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Sold for $1,450,000
  • $1,450,000

    111 Carolina St, Dewey Beach, DE 19971

    3beds
    --sqft
    Single Family Residence
    Built in 1961
    4,792 Square Feet Lot
    $1,906,200 Zestimate®
    $--/sqft
    $3,035 Estimated rent

    Home value

    $1,906,200

    $1.58M - $2.34M

    $3,035/mo

    Zestimate® history
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    What's special

    Modern appliancesLush mature landscapingSpacious outdoor showerPrivate sanctuaryCozy fireplaceQuartz countertopsUpdated kitchen
    Welcome to 111 Carolina St – A Coastal Gem in Rehoboth By The Sea! Nestled in the highly sought-after community of Rehoboth By The Sea, this stunning Crow’s Nest model was originally the builder’s showcase home, perfectly positioned on one of the highest lots in the neighborhood. Just 1.5 blocks from the beach, this 3-bedroom, 2-bathroom coastal cottage embodies the essence of beachside living with the perfect blend of comfort, character, and convenience. This pristine home has never been rented and has a renewed 50 year lease. Outdoor Oasis Step through the cheerful yellow gate into your private sanctuary, where lush, mature landscaping surrounds a fully fenced yard. Whether you're unwinding in the 6-person Saratoga Empire hot tub, enjoying a backyard BBQ, or relaxing on the Southern exposed front porch, this outdoor space is designed for both tranquility and entertaining. New hardscape pavers lead to a spacious outdoor shower with a changing area—a must-have after a day in the sand and surf. The exterior is crafted from solid Cypress board and batten, ensuring timeless durability and coastal charm. With a deep driveway and ample parking, you and your guests will always have space to park. Coastal Charm Meets Modern Comfort Inside, vaulted ceilings with exposed beams, a cozy fireplace, and thick, wide-plank cedar walls and flooring create a warm and inviting atmosphere. Sunlight pours in through upgraded Andersen windows, offering a bright, airy feel and refreshing coastal breezes. The updated kitchen is as stylish as it is functional, featuring soft-close drawers, lighted cabinets, quartz countertops, and modern appliances—perfect for preparing meals after a sun-soaked day at the beach. Unbeatable Location Positioned between Rehoboth and Dewey Beach, this home offers endless opportunities for adventure. Just two blocks north, you'll find the scenic Silver Lake, while a short walk south takes you to Dewey Beach’s vibrant restaurants and nightlife. Hop on the Jolly Trolley or take a leisurely 15-minute stroll to downtown Rehoboth, where boutique shopping, award-winning dining, and lively entertainment await. Prefer the outdoors? Enjoy a bike ride to Gordon’s Pond or the Lewes-Rehoboth Trail to explore Delaware’s breathtaking natural beauty. A Smart Investment Beyond its undeniable charm, 111 Carolina St presents a fantastic investment opportunity with strong rental potential. Whether you're looking for a peaceful beach retreat or a highly desirable income-generating property, this coastal escape checks all the boxes. Don’t miss your chance to own a slice of paradise! Schedule your private showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    BLAIR CHERICO 302-275-1636,

    Monument Sotheby's International Realty

    Bought with:

    Lisa Woloshin, RS0039637

    Century 21 Emerald

    Source: Bright MLS,MLS#: DESU2081654MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Zoned, Wall Unit, Heat Pump, Baseboard, Electric
    Cooling
    • Heat Pump, Zoned, Wall Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits, Stair Lift
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Pool features: None
    Lot
    • Size: 4,792 Square Feet
    • Dimensions: 50.00 x 100.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.1085.00
    • Lease amount: $5,325
    • Zoning: TN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Stick Built, Other
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rehoboth By The Sea
    HOA
    • Has HOA: No
    Location
    • Region: Dewey Beach

    Financial & listing details

    • Tax assessed value: $694,300
    • Annual tax amount: $638
    • Date on market: 4/4/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Land Lease

    Price history

    DateEventPrice
    12/12/2025Sold$1,450,000-3.3%
    Source: Bright MLS #DESU2081654 Report a problem
    11/24/2025Pending sale$1,499,000
    Source: Bright MLS #DESU2081654 Report a problem
    11/5/2025Contingent$1,499,000
    Source: Bright MLS #DESU2081654 Report a problem
    10/20/2025Price change$1,499,000-1.7%
    Source: Bright MLS #DESU2081654 Report a problem
    7/3/2025Price change$1,525,000-4.6%
    Source: Bright MLS #DESU2081654 Report a problem
    6/6/2025Price change$1,599,000-1.6%
    Source: Bright MLS #DESU2081654 Report a problem
    5/5/2025Price change$1,625,000-7.1%
    Source: Bright MLS #DESU2081654 Report a problem
    4/4/2025Listed for sale$1,750,000
    Source: Bright MLS #DESU2081654 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,785 +120%$347,150 +3371.5%
    2024$811 +0.1%$10,000
    2023$811 +2.2%$10,000 +100%
    2022$794 +0.6%$5,000 -50%
    2021$789 +0.3%$10,000
    2020$787 $10,000
    2019$787 +2.7%$10,000
    2018$766 +74.5%$10,000
    2017$439 +1%$10,000
    2016$435 +4.3%$10,000
    2015$417 +0.7%$10,000
    2014$414 +2.6%$10,000
    2013$404 -16.6%$10,000
    2012$484 +8%$10,000
    2011$448 $10,000
    2010$448 -2.2%$10,000
    2009$458 $10,000
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cape Henlopen

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,944,324