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Sold for $2,500,000
  • $2,500,000

    124 Jersey St, Dewey Beach, DE 19971

    3beds
    1,080sqft
    Single Family Residence
    Built in 1980
    4,792 Square Feet Lot
    $2,498,400 Zestimate®
    $2,315/sqft
    $2,482 Estimated rent

    Home value

    $2,498,400

    $2.37M - $2.62M

    $2,482/mo

    Zestimate® history
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    What's special

    Lush landscapingDramatic lightingSpacious decking
    Imagine stepping back into the golden era of beach living at 124 Jersey Street—an exceptionally rare Fee Simple opportunity in Rehoboth by the Sea just two blocks from the ocean. Originally built as a quintessential North Dewey beach retreat, this classic 3-bedroom, 2-bath Windjammer cottage has been thoughtfully improved while preserving its authentic coastal character. In 2021, the property underwent significant structural enhancements, including lifting of the home by East Coast Structural to allow for the addition of a full foundation and insulated crawlspace. Major infrastructure improvements were completed at that time, including new plumbing, updated electrical systems, ductless mini-split HVAC, new siding and upgraded insulation—capital improvements that provide both peace of mind and long-term durability. The home is further complemented by its distinctive and durable red metal roof, adding both architectural charm and practical longevity to this timeless coastal property. Inside, the home features an inviting, airy layout designed for relaxed coastal living, with numerous gathering spaces ideal for entertaining after a day on the beach. The kitchen has been updated with new appliances and countertops, while outdoor spaces include spacious decking, dramatic lighting, lush landscaping, and multiple entertaining areas perfect for summer evenings, morning coffee, or casual gatherings with friends and family. In a community largely comprised of land lease properties, fee-simple opportunities within Rehoboth by the Sea are limited and rarely available, providing long-term security, flexibility, and freedom from annual ground rent. Ideally located just steps from the beach and Dewey Beach’s vibrant dining, nightlife, and coastal attractions. Take a walk to local favorites like the Starboard, Bottle & Cork, or Woody’s for their famous crabcakes. Downtown Rehoboth’s boutique shopping and award-winning restaurants—including Back Porch Café, Fable, and Henlopen Oyster House—are just a mile away. Park the car, hop on a bike, or catch the Jolly Trolley and enjoy the best of coastal living. Whether enjoyed as a nostalgic personal retreat, income-producing rental, or strategic long-term investment, the property offers compelling future potential in one of coastal Delaware’s most sought-after beach communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Reamy Jr 302-227-6767,

    Monument Sotheby's International Realty

    Bought with:

    SHAUN TULL, RS-0016284

    Jack Lingo - Rehoboth

    Source: Bright MLS,MLS#: DESU2108504MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bathroom 1
    • Level: Main
    Bathroom 2
    • Level: Main
    Heating
    • Heat Pump, Electric
    Cooling
    • Ductless, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Main Level
    Features
    • Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan, Kitchen - Galley, Kitchen Island, 9'+ Ceilings, Beamed Ceilings
    • Flooring: Hardwood, Wood
    • Windows: Skylight(s)
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,080
    • Total interior livable area: 1,080 sqft
    • Finished area above ground: 1,080

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Off Street
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch, Enclosed, Screened
    • Exterior features: Lighting, Outdoor Shower, Storage, Water Fountains
    • Pool features: None
    • Waterfront features: Beach Access, Ocean
    • Body of water: Atlantic Ocean
    Lot
    • Size: 4,792 Square Feet
    • Dimensions: 50 x 100
    • Features: Landscaped, Wooded, Corner Lot/Unit
    Details
    • Additional structures: Above Grade
    • Parcel number: 33420.10158.00
    • Zoning: TN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal,Contemporary,Cottage,Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Frame, T-1-11
    • Foundation: Crawl Space
    • Roof: Metal
    Condition
    • Good
    • New construction: No
    • Year built: 1980
    • Major remodel year: 2021

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available

    Community & HOA

    Community
    • Subdivision: Rehoboth By The Sea
    HOA
    • Has HOA: No
    Location
    • Region: Dewey Beach

    Financial & listing details

    • Price per square foot: $2,315/sqft
    • Tax assessed value: $1,145,700
    • Annual tax amount: $2,420
    • Date on market: 4/8/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/15/2026Sold$2,500,000-1.9%$2,315/sqft
    Source: Bright MLS #DESU2108504 Report a problem
    5/20/2026Pending sale$2,549,000$2,360/sqft
    Source: Bright MLS #DESU2108504 Report a problem
    4/18/2026Contingent$2,549,000$2,360/sqft
    Source: Bright MLS #DESU2108504 Report a problem
    4/8/2026Listed for sale$2,549,000+6486.6%$2,360/sqft
    Source: Bright MLS #DESU2108504 Report a problem
    2/9/2022Sold$38,700$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,738 +106%$572,850 +2694.4%
    2024$1,329 +4.5%$20,500 +5.9%
    2023$1,271 +2.7%$19,350
    2022$1,238 +56.8%$19,350 +93.5%
    2021$789 +0.3%$10,000
    2020$787 $10,000
    2019$787 +2.7%$10,000
    2018$766 +74.5%$10,000
    2017$439 +1%$10,000
    2016$435 +4.3%$10,000
    2015$417 +0.7%$10,000
    2014$414 +2.6%$10,000
    2013$404 -16.6%$10,000
    2012$484 +8%$10,000
    2011$448 $10,000
    2010$448 -2.2%$10,000
    2009$458 $10,000
    2008-- --
    2007-- --
    2006-- --
    2005-- --
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    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rehoboth
    • Middle: Beacon
    • High: Cape Henlopen
    • 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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