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Sold for $700,000
  • $700,000

    20860 East Dr Unit 545, Rehoboth Beach, DE 19971

    4beds
    1,815sqft
    Townhouse
    Built in 1995
    36.57 Acres Lot
    $695,900 Zestimate®
    $386/sqft
    $3,001 Estimated rent

    Home value

    $695,900

    $640,000 - $752,000

    $3,001/mo

    Zestimate® history
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    What's special

    Updated bathroomsWood-burning fireplaceEn-suite bathOutdoor storage areaHigh-quality flooringNew kitchen appliances
    SPRING INTO BEACH LIFE with this spacious 4 bedroom, 3.5 bath, townhouse in desirable Spring Lake! Totally ready for you to move in and make it your own! Features a fantastic floor plan, with high-quality flooring throughout, an inviting living room with wood-burning fireplace all open to the kitchen and dining room - the perfect design for today's living! Th rear patio with community pond & sunset views creates the perfect backdrop for your cocktail parties and al-fresco dinners. There is a spacious second level primary suite with en-suite bath, and private balcony & view of the pond, as well as 2 additional guest rooms. Plus a 3rd level loft that doubles as a 4th bedroom with attached full bath. Add to all of that an outdoor storage area with plenty of extra space for your beach supplies. So much space and convenience! The property had bee recently updated with a new roof, interior and exterior paint, new kitchen appliances, and updated bathrooms. All of this is located within walking distance to the community pool, downtown Rehoboth, and the beach! Make this your own beach retreat or let it double as a great investment opportunity. Don't let this one get away - schedule your personal tour today!

    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:

    George Merrick, RS0025941

    Jack Lingo - Lewes

    Source: Bright MLS,MLS#: DESU2083148MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Primary Bathroom, Full Bath, Half Bath
    Primary bedroom
    • Features: Attached Bathroom, Flooring - HardWood, Balcony Access
    • Level: Upper
    Bedroom 2
    • Features: Flooring - HardWood
    • Level: Upper
    Bedroom 3
    • Features: Flooring - HardWood
    • Level: Upper
    Bedroom 4
    • Features: Flooring - HardWood, Attached Bathroom, Ceiling Fan(s)
    • Level: Upper
    Primary bathroom
    • Features: Flooring - Ceramic Tile, Soaking Tub, Double Sink
    • Level: Upper
    Dining room
    • Features: Flooring - Tile/Brick
    • Level: Main
    Other
    • Features: Flooring - Tile/Brick
    • Level: Upper
    Other
    • Features: Flooring - Tile/Brick
    • Level: Upper
    Half bath
    • Features: Flooring - Tile/Brick
    • Level: Main
    Kitchen
    • Features: Flooring - Tile/Brick, Breakfast Bar, Countertop(s) - Solid Surface, Kitchen - Electric Cooking
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Features: Flooring - Tile/Brick, Ceiling Fan(s), Fireplace - Wood Burning
    • Level: Main
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliance(s), Water Heater, Electric Water Heater
    • Laundry: Hookup, Washer/Dryer Hookups Only, Laundry Room
    Features
    • Soaking Tub, Ceiling Fan(s), Combination Dining/Living, Open Floorplan, Upgraded Countertops
    • Flooring: Carpet, Tile/Brick, Vinyl
    • Windows: Screens, Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,815
    • Total interior livable area: 1,815 sqft
    • Finished area above ground: 1,815
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Patio
    • Exterior features: Underground Lawn Sprinkler, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Garden, Pond
    • Has water view: Yes
    • Water view: Pond
    • Waterfront features: Pond
    • Frontage length: Water Frontage Ft: 100
    Lot
    • Size: 36.57 Acres
    • Features: Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.001.00545
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Stick Built, HardiPlank Type
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Spring Lake
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • Services included: Maintenance Grounds, Pool(s)
    • HOA fee: $5,470 annually
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $576,500
    • Annual tax amount: $1,617
    • Date on market: 4/7/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/18/2025Sold$700,000-5.4%$386/sqft
    Source: Bright MLS #DESU2083148 Report a problem
    7/14/2025Pending sale$739,900$408/sqft
    Source: Bright MLS #DESU2083148 Report a problem
    6/22/2025Contingent$739,900$408/sqft
    Source: Bright MLS #DESU2083148 Report a problem
    5/12/2025Price change$739,900-2.6%$408/sqft
    Source: Bright MLS #DESU2083148 Report a problem
    4/7/2025Listed for sale$759,900$419/sqft
    Source: Bright MLS #DESU2083148 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,536 +7%$288,250 +778.8%
    2024$1,435 +0.1%$32,800
    2023$1,434 +4.1%$32,800
    2022$1,377 -5.9%$32,800
    2021$1,463 +0.4%$32,800
    2020$1,457 $32,800 +5.1%
    2019$1,457 +1.3%$31,200 -4.9%
    2018$1,438 +38.2%$32,800
    2017$1,040 +27.1%$32,800
    2016$819 -35.1%$32,800
    2015$1,260 +0.7%$32,800
    2014$1,251 +2.9%$32,800
    2013$1,216 -2.3%$32,800
    2012$1,245 +10.8%$32,800
    2011$1,124 $32,800
    2010$1,124 -2.8%$32,800
    2009$1,157 $32,800
    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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