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Sold for $2,220,000
  • $2,220,000

    16 Bassett Ave, Rehoboth Beach, DE 19971

    4beds
    4,140sqft
    Single Family Residence
    Built in 1994
    0.31 Acres Lot
    $2,759,200 Zestimate®
    $536/sqft
    $5,835 Estimated rent

    Home value

    $2,759,200

    $2.46M - $3.15M

    $5,835/mo

    Zestimate® history
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    What's special

    Large corner lotBay viewsFull panoramic viewsOcean blockRooftop deckNew beachfront restaurant
    RARE TO MARKET & OCEAN BLOCK! Discover the unbeatable, unique location & privacy of Indian Beach. Stunning and spacious 4-bedroom, 4 full, & 2 half bath beach house situated on a large corner lot sits steps to the Atlantic Ocean in a quiet enclave, offering breathtaking vistas of both the bay & ocean with full panoramic views from the rooftop deck! With an inverted open floor plan that showcases breathtaking ocean and bay views from every angle, you'll be captivated by the natural beauty that surrounds you. Highlights include over 4,000 square feet of living space with a private 3rd level owner’s suite, expansive main living area, 2nd level with 3 additional bedrooms, 3 full baths, secondary living room, and so much more. Nestled just south of Dewey Beach, this coastal property gives you access to the best of the beach: bike to the famed Boardwalk, restaurants and shopping of Rehoboth Beach; enjoy water sports or stroll amid the laid-back fun in Dewey; or cruise south to the Inlet, Delaware Seashore State Park (with new beachfront restaurant!), or the "quiet resorts" of Bethany Beach. Listed at an unbeatable price, being sold AS-IS. From sun-up to sunset, your beach life awaits!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Ann Wilkinson 302-645-6664,

    Berkshire Hathaway HomeServices PenFed Realty,

    Listing Team: The Lee Ann Wilkinson Group

    Bought with:

    Heather Guerke, r3-0019008

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DESU2050534MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Office, Utility Room, Bathroom 1, Bathroom 2, Bonus Room, Primary Bathroom, Half Bath
    Basement
    • Area: 0
    Heating
    • Heat Pump, Zoned, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Zoned, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
    • Laundry: Main Level, Laundry Room
    Features
    • Built-in Features, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen Island, Primary Bath(s), Recessed Lighting, Spiral Staircase, Bathroom - Stall Shower, Walk-In Closet(s), Bar, 9'+ Ceilings
    • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
    • Doors: Sliding Glass
    • Windows: Screens, Skylight(s), Sliding, Storm Window(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Glass Doors
    Interior area
    • Total structure area: 5,065
    • Total interior livable area: 4,140 sqft
    • Finished area above ground: 4,140

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener, Inside Entrance, Driveway, Attached
    • Attached garage spaces: 2
    • Uncovered spaces: 6
    Accessibility
    • Accessibility features: Doors - Lever Handle(s)
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Deck, Roof, Porch
    • Exterior features: Extensive Hardscape, Outdoor Shower
    • Pool features: None
    • Has view: Yes
    • View description: Bay, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Oceanblock, Ocean
    Lot
    • Size: 0.31 Acres
    • Dimensions: 152.5 x 100 x 137.5 x 100
    • Features: Corner Lot, Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33423.106.07
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Stick Built
    • Foundation: Pilings
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Indian Beach
    HOA
    • Has HOA: Yes
    • HOA fee: $1,125 semi-annually
    • HOA name: INDIAN BEACH HOMEOWNERS ASSOCIATION, INC.
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $536/sqft
    • Tax assessed value: $2,187,000
    • Annual tax amount: $4,245
    • Date on market: 10/27/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Storm Shutters (where Present)
    • Ownership: Fee Simple
    • Road surface type: Black Top, Paved

    Price history

    DateEventPrice
    12/1/2023Sold$2,220,000-3.3%$536/sqft
    Source: Bright MLS #DESU2050534 Report a problem
    11/29/2023Pending sale$2,295,000$554/sqft
    Source: Bright MLS #DESU2050534 Report a problem
    11/2/2023Contingent$2,295,000$554/sqft
    Source: Bright MLS #DESU2050534 Report a problem
    10/27/2023Listed for sale$2,295,000$554/sqft
    Source: Bright MLS #DESU2050534 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,937 +16.2%$1,093,500 +1271.2%
    2024$4,249 +0.1%$79,750
    2023$4,246 +3.3%$79,750
    2022$4,109 +0.9%$79,750
    2021$4,074 +0.3%$79,750
    2020$4,062 $79,750 -3.7%
    2019$4,062 -3.1%$82,850
    2018$4,191 +15.2%$82,850
    2017$3,638 +7.6%$82,850
    2016$3,380 +9.4%$82,850 +4.7%
    2015$3,090 +0.7%$79,100
    2014$3,068 +2.8%$79,100
    2013$2,983 -4.9%$79,100
    2012$3,135 +10.7%$79,100
    2011$2,833 $79,100
    2010$2,833 -2.7%$79,100
    2009$2,912 $79,100
    2008-- --
    2007-- --
    2006-- --
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    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.

    Sell for more on Zillow
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    $2,759,200
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