21089 Elizabeth Ave, Rehoboth Beach, DE 19971
Local realty services provided by:ERA Liberty Realty
Listed by: george w manolakos
Office: patterson-schwartz-brandywine
MLS#:DESU2112446
Source:BRIGHTMLS
Price summary
- Price:$1,799,000
- Price per sq. ft.:$2,215.52
About this home
This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware....
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Home facts
- Year built:1957
- Listing ID #:DESU2112446
- Added:4 day(s) ago
- Updated:May 26, 2026 at 01:45 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Partial
- Living area:812 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1957
- Building area:812 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Ranch/Rambler
- Construction Materials:Aluminum Siding
- Foundation Description:Block
- Levels:1 Story
Schools
- High school:CAPE HENLOPEN
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,799,000
- Price per sq. ft.:$2,215.52
- Tax amount:$1,430 (2025)
Features and amenities
- Amenities:Above Ground Utilities
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