SoldJan 26, 2026

Listed and Bought with Joseph Maggio from Dave McCarthy & Associates, Inc.

Source: Bright MLS #DESU2087972

427/20802 Spring Lake Drive, Rehoboth Beach, DE, 19971

$540,000

2
2
1000 sq. ft.

Condo

30+ days on the market

Sold: Jan 26, 2026

What's around 427/20802 Spring Lake Drive

About this property

READY TO GO AND FULLY FURNISHED *Savor the Flavor of Coastal Living in this Updated Condo in Sought-After Spring Lake!** Nestled along the picturesque Thompson Island Park in Rehoboth Beach, this charming two-bedroom, two-bathroom condo is the perfect blend of historic charm and modern convenience. With its prime location, you'll be just a stone's throw from the vibrant downtown area, yet surrounded by the serene beauty of the coastal landscape. This condo has been thoughtfully updated to provide the perfect blend of form and function. From the sleek, modern kitchen with stainless steel appliances and granite countertops, to the spacious bedrooms with plush carpeting and Luxury Vinyl and ample closet space, every detail has been carefully considered to ensure a comfortable and relaxing living experience. **Rental Income Producer Extraordinaire!** But it's not just the updates that make this condo a standout – it's also its impressive rental income potential! With its prime location and stunning views of the surrounding landscape, this condo is a sought-after destination for vacationers and beachgoers alike. Whether you're looking to supplement your income or create a lucrative investment opportunity, this condo is sure to deliver. **Amenities Abound!** And when you're not enjoying the comforts of your own home, you'll have access to a range of fabulous amenities, including: * A sparkling pool perfect for lounging on a warm summer day * A private patio area for outdoor entertaining and relaxation * And, of course, the stunning views of the surrounding landscape from every window! **Bike to Downtown Rehoboth Beach or Collect a Substantial Income – the Choice is Yours!** Whether you're looking to enjoy the best of Rehoboth Beach's vibrant downtown scene or create a lucrative investment opportunity, this condo has it all. With its prime location, stunning views, and impressive rental income potential, this is an opportunity you won't want to miss! **Don't Miss Out!** Contact us today to schedule a showing and make this incredible condo your own. Whether you're looking to live, invest, or simply enjoy the best of coastal living, this condo is sure to satisfy your cravings!

Looking for more information on 427/20802 Spring Lake Drive?

Explore comparables, sales history and growth for this property.
Learn more

Buyer's review

6 months ago

Responsive!

Joe was without a doubt the most responsive agent I have ever worked with, and I, too, am a Realtor (licensed out of state). Joe has an excellent knowledge of the local market which is exactly what I needed. Moreover, Joe has many local contacts to assist with the purchase and setting up a home. Joe is also willing to go that extra step to help out with task beyond his responsibilities such as video walkthroughs, which was so helpful when you live out of state!

B
Buyer

Seller's review

6 months ago

Excellent, knowledgeable, kind.

We purchased our first home with Joe 13 yrs ago. There wasn’t even a thought to go through any one else but Joe when we decided to sell our home. Joe is extremely knowledgeable of the Rehoboth area and beyond, including being licensed in FL. During our 13 yrs of having our vacation home in Rehoboth Beach, DE, we felt free to reach out to Joe about various questions over the yrs. He was always, kind, welcoming and highly knowledgeable. You don’t just have a realtor to get you through a transaction, you have one ongoing with Joe. You quickly feel like Joe is your friend, not just your realtor. Both of our transactions were seamless! We would never use, or recommend anyone else but Joe Maggio!

N
Nick And Robin Lykon
Seller

Similar properties sold nearby

SoldJul 30, 2026
$355,000
101/100 Cascade Lane
Rehoboth Beach DE 19971
2
2
Condo
Listing courtesy of REMAX Realty Group | Rehoboth Beach and Long & Foster Real Estate, Inc.
SoldJul 17, 2026
$410,000
4300 Sand Piper Drive
Rehoboth Beach DE 19971
2
2
1
Condo
Listing courtesy of Ocean Atlantic Sotheby's International Realty and REMAX Associates | Lewes
SoldJul 10, 2026
$457,000
21/4321 Sand Piper Drive
Rehoboth Beach DE 19971
2
2
2
Condo
Listing courtesy of Jack Lingo - Rehoboth and Northrop Realty

Other properties sold by Dave McCarthy & Associates, Inc.

SoldJul 24, 2026
$485,000
118 Chesapeake Drive
Rehoboth Beach DE 19971
3
2
4
Single-Family
Listing courtesy of Jack Lingo - Rehoboth and Dave McCarthy & Associates, Inc.
SoldJul 17, 2026
$980,000
13 Harborview Road
Lewes DE 19958
4
2
2
Single-Family
Listing courtesy of Coldwell Banker Premier - Rehoboth and Dave McCarthy & Associates, Inc.
SoldJul 15, 2026
$3,062,500
422 Burton Ave
Lewes DE 19958
4
6
3
Single-Family
Listing courtesy of Dave McCarthy & Associates, Inc. and Compass

Browse properties sold in nearby areas

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Dave McCarthy & Associates, Inc. participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent