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38131 West Drive #726, Rehoboth Beach, DE 19971-1778 $550,000

Beds/Baths: 2/2
Acreage:
Age:27 years
Style:
Coastal
MLS#: DESU2057750
Subdivision: Spring Lake
Design/Type:
Unit/Flat/Apartment

Description

Welcome to Spring Lake, a coveted community just 5 blocks to the beach, sited between Rehoboth and Dewey Beaches within easy reach on foot or by bike. The 2BR, 2BA unit being offered is in Phase VII, tucked back on perhaps the quietest street in the community, and directly across from the wooded access to Thompson Island Trail leading to the bay! This unit is on the 2nd floor of a 2-story building, accessed by a private enclosed flight of stairs. Upstairs opens into the Great Room and kitchen that feature vaulted ceilings, large windows and doors leading to the sizable Eastern facing deck with expansive views of the pond and surrounding green spaces. The Great Room has a gas fireplace with mantel and has adjacent built in cabinetry. The kitchen is white and bright, with a raised counter for seating if desired, and opens to the Great Room, ideal for entertaining. Behind closed doors at the top of the stairs is a double wide closet which is organized as an office space. Mannington hardwood floors are throughout the Great Room, kitchen and hallway, as well as on the stairway accessing the unit. The hallway leads to two spacious bedrooms, with windows looking across to the wooded Thompson Trail, state parkland, never to be developed. The Primary bedroom has an ensuite bath with shower. A second bath, across from the guest bedroom, features a tub/shower combination. The laundry area includes full size, side by side, washer and dryer. A pull-down stair in the laundry room accesses the partially floored attic, perfect for additional storage. An additional storage area is located at the entry to the unit, perfect for bikes, beach chairs and toys! Exterior maintenance of the unit itself, as well as landscaping is covered by the Condominium Association, giving you freedom to enjoy your time at the beach. While this unit has never been rented by the current owner, rentals are permitted in Phase VII for the buyer looking for an investment.

Taxes: $1,379
Home Assoc: No
Condo Assoc: $1,020/Quarterly
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Water
Water Oriented: Yes; Water Front: No; Water Access: No; Water Body Type: Pond; Navigable: No;

Utilities
Forced Air Heating, Heat Pump(s), Electric, Ceiling Fan(s), Central A/C, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Main Floor Laundry, Washer In Unit, Cable TV Available, Phone Available, Propane - Community

Garage/Parking
Parking Lot, Assigned Parking, Paved Parking

Interior
Attic, Built-Ins, Carpet, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Skylight(s), Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, Vinyl Flooring, Fireplace - Glass Doors, Gas/Propane Fireplace, Mantel(s), , Dry Wall, Vaulted Ceilings, Window Screens, Skylights, Storm Windows, Sliding Windows, Sliding Glass Doors, Storm Doors, Motion Detectors, Security System

Exterior
Architectural Shingle Roof, Cedar Exterior, Stick Built Exterior, Deck(s), Secure Storage, Sidewalks, Fenced Pool, In Ground Pool

Lot
Pond, Pond View, Scenic Vista View, Trees/Woods View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.41 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.53 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.31 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.98 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Monument Sotheby's International Realty , (302) 227-6767, justin.healy@msir.net

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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/27/2024.

38131 West Drive #726, Rehoboth Beach, DE 19971-1778

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