Welcome to 551 Spring Lake! This beautifully remodeled 2-bedroom condo, plus a versatile loft, is nestled in the sought after 5th phase of Spring Lake, overlooking a serene pond. This bright and inviting end unit is bathed in natural light, enhancing the spacious layout. The kitchen and bathrooms have been nicely updated. The kitchen features granite counters, tiled backsplash and stainless appliances. The main level includes two bedrooms and two bathrooms. The guest room has 2 single Murphy beds, allowing for multiple uses when not designated as a sleeping space. The large loft offers a flexible space which could also be used as a 3rd bedroom. A cozy fireplace adds warmth and ambiance on cooler evenings. Step out onto your private deck to enjoy tranquil pond views - the perfect spot for morning coffee or evening cocktails. Spring Lake is a meticulously maintained, beautifully landscaped community, offering three ponds, walking trails in the Thompson Island Preserve and a community pool. Ideally situated within easy walking distance to the beach and all the lively attractions of Rehoboth Beach and Dewey Beach. This condo presents a perfect blend of comfort, style and convenience. It would be a wonderful vacation home, permanent residence or investment property. Don't miss this opportunity!
Sold for $660,000 on 01/30/25
$660,000
20898 East Dr UNIT 551, Rehoboth Beach, DE 19971
2beds
1,592sqft
Apartment
Built in 1994
-- sqft lot
$660,100 Zestimate®
$415/sqft
$2,302 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 12:23pm
Listed by:
CHRISTINA HAAG 302-226-6612,
Jack Lingo - Rehoboth
Bought with:
CHRISTINA HAAG, RS-001-4869
Jack Lingo - Rehoboth
Source: Bright MLS,MLS#: DESU2074070

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: In Unit
Features
- Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,592
- Total interior livable area: 1,592 sqft
- Finished area above ground: 1,592
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, On Street
- Has uncovered spaces: Yes
- Details: Assigned Parking
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Pool features: Community
Lot
- Size: 36.57 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.001.00551
- Zoning: HR-2
- Special conditions: Standard
Construction
Type & style
- Home type: Apartment
- Architectural style: Other
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Cedar, HardiPlank Type
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rehoboth Beach
- Subdivision: Spring Lake
HOA & financial
Other fees
- Condo and coop fee: $1,450 quarterly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$660,100
2% more+ $13,202
With Zillow Showcase(estimated)
$673,302