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Under contractPrice cut: $100K (8/8)
$2,597,000
4beds
3,911sqft

118 Philadelphia St, Rehoboth Beach, DE 19971

4beds
3,911sqft
Single family residence
Built in 2005
0.93 Acres
1 Attached garage space
$664 price/sqft
$292/mo HOA

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.

278 days
|
1,046
|
24
|
Source: Bright MLS,MLS#: DESU2101014MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Debbie Reed 302-227-3818,

RE/MAX Realty Group Rehoboth 3022274800,

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

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: $664/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
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

Monthly payment

Est. payment
$14,399/mo
Principal & interest
$13393
Property taxes
$714
HOA Fees
$292
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 19971

Nearby schools

Rehoboth Elementary School
Grades K-5 • 0.4 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
7/10
Beacon Middle School
Grades 6-8 • 3.7 miles
7/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
5/10
Cape Henlopen High School
Grades 9-12 • 4.8 miles
8/10
GreatSchools® Rating
College Readiness Rating
8/10

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