Fully furnished! Positioned just minutes from downtown Rehoboth Beach and the Delaware coastline, this spacious and beautifully designed villa offers the ideal blend of comfort, convenience, and low- maintenance coastal living. With over 3,000 square feet of living space, a sought-after first-floor primary suite, and a finished basement, this home delivers the space buyers want without the upkeep of a large single-family property. Step inside to soaring vaulted ceilings, abundant natural light, and an open-concept layout designed for both everyday living and entertaining. The inviting sunroom with fireplace creates the perfect year-round gathering space, while the well-appointed kitchen flows seamlessly into the main living areas for easy coastal living. The main level primary suite offers privacy and convenience, making this home especially appealing for buyers seeking first-floor living. Upstairs and downstairs, generous guest space provides flexibility for visiting family and friends, hobbies, a home office, fitness area, or additional entertaining space. The finished basement is a rare and valuable feature in this market, offering exceptional versatility and room to spread out. Located in a desirable community with amenities including a pool, clubhouse, and fitness center, this home is ideal as a full-time residence, vacation getaway, or lock-and-leave beach retreat. Enjoy easy access to shopping, dining, golf, biking trails, and the beaches of Rehoboth and Lewes — all just a short drive away. Why wait for new construction when you can move right into this spacious, established coastal home offering exceptional value near the beach?
For sale
$565,000
18308 Cobalt Way, Rehoboth Beach, DE 19971
3beds
3,029sqft
Townhouse
Built in 2008
-- sqft lot
$-- Zestimate®
$187/sqft
$313/mo HOA
What's special
Finished basementSoaring vaulted ceilingsAbundant natural lightInviting sunroom with fireplaceWell-appointed kitchenOpen-concept layoutSought-after first-floor primary suite
- 121 days |
- 375 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
EMILY WILLIAMS 302-893-4503,
Keller Williams Realty (302) 360-0300
Source: Bright MLS,MLS#: DESU2106324
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Breakfast Room, Bedroom 1, Loft, Primary Bathroom, Full Bath, Half Bath
Primary bedroom
- Features: Ceiling Fan(s), Flooring - Luxury Vinyl Plank, Walk-In Closet(s), Window Treatments
- Level: Main
- Area: 273 Square Feet
- Dimensions: 21 X 13
Bedroom 1
- Features: Ceiling Fan(s), Flooring - Carpet, Walk-In Closet(s)
- Level: Upper
- Area: 153 Square Feet
- Dimensions: 17 X 9
Bedroom 2
- Features: Ceiling Fan(s), Flooring - Carpet
- Level: Upper
- Area: 126 Square Feet
- Dimensions: 14 X 9
Primary bathroom
- Features: Bathroom - Walk-In Shower, Double Sink, Flooring - Ceramic Tile
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10 X 8
Basement
- Features: Basement - Finished, Flooring - Carpet, Recessed Lighting, Window Treatments
- Level: Lower
Breakfast room
- Features: Window Treatments, Flooring - HardWood
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7 X 10
Dining room
- Features: Flooring - HardWood
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10 X 13
Other
- Features: Bathroom - Tub Shower, Flooring - Laminated
- Level: Upper
- Area: 35 Square Feet
- Dimensions: 7 X 5
Other
- Features: Bathroom - Tub Shower, Flooring - Laminated
- Level: Lower
- Area: 45 Square Feet
- Dimensions: 9 X 5
Half bath
- Features: Flooring - HardWood
- Level: Main
- Area: 10 Square Feet
- Dimensions: 5 X 2
Kitchen
- Features: Flooring - HardWood, Eat-in Kitchen, Kitchen - Electric Cooking, Pantry, Window Treatments
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15 X 10
Living room
- Features: Flooring - HardWood, Fireplace - Gas, Window Treatments
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24 X 13
Loft
- Features: Flooring - Carpet, Recessed Lighting
- Level: Upper
- Area: 216 Square Feet
- Dimensions: 12 X 18
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Oven, Stainless Steel Appliance(s), Washer, Water Heater, Oven/Range - Electric, Refrigerator, Electric Water Heater
- Laundry: Main Level, Dryer In Unit, Has Laundry, Washer In Unit
Features
- Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan, Eat-in Kitchen, Kitchen - Table Space, Pantry, Primary Bath(s), Walk-In Closet(s), Recessed Lighting, Combination Kitchen/Living, Other, 9'+ Ceilings, Dry Wall, Vaulted Ceiling(s)
- Flooring: Hardwood, Ceramic Tile, Carpet, Vinyl, Luxury Vinyl, Wood
- Doors: Storm Door(s)
- Windows: Screens, Window Treatments
- Basement: Finished,Sump Pump,Windows,Heated
- Number of fireplaces: 1
- Fireplace features: Stone, Screen
Interior area
- Total structure area: 3,029
- Total interior livable area: 3,029 sqft
- Finished area above ground: 1,941
- Finished area below ground: 1,088
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Front, Garage Door Opener, Concrete, Attached, Driveway, On Street
- Attached garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: 2+ Access Exits, Doors - Swing In
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sidewalks, Other, Lighting
- Pool features: Community
Lot
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33412.00123.027A
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal,Villa
- Property subtype: Townhouse
Materials
- Frame, Vinyl Siding, Mixed, Stick Built
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Propane, Sewer Available, Water Available, Cable
Community & HOA
Community
- Features: Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Condo and coop fee: $940 quarterly
- Subdivision: Sterling Crossing
HOA
- Has HOA: No
- Amenities included: Clubhouse, Common Grounds, Fitness Center, Pool
- Services included: Common Area Maintenance, Maintenance Grounds, Pool(s), Road Maintenance, Snow Removal, Trash, Reserve Funds
- HOA name: Premier Community Association Management, Llc
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $486,900
- Annual tax amount: $1,028
- Date on market: 3/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $565,000+119.8%$187/sqft |
Source: | ||
| 9/8/2014 | Sold | $257,000-6.4%$85/sqft |
Source: Public Record Report a problem | ||
| 5/23/2014 | Sold | $274,681$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,028 -37.7% | $243,450 +626.7% |
| 2024 | $1,651 +0.1% | $33,500 |
| 2023 | $1,650 +3.6% | $33,500 |
| 2022 | $1,592 +0.8% | $33,500 -0.1% |
| 2021 | $1,580 +0.3% | $33,550 -0.1% |
| 2020 | $1,575 | $33,600 +2.1% |
| 2019 | $1,575 -0.3% | $32,900 -2.2% |
| 2018 | $1,580 +6.9% | $33,650 |
| 2017 | $1,478 +9.6% | $33,650 -0.3% |
| 2016 | $1,348 +4.7% | $33,750 |
| 2015 | $1,288 +0.1% | $33,750 -0.6% |
| 2014 | $1,286 +2.9% | $33,950 |
| 2013 | $1,250 +0.2% | $33,950 -0.1% |
| 2012 | $1,247 +9.6% | $34,000 -2% |
| 2011 | $1,138 | $34,700 |
| 2010 | $1,138 -3.7% | $34,700 -0.7% |
| 2009 | $1,181 | $34,950 |
| 2008 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19971
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 2.5 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 2.6 mi
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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