Welcome to 103 Lakeside Drive in the desirable Plantations East community of Lewes, Delaware. This well-maintained property presents an exceptional opportunity for investors, future retirees, second-home buyers, or anyone looking to secure a beach-area property before they are ready to move. Currently tenant-occupied through December 31, 2026, with rental income of $1,950 per month, this home offers immediate income-producing potential with a tenant already in place. It is also an excellent option for buyers seeking a 1031 Exchange replacement property, allowing investors to continue building wealth while benefiting from steady rental income. Plantations East is known for its scenic ponds, walking trails, mature landscaping, and peaceful setting, all while being conveniently located near the area's most popular attractions. Enjoy easy access to Lewes and Rehoboth Beach, shopping, dining, golf courses, entertainment, and everyday conveniences. Beebe Healthcare and other medical facilities are just minutes away. The community's central location provides convenient access throughout the coastal region while helping residents navigate around much of the seasonal beach traffic. Nearby state parks, biking trails, boating, fishing, and outdoor recreation make this an ideal location for both year-round living and vacation enjoyment. Whether you're looking for a turnkey investment property, a future retirement residence, a second home at the Delaware beaches, or a property suitable for a 1031 Exchange, 103 Lakeside Drive offers flexibility, income potential, and a highly desirable location close to everything coastal Delaware has to offer.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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