38131 West Drive # 726 Rehoboth Beach, DE $ 550,000
38131 West Drive # 726
$ 550,000
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38131 West Drive # 726

Rehoboth Beach, DE, 19971
$ 550,000
Bedrooms2 Baths2.0 Sq 1,300

Monthly Estimate*

$ 3,842

38131 West Drive # 726, Rehoboth Beach, DE 19971 - Image 1
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Condo for sale in Rehoboth Beach, DE

for $550,000 with 2 bedrooms and 2 full baths. This 1,300 square foot condo was built in 1997.

Welcome to Spring Lake, a coveted community just 5 blocks to the beach, sited between Rehoboth and Dewey Beaches within easy reach on foot or by bike. The 2BR, 2BA unit being offered is in Phase VII, tucked back on perhaps the quietest street in the community, and directly across from the wooded access to Thompson Island Trail leading to the bay! This unit is on the 2nd floor of a 2-story building, accessed by a private enclosed flight of stairs. Upstairs opens into the Great Room and kitchen that feature vaulted ceilings, large windows and doors leading to the sizable Eastern facing deck with expansive views of the pond and surrounding green spaces. The Great Room has a gas fireplace with mantel and has adjacent built in cabinetry. The kitchen is white and bright, with a raised counter for seating if desired, and opens to the Great Room, ideal for entertaining. Behind closed doors at the top of the stairs is a double wide closet which is organized as an office space. Mannington hardwood floors are throughout the Great Room, kitchen and hallway, as well as on the stairway accessing the unit. The hallway leads to two spacious bedrooms, with windows looking across to the wooded Thompson Trail, state parkland, never to be developed. The Primary bedroom has an ensuite bath with shower. A second bath, across from the guest bedroom, features a tub/shower combination. The laundry area includes full size, side by side, washer and dryer. A pull-down stair in the laundry room accesses the partially floored attic, perfect for additional storage. An additional storage area is located at the entry to the unit, perfect for bikes, beach chairs and toys! Exterior maintenance of the unit itself, as well as landscaping is covered by the Condominium Association, giving you freedom to enjoy your time at the beach. While this unit has never been rented by the current owner, rentals are permitted in Phase VII for the buyer looking for an investment.

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Condo Contingent

Price

$ 550,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,379

Style

Coastal

Year Built

1997

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2057750

Features
General
Interior Features Attic Built-Ins Carpet Floor Plan - Open Kitchen - Galley Primary Bath(s) Skylight(s) Stall Shower Tub Shower Walk-in Closet(s) Window Treatments Wood Floors Ceiling Fan(s) Combination Dining/Living
Sewer Public Sewer
Heating Forced Air Heat Pump(s)
Cooling Heat Pump(s) Central A/C Ceiling Fan(s)
Utilities Cable TV Available Phone Available Propane - Community
Possession Negotiable
Roof Architectural Shingle
Appliances Built-In Microwave Dishwasher Disposal Dryer - Electric Exhaust Fan Oven/Range - Electric Refrigerator Washer Water Heater
Exterior Features Secure Storage Sidewalks
Zoning HR-2
Pool Y/N Yes - Community
Association Fee Includes Common Area Maintenance Ext Bldg Maint Management Pest Control Pool(s) Snow Removal Trash
Patio/Porch Features Deck(s)
Architectural Style Coastal
Security Features Motion Detectors Security System
Construction Materials Stick Built Cedar
Exclusions Master Bedroom furniture; fishnet window treatments as well as rods in kitchen/great room; televisions. Other exclusions will be detailed in writing upon request.
Year Built 1997
View Pond Scenic Vista Trees/Woods
Levels 2
Other Fees 1250.00
Unit Number 726
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
HOA Fee 2 1020.00
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Common Grounds Pool - Outdoor Reserved/Assigned Parking
HOA / Comm Assn N
Subdivision Name SPRING LAKE
Facing Direction West
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 5
Status ACTIVE UNDER CONTRACT
Directions Heading South on Rt. 1 make a right at light on Spring Lake Drive. In 600 ft. keep to the right on Spring Lake Drive. Turn right on West Drive. Unit on right. Park in designated spots for Unit 726.
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal Prop Disclosure Radon Subject to Condo/HOA Docs Other
Other Fees Frequency One Time
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Waterfront Y/N N
Street Name WEST
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 1379.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Acceptable Financing Cash Conventional
Community Pool Features Fenced In Ground
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 1
Location Type Pond
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision SPRING LAKE
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile Hardwood Vinyl
Total Fireplaces 1
Fireplace Features Fireplace - Glass Doors Gas/Propane Mantel(s) Other
Hot Water Electric
Common Walls 2+ Common Walls 2+ Common Walls
Basement (Y/N) N
Heating Y/N Y
Window Features Screens Skylights Sliding Storm
Fireplace Y/N Y
Above Grade Finished Area 0
Full Baths 2
Street Suffix DRIVE
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor Washer In Unit Dryer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Parking Features Assigned Paved Parking
Water Source Public
Inclusions Unit is being sold partially furnished including some accessories and kitchen items.
Type of Parking Parking Lot
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Pond
Door Features Sliding Glass Storm
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 38131
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

marilynnkuebler@comcast.net

Email

Affordability Calculator

$3,957
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$550,000 Listed Price

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38131 West Drive # 726, Rehoboth Beach, DE, 19971 is a Condo for sale at $550,000 with 1,300 sqft. 38131 West Drive # 726 has 2 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 19971 which is in Rehoboth Beach, DE