This 5-bedroom bay block stunner with elevator is made for year-round memories, from sunny days to crisp fall weekends and everything in between. Just one block to the ocean, a half block to the bay, and packed with everything you need for serious fun in the sun. Bring the crew. There’s room for everyone. Lounge by your private pool with river jets for swimming, hop on your bike to the beach, or grab the boat from the nearby marina. Start with cocktails at your private outdoor bar, fire up the grill for a backyard BBQ, and enjoy the game area before heading to the pool. Take in the sunset from the upper deck, sip your morning coffee on the deck off the primary suite, or unwind on the second deck just off the family room. There’s plenty of storage for bikes and beach gear, sun decks to soak in the Dewey vibe, and space to spread out. Prime location to access the bay for kayaking, paddle boarding, and most all of your favorite water sports. Thinking investment? This home has major rental potential. 120 Reed Avenue is more than a beach house. It’s a full-on summer lifestyle that just spells F-U-N.
Sold for $2,200,000
$2,200,000
120 Read Ave, Dewey Beach, DE 19971
5beds
2,800sqft
Single Family Residence
Built in 2015
6,098 Square Feet Lot
$2,192,700 Zestimate®
$786/sqft
$3,230 Estimated rent
Home value
$2,192,700
$2.04M - $2.37M
$3,230/mo
Zestimate® history
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$3,230/mo
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$3,230/mo
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$9,906/mo
Est. payment
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$9,906/mo
Est. payment
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Private outdoor barGame area
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: Brooke Martin 302-299-6569,
RE/MAX Realty Group Rehoboth
Bought with:
MATT BRITTINGHAM, RA-0003405
Patterson-Schwartz-Rehoboth
Source: Bright MLS,MLS#: DESU2104788
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Primary Bedroom, Kitchen, Workshop, Additional Bedroom
Primary bedroom
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Workshop
- Level: Unspecified
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: Private
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayblock, Bay
Lot
- Size: 6,098 Square Feet
- Dimensions: 50.00 x 125.00
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.18109.00
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Pilings
- Roof: Unknown
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Dewey Beach
Financial & listing details
- Price per square foot: $786/sqft
- Tax assessed value: $1,454,300
- Annual tax amount: $2,487
- Date on market: 2/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furniture And Contents Negotiable
- Exclusions: Antiques / Family Furniture
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Sold | $2,200,000$786/sqft |
Source:  Bright MLS #DESU2104788 Report a problem | ||
| 2/14/2026 | Contingent | $2,200,000$786/sqft |
Source: Bright MLS #DESU2104788 Report a problem | ||
| 2/10/2026 | Listed for sale | $2,200,000-15.4%$786/sqft |
Source: Bright MLS #DESU2104788 Report a problem | ||
| 12/1/2025 | Listing removed | $2,600,000$929/sqft |
Source: Bright MLS #DESU2088218 Report a problem | ||
| 11/12/2025 | Price change | $2,600,000-8.8%$929/sqft |
Source: Bright MLS #DESU2088218 Report a problem | ||
| 9/3/2025 | Listed for sale | $2,850,000-10.8%$1,018/sqft |
Source: Bright MLS #DESU2088218 Report a problem | ||
| 7/22/2025 | Listing removed | $3,195,000$1,141/sqft |
Source: Bright MLS #DESU2088218 Report a problem | ||
| 6/8/2025 | Listed for sale | $3,195,000+610%$1,141/sqft |
Source: Bright MLS #DESU2088218 Report a problem | ||
| 9/3/2014 | Sold | $450,000$161/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,390 +34.2% | $727,150 +1523.1% |
| 2024 | $2,527 +0.1% | $44,800 |
| 2023 | $2,525 +3.1% | $44,800 |
| 2022 | $2,448 +0.8% | $44,800 |
| 2021 | $2,428 +0.3% | $44,800 |
| 2020 | $2,421 | $44,800 |
| 2019 | $2,421 +0.8% | $44,800 |
| 2018 | $2,402 +22.1% | $44,800 |
| 2017 | $1,967 +7.8% | $44,800 |
| 2016 | $1,825 +153.9% | $44,800 +150.3% |
| 2015 | $719 +0.7% | $17,900 |
| 2014 | $714 +2.8% | $17,900 |
| 2013 | $695 -10.2% | $17,900 |
| 2012 | $774 +9.4% | $17,900 |
| 2011 | $707 | $17,900 |
| 2010 | $707 -16% | $17,900 |
| 2009 | $841 | $17,900 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 1.5 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 4.2 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 6 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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$2,192,700
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$2,236,554
- Delaware
- Sussex County
- Dewey Beach
- 19971
- 120 Read Ave
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