South Rehoboth Luxury Just Steps from the Beach | 5-Bedroom Custom Home with Private Pool & $200K+ Rental Income Experience unparalleled coastal luxury in this beautifully appointed, fully furnished custom-built home, ideally located just 1.5 blocks from the beach in the heart of coveted South Rehoboth. This exceptional residence offers 5 bedrooms, 4.5 baths, a heated gunite pool, and outstanding indoor and outdoor living. The coastal-inspired exterior features timeless architectural details and distinctive accent metal roofing. Inside, the open-concept design showcases high-end finishes, designer furnishings, and coastal-inspired décor throughout. At the heart of the home, the gourmet kitchen features premium built-in stainless-steel appliances, including a Wolf range, Sub-Zero refrigerator, and two Cove dishwashers, complemented by custom handcrafted cabinetry, beautiful quartz countertops, and ample space for everyday living and entertaining. A convenient wet bar with an ice maker and wine refrigerator is perfect for hosting family and friends. The spacious great room is surrounded by large windows that fill the home with natural light, creating a warm and inviting gathering space centered around the fireplace. A beautifully customized staircase with oversized windows enhances the home’s bright, open feel, while a shiplap-accented powder room adds a touch of coastal charm. The first floor features a private owner’s suite, while the second floor offers a second spacious owner’s suite and an additional en-suite bedroom, each with a beautifully tiled walk-in shower. Two additional bedrooms share a hall bathroom with a tiled tub. All bathrooms feature timeless tilework, beautiful countertops, and high-end finishes. For added convenience, separate washer and dryer sets are located on both floors. Geothermal heating and cooling provide energy-efficient comfort while helping reduce utility costs. Outside, the private heated gunite pool creates the perfect setting for relaxing, entertaining, and enjoying long summer days at the beach. Fully furnished and completely turn-key, this exceptional property offers the perfect combination of a luxurious family beach home and a proven, high-performing rental investment, generating over $200,000 in annual rental income. With its prime South Rehoboth location just 1.5 blocks from the beach, generous lot, private heated gunite pool, luxury finishes, and exceptional craftsmanship, this remarkable home presents a rare opportunity to enjoy the best of coastal living while owning a highly desirable income-producing property just steps from the beach, dining, shopping, and entertainment.
For sale
$5,500,000
111 Stockley St, Rehoboth Beach, DE 19971
5beds
2,500sqft
Single Family Residence
Built in 2021
5,000 Square Feet Lot
$-- Zestimate®
$2,200/sqft
$-- HOA
What's special
Coastal-inspired exteriorLuxury finishesFully furnished custom-built homeHigh-end finishesPrivate heated gunite poolWolf rangeHeated gunite pool
- 64 days
- 1,045
- 49
Zillow last checked:
Listing updated:
Listed by:
Walt Cassel 917-826-8867,
Dave McCarthy & Associates, Inc. 3024262080,
Co-Listing Agent: David Mccarthy 302-650-0820,
Dave McCarthy & Associates, Inc.
Source: Bright MLS,MLS#: DESU2119230
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- Central, Electric, Geothermal
Cooling
- Central Air, Geothermal, Electric
Appliances
- Included: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Tankless Water Heater, Water Heater
- Laundry: Main Level, Upper Level
Features
- Bar, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Built-in Features, Butlers Pantry, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
- Flooring: Hardwood, Tile/Brick
- Windows: Window Treatments
- Basement: Partially Finished,Concrete,Interior Entry,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Outdoor Shower
- Has private pool: Yes
- Pool features: Gunite, Heated, Private
Lot
- Size: 5,000 Square Feet
- Dimensions: 50.00 x 100.00
- Features: Landscaped
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.05224.00
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Batts Insulation, Masonry, Spray Foam Insulation, Stick Built, Stone, Tile
- Foundation: Concrete Perimeter, Slab
- Roof: Architectural Shingle,Metal
Condition
- Excellent
- New construction: No
- Year built: 2021
Details
- Builder name: Rehoboth Property Development
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: South Rehoboth
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $2,200/sqft
- Tax assessed value: $2,441,900
- Annual tax amount: $6,072
- Date on market: 9/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 206000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $5,500,000+129.2%$2,200/sqft |
Source: | ||
| 1/17/2019 | Sold | $2,400,000$960/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,157 +154.3% | $1,220,950 +2867.1% |
| 2024 | $2,028 +0.1% | $41,150 |
| 2023 | $2,026 +3.6% | $41,150 |
| 2022 | $1,956 +0.9% | $41,150 |
| 2021 | $1,938 +339.1% | $41,150 +337.8% |
| 2020 | $441 | $9,400 -69.3% |
| 2019 | $441 -67.2% | $30,600 |
| 2018 | $1,344 +4.4% | $30,600 |
| 2017 | $1,287 +5.3% | $30,600 |
| 2016 | $1,222 +4.7% | $30,600 |
| 2015 | $1,168 +0.7% | $30,600 |
| 2014 | $1,159 +2.9% | $30,600 |
| 2013 | $1,127 +0.4% | $30,600 |
| 2012 | $1,122 +11.9% | $30,600 |
| 2011 | $1,003 | $30,600 |
| 2010 | $1,003 -3% | $30,600 |
| 2009 | $1,034 | $30,600 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 19971
Nearby schools
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.





