Back 501/1 Virginia Avenue
Off Market

501/1 Virginia Avenue

Rehoboth Beach DE 19971

2
1
1
Condo
Last sold for $821,000
Kyle MayhewKyle Mayhew, last sold this property on 18 August 2025 after 297 days on market.

Overview

Welcome to One Virginia! One of Rehoboth Beach’s most desirable locations with outstanding Ocean and Boardwalk views from your patio and windows. This 2 Bedroom / 1 Bath unit is located on the top floor of the smaller building, is the 1st unit closest to the beach, and has southern exposure. This unit features upgraded Kitchen countertops, recessed lights, and comes fully furnished with a solid rental history if you were to choose to continue renting. One Virginia has secure access with video monitoring, a beautiful pool that was new in 2022, outdoor showers, bike storage, extra storage on the lower level for beach gear, private parking, two elevators and is just steps away from the boardwalk and beach. Located north of Rehoboth Avenue, the Gordons Pond section of Cape Henlopen is close by as well as access to the Breakwater Junction hiking and bike trails. Enjoy one of America’s best Beach Towns in a building that does not have many units come available that often.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Rehoboth Beach over the last 12 months, the estimated median property value of 501/1 Virginia Avenue is $500k.

Median value
$500k
Estimated value range
$299k - $1.4m
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rehoboth 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 501/1 Virginia Avenue

2025
Sold
$821,000
18 Aug 2025 by Kyle Mayhew, of RE/MAX Edge

Happy sellers in Rehoboth Beach

82%
82% of sellers in Rehoboth Beach reported that their sale price either exceeded or met their price expectations.

Rehoboth 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 Rehoboth Beach over the last 12 months.

Local market activity for 2 bedroom condos in Rehoboth Beach

In the last 12 months, 62 two-bedroom condos similar to 501/1 Virginia Avenue, have been sold.

This represents a 13% increase in two-bedroom condos sales when compared to the previous 12 months.

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