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Sold for $735,000
  • $735,000

    20389 Mallory Square Cir, Rehoboth Beach, DE 19971

    5beds
    2,955sqft
    Condominium
    Built in 2004
    -- sqft lot
    $734,900 Zestimate®
    $249/sqft
    $3,556 Estimated rent

    Home value

    $734,900

    $698,000 - $772,000

    $3,556/mo

    Zestimate® history
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    What's special

    Five generously sized bedroomsTwo private en-suite retreatsLarge well-appointed kitchenScreened porch
    BACK ON MARKET and priced to sell!!!! Great opportunity to own a beach home that is literally walking, biking distance to beaches, bike trails, shopping and route 1. Also, ideal for the smart investor. Community allows seasonal rentals and long-term rentals. “5BR Beach Home | Just minutes from the beach | Walk to Dining | Rental Income Opportunity” Welcome to Keys of Marsh Harbor, where coastal convenience meets exceptional investment potential. This spacious 5-bedroom, 4-bath home is located within walking distance to popular restaurants and shopping and just minutes from the beach, making it an ideal coastal retreat, full-time residence, or high-demand vacation rental. With five generously sized bedrooms, including two private en-suite retreats, the home offers plenty of space for family, guests, and vacation renters. The open main living area flows seamlessly from the bright family and dining space into a large, well-appointed kitchen, creating the perfect gathering space after a day at the beach. Step outside to the screened porch, an inviting place to enjoy morning coffee, evening cocktails, or relaxing coastal breezes. One of the biggest advantages of owning in Keys of Marsh Harbor is the maintenance-free lifestyle. The association takes care of exterior maintenance—including roofing, siding, and landscaping—so you can spend more time enjoying the community’s pool and tennis courts, nearby beaches, restaurants, and shopping. With five bedrooms in a prime beach-area location, this home offers an incredible rental income opportunity with strong appeal for seasonal vacation renters as well as long-term tenants. Whether you're searching for a coastal getaway, full-time residence, or a smart investment property, this home delivers the perfect combination of space, location, amenities, and income potential just minutes from the Delaware beaches. Easy to show!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie Ferris 302-632-0675,

    Iron Valley Real Estate at The Beach,

    Listing Team: The Luxe Property Group

    Bought with:

    Debbie Reed, RS-0010229

    RE/MAX Realty Group Rehoboth

    CARRIE HELLENS, RS-0015051

    RE/MAX Realty Group Rehoboth

    Source: Bright MLS,MLS#: DESU2106474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Great Room, Bathroom 1, Bathroom 2
    Bedroom 1
    • Level: Main
    Bedroom 1
    • Level: Upper
    Bedroom 2
    • Level: Main
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bathroom 1
    • Level: Main
    Bathroom 1
    • Level: Upper
    Bathroom 2
    • Level: Main
    Bathroom 2
    • Level: Upper
    Dining room
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Features: Breakfast Room, Countertop(s) - Solid Surface, Dining Area
    • Level: Main
    Screened porch
    • Level: Main
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, ENERGY STAR Qualified Refrigerator, Oven/Range - Electric, Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Dining Area, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas/Propane
    Interior area
    • Total structure area: 2,955
    • Total interior livable area: 2,955 sqft
    • Finished area above ground: 2,955
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Front, Garage Door Opener, Inside Entrance, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Screened Porch
    • Exterior features: Barbecue, Rain Gutters, Tennis Court(s)
    • Pool features: Community
    Lot
    • Size: 8,400 Square Feet
    • Dimensions: 70 x 120
    • Features: Cul-De-Sac, Front Yard, Level, No Thru Street, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33419.00154.0160
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Contemporary
    • Property subtype: Condominium
    Materials
    • Frame, Aluminum Siding
    • Foundation: Crawl Space
    Condition
    • Excellent
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Propane - Community

    Community & HOA

    Community
    • Condo and coop fee: $2,104 quarterly
    • Subdivision: Keys Of Marsh Harbor
    HOA
    • Has HOA: No
    • Amenities included: Pool, Tennis Court(s)
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Pool(s), Road Maintenance, Snow Removal, Trash
    • HOA name: Seascape Property Management
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $249/sqft
    • Tax assessed value: $523,300
    • Annual tax amount: $1,105
    • Date on market: 3/6/2026
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Inclusions: Refrigerator, Range, Dishwasher, Microwave, , Blinds, Furniture
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/23/2026Sold$735,000-2%$249/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    6/13/2026Listing removed$749,900$254/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    5/17/2026Listed for sale$749,900-4.5%$254/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    5/8/2026Listing removed$784,900$266/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    4/15/2026Contingent$784,900$266/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    4/1/2026Price change$784,900-0.6%$266/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    3/6/2026Listed for sale$789,900-4.7%$267/sqft
    Source: Bright MLS #DESU2106474 Report a problem
    12/12/2025Listing removed$829,000$281/sqft
    Source: Bright MLS #DESU2096120 Report a problem
    10/6/2025Price change$829,000-3.5%$281/sqft
    Source: Bright MLS #DESU2096120 Report a problem
    9/5/2025Listed for sale$859,000$291/sqft
    Source: Bright MLS #DESU2096120 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,105 -21%$261,650 +821.3%
    2024$1,400 +0.1%$28,400
    2023$1,399 +3.6%$28,400
    2022$1,350 +0.9%$28,400
    2021$1,337 +0.3%$28,400 +4.2%
    2020$1,333 $27,250
    2019$1,333 -0.1%$27,250 -4%
    2018$1,335 +7.1%$28,400
    2017$1,247 +9.9%$28,400
    2016$1,134 +4.7%$28,400
    2015$1,084 +0.7%$28,400
    2014$1,076 +2.9%$28,400
    2013$1,046 +0.4%$28,400
    2012$1,042 +11.9%$28,400
    2011$931 $28,400
    2010$931 -3%$28,400
    2009$960 $28,400
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rehoboth
    • Middle: Rehoboth
    • 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
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $734,900
    2% more
    +$14,698
    With Zillow Showcase(estimated)
    $749,598
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $734,900
    2% more
    +$14,698
    With Zillow Showcase(estimated)
    $749,598