Margaret Poisson - Century 21 Gold Key Realty Logo
$389,900
 $2,093 est/mo Sourced by Back At You

502 5th St,REHOBOTH BEACH, DE 19971

REHOBOTH BEACH, DE 19971

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Description

Don't miss this opportunity to own property east of Route 1 in Rehoboth Beach!h??. For investors or builders, the property presents additional possibilities. There is potential to re-establish the property line, remove the existing home, and construct two new homes-an excellent redevelopment opportunity in an area experiencing continued growth ??. There is a home presently situated on both lots. It could be turned to open the second lot or removed. There is no HOA, and the property is zoned to allow manufactured homes, modular, and stick-built. Several newly constructed homes in the community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS. Public water and sewer are there. The one lot has a well.

Details

MLS #DESU2116402
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Days On Site45
Listing Provided ByKeller Williams Realty | Cindy J Sakowski

Features

ZoningGR
Acreage0.23

Exterior

Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable TV

Taxes

Tax Annual Amount757

Area Information

StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameTRU VALE ACRES
School DistrictCAPE HENLOPEN
Listing VS Median (in TRU VALE ACRES)
Price:
$389,900
low | high
Med:
$389,900
50% of Average
On site:
45
low | high
Med:
137
32.846715328467% of Average
Sourced by Back At You

Market Activity 19971

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Learn More About This Property

Margaret Poisson

Margaret Poisson

Century 21 Gold Key Realty

RS-0018979 (302) 399-6835margaretpoisson@c21gk.com
StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameTRU VALE ACRES
School DistrictCAPE HENLOPEN
Listing VS Median (in TRU VALE ACRES)
Price:
$389,900
low | high
Med:
$389,900
50% of Average
On site:
45
low | high
Med:
137
32.846715328467% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $292K - $487K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
502 5TH ST Property Photo 1
$389,900
502 5th St
Rehoboth Beach, DE 19971
18708 SNOWMASS RUN #196 Property Photo 1
$245,000
18708 Snowmass Run #196
Rehoboth Beach, DE 19971
Listing Updated: August 30, 2026 at 6:39:54 PM PDT

Margaret Poisson - Century 21 Gold Key Realty