Dewey Beach DE Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Year built:
- 2003
- Baths:
- MLS#:
- DESU2073682
ADDITIONAL INFORMATION
Exceptional Multi-Family Opportunity in Rehoboth Beach: 35611 & 35613 Wolfe Neck Road Unlock the rare chance to own two neighboring properties in Rehoboth Beach, designed to offer a versatile lifestyle or investment setup. Whether youâre looking to create a multi-family residence, generate rental income, or enjoy a personal retreat with room for guests or extended family, these properties east of Route 1 provide an ideal blend of comfort, location, and opportunity. Plus, each home is only a short bike ride from the scenic Lewes/Rehoboth Breakwater Trailsâperfect for nature lovers and active lifestyles alike. Homes can be purchased together or separately. 35611 Wolfe Neck Rd: Boasting 4 spacious bedrooms and 3 bathrooms, this home sits on its own land with no lot rent, offering independence and flexibility. It's equipped with several recent upgrades, including a 2024 well pump, 2023 hot water heater, and stylish luxury vinyl plank flooring. The screened porch provides a relaxing outdoor space to unwind, while a shed offers additional storage. With flexible rental optionsâweekly, seasonal, or year-roundâthis property serves as an excellent vacation rental, investment, or primary residence with consistent rental income potential. 35613 Wolfe Neck Rd: This charming 3-bedroom, 2-bathroom home offers flexibility for expansion with its 2-car garage and walk-up attic, which is prepped to be transformed into additional living space or a private home office. Many of the materials to complete the atticâflooring and drywallâare already on-site, allowing for easy customization. The home also includes a spacious screened porch, perfect for quiet mornings or gatherings. Upgrades include a boat and RV hook-up, an oversized shed for additional storage, and multiple living spaces, such as a family room, living room, and separate dining area, providing plenty of room for comfort and entertaining. Imagine the possibilities: live in one home and rent the other, or create a shared family retreat that offers space and privacy for everyone. With their proximity to Delawareâs best beaches, charming local dining, and outdoor recreation, these homes offer the ultimate coastal lifestyle. From weekend getaways to long-term rental potential, these properties cater to diverse needs. Donât miss the opportunity to own these two versatile homesâschedule a showing today and explore how you can make the most of this unique multi-family opportunity in Rehoboth Beach!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- DESU2072208
- Subdivision:
- Bay Vista
ADDITIONAL INFORMATION
Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- DESU2070374
- Subdivision:
- Dodds Addition
ADDITIONAL INFORMATION
Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patioâperfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Donât miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!
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Dewey Beach Real Estate
The median home value in Dewey Beach, DE is $731,000. This is higher than the county median home value of $442,700. The national median home value is $338,100. The average price of homes sold in Dewey Beach, DE is $731,000. Approximately 39.02% of Dewey Beach homes are owned, compared to 5.84% rented, while 55.14% are vacant. Dewey Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dewey Beach real estate agent to arrange a tour today!
Dewey Beach, Delaware 19971 has a population of 13,090. Dewey Beach 19971 is less family-centric than the surrounding county with 9.85% of the households containing married families with children. The county average for households married with children is 20.2%.
The median household income in Dewey Beach, Delaware 19971 is $85,636. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Dewey Beach 19971 is 61.1 years.
Dewey Beach Weather
The average high temperature in July is 86 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 44.4 inches per year, with 12.3 inches of snow per year.