515 New Castle Street Extension Rehoboth Beach, DE $ 1,850,000
515 New Castle Street Extension
$ 1,850,000
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515 New Castle Street Extension

Rehoboth Beach, DE, 19971
$ 1,850,000
Bedrooms2 Baths2.0 Sq 1,300

Monthly Estimate*

$ 11,542

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Single Family Home for sale in Rehoboth Beach, DE

for $1,850,000 with 2 bedrooms and 2 full baths. This 1,300 square foot home was built in 1974 on a lot size of 0.17.

This boutique, coastal-chic residence, affectionately named "Cedar House" is the crafted outcome of a 2017 complete architectural reinvention from its original bones to its beautifully finished form today. Positioned in a prized location just 5 blocks to the ocean and approximately 10 minute walk to Rehoboth Avenue in a quiet, residential tree lined neighborhood. Inside, the homes airy open floor plan lives spaciously within its 1,300 square feet, reflecting an unparalleled attention to authenticity and detail. Upon entering, youre greeted by the warmth of wide-plank heart-pine floors, tongue-and-groove wood walls, and reclaimed hand-hewn oak beamsmaterials that lend character and texture befitting a quintessential beach home. The living room features a coffered ceiling and a 19th-century fireplace mantle, creating a bespoke focal point. The custom kitchen was designed with no expense spared: Dramatic 3-inch profile Carrara marble countertops and full marble blackspash, custom cabinetry, and built-in Thermador stainless-steel appliances. A whimsical circular interior window provides a delightful connection to the sun-drenched sunroom along the homes western side. Two private primary bedrooms with en-suite baths complete the main level; one suites bath also functions conveniently as a powder room. The exterior highlights old-world craftsmanship, including natural cedar shake siding and roofing, oversized copper gutters and downspouts, large Marvin casement windows, and custom wood doors. Mature and meticulously maintained landscaping frames the entire propertyincluding formal boxwood hedging, hydrangeas, magnolia and a raised-bed gardenwhile an authentic Belgian block driveway winds back to a distinguished carriage house garage. (Professionally designed renderings for a carriage house conversion with pool & gas fire pit addition are available from the seller.) A perfect offering for the discerning, design-minded buyer, this residence stands apart from other homes available at this price point for its uncompromising craftsmanship, curated materials, refined coastal aesthetic, and highly coveted in-town Rehoboth Beach location. *NOTE: Property has dedicated well for lawn/ garden irrigation and electric car charger. *ALSO: Just over 1 block to the much loved local footbridge "Turtle Bridge" that traverses Silver Lake and short walk to the beach. (*Public designated pickleball & tennis courts just a block away, as well.)

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Single Family Active

Price

$ 1,850,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,849

Style

Coastal,Cottage

Lot Size

0.17

Year Built

1974

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2100656

Features
General
Living Area 1300
Sewer Public Sewer
Heating Central Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Electric Available Phone Available
Possession Settlement
Roof Shake Wood
Appliances Built-In Microwave Cooktop Dishwasher Disposal Oven - Wall Range Hood Refrigerator Stainless Steel Appliances Washer/Dryer Stacked Water Heater - Tankless
Zoning TN
Garage Spaces 1.00
Patio/Porch Features Deck(s) Porch(es) Screened
Architectural Style Coastal Cottage
Security Features Carbon Monoxide Detector(s) Main Entrance Lock Smoke Detector
Construction Materials Cedar
School District CAPE HENLOPEN
Year Built 1974
Electric 200+ Amp Service
View Garden/Lawn
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 SCHOOLVUE
Facing Direction East
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Total Rooms 10
Full Baths 2
Status ACTIVE
Directions Rehoboth Avenue to State Road. Follow State Road to the bend in the road to the left; then left on New Castle Street Extended. Property be on your LEFT.
City REHOBOTH BEACH
Disclosures Prop Disclosure
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 7405.00
Tax Annual Amount 2849.0
Home Warranty Y/N N
Property Condition Excellent
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 1423.08
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://www.zillow.com/view-imx/bbab88d2-c663-48f6-b6dc-90be25527e5e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Builder Name Wayne Hanby: Shoreline Construction
Standard Status Active
Year Built Source Estimated
Legal Subdivision SCHOOLVUE
Tax Lot 86
Association Recreation Fee N
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Interior
Interior Amenities Attic Built-Ins Ceiling Fan(s) Dining Area Entry Level Bedroom Exposed Beams Floor Plan - Open Kitchen - Gourmet Kitchen - Island Pantry Primary Bath(s) Recessed Lighting Upgraded Countertops Wood Fl
Heating Fuel Electric
Basement Walkout Stairs Unfinished Rear Entrance Partial
Flooring Hardwood Marble
Total Fireplaces 1
Fireplace Features Non-Functioning
Hot Water Tankless
Basement (Y/N) Y
Heating Y/N Y
Window Features Energy Efficient Casement
Fireplace Y/N Y
Above Grade Finished Area 1300
Half Baths 0
Central Air Y/N Y
Total Bedrooms 2
Room Type Living Room Bedroom 2 Kitchen Basement Bedroom 1 Sun/Florida Room Bathroom 1 Bathroom 2 Attic Screened Porch
Main Level Bedrooms 2
Laundry Type Main Floor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Outbuilding(s) Outside Shower Secure Storage Underground Lawn Sprinkler Exterior Lighting Gutter System
Pool No Pool
Fencing Privacy Partially Wood
Parking Features Brick Driveway Fenced Electric Vehicle Charging Station(s)
Lot Features Landscaping Front Yard Private Rear Yard
Water Source Public
Garage Features Additional Storage Area Garage - Side Entry Garage Door Opener
Type of Parking Detached Garage Driveway Off Street
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 75 X 100
Lot Size Acres 0.17
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Door Features French
Road Responsibility City/County
Land Assessed Value 916700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

lisa.nicoletti@oasothebysrealty.com

Email

Affordability Calculator

$11,779
Per Month
98%
2%
0%
Monthly Principal & Interest
$11,542
Monthly Property Taxes
$237
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
2318934 Elementary School
2314806 Middle School
Cape Henlopen High School High School
Pricing History
DatePricePrice ChangeDescription
11/27/2025$1,850,000 Listed Price

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515 New Castle Street Extension, Rehoboth Beach, DE, 19971 is a Single Family Home for sale at $1,850,000 with 1,300 sqft and a lot size of 0.17. 515 New Castle Street Extension has 2 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 19971 which is in Rehoboth Beach, DE