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Sold for $2,650,000 on 12/12/23
  • $2,650,000

    20 Saint Louis St, Dewey Beach, DE 19971

    4beds
    1,508sqft
    Single Family Residence
    Built in 1957
    7,405 Square Feet Lot
    $2,511,400 Zestimate®
    $1,757/sqft
    $2,560 Estimated rent

    What's special

    Extremely rare, fee simple (you own the land!) one-of-a-kind oversized lot in coveted Rehoboth-by-the-Sea in north Dewey Beach. This 75x100 foot property is only four houses from the beach! A Huge Bonus is the adorable 4 bedroom/2 bath year-round home with excellent rental history ($110K plus a year. $8-$8.5K a week without pool. $11.5K-$12K a week with pool) ). If buyers wish to expand AT THEIR EXPENSE, there is a shovel-ready, approved and permitted plan (photos attached) for an amazing 2 story addition, increasing home size to approximately 4,700 square feet including 10 bedrooms and 10 baths! Current estimate for construction is approx. $1million. For under $4 million total investment, this would be a one-of-a kind, resort-style home w/open floor plan, including huge porches, outdoor spaces and inground pool and pool cabana (additional) on the beach block! Basement optional. If you decide to build the addition, your rental income would increase to approximately $25-30K per week ($325-$400K per year annually) based on current comps. Architectural plans included with sale. Optional construction of 6 bedroom, 4 bath at approximately $750K. Plans also attached. Construction completed in 6 to 8 months,

    Zillow last checked: 7 hours ago

    Listing updated: December 12, 2023 at 08:20am

    Listed by:

    ROBERT WALSH 302-227-8146,

    BAY COAST REALTY,

    Co-Listing Agent: William Ferreri 302-227-8146,

    BAY COAST REALTY

    Bought with:

    CARRIE LINGO, RS-0017885

    Jack Lingo - Lewes

    Source: Bright MLS,MLS#: DESU2049864MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Washer, Oven/Range - Electric, Microwave, Refrigerator, Extra Refrigerator/Freezer, Range Hood, Cooktop, Water Heater, Electric Water Heater
    • Laundry: Has Laundry, Main Level
    Features
    • Attic, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Table Space, Bathroom - Tub Shower, Walk-In Closet(s), Dry Wall
    • Flooring: Hardwood, Wood
    • Windows: Screens
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Brick, Wood Burning
    Interior area
    • Total structure area: 1,508
    • Total interior livable area: 1,508 sqft
    • Finished area above ground: 1,508
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Crushed Stone, Driveway, Off Street, On Street
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Outdoor Shower
    • Pool features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: Garden, Street
    • Waterfront features: Oceanblock, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Beach Access, Sail, Swimming Allowed, Ocean
    • Body of water: Atlantic Ocean
    Lot
    • Size: 7,405 sqft
    • Dimensions: 75.00 x 100.00
    • Features: Additional Lot(s), Backs to Trees, Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Additional parcels included: Half of Lot 18.
    • Parcel number: 33420.14192.00
    • Zoning: TN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal,Cottage,Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Frame, Shingle Siding
    • Foundation: Crawl Space
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Electric: 120/240V
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Cable, Broadband

    Community & neighborhood

    Location
    • Region: Dewey Beach
    • Subdivision: Rehoboth By The Sea

    HOA & financial

    Other financial information
    • Total actual rent: 110000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Black Top
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $2,511,400
    2% more+ $50,228
    With Zillow Showcase(estimated)
    $2,561,628