420 KINGS HIGHWAY
About This Property
Where timeless architecture meets refined coastal living, the "Coleman House" stands as a rare and distinguished offering in the heart of downtown Lewes. Rich in history and thoughtfully reimagined for modern living, this classic Colonial is a testament to enduring craftsmanship - where every detail tells a story and every space invites the next chapter.
A light and intentional renovation preserves the home's historic soul while introducing elevated comforts. The newly designed kitchen serves as the centerpiece: appointed with quartz countertops, a bespoke butcher block island, and premium stainless steel appliance; blending warmth and sophistication for both intimate gatherings and grand entertaining.
The addition of a first-floor primary suite creates a private sanctuary, complete with a beautifully finished en-suite bath. Upstairs, two additional bathrooms have been tastefully renovated, complementing spacious guest bedrooms filled with natural light and character.
Original architectural elements remain beautifully intact, including random-width pine floors, multiple wood-burning fireplaces, and custom built-ins; details that speak to a level of craftsmanship seldom found today.
Set on an oversized parcel, the grounds offer a secluded outdoor retreat rarely available in downtown Lewes. Enjoy a resort-style in-ground pool, mature landscaping, a dedicated garden space, and a detached two-car garage, creating an exceptional balance of privacy and proximity.
Just moments from boutique shopping, fine dining, and the beach, this is more than a home, it is a generational opportunity to own a piece of Lewes history.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,795,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $899,000 | |
| Listed | |||
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THE COLEMAN HOUSE, circa 1812, is listed on the National Register of Historic Places and offers a rare opportunity to own a piece of history in “The First Town in the First State.” Enchanting four bedroom colonial with modern updates including a lovely first floor master suite with a sitting room and screened porch. The spacious grand living room boasts wide plank hardwoods and a handsome fireplace. The welcoming floor plan marries the “old and the new” seamlessly with a formal dining room, modern country kitchen with a brick hearth fireplace, library, sitting room, powder room and laundry. The second floor features three guest rooms, a laundry room and two full baths. Enjoy the charming brick pathways, gardens, and detached two car garage on an invaluable oversized .40 acre lot in the heart of downtown Lewes’s historic district. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017