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116 Laurel Street Rehoboth Beach, DE $ 2,400,000
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$ 2,400,000 Get more info
116 Laurel Street
$ 2,400,000
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Open House 12/6 11am - 1pm
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116 Laurel Street

Rehoboth Beach, DE, 19971
$ 2,400,000
Bedrooms4 Baths2.0 Sq 1,500

Monthly Estimate*

$ 14,973

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Single Family Home for sale in Rehoboth Beach, DE

for $2,400,000 with 4 bedrooms and 2 full baths. This 1,500 square foot home was built in 1974 on a lot size of 0.15.

Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50 x 131.98 lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. Its nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design your dream home, beach retreat, or rental investment. Two well-known local builders have confirmed that a pool or hot tub can fit in the backyard if the new home is designed thoughtfully. Currently, the property generates between $66,000$70,000 annually through a mix of short-term weekly rentals and a long-term off-season tenant. Theres ample parking with both off-street and street spaces available. Located on a quiet, tree-lined street, this home offers a peaceful setting while being just moments from the best of downtown Rehoboth Beach from boutique shopping and gourmet dining to the Bandstand concerts, art shows, and beloved annual events like Sea Witch Festival, JazzFest, Gumbo Crawl, and the Rehoboth Christmas Parade. Whether youre looking for a turn-key beach cottage, an investment property with strong rental history, or a blank canvas for your future coastal masterpiece 116 Laurel Street is a rare gem with endless potential.

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Open House

12/6/2025 11:00 AM - 1:00 PM
12/7/2025 10:30 AM - 12:30 PM
116 Laurel Street Rehoboth Beach, DE
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Active

Price

$ 2,400,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 5,182

Style

Coastal

Lot Size

0.15

Year Built

1974

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2100576
Features
General
Living Area 1500
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle
Appliances Built-In Microwave Oven/Range - Electric Oven - Self Cleaning Refrigerator Icemaker Washer Dryer Water Heater
Zoning TN
Patio/Porch Features Deck(s)
Architectural Style Coastal
Construction Materials Stick Built Frame
School District CAPE HENLOPEN
Year Built 1974
View Trees/Woods Pond
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Residential
HOA N
Subdivision Name SOUTH REHOBOTH
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions From Route 1 turn onto Robinsons Dr then left onto Silver Lake Dr and then right onto Laurel St.
City REHOBOTH BEACH
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 6599.00
Tax Annual Amount 5182.0
Home Warranty Y/N N
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 1600.0
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N Y
Virtual Tour https://bcove.video/3KdfQr4
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision SOUTH REHOBOTH
Tax Lot 86
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Interior
Interior Amenities Entry Level Bedroom Dining Area Upgraded Countertops
Heating Fuel Electric
Flooring Luxury Vinyl Plank Tile/Brick
Total Fireplaces 1
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Insulated
Fireplace Y/N Y
Above Grade Finished Area 1500
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Room Type Dining Room Bedroom 2 Bedroom 3 Bedroom 4 Kitchen Bedroom 1 Sun/Florida Room Great Room Laundry Bathroom 1 Full Bath
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Outside Shower
Pool No Pool
Fencing Fully
Water Source Public
Type of Parking Driveway Off Street
Foundation Details Block
Water View Y/N Y
Lot Dimensions 50.00 x 132.00
Lot Size Acres 0.15
Lot Size Source Estimated
Waterfront Y/N N
Door Features Insulated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

brian@barrowsandassoc.com

Email

Affordability Calculator

$15,405
Per Month
97%
3%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/25/2025$2,400,000 Listed Price

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116 Laurel Street, Rehoboth Beach, DE, 19971 is a Single Family Home for sale at $2,400,000 with 1,500 sqft and a lot size of 0.15. 116 Laurel Street has 4 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 19971 which is in Rehoboth Beach, DE

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