Back 120 Read Avenue
Off Market

120 Read Avenue

Dewey Beach DE 19971

5
4
2800 sq. ft.
6098 sq. ft.
Single-Family
Last sold for $2,200,000
Debbie ReedDebbie Reed, last sold this property on 19 March 2026 after 283 days on market.

Overview

This 5-bedroom bay block stunner with elevator is made for year-round memories, from sunny days to crisp fall weekends and everything in between. Just one block to the ocean, a half block to the bay, and packed with everything you need for serious fun in the sun. Bring the crew. There’s room for everyone. Lounge by your private pool with river jets for swimming, hop on your bike to the beach, or grab the boat from the nearby marina. Start with cocktails at your private outdoor bar, fire up the grill for a backyard BBQ, and enjoy the game area before heading to the pool. Take in the sunset from the upper deck, sip your morning coffee on the deck off the primary suite, or unwind on the second deck just off the family room. There’s plenty of storage for bikes and beach gear, sun decks to soak in the Dewey vibe, and space to spread out. Prime location to access the bay for kayaking, paddle boarding, and most all of your favorite water sports. Thinking investment? This home has major rental potential. 120 Reed Avenue is more than a beach house. It’s a full-on summer lifestyle that just spells F-U-N.

Features

5 bedrooms
4 bathrooms
2800 sq. ft. floor area
6098 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Dewey Beach over the last 12 months, the estimated median property value of 120 Read Avenue is $1.43m.

Median value
$1.43m
Estimated value range
$590k - $4.21m
Median days on market
28
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dewey Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 120 Read Avenue

2026
Sold
$2,200,000
19 Mar 2026 by Debbie Reed, of REMAX Realty Group | Rehoboth Beach
2018
Sold
$625,000
14 Sep 2018 by ED STAUFFER, of Coldwell Banker Resort Realty - Rehoboth

Happy sellers in Dewey Beach

80%
80% of sellers in Dewey Beach reported that their sale price either exceeded or met their price expectations.

Dewey Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Dewey Beach over the last 12 months.

Local market activity for 5 bedroom single-family properties in Dewey Beach

In the last 12 months, 46 five-bedroom single-family properties similar to 120 Read Avenue, have been sold.

This represents a 23% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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