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Sold for $2,450,000
    • $2,450,000

    118 Philadelphia St, Rehoboth Beach, DE 19971

    4beds
    3,911sqft
    Single Family Residence
    Built in 2005
    0.93 Acres Lot
    $2,450,300 Zestimate®
    $626/sqft
    $3,979 Estimated rent

    Home value

    $2,450,300

    $2.33M - $2.57M

    $3,979/mo

    Zestimate® history
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    What's special

    Outdoor showerSolid hardwood floorsTwo fireplacesFour en-suite bedroomsSpa-inspired bathAiry open layoutOff-street parking
    Sophisticated South Rehoboth cottage—just over a block to the beach. Experience timeless coastal luxury at the Cottages at Philadelphia Place, an intimate enclave of eight distinctive Charleston-style homes. Thoughtfully designed by architect George Hay and masterfully built by Coffin Construction, this residence features an airy open layout with solid hardwood floors, multiple inviting porches, and a partially finished basement with exterior access. The chef-inspired kitchen, elegant living areas, and two fireplaces provide modern comfort and year-round livability. With four en-suite bedrooms plus a den, the home accommodates guests effortlessly. The primary suite impresses with vaulted ceilings, a private covered porch, a spa-inspired bath, and a second fireplace. The lower level adds exceptional versatility with a large bonus room, full bath, storage area, and secondary laundry. Additional highlights include a 1-car garage, outdoor shower, and off-street parking. With strong weekly rental potential, this home offers the perfect balance of coastal retreat and investment opportunity. Offered mostly furnished.

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Reed 302-227-3818,

    RE/MAX Realty Group Rehoboth,

    Listing Team: The Debbie Reed Team, Co-Listing Team: The Debbie Reed Team,Co-Listing Agent: Amy Warick 302-227-3818,

    RE/MAX Realty Group Rehoboth

    Bought with:

    Debbie Reed, RS-0010229

    RE/MAX Realty Group Rehoboth

    Tim Hidell, rs0039894

    RE/MAX Realty Group Rehoboth

    Source: Bright MLS,MLS#: DESU2101014MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Den, Laundry, Storage Room, Bonus Room, Primary Bathroom, Full Bath, Half Bath
    Primary bedroom
    • Level: Main
    Primary bedroom
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bedroom 4
    • Level: Upper
    Primary bathroom
    • Level: Main
    Primary bathroom
    • Level: Upper
    Bonus room
    • Level: Lower
    Den
    • Level: Upper
    Dining room
    • Level: Main
    Other
    • Level: Upper
    Other
    • Level: Lower
    Half bath
    • Level: Main
    Half bath
    • Level: Upper
    Kitchen
    • Level: Main
    Laundry
    • Level: Upper
    Laundry
    • Level: Lower
    Living room
    • Level: Main
    Screened porch
    • Level: Main
    Screened porch
    • Level: Upper
    Storage room
    • Level: Lower
    Heating
    • Forced Air, Heat Pump, Propane
    Cooling
    • Central Air, Ductless, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater
    • Laundry: In Basement, Upper Level, Laundry Room
    Features
    • Bathroom - Walk-In Shower, Ceiling Fan(s), Entry Level Bedroom, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s)
    • Flooring: Hardwood, Ceramic Tile, Carpet, Wood
    • Windows: Window Treatments
    • Basement: Full,Garage Access,Exterior Entry,Partially Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas/Propane
    Interior area
    • Total structure area: 3,911
    • Total interior livable area: 3,911 sqft
    • Finished area above ground: 3,911

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Front, Attached, Driveway
    • Attached garage spaces: 1
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch, Screened, Screened Porch
    • Exterior features: Outdoor Shower, Balcony
    • Pool features: None
    • Waterfront features: Ocean
    Lot
    • Size: 0.93 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33414.17538.003
    • Zoning: TN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, HardiPlank Type
    • Foundation: Block
    Condition
    • Very Good
    • New construction: No
    • Year built: 2005
    Details
    • Builder model: Coffin Construction

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: South Rehoboth
    HOA
    • Has HOA: Yes
    • Services included: Common Area Maintenance, Maintenance Grounds
    • HOA fee: $3,500 annually
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $626/sqft
    • Tax assessed value: $1,986,200
    • Annual tax amount: $5,650
    • Date on market: 11/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Sold Mostly Furnished
    • Exclusions: Personal Items, Art, Artifacts, Kitchen Contents, Garage Items And A Few Furniture Items To Be Determined At A Later Date.
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/28/2026Sold$2,450,000-5.7%$626/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    9/21/2026Pending sale$2,597,000$664/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    8/17/2026Contingent$2,597,000$664/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    8/8/2026Price change$2,597,000-3.7%$664/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    7/9/2026Price change$2,697,000-1%$690/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    6/1/2026Listed for sale$2,725,000-5.7%$697/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    5/22/2026Listing removed$2,890,000$739/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    1/21/2026Price change$2,890,000-3.5%$739/sqft
    Source: Bright MLS #DESU2101014 Report a problem
    11/25/2025Listed for sale$2,995,000$766/sqft
    Source: Bright MLS #DESU2101014 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,195 +95.9%$993,100 +2185.6%
    2024$2,142 +0.1%$43,450
    2023$2,140 +3.6%$43,450
    2022$2,065 +0.9%$43,450
    2021$2,046 +0.3%$43,450
    2020$2,040 $43,450 +19%
    2019$2,040 +6.9%$36,500 -16%
    2018$1,908 +0%$43,450
    2017$1,908 +9.9%$43,450
    2016$1,736 +4.7%$43,450
    2015$1,658 +0.7%$43,450
    2014$1,646 +2.9%$43,450
    2013$1,600 +0.4%$43,450
    2012$1,594 +11.9%$43,450
    2011$1,425 $43,450
    2010$1,425 -3%$43,450
    2009$1,468 $43,450
    2008-- --
    2007-- --
    2006-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby homes

    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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