SoldMay 27, 2022

Listed by Andy MEDDICK

Source: Bright MLS #DESU2021010

302 Laurel St, Rehoboth Beach, DE, 19971

$2,395,000

5
5
2
4500 sq. ft.
4792 sq. ft.

SingleFam

•

24 days on the market

Sold: May 27, 2022

What's around 302 Laurel St

About this property

Built in 2018 by Echelon Custom Homes, this home is located on one of the quietest streets in town, with ample parking. Park the car and walk to Rehoboth Avenue for dinner, the boardwalk for a stroll or sit on the quiet front porch or large back patio. The owners thought of everything as this home was built with multiple gathering spaces, including a fully-equipped game room on the lower level. Features include double off-street parking spaces and a large outdoor closet for bikes & beach equipment. With a proven rental history, $127k of gross rental income in 2021 (notwithstanding part-time owner use), this is the perfect Rehoboth beach house for family enjoyment and income generation if desired. Facts & Features: 3000 sf + Lower Level Game Room. 5 Bedrooms, 4.5 Baths. Wide-open floorplan featuring chef's kitchen with double islands, 2 dishwashers, 2 ovens & a wine fridge. Sleeping capacity of 14+. High efficiency HVAC and dual oversized water heaters. Outdoor beach and bike closet. Oversized solar system on roof (Owned). Professionally decorated ? FULLY furnished (excluding 1 painting.) Large rear patio with pergola & outdoor teak dining table. Fully fenced backyard for privacy and pets. Private outdoor shower. Rentals: Turnkey rental with great income potential and history. The owner's family used this home regularly and yet generated significant rental income to help offset the expenses of a beach home. This home has 35 Five Star Reviews as a vacation rental: "What a beautiful open, gorgeous space with every amenity. The chef's kitchen, first and second floor living areas, double master bedrooms, easy proximity to the beach and town. Spotless brand new construction, lovely decoration, we camped out there and only went out to dinner once in five days it was so nice to be there! An oasis of a house in Rehoboth." "We just loved the house and the neighborhood. The kitchen is first rate, with two dishwashers and a wide open island. The dining room table runs alongside the kitchen and also opens into the living room area. The huge TV can be viewed from the kitchen as well as several surrounding sofas. Lots of closets and storage space. There is a master bedroom both on the first floor and the second floor so adults can be downstairs and the kids upstairs. We walked to the beach every single morning, and walked into town regularly. The house is spacious without being overwhelming and just filled with sunlight. A real find." Guest bookings through 8/20/22 to be inherited/honored by new owners. All rentals must be honored.

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