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For sale
    • $2,450,000

    38520 Pine Ln Unit 2, Rehoboth Beach, DE 19971

    3beds
    3,342sqft
    : 
    $13,851/mo
    Get pre-qualified
    Condominium
    Built in 2014
    -- sqft lot
    $2,314,100 Zestimate®
    $733/sqft
    $500/mo HOA

    What's special

    Nestled in the heart of Rehoboth Beach, this luxurious lakefront town home offers an exceptional blend of elegance, comfort, and coastal charm. Designed with an inverted floor plan to maximize views and living space, the home welcomes you with a grand entrance on the ground floor, adorned with crown molding that leads into a spacious living room and serene lakefront patio. For added flexibility, this living room can easily transform into a fourth owner's suite by closing the discreet pocket doors. The second-floor features three beautifully appointed suites, each with private baths and balconies. The rear owner's suite is a true sanctuary, complete with a walk-in closet and access to a lakefront deck that spans the entire width of the home. A conveniently located laundry room adds to the thoughtful layout. Ride the private elevator to the third floor, where an expansive open concept living area awaits. The gourmet island kitchen is a chef’s dream, outfitted with quartz countertops, GE Monogram appliances—including a gas cooktop, wall oven, food warmer, two dishwashers, built-in microwave, and commercial-grade hood. Adjacent to the kitchen, a wet barroom offers ample wine storage and counter space for crafting your favorite libations. The open living room is equally impressive, featuring a gas fireplace, vaulted ceilings, and skylights that flood the space with natural light. Folding glass doors open the entire rear wall to a screened porch, creating a seamless indoor-outdoor experience perfect for entertaining. During cooler months, clear vinyl panels convert the porch into a cozy three-season room, allowing you to enjoy breathtaking lake views all year long. Located in Rehoboth Beach, this town home offers more than just a stunning residence—it provides access to tax-free shopping, acclaimed restaurants, the iconic boardwalk, and pristine beaches. Don’t miss your chance to own this exquisite waterfront retreat where luxury meets lifestyle.
    338 days
    |
    738
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob McVey 302-236-7795,

    Mann & Sons, Inc. (302) 227-9477,

    Co-Listing Agent: Robert Mcvey Iii Iii 302-227-9477,

    Mann & Sons, Inc.

    Source: Bright MLS,MLS#: DESU2092490MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Heat Pump, Electric, Propane
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Ice Maker, Oven, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Washer, Tankless Water Heater
      • Laundry: Dryer In Unit, Has Laundry, Upper Level, Washer In Unit
      Features
      • Bar, Ceiling Fan(s), Combination Kitchen/Living, Elevator, Open Floorplan, Kitchen Island, Eat-in Kitchen, Pantry, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wine Storage, Recessed Lighting, Dry Wall
      • Flooring: Hardwood, Tile/Brick, Carpet, Wood
      • Doors: Insulated, Six Panel
      • Windows: Screens, Skylight(s), Window Treatments
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas/Propane
      Interior area
      • Total structure area: 3,342
      • Total interior livable area: 3,342 sqft
      • Finished area above ground: 3,342
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Faces Front, Garage Door Opener, Driveway, Attached, Off Street
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      • Details: Garage Sqft: 330
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Deck, Enclosed, Patio, Screened
      • Exterior features: Rain Gutters, Extensive Hardscape, Balcony
      • Pool features: None
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Shared, Lake, Canoe/Kayak, Fishing Allowed, No Personal Watercraft (PWC), Private Access
      • Body of water: Lake Comegys
      • Frontage length: Water Frontage Ft: 63
      Lot
      • Features: Wooded
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 33420.107.002
      • Zoning: MR
      • Zoning description: Residential Use
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Reverse,Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Frame, Aluminum Siding
      • Foundation: Block, Crawl Space
      • Roof: Architectural Shingle
      Condition
      • Excellent
      • New construction: No
      • Year built: 2014

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Propane - Community, Sewer Available, Water Available, Cable

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s), Monitored
      • Condo and coop fee: $6,000 annually
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Other
      • Services included: Other
      Location
      • Region: Rehoboth Beach

      Financial & listing details

      • Price per square foot: $733/sqft
      • Tax assessed value: $2,482,000
      • Annual tax amount: $2,524
      • Date on market: 8/22/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Condominium

        Estimated market value

        $2,314,100

        $2.20M - $2.43M

        $3,474/mo

        Price history

        DateEventPrice
        4/11/2026Price change$2,450,000-5.7%$733/sqft
        Source: Bright MLS #DESU2092490 Report a problem
        8/22/2025Listed for sale$2,599,000+939.6%$778/sqft
        Source: Bright MLS #DESU2092490 Report a problem
        10/27/2016Sold$250,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,561 +95.6%$1,241,000 +2323.8%
        2024$2,842 +0.1%$51,200
        2023$2,840 +3.2%$51,200
        2022$2,752 +0.8%$51,200
        2021$2,730 +0.3%$51,200
        2020$2,721 $51,200 +15.7%
        2019$2,721 +0.7%$44,250 -13.6%
        2018$2,703 +20.2%$51,200 +15.7%
        2017$2,248 +25.2%$44,250
        2016$1,796 +4.6%$44,250
        2015$1,717 $44,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 19971

        Getting around

        34 / 100
        Car-Dependent
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Beacon
        • High: Cape Henlopen
        • 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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