40 Beach Avenue, Rehoboth Beach, DE 19971-2517 $4,799,000

Beds/Baths: 7/7.1
Interior Sq. Ft: 4,200
Acreage: 0.11
Age:0 years
Style:
Contemporary
MLS#: DESU2074170
Subdivision: Indian Beach
Design/Type:
Detached

Description

Introducing 40 Beach Avenue – a modern masterpiece on the ocean block of private North Indian Beach. This new home, crafted by Lane Builders in 2024, is being sold furnished and features 7 bedrooms, 7.5 baths, and 4200+/- square feet of finished indoor space spanning across 4 luxurious levels. What’s more, you’ll enjoy breathtaking views of the Rehoboth Bay and the Atlantic Ocean from your expansive Duradek rooftop deck. Every inch of this home has been customized to perfection, including custom millwork throughout, multiple wet bars, customized bathroom and kitchen cabinetry, and soft close cavity pocket doors. An upgraded lighting and electronics package by Overture Ultimate Home Electronics includes low voltage recessed lighting throughout, customizable keypads, Paradigm ceiling speakers on the fourth level, LED/OLED Sony TVs, and more. An elevator services every floor from the garage to the rooftop deck. The first level of the home features porcelain tile flooring throughout, a bedroom, bathroom with tiled shower, rec room, and wet bar with custom tile. A nod to the history of the North Indian Beach community is incorporated into the brick wall of the entryway – reclaimed from the original beach cottage that once stood on this lot. The second and third level each have 3 bedrooms with 3 ensuite bathrooms, a washer and dryer, and a tech station. The primary bathroom on the third level is wheelchair accessible with a zero-threshold shower. The living and dining area and the gourmet kitchen are on the fourth level of this state-of-the-art home – all with views of the Rehoboth Bay. The kitchen is a chef’s dream, featuring Vadara Quartz countertops with built-up edges, an 8-burner Wolf range, XO range hood, pot filler, Ruvati kitchen sinks, KitchenAid stainless steel refrigerator, microwave, wall oven, two dishwashers, a butler’s pantry and a full wet bar with ice maker, wine cooler and beverage refrigerator. There is also a powder room on this level. Steps from the kitchen is the fourth level Duradek deck with outdoor grill, refrigerator, and honed granite countertops. Follow the stairway to the best part of all – the rooftop deck with stunning views of Rehoboth Bay, Dewey Beach, and the Atlantic Ocean. With the unique allowance in North Indian Beach to build to a height of 42 feet, this home has an impressive advantage above and beyond those in neighboring Indian Beach and Dewey Beach, where 35 feet is the max. The rooftop deck has a stub for a future fire pit and wiring for outdoor speakers. It is also structurally sufficient to hold a hot tub. The garage in this home is not to be overlooked. It includes one of the three laundry stations in the home, sink with granite countertop and custom cabinetry, a drying rack, and True brand commercial-size ice machine to make filling up your beach cooler a breeze. It also houses the tank for your fire suppression system and a lead/lag booster pump to ensure consistent water pressure always flows within the home. This unbelievable home is being offered fully furnished and turn-key with high-end furnishings from Universal, Lexington, Fairfield Chair, John Thomas, Braxton Culler, Creative, and Legacy. All design work and furniture selections were done by Barbara Anderson Design and truly capture that high-end, coastal feel. Located in the intimate oceanside enclave of North Indian Beach, you’ll have access to a private, guarded beach and neighborhood security patrol. This community allows one-week rentals, meaning this property isn’t just an incredible coastal getaway for you as a primary or secondary home but also a valuable rental opportunity with the potential for $15,000 per week during prime summer weeks. Walk to everything Dewey Beach has to offer and then retreat to the calm oasis of North Indian Beach when you call 40 Beach Avenue your home away from home! Be sure to view the Drone Video and 3D Virtual Tour!

Taxes: $3,832
Home Assoc: $3,400/Annually
Condo Assoc: No
Garage: Y
Basement: N
Pool: No Pool
School Dist: Cape Henlopen

Features

Community
HOA: Yes; Amenities: Beach, Security; Fee Includes: Common Area Maintenance, Management, Reserve Funds, Trash;

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Tankless, Public Water, Public Sewer, 200+ Amp Service, Circuit Breakers, Has Laundry

Garage/Parking
Attached Garage, Driveway, Additional Storage Area, Garage - Front Entry, Inside Access, Attached Garage Spaces #: 1;

Interior
Built-Ins, Butlers Pantry, Ceiling Fan(s), Recessed Lighting, Upgraded Countertops, Sound System, Tile/Brick Flooring, Engineered Wood Flooring, Accessibility - Elevator, Accessibility - Roll-in Shower, Accessibility - Roll-under Vanity, Carbon Monoxide Detector(s), Exterior Cameras, Security System, Smoke Detector

Exterior
Slab Foundation, Stick Built Exterior, Deck(s), BBQ Grill, Lawn Sprinkler, Outside Shower

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 1.71 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 4.7 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 4.46 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Jack Lingo - Lewes , (302) 645-2207

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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/24/2024.

40 Beach Avenue, Rehoboth Beach, DE 19971-2517

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.