This Is What $2 Million Looks Like: A Block From The Beach In Rehoboth

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Hot House: 103 Rodney Street, Rehoboth Beach, DE 19971

 

Rodney:front

Cape Cod-style beach cottage, circa 1950, wood frame with vinyl siding and wood shingle roof, extensively renovated in 2005. About 1,500 sq. ft over two stories. Also has two-story detached guest cottage (no photo) with 2 bedrooms, for a total of 7 bedrooms, 6.5 baths. Main house has 2 first floor bedrooms, gourmet kitchen, family room with fireplace, living room, reading room. Three upstairs bedrooms, each with own bath. Outdoor shower. Heat and central A/C, .11 acre landscaped lot: $1,950,000

Rodney:back 

What: A sweet beach cottage, close to the ocean and with some curb appeal. It has a name, Seahorse Crossing, and has been used as a rental property. “No smoking, no pets of any kind or groups under the age of 25.” According to the listing it is a “rental powerhouse,” with a “five-year history of being a  $100K+ income generator.” The main house sleeps 12, which is incredible considering its 1,514 sq ft. size. The living room has a fireplace. The bathrooms are modern. There’s a good-sized, eat-in kitchen with granite countertops and access to an outdoor patio. Amenities include an outdoor hot tub, an outdoor shower and an irrigation system for the tiny yard. Across the patio is the guest house.

Rodney:porch

Rodney:kitchen

Where: A nice Rehoboth location, near the southern half of the mile-long boardwalk, at a slight remove from, but an easy walk to, all the shops and tourists. It’s about 2 1/2 hours from Baltimore, depending on traffic. Rehoboth is a small town, with just 1,500 year-round residents. That population can swell to 27,000 during the summer months. It has a pleasant family feeling, with an unusual number of high-end restaurants for a beach town, and is known for being gay-friendly. In 2012, it received a 5-star rating for water quality.

Why: We like the small scale, as we can’t stand overbuilt beach houses. Income generator.

Why Not: Price is more than a million dollars above the Zillow estimate.

NB: Pretty crowded at maximum capacity of 16.

Would Suit: Wee folk.

Rodney:beach



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