PRICE REDCUED!!! Prime oceanblock real estate in North Shores. Large 75' x 125' wooded lot located just 10 houses from the pristine, private beaches of North Shores. Improved by 3 bedroom, 2 bath home with vaulted ceilings and spacious rear porch. Community recreational facilities include a magnificent pool, tennis courts, clubhouse, marina and security. Private residential setting and yet just a short walk or bike ride to the Rehoboth Boardwalk, many fine restaurants, shopping, Funland, entertainment, Cape Henlopen State Park bike trails, and much more. Rental income of $27,000 in place for summer of 2024. Opportunity to collect rental income while designing and permitting for remodel or new home construction start in the Fall. Excellent candidate for a 1031 exchange. Additional community information available at northshores.net
Facts & Features
MLS® #
DESU2055090
Price
$2,395,000
Bedrooms
3
Bathrooms
2.00
Full Baths
2
Acres
0.21
Year Built
1970
Type
Residential
Sub-Type
Detached
Style
Rancher
Status
Active
Tax Year
2023
Annual Tax Amount
$1,512
Community Information
Address
22 Cedar Rd
Area
Lewes Rehoboth Hundred (31009)
Subdivision
NORTH SHORES
City
Rehoboth Beach
County
SUSSEX-DE
State
DE
Zip Code
19971
Within City Limits
No
Sussex Delaware Quadrant
East of Rt 1
Amenities
Is Waterfront
No
Has Pool
Yes
Interior
Appliances
Built-In Range, Dishwasher, Disposal, Microwave, Dryer - Electric, Water Heater, Washer, Refrigerator
Heating
Heat Pump - Oil BackUp
Cooling
Heat Pump(s)
Fireplace
Yes
# of Fireplaces
1
# of Stories
1
Stories
1 Story
Has Basement
No
Exterior
Exterior
Frame
Exterior Features
Outbuilding Apartment, Outside Shower
Foundation
Crawl Space, Block
Additional Information
Date Listed
January 29th, 2024
Days on Market
91
Zoning
AR-1
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
2800.00
HOA Fees Freq.
Annually
Listing Details
Office
Cape Realty
Contact Info
(302) 313-1236