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103 Carolina Street

Dewey Beach, DE 19971

4 beds
4 baths
– sqft
4,791 sqft lot
1964 build

Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories. The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a “kids” room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018. Outside the master bedroom, there’s a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower and hot tub. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings. The property has a remaining 52-year land lease and is being sold turnkey, with $105,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week – rent 2.5 weeks and pay your entire annual land lease! This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.

Listing courtesy of BRIGHT / Monument Sotheby's International Realty

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# DESU2073330 —

The Building

Year Built:

1964
Year Built Source:

Estimated
Year Major Reno/Remodel:

2018
New Construction:

No
Construction Materials:

Vinyl Siding, CPVC/PVC, Stick Built, Wood Siding
Building Name:

None Available
Structure Type:

Detached
Architectural Style:

Coastal, Cottage, Mid-Century Modern
Levels:

1
Main Entrance:

South
Entry Floor Number:

1
Accessibility Features:

Entry Slope <1', Level Entry - Main
Foundation Details:

Crawl Space
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor

Interior

Floors In Unit:

1
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Living Area SqFt:

0 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

0-30 Days CD

Location

Directions:

After passing Silver Lake on King Charles Avenue, make second right onto Carolina. Home is on immediate right.
Cross Street:

King Charles
Latitude:

38.70219000
Longitude:

-75.07667000

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

0.11
Lot Size Source:

Estimated
Lot Size Dimensions:

50.00 x 100.00
Lot Dimensions Source:

Assessor
Lot SqFt:

4,791 Sqft
Exclusions:

Personal items, Beds, Photos, Wood Cabinet in Dining area
Zoning:

RN
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

999
Land Lease Years Remaining:

52
Land Lease Amount:

25000.00
Land Lease Amount Frequency:

Annually
Ground Rent Exists:

Yes
Ground Rent Years Remaining:

52
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

334-20.10-89.00
Tax Year:

2024
Tax Annual Amount:

$488
Year Assessed:

2024
School Tax:

448.0
County Tax:

40.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

4
Bedrooms Main Level:

4

Baths

Total Baths:

4
Full Baths:

3
Half Baths:

1
Main Level Baths:

4.00
Main Level Full Baths:

3
Main Level Half Baths:

1

Heating & Cooling

Cooling Type:

Heat Pump(s), Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump - Electric BackUp, Central
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

Elementary School:

Rehoboth
Middle School:

Beacon
High School:

CAPE HENLOPEN
School District Name:

Cape Henlopen
School District Source:

Listing Agent

The Community

Subdivision Name:

Rehoboth By The Sea
Senior Community:

No
Pool:

No Pool
Association Recreation Fee:

No
HOA:

No
Condo/Coop Association:

No
Municipal Trash:

Yes
Transportation:

Bus Stop less than 1 mile

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Driveway, Off Street
Driveway - # of Spaces:

2

Extra Units

Vacation Rental:

Yes

Monthly cost estimate

Asking price

$2,075,000

Expense	Monthly cost
Mortgage	$11,110
Taxes	$40
Insurance	$570
Utilities	N/A
Total	$11,720/mo.^*
	^*This is an estimate

Explore the Area

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From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/26/24 Oct 26, 2024	Listed / Active	BRIGHT	$2,075,000

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This house located in Dewey Beach, DE 19971 is currently for sale for $2,075,000. 103 Carolina Street is a – square foot house with 4 beds and 4 baths. This house is in the attendance area of Mariner Middle School and Cape Henlopen High School.

Listing Courtesy of: BRIGHT and Monument Sotheby's International Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.