REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach’s most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast’s most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50’ x 100’ are available separately ($1.250M each) creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.
Lot/land
Price cut: $1M (9/25)
$6,995,000
330 Rehoboth Ave, Rehoboth Beach, DE 19971
--beds
--baths
0.73Acres
Unimproved Land
Built in ----
0.73 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Nearly three-quarter-acre parcelExceptional visibility and accessibility
- 109 days
- 440
- 7
Zillow last checked:
Listing updated:
Listed by:
Lee Ann Wilkinson 302-645-6664,
Berkshire Hathaway HomeServices PenFed Realty 3026456661,
Listing Team: The Lee Ann Wilkinson Group, Co-Listing Agent: Andrew Ratner 302-745-9659,
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: DESU2112272
Facts & features
Property
Features
- Frontage length: Road Frontage: 350
Lot
- Size: 0.73 Acres
- Features: Downtown
Details
- Parcel number: 33414.17139.00
- Zoning: TN
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Annual tax amount: $4,182
- Date on market: 6/9/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $6,995,000-12.5% |
Source: | ||
| 6/9/2026 | Listed for sale | $7,995,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
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.



