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!
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.
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.