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20340 Silver Lake Drive Rehoboth Beach, DE $ 7,900,000
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$ 7,900,000 Get more info
20340 Silver Lake Drive
$ 7,900,000
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20340 Silver Lake Drive

Rehoboth Beach, DE, 19971
$ 7,900,000
Bedrooms9 Baths7.1 Sq 10,148

Monthly Estimate*

$ 54,563

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View a Virtual Tour

Single Family Home for sale in Rehoboth Beach, DE

for $7,900,000 with 9 bedrooms and 7 full baths, 1 half bath. This 10,148 square foot home was built in 1980 on a lot size of 0.35.

A Rare Silver Lake Waterfront Estate Introducing 20340 Silver Lake Drive, an extraordinary waterfront offering in one of Rehoboth Beach's most coveted and prestigious locations. Perfectly positioned across from iconic Silver Lake, this exceptional coastal estate captures breathtaking water views from every level, complemented by a private dock and direct water access, creating an unparalleled lifestyle defined by luxury, privacy, and recreation. Spanning an impressive footprint with 9 bedrooms and 7.5 bathrooms, this remarkable residence presents a rare opportunity to create a legacy property tailored to your vision. Whether envisioned as a grand primary residence, an exclusive coastal retreat, or an income producing property, the possibilities are truly limitless. Designed for both elegant entertaining and comfortable everyday living, the expansive floor plan features three luxurious primary suites, offering exceptional privacy and accommodations for family and guests. Two full kitchens, multiple gathering spaces, and a fully finished lower level provide extraordinary flexibility for hosting, relaxation, and customization, allowing the next owner to curate a residence that reflects their unique lifestyle and taste. Outside, discover your own private resort-style oasis. Lounge beside the heated in-ground pool, entertain under the coastal sky, or step across to your private dock and enjoy tranquil mornings on the water, sunset kayak excursions, and the serenity of Silver Lake's stunning waterfront setting. The property also features a circular front drive, expansive rear parking area, and insulated two-car garage, ensuring effortless arrival and ample accommodations for guests and special gatherings. Located just moments from Rehoboth Beach's renowned boardwalk, award-winning restaurants, boutique shopping, marinas, and the Atlantic Ocean, this exceptional estate offers the perfect balance of waterfront tranquility and coastal sophistication. Rarely does a Silver Lake property of this scale, location, and potential become available. An exceptional opportunity to own one of Rehoboth Beach's most distinctive waterfront estates awaits. Start creating memories today. Contact to set up your private, exclusive tour today!

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Single Family Active

Price

$ 7,900,000

Bedrooms

9

Full Bath

7

Half Bath

1

Property Type

Single Family

Taxes

$ 14,351

Style

Coastal,Mid-Century Modern

Lot Size

0.35

Year Built

1980

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2117050
Features
General
Living Area 10148
Sewer Public Sewer
Heating Forced Air Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Available Electric Available Phone Available Sewer Available Water Available
Possession Immediate 0-30 Days CD 31-60 Days CD 61-90 Days CD Negotiable Settlement
Roof Architectural Shingle
Appliances Built-In Microwave Cooktop Dishwasher Disposal Dryer Dryer - Electric Dryer - Front Loading Exhaust Fan Extra Refrigerator/Freezer Freezer Icemaker Oven - Double Oven - Wall Oven - Single Oven/Range
Zoning MR
Garage Spaces 2.00
Patio/Porch Features Enclosed Patio(s) Porch(es)
Architectural Style Coastal Mid-Century Modern
Pool Features Concrete Filtered Heated In Ground
Security Features Exterior Cameras Motion Detectors Smoke Detector
Construction Materials Brick
School District CAPE HENLOPEN
Year Built 1980
Electric 200+ Amp Service Circuit Breakers Generator
View Lake Street Water
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Waterfront Features Private Dock Site
Building Name NONE AVAILABLE
Accessibility Elevator
Additional Parcels Description Adjacent Parcel (Tax ID: 334-20.09-220.00) across the street from the main house & property to be included/purchased with the s
County SUSSEX
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Facing Direction East
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 7
Status ACTIVE
Directions From Rt 1 turn onto Robinsons Dr. Follow the Road until you come to the Silver Lake Drive Intersection turn right. House is 5th house on right.
City REHOBOTH BEACH
Body of Water Silver Lake
Disclosures Agent has Financial Interest Agent Related to Owner Owner RE Licensee
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 15246.00
Tax Annual Amount 14351.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 832.46
Acceptable Financing Cash Conventional Negotiable
Additional Parcels Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=SJRmfc8z77z
Location Type Lake
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision SILVER LAKE SHORES
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Interior
Interior Amenities 2nd Kitchen Attic Bathroom - Jetted Tub Bathroom - Soaking Tub Bathroom - Stall Shower Bathroom - Tub Shower Bathroom - Walk-In Shower Breakfast Area Carpet Ceiling Fan(s) Combination Dining/Living C
Heating Fuel Electric
Basement Fully Finished Sump Pump
Flooring Ceramic Tile Hardwood Luxury Vinyl Plank Partially Carpeted
Total Fireplaces 1
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Window Features Insulated Screens
Fireplace Y/N Y
Above Grade Finished Area 9490
Half Baths 1
Central Air Y/N Y
Total Bedrooms 9
Below Grade Finished Area 658
Entry Level 1
Room Type Basement Bathroom 1
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Has Laundry Main Floor
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
Number of Elevators 1
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Exterior
Exterior Amenities Awning(s) Extensive Hardscape Exterior Lighting Gutter System Outbuilding(s) Outside Shower Secure Storage Stone Retaining Walls Water Fountains
Pool Yes - Personal
Fencing Masonry/Stone Wood
Parking Features Brick Driveway Lighted Parking Private
Lot Features Additional Lot(s) Fishing Available Landscaping Not In Development Premium Rear Yard Road Frontage Year Round Access
Water Source Public
Garage Features Covered Parking Garage - Front Entry Garage Door Opener Inside Access
Type of Parking Attached Garage Driveway Off Street
Foundation Details Crawl Space Slab
Water View Y/N Y
Lot Dimensions 115.00 x 197.00
Lot Size Acres 0.35
Road Surface Type Black Top
Water Body Type Lake
Lot Size Source Assessor
Waterfront Y/N Y
Door Features Double Entry Insulated Storm French Sliding Glass
Water Access Features Canoe/Kayak Fishing Allowed Private Access
Soil Types Unknown
Road Responsibility City/County
Number of Docks 1
Navigable Water Y/N N
Number of Slips 0
Water Oriented Y/N Y
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Internal Only
Street Number 1 20340
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* Excluded Features
List By
Coldwell Banker Realty

Broker

brett.deprince@cbrealty.com

Email

Affordability Calculator

$55,759
Per Month
98%
2%
0%
Monthly Principal & Interest
$54,563
Monthly Property Taxes
$1,196
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
8/5/2026$7,900,000 Listed Price

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20340 Silver Lake Drive, Rehoboth Beach, DE, 19971 is a Single Family Home for sale at $7,900,000 with 10,148 sqft and a lot size of 0.35. 20340 Silver Lake Drive has 9 bedrooms, 7.1 baths, and was built in 1980. The property's zip code is 19971 which is in Rehoboth Beach, DE

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