When was property at 118 Cornwall Road built and last sold?

The property at 118 Cornwall Road was built in and last sold on Feb 16, 2023 for $399,900.

How much is this home worth?

The estimated value of the home located at 118 Cornwall Road is $570,650.

What are some comparable homes to 118 Cornwall Road?

There are currently no comparable homes to 118 Cornwall Road.

Sussex

19971

118 CORNWALL RD

$565,000

● Land - Off Market

118 CORNWALL RD

REHOBOTH BEACH, DE 19971

Studio

0 Bath

$3,125

Est. Monthly

$350

HOA / Fees

3.39%

Cap Rate

About This Property

One of the last remaining wooded lots in Rehoboth Beach Country Club. Bet you didn't know that 20% of the remaining vacant lots were built on in the last year, and another 20% were built on in 2023 and 2022. Land is scarce in Rehoboth Beach. Whether you're looking for a strong long term investment or a place to build the home of your dreams, this special piece of property is a fabulous choice! The community is just down the road from two country clubs with championship golf courses, pools, pickleball, tennis, fabulous clubhouses and restaurants all available with private memberships.

Unit Size

Days on Market

24 days

Land Size

0.27 acres

Price per sqft

Property Type

Land

Property Taxes

$28

HOA Dues

$350

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #DESU2075122)

Price History

Date / Event	Date	Event
Mar 14, 2025	Sold	Premium
Sold
Feb 13, 2025	In contract	-
In contract
Nov 27, 2024	Listed by Monument Sotheby's International Realty	$565,000
Listed by Monument Sotheby's International Realty
Feb 16, 2023	Sold	Premium
Sold
Jan 18, 2023	Listed by Monument Sotheby's International Realty	$399,900
Listed by Monument Sotheby's International Realty
Aug 31, 2022	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,879

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 990
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: RBYCC
Land Acres: 0000000273
Standard Land Use Code: 8001
County Land Use Code: RV
Legal Description 1: REHO BCH YACHT CC LOT 185

Neighborhood

School District Name: Cape Henlopen School District

School Tax School District: CAPE HENLOPEN
Census Tract: 051016

Zoning

Zoning: MR

Geography

District: CAPE HENLOPE

Parcel: 334-19.00-736.00
Lot: 185
Municipality: LEWES AND REHOBOTH HUNDRED
Latitude: 38.7036
Longitude: -75.1007

Address

Full Address: 118 Cornwall Rd

Address - House Number: 118
Address - Street Name: Cornwall
Address - Suffix Type: Rd
State: DE
City Name: Rehoboth Beach
Carrier Code: C003
4-Digit Zip Code: 1424
Zip Code: 19971

Valuation

Tax

Tax Year: 2023

Tax Amount: $33,980
Initial Tax Delinquent Year: 2022

Market Valuation

Market Total Value: $13,800

Market Land Value: $13,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $6,900
Assessed Land Value: $6,900

Sales

Current Sale Contract Date: Feb 16, 2023

Current Sale Recording Date: Feb 16, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 5297
Previous Sale Recording Date: Aug 31, 2022
Previous Sale Contract Date: Aug 19, 2022
Previous Sale Amount: $6,900
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sussex

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$238

Below Asking

0.02%

Average Days on Market

Average Home Size

2109 ft²

Average Home Age

22.6 years

Currently For Sale

3015 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 400 Cascade Lane, REHOBOTH BEACH, DE, 19971

$1,900 /mo

2 Beds
2 Baths
1,060 ft²

400 Cascade Lane #405, REHOBOTH BEACH, DE, 19971 Listing by Filomena M. Rauso

Unit for rent at 4100 Sandpiper Drive, REHOBOTH BEACH, DE, 19971

$2,000 /mo

2 Beds
2 Baths
971 ft²

4100 Sandpiper Drive #4105, REHOBOTH BEACH, DE, 19971 Listing by Brittany McCunney

Unit for rent at 1904 Coastal Highway, DEWEY BEACH, DE, 19971

$1,900 /mo

3 Beds
2 Baths
672 ft²

1904 Coastal Highway #D, DEWEY BEACH, DE, 19971 Listing by JASON WILSON

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Brian Barrows
Monument Sotheby's International Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# DESU2075122

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

118 CORNWALL RD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Sussex

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions