5 Read Avenue
Dewey Beach, DE 19971
- 5 beds
- 3 baths
- 2,800 sqft
- 3,755 sqft lot
- $1,062 per sqft
- 1946 build
This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you’ll be able to embrace coastal living with the convenience of walking to the beach whenever you like. One of the standout features of this home is its breathtaking rooftop deck, where you can soak in panoramic views of both the ocean and the bay. Whether it’s morning coffee at sunrise or evening cocktails at sunset, this rooftop escape offers tranquility and charm. The home is also a short walk from the best local restaurants, bars, and entertainment that Dewey Beach has to offer, making it ideal for those who love to experience the vibrant beach community. Inside, you’ll find a completely renovated space designed with modern touches and high-quality materials. The kitchen is a chef’s dream, equipped with stunning granite countertops, all-new stainless steel appliances (with 5-year extended warranties), and upgraded cabinetry that boasts under-cabinet lighting for a sleek and modern beach feel. The luxury vinyl plank flooring throughout the first floor offers an attractive and durable surface, perfect for the sandy beach lifestyle and easy cleaning. Beyond aesthetics, this home has been updated with functional, energy-efficient improvements. A new 80-gallon water heater ensures plenty of hot water for all your guests, and the encapsulated crawlspace, complete with a dehumidifier, adds an extra layer of protection and comfort. New HVAC ductwork ensures consistent heating and cooling throughout the home, while the fresh carpeting on the stairs adds comfort. Additionally, the roof over the kitchen has been replaced, and 15 new windows allow natural light to flood the space. Outdoors, you’ll appreciate the newly installed front trek decking, an ideal spot for morning relaxation or evening socializing. After a long day at the beach, rinse off in the outdoor shower—an essential beach house feature that enhances convenience and cleanliness. This versatile home presents numerous opportunities. Whether you’re looking for a primary residence, a vacation getaway, or a profitable investment property, the possibilities are endless. With a projected rental income of $10,000 to $15,000 per week during the summer months, this home offers tremendous income potential for vacation rentals, especially during peak weeks. With its unbeatable location, thoughtful renovations, and ample living space, this Dewey Beach home is a rare gem that combines the best of beach living with modern luxury. Don't miss your chance to make this extraordinary property your own! Ask your agent for a list of the attached recent upgrades and the survey.
Listing courtesy of BRIGHT / Keller Williams Realty
Last checked:
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Last updated Dec 12, 2024
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MLS# DESU2067984 —
The Building
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Year Built:1946
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Advanced Framing, Vinyl Siding, CPVC/PVC
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Building Name:None Available
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Structure Type:Detached
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Levels:3.5
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Architectural Style:Coastal
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Main Entrance:East
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Accessibility Features:Other
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Foundation Details:Concrete Perimeter, Other
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Basement:No
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2800
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Above Grade Finished SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2800
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Living Area SqFt:2,800 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Settlement
Location
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Directions:See GPS
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Latitude:38.69240000
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Longitude:-75.07274000
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Location Type:Oceanside
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Estimated
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Lot SqFt:3,755 Sqft
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Zoning:RESIDENTIAL
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View:Ocean, Bay
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In City Limits:Yes
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Other Structures:Above Grade
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Water View:Yes
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Waterfront:No
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Water Oriented:Yes
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Water Access:Yes
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Water Body Type:Ocean
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Navigable Water:Yes
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Tidal Water:No
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Ground Rent Exists:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 519-5350
- Office phone:
- (302) 360-0300
Taxes
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Tax ID Number:334-20.18-196.00
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Tax Annual Amount:$1,279
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County Tax:874.00
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City/Town Tax:405.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Bedrooms Main Level:1
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Upper Level Bedrooms:4
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Upper Level 1 Bedrooms:2
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Bedrooms Upper Level:2
Baths
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Total Baths:3
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Full Baths:3
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Full Baths:2
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Upper Level Total Baths:2
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Upper Level Total Baths:1.00
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Upper Level 2 Total Baths:1.00
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Upper Level Full Baths:1
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Upper Level 2 Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:60+ Gallon Tank
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Schools
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School District Name:Cape Henlopen
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:5
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Garage:No
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Type of Parking:Driveway, Off Street, On Street, Other
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Parking Features:Private, Secure Parking
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Driveway - # of Spaces:5
Extra Units
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Vacation Rental:Yes
Monthly cost estimate
Asking price
$2,975,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$15,930
|
Taxes | $106 |
Insurance | $818 |
Utilities | $240 See report |
Total | $17,094/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/25/24
Aug 25, 2024
|
Listed / Active | BRIGHT | $2,975,000 |