$1,999,000
Calculate Payment
Calculate Payment
20906 Old Bay Road Rehoboth Beach, DE 19971
Residential
Residence
6
Beds
5
Baths
...
Bed/Bath
4,500
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Luxurious Coastal Retreat – Rehoboth Beach/Dewey Beach, DE Completely remodeled and just moments from the beach and downtown Dewey Beach, this stunning 6-bedroom, 5-bathroom home offers a perfect blend of modern luxury and coastal charm. With spacious living areas across two levels, this property... is ideal for year-round living, vacation getaways, or a high-performing rental investment. The open-concept layout is perfect for entertaining, highlighted by a chef’s kitchen featuring high-end stainless steel appliances, custom cabinetry, and a butler’s pantry. The luxurious primary suite boasts heated bathroom floors, a large walk-in shower, and a whirlpool tub. A newly added second-floor suite with private entrance and deck is ideal for guests or multigenerational living. Two dedicated office spaces offer added flexibility for remote work or extra living areas. Outdoor living shines with extensive hardscaping, a Cambridge patio, hot tub, irrigated landscaping, cedar garden boxes, and a heated greenhouse with electricity. A vinyl privacy fence surrounds the property, creating a true backyard sanctuary. The garage is fully outfitted for woodworking or creative projects, with 240V power and ample workspace. Recent updates include: - New roof (Jan 2025) - Oversized concrete driveway - New 2nd floor ductwork - Reverse osmosis water system - Two 50-gallon water heaters - Conditioned crawlspace with dehumidifiers - Upgraded PVC waterline Proven rental income: $1,600/night on summer weekends and $60K–$75K in gross annual revenue Furniture is negotiable—seller is open to selling fully furnished for a turnkey rental or immediate use. Don’t miss this rare opportunity to own a versatile, income-producing coastal home that’s equally suited for family living, vacation use, or multigenerational stays. Schedule your private showing today. https://vimeo.com/1076842471
Continue reading
MLS#
DESU2079266
Property Type
Residential
Bedrooms
6
Bathrooms
5 Full
Year Built
1970
Square Feet
4,500
sq. ft
Price per Sq. Ft.
$444.22
Lot Size
0.32
Stories
2.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.