5 READ AVENUE Active

Dewey Beach,DE 19971

$ 2975000

5 Beds

3 Baths

2800 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $1,062

Subdivision None Available

MLS Listing ID DESU2067984

Style Coastal

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,800

Originating Board BRIGHT

Year Built 1946

Annual Tax Amount $1,279

Lot Size 3,755 Sqft

Acres 0.09

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.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning RESIDENTIAL

Direction East

Rooms

Main Level Bedrooms 1

Interior

Hot Water 60+ Gallon Tank

Heating Heat Pump(s)

Cooling Central A/C

Equipment Dishwasher,Dryer - Electric,Microwave,Oven/Range - Electric,Refrigerator,Washer,Water Heater

Appliance Dishwasher,Dryer - Electric,Microwave,Oven/Range - Electric,Refrigerator,Washer,Water Heater

Heat Source Electric

Exterior

Garage Spaces 5.0

Waterfront N

Water Access Y

View Ocean,Bay

Accessibility Other

Parking Type Driveway,Off Street,On Street,Other

Total Parking Spaces 5

Garage N

Building

Story 3.5

Foundation Concrete Perimeter,Other

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 3.5

Additional Building Above Grade

New Construction N

Schools

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-20.18-196.00

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

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