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For sale
  • $4,095,000

    3 Laurel St, Rehoboth Beach, DE 19971

    5beds
    2,500sqft
    : 
    $23,669/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    5,000 Square Feet Lot
    $3,872,600 Zestimate®
    $1,638/sqft
    $-- HOA

    What's special

    Stacked stone gas fireplacePrivacy fencingOutdoor showerPella windowsComposite deckingOcean block homeSunken laundry room
    Whether you're an investor looking for a Rental Machine or looking for your personal ocean block oasis 3 Laurel Street will deliver! Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. Currently being used as rental property, the home has grossed over $200,000 the last 2 rental seasons and is already at $235,000+ for 2026 with peak weeks renting for $15,000! The furnishings and tvs are negotiable making this property perfect for investors looking for a turn key income producing property. Close before summer and collective the income at closing! This home is much more than just a rental property and checks all of the boxes for buyers who are looking for a luxury home with incredible ocean views and a short walk to all of the attractions Rehoboth Beach has to offer. This magnificent 2,500sqft beach house is only 150 feet from the beach and boardwalk with Ocean views from all rooms on the front of the house. Tons of outdoor space to take in the sights and sounds of Rehoboth Beach from the front porch, by the pool or the second floor deck. The spacious well thought out great room has incredible attention to detail such as exposed beams, stacked stone gas fireplace, and sustainable hardwood floors that carry throughout the entire house. The open floor plan is tied together perfectly with 10 ft ceilings, Pella windows and gorgeous craftsman trim everywhere you look.Cooking dinner for all of your guests will be a delight in the chef s kitchen with quartz counters, stainless steel Kitchen Aid appliances, 48 inch gas range and oversized French door refrigerator/freezer. All 5 of the spacious ensuite bedrooms feature tiled bathrooms with frameless glass showers. The third floor suite is embellished with exposed beams and a cathedral ceiling. This home truly has it all; a sunken laundry room, pantry closet, easy access to a conditioned crawl space, split system HVAC and 2 tankless hot water heaters. Exterior features include a paver front porch, backyard paver patio with pool, privacy fencing, outdoor shower, cedar impression siding and stone, composite decking, irrigation system and parking for 2 cars.This South Rehoboth masterpiece is only steps to the ocean, 4 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants.
    3 days
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    695
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    23
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JORDAN GEYER 302-227-3883,

    Jack Lingo - Rehoboth (302) 227-3883

    Source: Bright MLS,MLS#: DESU2118150MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Tankless Water Heater
      Features
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas/Propane
      Interior area
      • Total structure area: 2,500
      • Total interior livable area: 2,500 sqft
      • Finished area above ground: 2,500

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two and One Half
      • Stories: 2.5
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Fencing: Vinyl
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Oceanblock, Ocean
      • Body of water: Atlantic Ocean
      Lot
      • Size: 5,000 Square Feet
      • Dimensions: 50 x 100
      Details
      • Additional structures: Above Grade
      • Parcel number: 33414.1895.01
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Shingle Siding, Stick Built, Tile, Vinyl Siding, Stone
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: South Rehoboth
      HOA
      • Has HOA: No
      Location
      • Region: Rehoboth Beach

      Financial & listing details

      • Price per square foot: $1,638/sqft
      • Tax assessed value: $2,254,000
      • Annual tax amount: $1,134
      • Date on market: 8/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: Furniture And Tv Negotiable.
      • Ownership: Fee Simple
      • Total actual rent: 235000

        Estimated market value

        $3,872,600

        $3.68M - $4.07M

        $3,013/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$4,095,000-4.7%$1,638/sqft
        Source: Bright MLS #DESU2118150 Report a problem
        5/29/2026Listing removed$4,295,000$1,718/sqft
        Source: Bright MLS #DESU2087390 Report a problem
        1/16/2026Price change$4,295,000-2.4%$1,718/sqft
        Source: Bright MLS #DESU2087390 Report a problem
        10/7/2025Price change$4,399,000-2.2%$1,760/sqft
        Source: Bright MLS #DESU2087390 Report a problem
        9/10/2025Price change$4,499,000-2.2%$1,800/sqft
        Source: Bright MLS #DESU2087390 Report a problem
        5/28/2025Listed for sale$4,599,000+170.5%$1,840/sqft
        Source: Bright MLS #DESU2087390 Report a problem
        5/18/2023Sold$1,700,000-5.3%$680/sqft
        Source: Bright MLS #DESU2024544 Report a problem
        1/21/2023Pending sale$1,795,000$718/sqft
        Source: Bright MLS #DESU2024544 Report a problem
        11/17/2022Price change$1,795,000-5.3%$718/sqft
        Source: Bright MLS #DESU2024544 Report a problem
        9/23/2022Price change$1,895,000-5%$758/sqft
        Source: Bright MLS #DESU2024544 Report a problem
        7/2/2022Listed for sale$1,995,000$798/sqft
        Source: Bright MLS #DESU2024544 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,760 +98.7%$1,127,000 +2218.9%
        2024$2,395 +193%$48,600 +192.8%
        2023$817 +3.6%$16,600
        2022$789 +0.9%$16,600
        2021$782 +0.3%$16,600
        2020$779 $16,600
        2019$779 +0.8%$16,600
        2018$773 +6%$16,600
        2017$729 +9.9%$16,600
        2016$663 +4.7%$16,600
        2015$634 +0.7%$16,600
        2014$629 +2.9%$16,600
        2013$611 +0.4%$16,600
        2012$609 +11.9%$16,600
        2011$544 $16,600
        2010$544 -3%$16,600
        2009$561 $16,600
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
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        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 19971

        Getting around

        65 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cape Henlopen

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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