ddMLS # DESU2100576
116 laurel st, Rehoboth Beach, DE 19971
$2,400,000
Single Family Home
Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50’ x 131.98’ lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. It’s nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design Read More
Property Summary
Status:
Active
MLS #:
DESU2100576
Street Address:
116 Laurel St
City, State Zip:
Rehoboth Beach, DE 19971
County:
Sussex
Community:
South Rehoboth
Type:
Single Family Home
Area:
1,500 Sq Ft
Price
$2,400,000
Beds:
4
Baths:
2 Full / 0 Half
Garage:
0
Year Built:
1974
# of Stories:
1
Style:
Coastal
Property Description
Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50’ x 131.98’ lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. It’s nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design your dream home, beach retreat, or rental investment. Two well-known local builders have confirmed that a pool or hot tub can fit in the backyard if the new home is designed thoughtfully. Currently, the property generates between $66,000–$70,000 annually through a mix of short-term weekly rentals and a long-term off-season tenant. There’s ample parking with both off-street and street spaces available. Located on a quiet, tree-lined street, this home offers a peaceful setting while being just moments from the best of downtown Rehoboth Beach — from boutique shopping and gourmet dining to the Bandstand concerts, art shows, and beloved annual events like Sea Witch Festival, JazzFest, Gumbo Crawl, and the Rehoboth Christmas Parade. Whether you’re looking for a turn-key beach cottage, an investment property with strong rental history, or a blank canvas for your future coastal masterpiece — 116 Laurel Street is a rare gem with endless potential.Property Details
Bedrooms
Total Bedrooms:
4
BATHROOMS
Bath - Full:
2
Bath - Half:
0
Total Baths:
2
KITCHEN & DINING
- Entry Level Bedroom
- Dining Area
- Upgraded Countertops
OTHER ROOMS
Total Rooms:
0
INTERIOR FEATURES
- Entry Level Bedroom
- Dining Area
- Upgraded Countertops
Flooring:
Luxury Vinyl Plank, Tile/Brick
Furnished:
No
Accessibility:
None
Elevator:
No
Extra Unit:
Coastal
APPLIANCES
- Built-In Microwave
- Oven/Range - Electric
- Oven - Self Cleaning
- Refrigerator
- Icemaker
- Washer
- Dryer
- Water Heater
HEATING & COOLING
Cooling:
Central A/C
Heating:
Heat Pump(s)
Fireplace:
Yes - Wood
UTILITES
- Public
- Public Sewer
POOL & SPA
Pool: None
BUILDING & CONSTRUCTION
Style:
Coastal
Floors:
1
Construction Type:
Block
Exterior Type:
Stick Built, Frame
Foundation:
Block
Roofing:
Architectural Shingle
EXTERIOR & LOT FEATURES
- Outside Shower
Views:
Yes - Trees/Woods,Pond
Porch And Patio And Deck:
Deck(s)
Lot Sq Ft:
7405
Lot Size:
50.00 x 132.00
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
0
Parking:
Driveway, Off Street
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
South Rehoboth
In City Limits:
Yes
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
11/25/2025 03:36:17
# of Day on Market:
1 Days
FINANCE INFO
List Price:
$2,400,000
Annual Property Tax:
$5,182
HOA Fees:
$0
Condo Fees:
$0
Financing Type:
Cash, Conventional
LISTING FIRM
Listed By:
Monument Sotheby's International 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.