It's all about location! Welcome to 38183 Terrace Rd, Silver Lake Manor, Rehoboth Beach. Ideally located, this 3bd/2ba single family home offers an easy bike ride to Rehoboth or an easy walk into Dewey. The home features an open floorplan that's great for entertaining. The home has five French double glass entrance doors with transom windows that's provide brilliant sunshine that brightens the home's interior. Casement windows, recessed lighting, ceiling fans (8) in every room and both porches, gas fireplace, custom colors, together create a warm beachy feeling. Hardwood floors are throughout the 1st floor. The kitchen boasts stainless appliances, glass faced cabinets, ceiling fan and recessed lights. The bonus room behind the kitchen can be used as a dining room, office, great room and offers access through the double glass doors to the rear screened porch. The entire 2nd floor is carpet. Both of the full baths have tile floors and tile baths. The exterior of the home excites you with a very private back yard, mature trees, professional landscaping and off street parking. The two huge porches (18 x 13) both have 13.5' high vaulted ceilings and could easily be converted into additional living space creating additional sq' to the home. This is an excellent opportunity whether it's your primary beach home, investment rental or your 2nd beach home, this location offers easy access to all of the resorts activities.
Sold for $1,185,000 on 12/22/25
$1,185,000
38183 Terrace Rd, Rehoboth Beach, DE 19971
3beds
1,400sqft
Single Family Residence
Built in 2002
5,663 Square Feet Lot
$1,185,100 Zestimate®
$846/sqft
$2,464 Estimated rent
Home value
$1,185,100
$1.13M - $1.24M
$2,464/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 03, 2026 at 05:43am
Listed by:
JOSEPH CHOMA 302-381-5602,
Berkshire Hathaway HomeServices PenFed Realty
Bought with:
Lee Ann Wilkinson, RA-0002064
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: DESU2099778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Screened porch
- Level: Main
Screened porch
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Oven/Range - Gas, Electric Water Heater
- Laundry: Upper Level
Features
- Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Family Room Off Kitchen, Dining Area, Open Floorplan, Kitchen - Galley, Dry Wall
- Flooring: Carpet, Ceramic Tile, Hardwood
- Doors: Insulated, Double Entry, French Doors
- Windows: Casement, Insulated Windows, Energy Efficient, Sliding, Screens
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Crushed Stone, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Screened, Screened Porch
- Exterior features: Extensive Hardscape, Rain Gutters
- Pool features: None
- Fencing: Wood,Decorative
- Waterfront features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Beach Access, Sail, Swimming Allowed, Waterski/Wakeboard, Ocean
- Body of water: Atlantic Ocean
Lot
- Size: 5,663 sqft
- Dimensions: 50.00 x 116.00
- Features: Private, Rear Yard, SideYard(s)
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 33420.0913.00
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stick Built, Wood Siding
- Foundation: Crawl Space, Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rehoboth Beach
- Subdivision: Silver Lake Manor
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Negotiable
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | $1,185,000-5.2%$846/sqft |
Source:  Bright MLS #DESU2099778 Report a problem | ||
| 11/15/2025 | Contingent | $1,250,000$893/sqft |
Source: Bright MLS #DESU2099778 Report a problem | ||
| 11/4/2025 | Listed for sale | $1,250,000+72.4%$893/sqft |
Source: Bright MLS #DESU2099778 Report a problem | ||
| 2/8/2020 | Listing removed | $900$1/sqft |
Source: RE/MAX Realty Group Rehoboth #DESU155038 Report a problem | ||
| 1/30/2020 | Listed for rent | $900$1/sqft |
Source: RE/MAX Realty Group Rehoboth #DESU155038 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,415 +0.1% | $22,250 |
| 2023 | $1,414 +2.8% | $22,250 |
| 2022 | $1,376 +0.7% | $22,250 |
Find assessor info on the county website
Neighborhood: 19971
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- High: Cape Henlopen
- 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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$1,185,100
2% more+ $23,702
With Zillow Showcase(estimated)
$1,208,802