MLS # DESU2099510
37519 oyster house rd, Rehoboth Beach, DE 19971
$1,188,000
Commercial Sale
APPROVED preliminary plans to build three, 5 bed 4 bath homes! East of route one and an easy walk to Rehoboth Ave. Discover a rare opportunity to own a fully renovated, income-producing Rehoboth Beach cottage while unlocking incredible development potential. This charming coastal retreat sits on nearly half an acre and features a beautifully updated main cottage along with a separate in-law suite—perfect for extended family or vacation guests. The property currently operates as a successful short-term rental, generating approx Read More
Built In 1960
Property Summary
Status:
Active
MLS #
DESU2099510
Street Address:
37519 Oyster House Rd
City, State Zip:
Rehoboth Beach, DE 19971
County
Sussex
Type:
Commercial Sale
Price
$1,188,000
Year Built:
1960
Property Description
APPROVED preliminary plans to build three, 5 bed 4 bath homes! East of route one and an easy walk to Rehoboth Ave. Discover a rare opportunity to own a fully renovated, income-producing Rehoboth Beach cottage while unlocking incredible development potential. This charming coastal retreat sits on nearly half an acre and features a beautifully updated main cottage along with a separate in-law suite—perfect for extended family or vacation guests. The property currently operates as a successful short-term rental, generating approximately $45,000 per summer, even with two weeks reserved for the owner’s family. Beyond its charm and consistent income, this property offers something truly special: C-1 zoning with preliminary approval already in place for three new 5-bedroom, 4-bath homes. Whether you’re an investor seeking steady cash flow while you plan your project, or a developer ready to take advantage of the area’s booming new construction market, this property checks every box. New development around the corner has sold homes exceeding of $1.6 million, proving the strong demand for high-end coastal living in this location. Situated just one lot from the Rehoboth-Lewes Canal, the property offers easy access to everything that makes Rehoboth Beach so desirable. A new city-approved bike path located about 40 feet away will soon connect directly to Rehoboth Avenue and the Boardwalk, allowing guests or future homeowners to enjoy the beach, dining, and shops without ever starting a car. Located outside of Rehoboth Beach city limits, the property falls under Sussex County jurisdiction—making the permitting process simpler, faster, and more cost-effective. And to make things even easier, the listing agent is a local builder and contractor who can complete the future builds for the new buyer. This is an exceptional opportunity to own a cash-flowing Rehoboth Beach classic with the potential to develop three new luxury homes in one of Delaware’s most coveted coastal destinations. Buyer to confirm all permitted land uses with Sussex County. Seller is a licensed Delaware REALTOR®, local builder/contractor, and the listing agent.Property Details
Property & Interior Info:
Existing Name:
Accessibility:
None
Items Included:
Heating & Cooling:
Cooling:
Central A/C
Heating:
Forced Air
Utilities:
Water:
Well
Sewer:
Public Sewer
Utilities On Site:
Building & Construction:
Type:
Commercial Sale
Lot Dimensions:
75.00 x 219.00
Exterior Type:
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
In City Limits:
No
New Construction:
No
Historic Distict:
No
Last Price Change:
11/14/2025 10:46:20
# of Day on Market:
19 Days
Financial Info:
List Price:
$1,188,000
County Tax:
24
Annual HOA Fees:
$0
Annual Condo Fees:
$0
Financing Type:
Cash, Conventional, Exchange
LISTING FIRM
Listing Agent:
Crown Homes Real Estate
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.