ddMLS # DESU2067984
5 read avenue, Dewey Beach, DE 19971
$2,975,000
Single Family Home
This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you’ll be able to embrace coastal living with the convenience of walking to the beach whenever you li Read More
Property Summary
Status:
Active
MLS #:
DESU2067984
Street Address:
5 Read Avenue
City, State Zip:
Dewey Beach, DE 19971
County:
Sussex
Community:
None Available
Type:
Single Family Home
Area:
2,800 Sq Ft
Price
$2,975,000
Beds:
5
Baths:
3 Full / 0 Half
Garage:
0
Year Built:
1946
# of Stories:
4
Style:
Coastal
Property Description
This stunning Dewey Beach ocean block home is an exceptional find, offering the ultimate beach lifestyle with all the modern comforts you need. Featuring 5 spacious bedrooms, 3 well-appointed bathrooms, and an additional office space, which is currently being used as a 6th bedroom, this home has plenty of room for family and guests. And that best part is you OWN the land! Located just steps from the sandy shores of Dewey Beach, you’ll be able to embrace coastal living with the convenience of walking to the beach whenever you like. One of the standout features of this home is its breathtaking rooftop deck, where you can soak in panoramic views of both the ocean and the bay. Whether it’s morning coffee at sunrise or evening cocktails at sunset, this rooftop escape offers tranquility and charm. The home is also a short walk from the best local restaurants, bars, and entertainment that Dewey Beach has to offer, making it ideal for those who love to experience the vibrant beach community. Inside, you’ll find a completely renovated space designed with modern touches and high-quality materials. The kitchen is a chef’s dream, equipped with stunning granite countertops, all-new stainless steel appliances (with 5-year extended warranties), and upgraded cabinetry that boasts under-cabinet lighting for a sleek and modern beach feel. The luxury vinyl plank flooring throughout the first floor offers an attractive and durable surface, perfect for the sandy beach lifestyle and easy cleaning. Beyond aesthetics, this home has been updated with functional, energy-efficient improvements. A new 80-gallon water heater ensures plenty of hot water for all your guests, and the encapsulated crawlspace, complete with a dehumidifier, adds an extra layer of protection and comfort. New HVAC ductwork ensures consistent heating and cooling throughout the home, while the fresh carpeting on the stairs adds comfort. Additionally, the roof over the kitchen has been replaced, and 15 new windows allow natural light to flood the space. Outdoors, you’ll appreciate the newly installed front trek decking, an ideal spot for morning relaxation or evening socializing. After a long day at the beach, rinse off in the outdoor shower—an essential beach house feature that enhances convenience and cleanliness. This versatile home presents numerous opportunities. Whether you’re looking for a primary residence, a vacation getaway, or a profitable investment property, the possibilities are endless. With a projected rental income of $10,000 to $15,000 per week during the summer months, this home offers tremendous income potential for vacation rentals, especially during peak weeks. With its unbeatable location, thoughtful renovations, and ample living space, this Dewey Beach home is a rare gem that combines the best of beach living with modern luxury. Don't miss your chance to make this extraordinary property your own! Ask your agent for a list of the attached recent upgrades and the survey.Property Details
Bedrooms
Total Bedrooms:
5
BATHROOMS
Bath - Full:
3
Bath - Half:
0
Total Baths:
3
OTHER ROOMS
Total Rooms:
0
Furnished:
No
Accessibility:
Other
Elevator:
No
Extra Unit:
Coastal
APPLIANCES
- Dishwasher
- Dryer - Electric
- Microwave
- Oven/Range - Electric
- Refrigerator
- Washer
- Water Heater
HEATING & COOLING
Cooling:
Central A/C
Heating:
Heat Pump(s)
Fireplace:
None
UTILITES
- Public
- Public Sewer
POOL & SPA
Pool: None
BUILDING & CONSTRUCTION
Style:
Coastal
Floors:
4
Construction Type:
Concrete Perimeter,Other
Exterior Type:
Advanced Framing, Vinyl Siding, CPVC/PVC
Foundation:
Concrete Perimeter,Other
Views:
Yes - Ocean,Bay
Lot Sq Ft:
3755
WATERFRONT & WATER ACCESS
Waterfront Description:
Ocean
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
0
Parking:
Driveway, Off Street, On Street, Other Private, Secure Parking
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Dewey Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
None Available
In City Limits:
Yes
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
11/11/2024 03:15:38
# of Day on Market:
78 Days
FINANCE INFO
List Price:
$2,975,000
Annual Property Tax:
$1,279
HOA Fees:
$0
Condo Fees:
$0
Financing Type:
Conventional, Cash
LISTING FIRM
Listed By:
Keller Williams Realty
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.