Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50’ x 131.98’ lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. It’s nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design your dream home, beach retreat, or rental investment. Two well-known local builders have confirmed that a pool or hot tub can fit in the backyard if the new home is designed thoughtfully. Currently, the property generates between $66,000–$70,000 annually through a mix of short-term weekly rentals and a long-term off-season tenant. There’s ample parking with both off-street and street spaces available. Located on a quiet, tree-lined street, this home offers a peaceful setting while being just moments from the best of downtown Rehoboth Beach — from boutique shopping and gourmet dining to the Bandstand concerts, art shows, and beloved annual events like Sea Witch Festival, JazzFest, Gumbo Crawl, and the Rehoboth Christmas Parade. Whether you’re looking for a turn-key beach cottage, an investment property with strong rental history, or a blank canvas for your future coastal masterpiece — 116 Laurel Street is a rare gem with endless potential.
Sold for $2,287,500
$2,287,500
116 Laurel St, Rehoboth Beach, DE 19971
4beds
1,500sqft
Single Family Residence
Built in 1974
6,599 Square Feet Lot
$2,272,000 Zestimate®
$1,525/sqft
$3,350 Estimated rent
Home value
$2,272,000
$2.11M - $2.45M
$3,350/mo
Zestimate® history
Owner options
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$3,350/mo
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$10,300/mo
Est. payment
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Est. payment
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List your homeWhat's special
Charming three-season front porch
Zillow last checked:
Listing updated:
Listed by:
Brian Barrows 302-227-6767,
Monument Sotheby's International Realty,
Listing Team: Barrows And Associates, Co-Listing Team: Barrows And Associates,Co-Listing Agent: Jennifer Barrows 302-227-6767,
Monument Sotheby's International Realty
Bought with:
William Barry, RS-0024445
Jack Lingo - Rehoboth
Source: Bright MLS,MLS#: DESU2100576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Bathroom 1
- Level: Main
Dining room
- Level: Main
Other
- Level: Main
Great room
- Features: Fireplace - Wood Burning
- Level: Main
Kitchen
- Features: Flooring - Luxury Vinyl Plank
- Level: Main
Laundry
- Level: Main
Other
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Oven/Range - Electric, Self Cleaning Oven, Refrigerator, Ice Maker, Washer, Dryer, Water Heater, Electric Water Heater
- Laundry: Main Level, Laundry Room
Features
- Entry Level Bedroom, Dining Area, Upgraded Countertops
- Flooring: Luxury Vinyl, Tile/Brick
- Doors: Insulated
- Windows: Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
- Finished area above ground: 1,500
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Outdoor Shower
- Pool features: None
- Fencing: Full
- Has view: Yes
- View description: Trees/Woods, Pond
- Has water view: Yes
- Water view: Pond
Lot
- Size: 6,599 sqft
- Dimensions: 50.00 x 132.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33414.17569.00
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stick Built, Frame
- Foundation: Block
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rehoboth Beach
- Subdivision: South Rehoboth
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | $2,287,500-4.7%$1,525/sqft |
Source:  Bright MLS #DESU2100576 Report a problem | ||
| 12/16/2025 | Pending sale | $2,400,000$1,600/sqft |
Source: Bright MLS #DESU2100576 Report a problem | ||
| 12/7/2025 | Contingent | $2,400,000$1,600/sqft |
Source: Bright MLS #DESU2100576 Report a problem | ||
| 11/25/2025 | Listed for sale | $2,400,000$1,600/sqft |
Source: Bright MLS #DESU2100576 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,247 +447.1% | $1,005,500 +6284.1% |
| 2024 | $776 +0.1% | $15,750 |
| 2023 | $776 +3.6% | $15,750 |
| 2022 | $749 +0.9% | $15,750 |
| 2021 | $742 +0.3% | $15,750 |
| 2020 | $739 | $15,750 |
| 2019 | $739 -0.1% | $15,750 |
| 2018 | $741 +7.1% | $15,750 |
| 2017 | $692 +9.9% | $15,750 |
| 2016 | $629 +4.7% | $15,750 |
| 2015 | $601 +0.7% | $15,750 |
| 2014 | $597 +2.9% | $15,750 |
| 2013 | $580 +0.4% | $15,750 |
| 2012 | $578 +11.9% | $15,750 |
| 2011 | $516 | $15,750 |
| 2010 | $516 -3% | $15,750 |
| 2009 | $532 | $15,750 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 4.8 mi
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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$2,272,000
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With Zillow Showcase(estimated)
$2,317,440
- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 116 Laurel St
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