INVESTOR ALERT | Extraordinary Coastal Retreat with Exceptional Rental Performance! Welcome to 14 Swedes Street, a seven-bedroom, six-bathroom coastal retreat just steps from the Atlantic Ocean in the heart of Dewey Beach. Combining luxurious coastal living, remarkable privacy, and an established, turnkey vacation rental business, this property presents the opportunity to acquire a proven income-producing destination with an established clientele and valuable pipeline of future reservations. Generating an impressive $280,000 in actual gross rental revenue in 2026, with $224,000 already booked for 2027 and the potential to exceed $300,000 annually, 14 Swedes stands apart as a compelling coastal investment. An established rental history, loyal repeat guests, and substantial advance bookings provide a prospective purchaser the opportunity to continue a successful vacation rental operation rather than build one from the ground up. Extensively expanded and thoughtfully renovated, this beautifully appointed residence was designed for exceptional beach living and effortless entertaining. A substantial 2022 expansion introduced a spacious first-floor great room and an entirely new second-floor addition featuring two king-bedroom suites with private baths, an additional living room, a full hallway bath, and an expansive 20-by-25-foot rooftop deck offering views of the Atlantic Ocean. This outdoor space provides the perfect setting for morning coffee, afternoon cocktails, and evening gatherings beneath the coastal sky. The home's three distinct living areas provide exceptional flexibility for extended families and larger groups, offering generous space to gather or retreat in privacy—a feature consistently appreciated by returning guests. The beautifully updated kitchen is a showpiece, featuring quartz and butcher block countertops, an expansive center island, new cabinetry, generous pantry storage, a beverage refrigerator, and a newly installed 48-inch built-in professional refrigerator. Updated flooring complements the home's inviting, thoughtfully furnished interiors, while multiple living and entertaining spaces comfortably accommodate extended families and vacationing guests. Meticulously maintained and beautifully appointed, this exceptional residence defies expectations of a vacation rental, showcasing impeccable interiors, sophisticated coastal décor, and more than $50,000 in enhancements completed in 2026. Perhaps the property's most extraordinary feature is its remarkably private outdoor oasis. The heated swimming pool and surrounding entertaining areas are bordered by single-story neighboring residences, creating an intimate, secluded setting rarely found this close to the ocean. Without towering neighboring homes overlooking the pool and patio, this exceptional outdoor retreat offers a level of privacy increasingly difficult to find in the densely developed beach communities of Rehoboth and Dewey. And with the beach just a one-minute stroll away, the Atlantic Ocean becomes an effortless extension of the property. Beyond its exceptional accommodations and coveted ocean-block location, 14 Swedes offers something increasingly valuable to investors: an established rental business with demonstrated financial performance, substantial forward reservations, repeat-guest relationships, and meaningful potential for continued revenue growth. Its seven-bedroom configuration, private heated pool, ocean views, and extensive amenities have helped establish the property as a sought-after luxury vacation destination. Offered as a beautifully furnished, turnkey coastal retreat, 14 Swedes presents an exceptional opportunity to enjoy the best of Dewey Beach while benefiting from an established income stream and an existing book of rental business, subject to the transfer of applicable reservations and operating arrangements. An extraordinary coastal retreat. A proven rental performer. An investment opportunity in a class of its own.
For sale
$2,950,000
14 Swedes St, Dewey Beach, DE 19971
7beds
2,750sqft
Single Family Residence
Built in 1958
4,356 Square Feet Lot
$-- Zestimate®
$1,073/sqft
$-- HOA
What's special
Heated swimming poolBeautifully updated kitchenUpdated flooringOcean viewsIntimate secluded settingSurrounding entertaining areasFull hallway bath
- 2 hours
- 36
- 6
Zillow last checked:
Listing updated:
Listed by:
Michael Reamy Jr 302-227-6767,
Monument Sotheby's International Realty (302) 227-6767
Source: Bright MLS,MLS#: DESU2122224
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 5
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Instant Hot Water, Water Heater
Features
- Bar, Built-in Features, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Upgraded Countertops, Wainscotting
- Flooring: Engineered Wood, Hardwood, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,750
- Total interior livable area: 2,750 sqft
- Finished area above ground: 2,750
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Screened
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: Private
- Fencing: Picket,Privacy
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanblock, Fishing Allowed, Beach Access, Swimming Allowed, Ocean
- Body of water: Atlantic Ocean
Lot
- Size: 4,356 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 33420.14234.00L8645
- Lease amount: $8,975
- Zoning: R-!
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Cottage
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Excellent
- New construction: No
- Year built: 1958
- Major remodel year: 2022
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Community
- Subdivision: Rehoboth By The Sea
HOA
- Has HOA: No
Location
- Region: Dewey Beach
Financial & listing details
- Price per square foot: $1,073/sqft
- Tax assessed value: $623,800
- Annual tax amount: $1,312
- Date on market: 10/14/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Bank Portfolio,Conventional
- Inclusions: Furnished With Exclusions Based On Offer
- Exclusions: Personal Items, Some Art
- Ownership: Land Lease
- Total actual rent: 280000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $2,950,000+562.9%$1,073/sqft |
Source: | ||
| 2/10/2014 | Sold | $445,000$162/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,317 +31.7% | $311,900 +1436.5% |
| 2024 | $1,001 +0.1% | $20,300 |
| 2023 | $1,000 +119.1% | $20,300 +111.5% |
| 2022 | $456 +0.9% | $9,600 |
| 2021 | $452 +0.3% | $9,600 |
| 2020 | $451 | $9,600 |
| 2019 | $451 -0.1% | $9,600 |
| 2018 | $451 +7.1% | $9,600 |
| 2017 | $422 +9.9% | $9,600 |
| 2016 | $383 +40.5% | $9,600 +15.7% |
| 2015 | $273 +0.7% | $8,300 +16.1% |
| 2014 | $271 +2.9% | $7,150 |
| 2013 | $263 +0.4% | $7,150 |
| 2012 | $262 +11.9% | $7,150 |
| 2011 | $234 | $7,150 |
| 2010 | $234 -3% | $7,150 |
| 2009 | $242 | $7,150 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19971
Nearby schools
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.




