206 E Market St, Lewes, DE

206 E Market St

MAIN HOUSE + 3 COTTAGES + DETACHED GARAGE! Located just steps from the sand in the heart of Lewes Beach, 206 E. Market Street offers a rare opportunity to own a classic coastal property with exceptional flexibility and income potential. Dating back to circa 1900, this charming home blends timeless character with modern functionality across an expansive and versatile property layout. The main residence features 4 bedrooms, 3 full bathrooms, and approximately 1,929 square feet of living space. The main level includes a welcoming living room, den, small study or game room, convenient main-level washer and dryer, and full bathroom. The den could easily function as an additional bedroom. Upstairs, the second level hosts all four bedrooms and two additional full baths. A fully conditioned third-level attic provides bonus space with endless possibilities—ideal for storage or future opportunities. One of the property’s most unique and exciting features is the three detached rear cottages, each equipped with a kitchenette and full bathroom. Two cottages are studio-style, while the third offers a one-bedroom layout—perfect for guests or rental use. The property currently holds four active short-term rental licenses: one for the main house and one for EACH cottage, making it a standout investment opportunity in one of Delaware’s most desirable beach towns. Additional highlights include a large, detached garage, quick access to the beach, shopping, and dining, and the unmistakable charm of Lewes living. Whether you’re seeking a primary residence, vacation retreat, or income-producing property, this historic gem delivers unmatched location, flexibility, and potential. Note: the cottages have only ever been used as summer cottages and would need renovation for year-round use. They have no heat source and use window A/C for cooling. New roof was put on main house in 2023, garage in 2024 and cottages in 2025 with transferable warranties. New water heater in main house was installed in 2023. Property is located in the Historic District. Property is being sold As-Is, Where-Is.