5 READ AVENUE Dewey Beach, DE 19971
5 Beds
3 Baths
2,800 SqFt
UPDATED:
11/11/2024 07:16 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $1,062
Subdivision None Available
MLS Listing ID DESU2067984
Style Coastal
Bedrooms 5
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,800
Originating Board BRIGHT
Year Built 1946
Annual Tax Amount $1,279
Lot Size 3,755 Sqft
Acres 0.09
Property Description
One of the standout features of this home is its breathtaking rooftop deck, where you can soak in panoramic views of both the ocean and the bay. Whether it’s morning coffee at sunrise or evening cocktails at sunset, this rooftop escape offers tranquility and charm. The home is also a short walk from the best local restaurants, bars, and entertainment that Dewey Beach has to offer, making it ideal for those who love to experience the vibrant beach community.
Inside, you’ll find a completely renovated space designed with modern touches and high-quality materials. The kitchen is a chef’s dream, equipped with stunning granite countertops, all-new stainless steel appliances (with 5-year extended warranties), and upgraded cabinetry that boasts under-cabinet lighting for a sleek and modern beach feel. The luxury vinyl plank flooring throughout the first floor offers an attractive and durable surface, perfect for the sandy beach lifestyle and easy cleaning.
Beyond aesthetics, this home has been updated with functional, energy-efficient improvements. A new 80-gallon water heater ensures plenty of hot water for all your guests, and the encapsulated crawlspace, complete with a dehumidifier, adds an extra layer of protection and comfort. New HVAC ductwork ensures consistent heating and cooling throughout the home, while the fresh carpeting on the stairs adds comfort. Additionally, the roof over the kitchen has been replaced, and 15 new windows allow natural light to flood the space.
Outdoors, you’ll appreciate the newly installed front trek decking, an ideal spot for morning relaxation or evening socializing. After a long day at the beach, rinse off in the outdoor shower—an essential beach house feature that enhances convenience and cleanliness.
This versatile home presents numerous opportunities. Whether you’re looking for a primary residence, a vacation getaway, or a profitable investment property, the possibilities are endless. With a projected rental income of $10,000 to $15,000 per week during the summer months, this home offers tremendous income potential for vacation rentals, especially during peak weeks.
With its unbeatable location, thoughtful renovations, and ample living space, this Dewey Beach home is a rare gem that combines the best of beach living with modern luxury. Don't miss your chance to make this extraordinary property your own! Ask your agent for a list of the attached recent upgrades and the survey.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RESIDENTIAL
Direction East
Rooms
Main Level Bedrooms 1
Interior
Hot Water 60+ Gallon Tank
Heating Heat Pump(s)
Cooling Central A/C
Equipment Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Appliance Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Electric
Exterior
Garage Spaces 5.0
Waterfront N
Water Access Y
View Ocean, Bay
Accessibility Other
Parking Type Driveway, Off Street, On Street, Other
Total Parking Spaces 5
Garage N
Building
Story 3.5
Foundation Concrete Perimeter, Other
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 3.5
Additional Building Above Grade
New Construction N
Schools
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-20.18-196.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
