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Rehoboth Beach 19971
18 DELAWARE AVENUE
$2,799,900
● House - For Sale

18 DELAWARE AVENUE

REHOBOTH BEACH, DE 19971
bedrooms
7 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,119 Ft²
$14,204
Est. Monthly

About This Property

OCEAN BLOCK LOCATION MEETS TIMELESS COASTAL CHARACTER in this updated turn-of-the-century beach cottage just steps from the sand, Rehoboth Beach Boardwalk & Funland, bandstand, and premier dining and shopping on Rehoboth Avenue. Situated in desirable South Rehoboth, this classic residence offers 5+ bedrooms across two levels, making it ideal for hosting large family gatherings or maintaining a high-capacity vacation rental. Highlights include an expansive screened front porch perfect for catching ocean breezes, a spacious main-level living room, dedicated dining space, sunroom opening to a rear patio, and a primary bedroom on the second floor complete with a private balcony. The property also features an unfinished 863 sq. ft. walk-up attic offering immense expansion potential. Currently generating approximately $65,000 in rental income with strong upside, town guidelines for FAR and lot coverage provide flexibility to remodel, and/or expand. Whether envisioned as a family beach retreat, a high-yield rental investment, or a historic project, this is a distinct opportunity in one of Rehoboth's most coveted locations.Call today!
Unit Size
2,119 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$1,321
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
-

Listed By

Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty

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Last updated: 11 days ago (Bright MLS #DESU2122130)

Price History

Date / Event Date Event Price
Oct 9, 2026 Listed by Berkshire Hathaway HomeServices PenFed Realty $2,799,900
Listed by Berkshire Hathaway HomeServices PenFed Realty
Dec 22, 2025 Sold
Sold
Nov 18, 2025 In contract -
In contract
Jun 6, 2025 Listed by Monument Sotheby's International Realty $2,999,000
Listed by Monument Sotheby's International Realty
Charming Turn-of-the-Century Cottage– Just Steps from Rehoboth Beach Boardwalk. Nestled on the ocean block of one of Rehoboth’s most iconic locations, 18 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of Rehoboth Beach. With thoughtful updates, enhancements and expansions, this property could become a rental machine, as demonstrated by comparable nearby properties. Whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek. Enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm. Bonus Opportunity: This home can also be purchased in combination with neighboring 16 Delaware Avenue (MLS# DESU2087708), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in Rehoboth Beach. Whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique. Don’t miss this exceptional opportunity in the heart of Rehoboth Beach
Feb 15, 2022 Sold
Sold
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Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Driveway, On Street, Crushed Stone
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Other, Attic, Bathroom - Walk-In Shower, Carpet, Dining Area, Entry Level Bedroom, Kitchen - Galley
Appliances: Dishwasher, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Dryer, Water Heater
Flooring Type: Carpet, Luxury Vinyl Plank
Exterior Details
Square Footage: 2119
Square Footage Source: $0
Property Condition: Good
Architectural Style: Cottage, Coastal, Farmhouse/National Folk
Year Built Source: Estimated
Year Built: 1899
Waterbody Name: Rehoboth Beach
Building Name: NONE AVAILABLE
Levels: 2.5
Other Structures: Above Grade, Below Grade
Construction Materials: Frame, Wood Siding, Vinyl Siding
Patio and Porch Features: Porch, Patio
Lot Features: Landscaping, Rear Yard
Lot Size Area: 4977.03
Lot Size Units: Square Feet
Lot Size Acres: 0.11
Lot Size Square Feet: 4977.03
Lot Size Dimensions: 50.00 x 100.00 x 49.77 x 99.56
Water Source: Public
Financial Details
Tax Assessed Value: $2,136,600
Tax Annual Amount: $5,461
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Zoned, Heat Pump - Gas BackUp
Sewer : Public Sewer

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: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: R
  • Subdivision: REHOBOTH BEACH
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: DEL.AVE. LOT 18 WITH IMP. REH BCH CP MTG ASSN

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051102

Zoning

  • Zoning: TN

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-14.18-65.00
  • Lot: 18
  • Municipality: 19971
  • Latitude: 38.7146
  • Longitude: -75.0777

    Address

  • Full Address: 18 Delaware Ave
  • Address - House Number: 18
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2904
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $108,341

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 833,501
  • High Value: 1,023,006
  • Low Value: 643,995

    Market Valuation

  • Market Total Value: $44,000
  • Market Land Value: $25,000
  • Market Improvement Value: $19,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $9,500

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8030
  • Previous Sale Recording Date: Sep 07, 1984
  • Previous Sale Amount: $198,200
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rehoboth Beach


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Frequently Asked Questions

When was property at 18 Delaware Avenue built and last sold?
The property at 18 Delaware Avenue was built in and last sold on Feb 14, 2022 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 18 Delaware Avenue is $2,827,899.
What are some comparable homes to 18 Delaware Avenue?
There are currently no comparable homes to 18 Delaware Avenue.