CHARIS REALTY GROUP

Coastal

20961 ROGERS AVENUE

REHOBOTH BEACH , DE 19971

MLS#: DESU2082972

$897,500

Status: Closed
Listing number: DESU2082972
Listing provided by: Monument Sotheby's International Realty
Listing agent phone: None
Last update: 7 months ago
On site: 9 months ago
Browse Properties
ANN ACRES - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1984

Sq.Footage

1,211

Welcome to Ann Acres, where endless possibilities await. This charming beach cottage offers the perfect opportunity to enjoy summer living, earn rental income from a proven rental history, or build a brand-new home. Located on a fee simple 50 x 100 lot just three blocks from the ocean (fee simple means no  ground rent)—this home has undergone numerous updates over the past two years.   The first level features a family room that leads to an updated kitchen and dining area. There are three bedrooms, one full bathroom, and a door that opens to a deck overlooking a large fenced yard with an outdoor shower and room for a pool!  The second level boasts a family room with a back covered porch and a front open deck.  Extensive updates have been made, including reinforced foundation, refinished hardwood floors, a custom staircase to the second floor, newly drywalled and painted ceilings on the first level, updated kitchen cabinetry and counters, and relocated hot water heater. Additional improvements include two mini-splits for HVAC and heating, insulated and drywalled walls on the second level, new flooring on the covered porch, new deck railings, repaired siding, updated fencing, gates, paver sidewalk, and parking area. Enhancements also include an updated outdoor shower, new light fixtures, ceiling fans in bedrooms, and more.  Despite these modern upgrades, the property maintains its classic beach cottage charm with knotty pine paneling. A Rental Proforma suggests an income range of $38,000 to $90,000 per year, with the potential for an additional $20,000 by adding a pool. If you envision starting fresh, plans are available for a brand-new three-story, 5-bedroom home on this lot, starting at $1,412,400 as a lot/home package. Immerse yourself in the Dewey Beach Way of Life—take the video tour today!

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1211.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Ductless, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Other

  • Main Level Bedrooms

    3

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Parking

    Gravel, Driveway

  • Patio and Porch Features

    Porch, Deck

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Coastal

Price

  • Sales Price

    $897,500

  • Tax Amount

    973.0

  • Sq. Footage

    1, 211

  • Price/SqFt

    $741

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Listing Courtesy of Kimberly Lear Hamer , Monument Sotheby's International Realty

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Julie DeGiorgio

Call Julie today to schedule a private showing.

(240) 446-9060

julie@charisrealty.com


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Welcome to Ann Acres, where endless possibilities await. This charming beach cottage offers the perfect opportunity to enjoy summer living, earn rental income from a proven rental history, or build a brand-new home. Located on a fee simple 50 x 100 lot just three blocks from the ocean (fee simple means no  ground rent)—this home has undergone numerous updates over the past two years.   The first level features a family room that leads to an updated kitchen and dining area. There are three bedrooms, one full bathroom, and a door that opens to a deck overlooking a large fenced yard with an outdoor shower and room for a pool!  The second level boasts a family room with a back covered porch and a front open deck.  Extensive updates have been made, including reinforced foundation, refinished hardwood floors, a custom staircase to the second floor, newly drywalled and painted ceilings on the first level, updated kitchen cabinetry and counters, and relocated hot water heater. Additional improvements include two mini-splits for HVAC and heating, insulated and drywalled walls on the second level, new flooring on the covered porch, new deck railings, repaired siding, updated fencing, gates, paver sidewalk, and parking area. Enhancements also include an updated outdoor shower, new light fixtures, ceiling fans in bedrooms, and more.  Despite these modern upgrades, the property maintains its classic beach cottage charm with knotty pine paneling. A Rental Proforma suggests an income range of $38,000 to $90,000 per year, with the potential for an additional $20,000 by adding a pool. If you envision starting fresh, plans are available for a brand-new three-story, 5-bedroom home on this lot, starting at $1,412,400 as a lot/home package. Immerse yourself in the Dewey Beach Way of Life—take the video tour today!

20961 ROGERS AVENUE

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