1507 BEACH PLUM DRIVE
About This Property
Experience the ultimate in modern coastal living in this exceptional 4-bedroom, plus extra room for office or 5th bedroom, custom home-set on a rare lot-and-a-half for exceptional privacy and extra space between neighbors-perfectly positioned to capture breathtaking water views and the soothing sounds of the waves. Designed for both beauty and functionality, this Broadkill Beach retreat blends timeless coastal charm with contemporary luxury on a privately owned beach.
Step inside to an open-concept layout adorned with stunning French white oak flooring and custom tile work throughout. The gourmet kitchen is a chef's dream, featuring leathered granite countertops, handcrafted cabinetry, and a walk-in pantry-all opening seamlessly to the spacious living and dining areas.
The upper-level living space showcases soaring ceilings with architectural exposed beams, adding warmth and sophistication to the coastal design. Expansive decks and a screened porch create the perfect setting for indoor–outdoor living, allowing you to savor panoramic coastal views in every season. A thoughtfully designed beach crossover protects and preserves your views while providing easy beach access.
Generously sized bedrooms, spa-like bathrooms with custom tile work, and a relaxed third-floor family room elevate both comfort and flexibility. Ample storage-both under the home and inside-plus a designer exterior lighting package round out the offering. Engineered for energy efficiency with top-tier features including Carrier Greenspeed heat pumps, airtight spray foam insulation, and robust 2x6 exterior walls.
Where modern meets coastal, this Broadkill Beach home captures the beauty of coastal Delaware with the privacy, space, and craftsmanship discerning buyers truly appreciate.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Coldwell Banker Premier - Lewes | $1,699,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017