37821 Westwood Drive Rehoboth Beach, DE $ 417,500
37821 Westwood Drive
$ 417,500
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37821 Westwood Drive

Rehoboth Beach, DE, 19971
$ 417,500
Bedrooms1 Baths1.0 Sq 375

Monthly Estimate*

$ 2,884

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Townhouse for sale in Rehoboth Beach, DE

for $417,500 with 1 bedroom and 1 full bath. This 375 square foot townhouse was built in 1960 on a lot size of 0.17.

Coastal Charm Meets Proven Investment Potential Over $33,000 in 2026 Rental Income. An exceptional opportunity awaits along Rehoboth Beach's coveted Forgotten Mile! Perfectly situated between Rehoboth Beach and Dewey Beach, this beautifully renovated one-bedroom, one-bath coastal cottage offers the perfect combination of beachside charm, turnkey convenience, and impressive rental performance. Generating over $33,000 in gross rental income in 2026, this property presents an attractive opportunity for investors and beach lovers alike. Completely renovated in 2020, the cottage blends classic coastal character with modern finishes and thoughtful design. Sold fully furnished, the cottage features a queen bedroom, screened porch, deck, and a pull-out sofa, accommodating up to four guests. Outdoor living is equally inviting, with a screened porch perfect for morning coffee or relaxing after a day at the beach, along with a convenient outdoor shower. Just steps from the Thompson Island Trail, enjoy easy access to biking, walking, and exploring the natural beauty of the Delaware coast. With the beaches, dining, shopping, and entertainment of both Rehoboth and Dewey just minutes away, this location offers the coastal lifestyle vacationers return for year after year. The standout feature? Its proven rental performance. With over $33,000 in gross rental income for 2026, this cottage offers an established income history in one of Delaware's most desirable beach destinations. Its manageable footprint, updated interiors, and fully furnished condition make it an appealing, low-maintenance addition to an investment portfolio. Whether you're seeking a personal beach retreat, an income-producing investment, or the flexibility to enjoy both, this turnkey Forgotten Mile cottage delivers an exceptional opportunity to own a piece of the Delaware coast.

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Townhouse Active

Price

$ 417,500

Bedrooms

1

Full Bath

1

Property Type

Townhouse

Taxes

$ 788

Style

Cottage

Lot Size

0.17

Year Built

1960

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2124102

Features
General
Living Area 375
Sewer Public Sewer
Heating Wall Unit
Cooling Ductless/Mini-Split
Possession Immediate
Zoning AR-1
HOA Fee 816.00
Association Fee Includes Common Area Maintenance Trash
Architectural Style Cottage
Construction Materials Stick Built
School District CAPE HENLOPEN
Year Built 1960
Levels 1
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility Doors - Swing In Level Entry - Main
Assoc Fee Paid Per Quarterly
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Laundry Facilities
HOA Y
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions From Route 1 South: After Dewey-Rehoboth Bridge take a right Onto Bay Rd. Westwood Drive is second right. Cottages are on the lefthand side. #3 is on right side of building.
City REHOBOTH BEACH
Association Name SEA CLUB VI
Senior Community Y/N N
MLS Area Baltimore Hundred (31001)
Lot Size Units Square Feet
Lot Size Square Feet 7405.00
Tax Annual Amount 788.0
Home Warranty Y/N N
Structure Type Twin/Semi-Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 1113.33
Vacation Rental Y/N N
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Assessor
Legal Subdivision REHOBOTH MANOR
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 375
Half Baths 0
Central Air Y/N N
Total Bedrooms 1
Below Grade Finished Area 0
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Pool No Pool
Parking Features Assigned
Water Source Public
Type of Parking Driveway
Foundation Details Crawl Space
Water View Y/N N
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 57800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 37821
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

chelsea.bristow@msir.net

Email

Affordability Calculator

$2,949
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,884
Monthly Property Taxes
$66
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
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2026$417,500 Listed Price

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37821 Westwood Drive, Rehoboth Beach, DE, 19971 is a Townhouse for sale at $417,500 with 375 sqft and a lot size of 0.17. 37821 Westwood Drive has 1 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 19971 which is in Rehoboth Beach, DE