New construction

$2,497,000

38149 Terrace Rd, Rehoboth Beach, DE 19971

4beds

--sqft

$14,591/mo

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Single Family Residence

Built in ----

0.25 Acres Lot

$2,419,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Wood-burning fireplaceStainless steel appliancesFirst-floor primary suiteSpacious great roomFour-plus-bedroom home

Brand-new, four-plus-bedroom home built by Capstone Homes, tucked away in a quiet area east of Coastal Highway, offering the convenience of walking or biking to the beach. The thoughtfully designed floor plan features a first-floor primary suite, a chef’s kitchen with quartz countertops and stainless steel appliances, and impressive 10-foot ceilings. The spacious great room includes a wood-burning fireplace, creating a warm and inviting gathering space. Upstairs, you’ll find three additional bedrooms along with a second living area, providing plenty of space for family and guests. A covered porch overlooks the pool, offering the perfect spot to relax and enjoy the outdoors. The unfinished basement provides additional flexibility for a home gym, fitness area, storage, or future living space. Estimated Completion Date around mid December

35 days
209
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 1

Basement

Area: 0

Heating

Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Double Oven, Stainless Steel Appliance(s), Washer, Tankless Water Heater, Microwave, Dishwasher, Dryer, Disposal, Water Heater
Laundry: Main Level

Features

Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan, Kitchen Island, Walk-In Closet(s)
Flooring: Carpet
Basement: Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 0
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Has private pool: Yes
Pool features: Private
Fencing: Vinyl

Lot

Size: 0.25 Acres
Dimensions: 50 x 100

Details

Additional structures: Above Grade, Below Grade
Parcel number: 33420.099.00
Zoning: MR
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Stick Built
Foundation: Block

Condition

Excellent
New construction: Yes

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Silver Lake Manor

HOA

Has HOA: No

Location

Region: Rehoboth Beach

Financial & listing details

Tax assessed value: $865,400
Annual tax amount: $1,545
Date on market: 8/27/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

$2,419,000

$2.30M - $2.54M

$2,785/mo

Price history

Date	Event	Price
8/27/2026	Listed for sale	$2,497,000+75.2%
Source: Bright MLS #DESU2119272 Report a problem
6/25/2025	Sold	$1,425,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,783 -2.1%	$432,700 +1029.8%
2024	$2,843 +0.1%	$38,300
2023	$2,842 +2.4%	$38,300
2022	$2,776 +0.6%	$38,300
2021	$2,759 +0.3%	$38,300
2020	$2,751	$38,300
2019	$2,751 +2.3%	$38,300
2018	$2,689 +59.9%	$38,300
2017	$1,682 +4.8%	$38,300
2016	$1,605 +4.4%	$38,300
2015	$1,537 +0.7%	$38,300
2014	$1,526 +2.8%	$38,300
2013	$1,485 -10.5%	$38,300
2012	$1,660 +9.4%	$38,300
2011	$1,517	$38,300
2010	$1,517 -2.5%	$38,300
2009	$1,555	$38,300
2003	--	--
2002	--	--
2001	--	--