20389 Mallory Square Circle Rehoboth Beach, DE $ 789,900
20389 Mallory Square Circle
$ 789,900
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20389 Mallory Square Circle

Rehoboth Beach, DE, 19971
$ 789,900
Bedrooms5 Baths4.0 Sq 2,955

Monthly Estimate*

$ 4,864

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Condo for sale in Rehoboth Beach, DE

for $789,900 with 5 bedrooms and 4 full baths. This 2,955 square foot condo was built in 2004.

5BR Beach Home | Just minutes from the beach | Walk to Dining | Rental Income Opportunity Welcome to Keys of Marsh Harbor, where coastal convenience meets exceptional investment potential. This spacious 5-bedroom, 4-bath home is located within walking distance to popular restaurants and shopping and just minutes from the beach, making it an ideal coastal retreat, full-time residence, or high-demand vacation rental. With five generously sized bedrooms, including two private en-suite retreats, the home offers plenty of space for family, guests, and vacation renters. The open main living area flows seamlessly from the bright family and dining space into a large, well-appointed kitchen, creating the perfect gathering space after a day at the beach. Step outside to the screened porch, an inviting place to enjoy morning coffee, evening cocktails, or relaxing coastal breezes. One of the biggest advantages of owning in Keys of Marsh Harbor is the maintenance-free lifestyle. The association takes care of exterior maintenanceincluding roofing, siding, and landscapingso you can spend more time enjoying the communitys pool and tennis courts, nearby beaches, restaurants, and shopping. With five bedrooms in a prime beach-area location, this home offers an incredible rental income opportunity with strong appeal for seasonal vacation renters as well as long-term tenants. Whether you're searching for a coastal getaway, full-time residence, or a smart investment property, this home delivers the perfect combination of space, location, amenities, and income potential just minutes from the Delaware beaches.

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Condo Active

Price

$ 789,900

Bedrooms

5

Full Bath

4

Property Type

Condo

Taxes

$ 1,105

Style

Coastal,Contemporary

Year Built

2004

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2106474

Features
General
Living Area 2955
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Propane - Community
Possession 0-30 Days CD 31-60 Days CD 61-90 Days CD
Appliances Built-In Microwave Dishwasher ENERGY STAR Refrigerator Oven/Range - Electric
Zoning MR
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Ext Bldg Maint Insurance Lawn Maintenance Pest Control Reserve Funds Pool(s) Road Maintenance Snow Removal Trash
Architectural Style Coastal Contemporary
Construction Materials Frame Aluminum Siding
School District CAPE HENLOPEN
Year Built 2004
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
HOA Fee 2 2104.00
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Pool - Outdoor Tennis Courts
HOA N
Subdivision Name KEYS OF MARSH HARBOR
Facing Direction North
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 13
Full Baths 4
Status ACTIVE
Directions 1 South right on Country Club Road let on Duvall right on Mallory
City REHOBOTH BEACH
Disclosures Prop Disclosure Radon Lead Based Paint - Federal
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 1105.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 267.31
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/b7wg0xmg3mc5s0nd78aak/20389-Mallory-Sq_with-Address.mp4?rlkey=1mxf75e7983cb1uz78d7dar1g&raw=1
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Assessor
Legal Subdivision KEYS OF MARSH HARBOR
Association Recreation Fee N
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Interior
Interior Amenities Ceiling Fan(s) Dining Area Pantry Primary Bath(s) Recessed Lighting Walk-in Closet(s)
Heating Fuel Propane - Metered
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Propane
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2955
Half Baths 0
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Room Type Dining Room Bedroom 2 Bedroom 3 Kitchen Bedroom 1 Great Room Bathroom 1 Bathroom 2 Screened Porch
Main Level Bedrooms 2
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 4
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Exterior
Exterior Amenities BBQ Grill Gutter System Tennis Court(s)
Pool Yes - Community
Lot Features Cul-de-sac Front Yard Level No Thru Street Rear Yard
Water Source Public
Inclusions Refrigerator Range Dishwasher Microwave Washer and dryer blinds furniture
Garage Features Garage - Front Entry Garage Door Opener Inside Access
Type of Parking Attached Garage
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 70 x 120
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 66800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 20389
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* Excluded Features
List By
Iron Valley Real Estate At The Beach

Broker

lferris60@gmail.com

Email

Affordability Calculator

$4,956
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,864
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5268336 Middle School
Cape Henlopen High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$789,900 Listed Price

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20389 Mallory Square Circle, Rehoboth Beach, DE, 19971 is a Condo for sale at $789,900 with 2,955 sqft. 20389 Mallory Square Circle has 5 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 19971 which is in Rehoboth Beach, DE