ddMLS # DESU2098906
37519 oyster house rd, Rehoboth Beach, DE 19971
$1,288,000
Single Family Home
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
Property Summary
Status:
Active
MLS #:
DESU2098906
Street Address:
37519 Oyster House Rd
City, State Zip:
Rehoboth Beach, DE 19971
County:
Sussex
Community:
None Available
Type:
Single Family Home
Area:
576 Sq Ft
Price
$1,288,000
Beds:
3
Baths:
2 Full / 0 Half
Garage:
0
Year Built:
1960
# of Stories:
1
Style:
Coastal
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
Bedrooms
Total Bedrooms:
3
BATHROOMS
Bath - Full:
2
Bath - Half:
0
Total Baths:
2
OTHER ROOMS
Total Rooms:
0
Furnished:
No
Accessibility:
None
Elevator:
No
Extra Unit:
Coastal
HEATING & COOLING
Cooling:
Central A/C
Heating:
Forced Air
Fireplace:
None
UTILITES
- Well
- Public Sewer
POOL & SPA
Pool: None
BUILDING & CONSTRUCTION
Style:
Coastal
Floors:
1
Construction Type:
Crawl Space
Exterior Type:
Other
Foundation:
Crawl Space
Views:
Yes - Canal
Porch And Patio And Deck:
Deck(s)
Lot Sq Ft:
16117
Lot Size:
75.00 x 219.00
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
0
Parking:
Driveway
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
None Available
In City Limits:
No
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
10/18/2025 08:13:32
# of Day on Market:
3 Days
FINANCE INFO
List Price:
$1,288,000
Annual Property Tax:
$250
HOA Fees:
$0
Condo Fees:
$0
Financing Type:
Cash, Conventional, Exchange
LISTING FIRM
Listed By:
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.