38180 Terrace Road, Rehoboth Beach, DE, 19971

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$2,550,000
54 Days Online

38180 Terrace Road
Rehoboth Beach, DE 19971

For Sale|Single Family Home|Active Under Contract
3
Beds
3
Full Baths
1
Partial Bath
1,600
SqFt
$1,594
/SqFt
1974
Built
Subdivision:
Silver Lake Manor
County:
Sussex
Call Now: 717-991-5470
Is this the home for you? We can help make it yours.
717-991-5470
38180 Terrace Road38180 Terrace Road38180 Terrace Road38180 Terrace Road
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2 Lots just outside town limits just 2.5 blocks from the iconic Boardwalk and the shimmering Atlantic Ocean. build two homes and share the pool. , The existing Cottage is a charming classic is nestled on not one, but two spacious lots in the desirable Silver Lake Manor neighborhood. A true retreat that combines the convenience of downtown Rehoboth with a sense of serene privacy. Step inside this picturesque home and prepare to be captivated. Boasting alluring Cottage Chic upgrades, including gleaming stainless steel appliances, stunning Carrera marble countertops, farm sink, upgraded cabinetry, and a generously sized, 19x23 screened porch for outdoor living, every aspect has been meticulously designed to offer both style and comfort. The striking property itself presents an enticing opportunity for local high-end builders, while at the same time, it should not be underestimated as a hidden gem in its own right. With a full basement for additional space and storage, a large heated pool adorned by gas torches with fenced yard ensuring privacy and security, and a delicate touch of original knotty pine, this well-cared-for home offers the epitome of comfortable living. Although it has never been rented before, the potential for this exquisite property to generate over $100K per season is evident, making it an exceptional investment opportunity. But for now, take a moment to unwind on the charming back deck and savor the breathtaking sunsets with a refreshing beverage in hand. Let the cares of the day melt away as you embrace the truly endless beauty that surrounds you.

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Listing Snapshot
Price 
$2,550,000
Days Online 
54 Days
Bedrooms 
3
Inside Area (SqFt) 
1,600 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.32 Acres
Year Built 
1974
MLS Number 
DESU2045668
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active Under Contract
3 weeks agoPrice changed to $2,550,000
2 months agoListing first seen online
General Features
Style 
Ranch/Rambler
Water 
Public
Sewer 
Public Sewer
Utilities 
Cable TVPropanePhone
Electric 
220 Volts200+ Amp Service
Garage 
Yes
Parking 
Surface
Foundation 
Block
Other Structures 
Above Grade
Construction Materials 
Stick BuiltVinyl Siding
Zoning 
RESIDENTIAL
Levels Count 
1
Acceptable Financing 
CashConventional
Interior Features
Flooring 
HardwoodTile/Brick
Appliances 
CooktopDishwasherDisposalDryer - ElectricExhaust FanExtra Refrigerator/FreezerIcemakerRefrigeratorMicrowaveOven/Range - GasOven - Self CleaningWasher
Laundry 
Main Floor
Heating 
Forced AirHeat Pump(s)
Cooling 
Attic FanCentral A/CHeat Pump(s)
Central Air 
Yes
Basement 
Yes
Basement Description 
FullSump Pump
Fireplace 
Yes
Other Interior Features 
AtticBreakfast AreaKitchen - CountryCombination Kitchen/DiningCombination Kitchen/LivingEntry Level BedroomCeiling Fan(s)WhirlPool/HotTubWindow Treatments
Main Level Bedrooms 
3
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Exterior Features
Body of Water 
Atlantic
View 
Street
Road 
Black Top
Pool 
Yes - Personal
Personal Pool Features 
ConcreteGuniteHeatedIn Ground
Lot Features 
LandscapingPartly WoodedSubdivision Possible
Roof 
Architectural ShingleAsbestos Shingle
Other Exterior Features 
Hot TubLawn SprinklerOutside Shower
Community Features
Accessibility Features 
None
Senior Community 
No
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Dave McCarthy & Associates, Inc. (302) 426-2080



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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