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Sold for $537,000
  • $537,000

    20852 Spring Lake Dr Unit 405, Rehoboth Beach, DE 19971

    2beds
    1,000sqft
    Condominium
    Built in 1985
    -- sqft lot
    $536,700 Zestimate®
    $537/sqft
    $1,854 Estimated rent

    Home value

    $536,700

    $510,000 - $564,000

    $1,854/mo

    Zestimate® history
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    What's special

    Sparkling outdoor poolModern appliancesRecessed lightingCeiling fansWell-appointed kitchenBuilt-in microwave
    Nestled in the serene Spring Lake community, this charming 2-bedroom, 2-bathroom condo offers a perfect blend of comfort and convenience. This contemporary unit features luxury vinyl plank flooring that flows seamlessly throughout, creating a warm and inviting atmosphere. The spacious combination dining and living area is enhanced by recessed lighting and ceiling fans, making it an ideal space for relaxation or entertaining. Spacious Waterview Deck with access from the Living Room and Dining Room. The well-appointed kitchen boasts modern appliances, including a built-in microwave, electric oven/range, and dishwasher, ensuring meal prep is a breeze. Enjoy the convenience of in-unit laundry with a stacked washer and dryer, located on the main floor for easy access. There is also a deck space accessed by sliding Doors from the Main Floor Bedroom. Step outside to discover multiple balconies that provide a peaceful retreat, perfect for sipping morning coffee or unwinding after a long day. The community amenities are truly a highlight, featuring a sparkling outdoor pool and access to the picturesque lakes, perfect for leisurely strolls or picnics by the water. With assigned parking and maintenance included in the association fee, you can enjoy a hassle-free lifestyle. Located near Dewey Beach and all of the fun you can handle with many restaurants and beach areas close by. This home offers the perfect balance of tranquility and accessibility. Experience the charm of Spring Lake living-your new home awaits!

    Zillow last checked:

    Listing updated:

    Listed by:

    LANA WARFIELD 302-236-2430,

    Berkshire Hathaway HomeServices PenFed Realty,

    Co-Listing Agent: Torianne M Weiss Hamstead 302-242-8378,

    Berkshire Hathaway HomeServices PenFed Realty

    Bought with:

    Heather Guerke, r3-0019008

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DESU2100836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Laundry, Bathroom 1
    Bedroom 1
    • Level: Main
    Bedroom 1
    • Level: Upper
    Bathroom 1
    • Level: Main
    Bathroom 1
    • Level: Upper
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump, Electric
    Appliances
    • Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater
    • Laundry: Has Laundry, Main Level, Washer In Unit, Dryer In Unit, Laundry Room, In Unit
    Features
    • Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Recessed Lighting, Walk-In Closet(s), Dry Wall
    • Flooring: Luxury Vinyl
    • Doors: Sliding Glass, Insulated
    • Windows: Screens, Sliding, Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,000
    • Total interior livable area: 1,000 sqft
    • Finished area above ground: 1,000
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    • Pool features: Community
    • Waterfront features: Lake
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.001.00405
    • Zoning: HR-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stick Built
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Condo and coop fee: $1,535 quarterly
    • Subdivision: Spring Lake
    HOA
    • Has HOA: No
    • Amenities included: Lake, Pool, Reserved/Assigned Parking
    • Services included: Common Area Maintenance, Maintenance Structure, Maintenance Grounds, Management, Pool(s), Road Maintenance, Snow Removal, Trash
    • HOA name: Spring Lake
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $537/sqft
    • Tax assessed value: $432,000
    • Annual tax amount: $912
    • Date on market: 11/21/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/5/2026Sold$537,000-2.3%$537/sqft
    Source: Bright MLS #DESU2100836 Report a problem
    5/18/2026Pending sale$549,900$550/sqft
    Source: Bright MLS #DESU2100836 Report a problem
    5/2/2026Contingent$549,900$550/sqft
    Source: Bright MLS #DESU2100836 Report a problem
    4/8/2026Price change$549,900-1.6%$550/sqft
    Source: Bright MLS #DESU2100836 Report a problem
    11/21/2025Listed for sale$559,000$559/sqft
    Source: Bright MLS #DESU2100836 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,231 -18.8%$216,000 +788.9%
    2024$1,516 +0.1%$24,300
    2023$1,515 +2.8%$24,300
    2022$1,474 +0.7%$24,300
    2021$1,463 +0.3%$24,300 +17.1%
    2020$1,458 $20,750
    2019$1,458 +1.4%$20,750 -14.6%
    2018$1,439 +34.8%$24,300
    2017$1,067 +9%$24,300
    2016$979 +4.6%$24,300
    2015$936 +0.7%$24,300
    2014$929 +2.9%$24,300
    2013$903 -3.2%$24,300
    2012$933 +11.2%$24,300
    2011$839 $24,300
    2010$839 -2.8%$24,300
    2009$863 $24,300
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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