ each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

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 48 Ocean Dr

What is the listing price of this property?

The listing price of 48 Ocean Dr property is $4,999,000.

What type of property is this?

The property 48 Ocean Dr is a townhouse located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 48 Ocean Dr 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 $2,432 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 48 Ocean Dr has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 48 Ocean Dr is 2,770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 Ocean Dr is 1969.
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Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›48 Ocean Dr

This home is located at 48 Ocean Dr in Rehoboth Beach, DE and zip code 19971. This 2,770 square foot home, which was built in 1969, sits on a 0.22 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $4,999,000.

In October 2024, from all listings sold in Rehoboth Beach, DE there were more than 10 sold above asking price, over 12 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Rehoboth Beach, DE between September 2024 and October 2024 increased by 11.7%. While the average time on the market in October 2024 was 23 days, the median list price was $744,000.

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

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