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Sold for $1,800,000
  • $1,800,000

    40 Bay Reach, Rehoboth Beach, DE 19971

    5beds
    3,178sqft
    Single Family Residence
    Built in 2023
    0.29 Acres Lot
    $1,783,500 Zestimate®
    $566/sqft
    $4,077 Estimated rent

    Home value

    $1,783,500

    $1.66M - $1.93M

    $4,077/mo

    Zestimate® history
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    What's special

    Home officeOutdoor showerGreat roomHigh ceilingsCozy fireplaceGuest bedroomLuxurious bath
    Welcome to 40 Bay Reach in the laid-back and secluded community of Pine Bay, Rehoboth Beach, Delaware. Built in 2023, this Craftsman-style home is all about easy living with a touch of class, perfect whether you're entertaining a crowd or simply kicking back in style. Plus, it's just an easy walk or bike ride to the beach, making leisure and relaxation a seamless part of everyday living. With 3,178 square feet of living space, there's plenty of room for everyone. Featuring 5 comfy bedrooms and 4 bathrooms, you'll never be short on space. The main floor is a dream with a spacious kitchen that's perfect for cooking up a storm while chatting at the island. The great room, with its high ceilings and cozy fireplace, is the ultimate spot for relaxing or hosting friends. Need a quiet spot for work? The home office off the main entry foyer is perfect for catching up on emails or jumping on a video call. The first-floor master suite is your personal retreat, complete with a luxurious bath. There's also a handy guest bedroom, a study for those quiet moments, and a mudroom for all your gear. Upstairs, you'll find another master suite, plus two more bedrooms and a full bath, making it easy for everyone to have their own space. Outside, the home sits on a generous 12,632 square foot lot. You'll love the four porches, two of which are screened, offering a perfect spot to enjoy the outdoors year-round. Plus, with a spacious 3-car garage and an outdoor shower, everything you need is right at your fingertips.

    Zillow last checked:

    Listing updated:

    Listed by:

    PAUL SICARI 302-864-2282,

    Compass

    Bought with:

    Chris Hayes

    Engel & Volkers Ocean City

    Source: Bright MLS,MLS#: DESU2091902MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Dining room
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Office
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Screened porch
    • Level: Main
    Heating
    • Central, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Tankless Water Heater
    Features
    • Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Pantry, Primary Bath(s), Walk-In Closet(s)
    • Windows: Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,178
    • Total interior livable area: 3,178 sqft
    • Finished area above ground: 3,178
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Faces Front, Garage Door Opener, Inside Entrance, Oversized, Concrete, Attached, Driveway
    • Garage spaces: 3
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Screened Porch
    • Pool features: Community
    Lot
    • Size: 0.29 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.0090.00
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Stick Built
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Rehoboth Beach
    • Subdivision: Pine Bay

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,490 annually
    • Amenities included: Pool
    • Services included: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
    • Association name: PINE BAY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/20/2025Sold$1,800,000-5.3%$566/sqft
    Source: Bright MLS #DESU2091902 Report a problem
    11/3/2025Pending sale$1,900,000$598/sqft
    Source: Bright MLS #DESU2091902 Report a problem
    9/23/2025Contingent$1,900,000$598/sqft
    Source: Bright MLS #DESU2091902 Report a problem
    9/12/2025Listed for sale$1,900,000+10.1%$598/sqft
    Source: Bright MLS #DESU2091902 Report a problem
    4/5/2023Sold$1,725,000-6.7%$543/sqft
    Source: Bright MLS #DESU2034192 Report a problem
    2/17/2023Pending sale$1,849,000$582/sqft
    Source: Bright MLS #DESU2034192 Report a problem
    1/12/2023Listed for sale$1,849,000+188.9%$582/sqft
    Source: Bright MLS #DESU2034192 Report a problem
    6/15/2022Sold$640,000-1.5%$201/sqft
    Source: Bright MLS #DESU2019434 Report a problem
    4/5/2022Pending sale$650,000$205/sqft
    Source: Bright MLS #DESU2019434 Report a problem
    4/4/2022Listed for sale$650,000$205/sqft
    Source: Bright MLS #DESU2019434 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,805 +43.7%$825,450 +1647%
    2024$2,647 +0.1%$47,250
    2023$2,645 +291.9%$47,250 +530%
    2022$675 +0.5%$7,500
    2021$672 +0.3%$7,500
    2020$670 $7,500
    2019$670 +3.2%$7,500
    2018$649 +96.9%$7,500
    2017$329 +2.7%$7,500
    2016$321 +4.3%$7,500
    2015$307 +0.7%$7,500
    2014$305 +2.7%$7,500
    2013$297 -21.8%$7,500
    2012$380 +8%$7,500
    2011$352 $7,500
    2010$352 -2.1%$7,500
    2009$359 $7,500
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --

    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rehoboth
    • 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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