See Home Value
Sussex 19971
22024 COASTAL HWY
$2,825,000
● House - Off Market

22024 COASTAL HWY

REHOBOTH BEACH, DE 19971
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,704 Ft²
$18,334
Est. Monthly
$2,621
HOA / Fees
-0.05%
Cap Rate

About This Property

Unparalleled sunset views can be enjoyed from almost every angle of this stunning, custom-built bayfront home situated in the private beach community of Indian Beach. Cedar shake siding, meticulously manicured landscaping complete with custom lighting, and a spacious paver driveway are just a few of the attractive elements that contribute to the home's excellent curb appeal. Tasteful and timeless selections include beautiful hardwood floors throughout, a neutral color palette, sleek marble and granite counters, classic tiles in the baths, and plantation shutters throughout. The spacious floor plan spans over 4,700 sq/ft and includes an elevator for convenience, multiple living spaces, a wet bar, formal dining room, wood burning fireplace with custom built-in surround, two luxurious primary suites each with spa-like baths, and a gourmet kitchen complete with expansive counter space, island and breakfast bar, dual sinks and commercial grade appliances including a 6-burner gas Viking cooktop, oven, and Sub-Zero refrigerator. Enjoy picturesque views of the Rehoboth Bay from over 1,500 sq/ft of outdoor living spaces including patios, covered porches, and sun-decks spanning the entire rear of the home and strategically placed for optimum bay and even ocean views. With convenience to the Rehoboth Sailing Association, Delaware State Parks, Dewey Beach & Rehoboth Beach amenities, and the private ocean beach access just steps away, this home leaves little to the imagination!
Unit Size
4,704 Ft²
Days on Market
91 days
Land Size
7.82 acres
Price per sqft
$680
Property Type
House
Property Taxes
$333
HOA Dues
$2,621
Year Built
2007

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Last updated: 2 years ago (Bright MLS #DESU2058476)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Sold
Oct 25, 2024 In contract -
In contract
Aug 19, 2024 Price Decreased $3,200,000
↓ $300K (8.6%)
Price Decreased
Mar 26, 2024 Listed by Jack Lingo - Rehoboth $3,500,000
Listed by Jack Lingo - Rehoboth
Nov 3, 2011 Sold
Sold

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 340,639
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,770
  • Gross Building Area: 4,770
  • Building Area: 4,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REHOBOTH BEACH
  • Land Acres: 0000007820
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: W/RT 1 S/BAYBERRY LN LOT 3

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051103

Zoning

  • Zoning: MR

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-23.10-1.03
  • Lot: 3
  • Municipality: DEWEY TO LEWES EAST OF CANAL
  • Latitude: 38.6824
  • Longitude: -75.073

    Address

  • Full Address: 22024 Coastal Hwy
  • Address - House Number: 22024
  • Address - Street Name: Coastal
  • Address - Suffix Type: Hwy
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 8052
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,993

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 2,755,742
  • High Value: 3,292,297
  • Low Value: 2,219,187

    Market Valuation

  • Market Total Value: $162,100
  • Market Land Value: $20,000
  • Market Improvement Value: $142,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,050
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $71,050

    Sales

  • Current Sale Contract Date: Oct 31, 2011
  • Current Sale Recording Date: Nov 03, 2011
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34459
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 Sussex


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 971 ft²
4100 Sandpiper Drive #4105, REHOBOTH BEACH, DE, 19971 Listing by Brittany McCunney


Frequently Asked Questions

When was property at 22024 Coastal Highway built and last sold?
The property at 22024 Coastal Highway was built in 2007 and last sold on Oct 31, 2011 for $1,920,000.
How much is this home worth?
The estimated value of the home located at 22024 Coastal Highway is $3,128,085.
What are some comparable homes to 22024 Coastal Highway?
There are currently no comparable homes to 22024 Coastal Highway.