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For sale
  • $2,950,000

    14 Swedes St, Dewey Beach, DE 19971

    7beds
    2,750sqft
    : 
    $17,239/mo
    Get pre-qualified
    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
    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.
    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#: DESU2122224MLS Logo

      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

        DateEventPrice
        10/14/2026Listed for sale$2,950,000+562.9%$1,073/sqft
        Source: Bright MLS #DESU2122224 Report a problem
        2/10/2014Sold$445,000$162/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax 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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 19971

        Getting around

        45 / 100
        Car-Dependent
        65 / 100
        Bikeable

        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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