Patterson-Schwartz Real Estate20906 Old Bay Road, Rehoboth Beach, DE 19971-8014 $1,999,000
Interior Sq. Ft: 4,500
Acreage: 0.32
Age:55 years
Style:
Colonial
Mobile#: 2646
Subdivision: None Available
Design/Type:
Detached
Description
Luxurious Coastal Retreat – Rehoboth Beach/Dewey Beach, DE
Completely remodeled and just moments from the beach and downtown Dewey Beach, this stunning 6-bedroom, 5-bathroom home offers a perfect blend of modern luxury and coastal charm. With spacious living areas across two levels, this property is ideal for year-round living, vacation getaways, or a high-performing rental investment.
The open-concept layout is perfect for entertaining, highlighted by a chef’s kitchen featuring high-end stainless steel appliances, custom cabinetry, and a butler’s pantry. The luxurious primary suite boasts heated bathroom floors, a large walk-in shower, and a whirlpool tub. A newly added second-floor suite with private entrance and deck is ideal for guests or multigenerational living. Two dedicated office spaces offer added flexibility for remote work or extra living areas.
Outdoor living shines with extensive hardscaping, a Cambridge patio, hot tub, irrigated landscaping, cedar garden boxes, and a heated greenhouse with electricity. A vinyl privacy fence surrounds the property, creating a true backyard sanctuary. The garage is fully outfitted for woodworking or creative projects, with 240V power and ample workspace.
Recent updates include:
- New roof (Jan 2025)
- Oversized concrete driveway
- New 2nd floor ductwork
- Reverse osmosis water system
- Two 50-gallon water heaters
- Conditioned crawlspace with dehumidifiers
- Upgraded PVC waterline
Proven rental income: $1,600/night on summer weekends and $60K–$75K in gross annual revenue
Furniture is negotiable—seller is open to selling fully furnished for a turnkey rental or immediate use.
Don’t miss this rare opportunity to own a versatile, income-producing coastal home that’s equally suited for family living, vacation use, or multigenerational stays. Schedule your private showing today.
https://vimeo.com/1076842471
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
Elem. School: Rehoboth Mid. School: Beacon High School: Cape Henlopen
Features
Utilities
Central Heating, Electric, Propane - Owned, Central A/C, Electric, Hot Water - Electric, Hot Water - Propane, Public Water, Public Sewer, Main Floor Laundry
Garage/Parking
Attached Garage, Driveway, Garage - Front Entry, Attached Garage Spaces #: 2;
Interior
Butlers Pantry, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Brick Fireplace, Wood Fireplace, Accessibility - >84" Garage Door, Accessibility - 32"+ wide Doors
Exterior
Crawl Space Foundation, Architectural Shingle Roof, Frame Exterior, Vinyl Siding, Deck(s), Patio(s), Porch(es), Extensive Hardscape, Exterior Lighting, Hot Tub, Lawn Sprinkler, Outbuilding(s)
Lot
Vinyl Fence
Contact Information
Schedule an Appointment to See this Home
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Listing Courtesy of: Patterson-Schwartz-Rehoboth , (302) 703-6987, realinfo@psre.com
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Listing data as of 4/21/2025.
