Skip main navigation
Under contract
    • $749,900

    20389 Mallory Square Cir, Rehoboth Beach, DE 19971

    5beds
    2,955sqft
    : 
    Loading
    Get pre-qualified
    Condominium
    Built in 2004
    -- sqft lot
    $727,400 Zestimate®
    $254/sqft
    $701/mo HOA

    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!
    135 days
    |
    48
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie Ferris 302-632-0675,

    Iron Valley Real Estate at The Beach (302) 541-8787,

    Listing Team: The Luxe Property Group

    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
      Video & virtual tour

      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: $254/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

        Estimated market value

        $727,400

        $691,000 - $764,000

        $3,405/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        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.
        Get pre-qualified

        Climate risks

        Neighborhood: 19971

        Getting around

        40 / 100
        Car-Dependent
        50 / 100
        Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby zip codes

            Other Rehoboth Beach Topics

              Search
              Updates
              Favorites
              Plan
              Inbox