Whether you're an investor looking for a Rental Machine or looking for your personal ocean block oasis 3 Laurel Street will deliver! Just completed in 2024, this Ocean Block home with an inground pool is a rare find in the City of Rehoboth Beach. Currently being used as rental property, the home has grossed over $200,000 the last 2 rental seasons and is already at $235,000+ for 2026 with peak weeks renting for $15,000! The furnishings and tvs are negotiable making this property perfect for investors looking for a turn key income producing property. Close before summer and collective the income at closing! This home is much more than just a rental property and checks all of the boxes for buyers who are looking for a luxury home with incredible ocean views and a short walk to all of the attractions Rehoboth Beach has to offer. This magnificent 2,500sqft beach house is only 150 feet from the beach and boardwalk with Ocean views from all rooms on the front of the house. Tons of outdoor space to take in the sights and sounds of Rehoboth Beach from the front porch, by the pool or the second floor deck. The spacious well thought out great room has incredible attention to detail such as exposed beams, stacked stone gas fireplace, and sustainable hardwood floors that carry throughout the entire house. The open floor plan is tied together perfectly with 10 ft ceilings, Pella windows and gorgeous craftsman trim everywhere you look.Cooking dinner for all of your guests will be a delight in the chef s kitchen with quartz counters, stainless steel Kitchen Aid appliances, 48 inch gas range and oversized French door refrigerator/freezer. All 5 of the spacious ensuite bedrooms feature tiled bathrooms with frameless glass showers. The third floor suite is embellished with exposed beams and a cathedral ceiling. This home truly has it all; a sunken laundry room, pantry closet, easy access to a conditioned crawl space, split system HVAC and 2 tankless hot water heaters. Exterior features include a paver front porch, backyard paver patio with pool, privacy fencing, outdoor shower, cedar impression siding and stone, composite decking, irrigation system and parking for 2 cars.This South Rehoboth masterpiece is only steps to the ocean, 4 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants.
For sale
$4,095,000
3 Laurel St, Rehoboth Beach, DE 19971
5beds
2,500sqft
Single Family Residence
Built in 2024
5,000 Square Feet Lot
$3,864,800 Zestimate®
$1,638/sqft
$-- HOA
What's special
Stacked stone gas fireplacePrivacy fencingOutdoor showerPella windowsComposite deckingOcean block homeSunken laundry room
- 59 days
- 1,154
- 55
Zillow last checked:
Listing updated:
Listed by:
JORDAN GEYER 302-227-3883,
Jack Lingo - Rehoboth (302) 227-3883
Source: Bright MLS,MLS#: DESU2118150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Tankless Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two and One Half
- Stories: 2.5
- Has private pool: Yes
- Pool features: In Ground, Private
- Fencing: Vinyl
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanblock, Ocean
- Body of water: Atlantic Ocean
Lot
- Size: 5,000 Square Feet
- Dimensions: 50 x 100
Details
- Additional structures: Above Grade
- Parcel number: 33414.1895.01
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Shingle Siding, Stick Built, Tile, Vinyl Siding, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: South Rehoboth
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $1,638/sqft
- Tax assessed value: $2,254,000
- Annual tax amount: $1,134
- Date on market: 8/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furniture And Tv Negotiable.
- Ownership: Fee Simple
- Total actual rent: 235000
Estimated market value
$3,864,800
$3.67M - $4.06M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $4,095,000-4.7%$1,638/sqft |
Source: | ||
| 5/29/2026 | Listing removed | $4,295,000$1,718/sqft |
Source: | ||
| 1/16/2026 | Price change | $4,295,000-2.4%$1,718/sqft |
Source: | ||
| 10/7/2025 | Price change | $4,399,000-2.2%$1,760/sqft |
Source: | ||
| 9/10/2025 | Price change | $4,499,000-2.2%$1,800/sqft |
Source: | ||
| 5/28/2025 | Listed for sale | $4,599,000+170.5%$1,840/sqft |
Source: | ||
| 5/18/2023 | Sold | $1,700,000-5.3%$680/sqft |
Source: | ||
| 1/21/2023 | Pending sale | $1,795,000$718/sqft |
Source: | ||
| 11/17/2022 | Price change | $1,795,000-5.3%$718/sqft |
Source: | ||
| 9/23/2022 | Price change | $1,895,000-5%$758/sqft |
Source: | ||
| 7/2/2022 | Listed for sale | $1,995,000$798/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,760 +98.7% | $1,127,000 +2218.9% |
| 2024 | $2,395 +193% | $48,600 +192.8% |
| 2023 | $817 +3.6% | $16,600 |
| 2022 | $789 +0.9% | $16,600 |
| 2021 | $782 +0.3% | $16,600 |
| 2020 | $779 | $16,600 |
| 2019 | $779 +0.8% | $16,600 |
| 2018 | $773 +6% | $16,600 |
| 2017 | $729 +9.9% | $16,600 |
| 2016 | $663 +4.7% | $16,600 |
| 2015 | $634 +0.7% | $16,600 |
| 2014 | $629 +2.9% | $16,600 |
| 2013 | $611 +0.4% | $16,600 |
| 2012 | $609 +11.9% | $16,600 |
| 2011 | $544 | $16,600 |
| 2010 | $544 -3% | $16,600 |
| 2009 | $561 | $16,600 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 19971
Nearby schools
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.





