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Sold for $1,450,000
    • $1,450,000

    38242 Robinsons Dr, Rehoboth Beach, DE 19971

    4beds
    --sqft
    Single Family Residence
    Built in 1980
    6,098 Square Feet Lot
    $1,602,000 Zestimate®
    $--/sqft
    $2,981 Estimated rent

    Home value

    $1,602,000

    $1.47M - $1.76M

    $2,981/mo

    Zestimate® history
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    What's special

    Modern updatesSteps from silver lakeLush landscapingGreat curb appealWell-appointed kitchens and bathsInviting screened porch
    Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income in '22 & '23! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Reed 302-227-3818,

    RE/MAX Realty Group Rehoboth,

    Listing Team: The Debbie Reed Team, Co-Listing Team: The Debbie Reed Team,Co-Listing Agent: Amy Warick 302-227-3818,

    RE/MAX Realty Group Rehoboth

    Bought with:

    Lee Ann Wilkinson, RA-0002064

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: DESU2069994MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3
    Basement
    • Description: Percent Finished: 80.0
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Oven/Range - Electric, Range Hood, Refrigerator, Extra Refrigerator/Freezer, Ice Maker, Microwave, Dishwasher, Washer, Dryer, Water Heater, Disposal, Washer/Dryer Stacked, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, Main Level, Upper Level
    Features
    • Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Entry Level Bedroom, Kitchen - Gourmet, Recessed Lighting
    • Flooring: Bamboo, Carpet, Ceramic Tile
    • Windows: Skylight(s)
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Crushed Stone, Driveway, Off Site
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Screened, Porch, Deck, Screened Porch
    • Exterior features: Extensive Hardscape, Flood Lights, Outdoor Shower
    • Pool features: None
    • Waterfront features: Ocean
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 76.00 x 84.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.0937.00
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Stick Built, Vinyl Siding
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Dodds Addition
    HOA
    • Has HOA: No
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Tax assessed value: $21,450
    • Annual tax amount: $1,056
    • Date on market: 9/6/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Sold Partially Furnished
    • Exclusions: Unit 1: Dining Table & Matching Chairs, Accessories From The Porch, Bedroom Set In Lower Level (bed Frame, Nightstands, Armoire – Will Trade Bedroom Set From Another Rental Property) Unit 2: Leather Sofa In Living Room, Barstools
    • Ownership: Fee Simple
    • Total actual rent: 60000

    Price history

    DateEventPrice
    11/19/2024Sold$1,450,000-3.3%
    Source: Bright MLS #DESU2069994 Report a problem
    11/11/2024Pending sale$1,499,000
    Source: Bright MLS #DESU2069994 Report a problem
    10/22/2024Contingent$1,499,000
    Source: Bright MLS #DESU2069994 Report a problem
    9/6/2024Listed for sale$1,499,000-6.3%
    Source: Bright MLS #DESU2069994 Report a problem
    8/27/2024Listing removed$1,599,000
    Source: Bright MLS #DESU2057676 Report a problem
    8/10/2024Price change$1,599,000-5.7%
    Source: Bright MLS #DESU2057676 Report a problem
    4/10/2024Price change$1,695,000-1.7%
    Source: Bright MLS #DESU2057676 Report a problem
    3/11/2024Listed for sale$1,725,000-4.2%
    Source: Bright MLS #DESU2057676 Report a problem
    11/26/2023Listing removed--
    Source: Bright MLS #DESU2048266 Report a problem
    10/25/2023Price change$1,799,900-5%
    Source: Bright MLS #DESU2047468 Report a problem
    9/13/2023Listed for sale$1,895,000+108.2%
    Source: Bright MLS #DESU2047468 Report a problem
    10/7/2013Sold$910,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,409 +80.8%$610,950 +2748.3%
    2024$1,885 +0%$21,450
    2023$1,885 +2%$21,450
    2022$1,848 +0.5%$21,450
    2021$1,838 +0.3%$21,450
    2020$1,833 $21,450
    2019$1,833 +3.1%$21,450
    2018$1,778 +88.8%$21,450
    2017$942 +2.7%$21,450
    2016$917 +4.3%$21,450
    2015$879 +0.7%$21,450
    2014$873 +2.7%$21,450
    2013$850 +0.3%$21,450
    2012$847 +10.2%$21,450
    2011$768 $21,450
    2010$768 -2.7%$21,450
    2009$790 $21,450
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 19971

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    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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