3 Laurel Street

Rehoboth Beach, DE
$ 4,095,000 Beds 5 Baths 5.5 Sq 2,500
Monthly Estimate* How much can I afford?

Whether you're an investor looking for a Rental Machine or looking for your personal ocean block oasis 3 Laurel Street will deliver! Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. Currently being used as rental property, the home has grossed over $200,000 the last 2 rental seasons and is already at $235,000+ for 2026 with peak weeks renting for $15,000! The furnishings and tvs are negotiable making this property perfect for investors looking for a turn key income producing property. Close before summer and collective the income at closing! This home is much more than just a rental property and checks all of the boxes for buyers who are looking for a luxury home with incredible ocean views and a short walk to all of the attractions Rehoboth Beach has to offer. This magnificent 2,500sqft beach house is only 150 feet from the beach and boardwalk with Ocean views from all rooms on the front of the house. Tons of outdoor space to take in the sights and sounds of Rehoboth Beach from the front porch, by the pool or the second floor deck. The spacious well thought out great room has incredible attention to detail such as exposed beams, stacked stone gas fireplace, and sustainable hardwood floors that carry throughout the entire house. The open floor plan is tied together perfectly with 10 ft ceilings, Pella windows and gorgeous craftsman trim everywhere you look.Cooking dinner for all of your guests will be a delight in the chef s kitchen with quartz counters, stainless steel Kitchen Aid appliances, 48 inch gas range and oversized French door refrigerator/freezer. All 5 of the spacious ensuite bedrooms feature tiled bathrooms with frameless glass showers. The third floor suite is embellished with exposed beams and a cathedral ceiling. This home truly has it all; a sunken laundry room, pantry closet, easy access to a conditioned crawl space, split system HVAC and 2 tankless hot water heaters. Exterior features include a paver front porch, backyard paver patio with pool, privacy fencing, outdoor shower, cedar impression siding and stone, composite decking, irrigation system and parking for 2 cars.This South Rehoboth masterpiece is only steps to the ocean, 4 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants.

ACTIVE

  • Price
  • $ 4,095,000
  • City
  • Rehoboth Beach
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • SUSSEX
  • Half Bathrooms
  • 1
  • Area
  • Lewes Rehoboth Hundred
  • Lot Size
  • Zip
  • 19971
  • Sqr Footage
  • 2,500
  • Year Built
  • 2024
  • Taxes
  • $ 1134
  • Style
  • Cape Cod
  • MLS#
  • DESU2118150
Listed By: JORDAN GEYER with Jack Lingo - Rehoboth - 3022273883;
Data Source: Bright MLS

Features

General

Living Area 2500
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Immediate
Zoning RES
Architectural Style Cape Cod
Pool Features In Ground
Construction Materials Shingle Siding,Stick Built,Tile,Vinyl Siding,Stone
School District CAPE HENLOPEN
Year Built 2024
View Ocean
Levels 2.5
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction No
Property Type Residential
HOA No
Subdivision Name SOUTH REHOBOTH
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Full Baths 5
Status ACTIVE
Directions Heading East on Rehoboth Ave,turn right onto S. First Street and then Left onto Laurel St. Home is on the left.
City REHOBOTH BEACH
Body of Water Atlantic Ocean
Disclosures Agent Related to Owner
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 5000.00
Tax Annual Amount 1134.68
Home Warranty Y/N No
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 1638.0
Acceptable Financing Cash,Conventional
Lease Considered Y/N No
Vacation Rental Y/N Yes
Total SQFT 2500
Location Type Oceanblock
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Total Actual Rent 235000.00

Interior Features

Heating Fuel Electric
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Tankless
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2500
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 5
Main Level Bedrooms 1
LivingAreaSource Estimated
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 3
Bedrooms Count Upper Level 2 1
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 2 1
Bathrooms Full Upper Level 1 3
Bathrooms Full All Upper Levels 4
Bathrooms Count Upper Level 2 1.00
Bathrooms Count Upper Level 1 3.00
Bathrooms Count All Upper Levels 4
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 6

Exterior Features

Pool Yes - Personal
Fencing Vinyl
Water Source Public
Inclusions Furniture and TV negotiable.
Total Parking Spaces 2
Type of Parking Off Street
Foundation Details Crawl Space
Water View Y/N Yes
Lot Dimensions 50x100
Lot Size Acres 0.00
Water Body Type Ocean
Lot Size Source Estimated
Waterfront Y/N No
Horse Y/N No
Navigable Water Y/N No
Water Oriented Y/N Yes
LotDimensionsSource Estimated
Off Street - # of Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Selbyville, DE office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/12/2026 Listed $4,095,000

Property vs Zip Code Average in 19971

Price
AVG $1.91M
$4.1M
Taxes
AVG $2,601
$1,134
Year Built
AVG 1997
2024
Visits
AVG 324
80
Data Provided by Inside Real Estate®

3 Laurel Street Rehoboth Beach, DE is a Single Family Home for sale at $4095000 with 2500 sqft and a lot size of Acre(s). 3 Laurel Street Rehoboth Beach has 5 bedrooms, 5 baths and was built in 2024. The property's zip code is 19971 which is in Rehoboth Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.