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Sold for $4,500,000
  • $4,500,000

    40 Beach Ave, Rehoboth Beach, DE 19971

    7beds
    4,200sqft
    Single Family Residence
    Built in 2024
    4,792 Square Feet Lot
    $4,456,600 Zestimate®
    $1,071/sqft
    $3,976 Estimated rent

    Home value

    $4,456,600

    $4.10M - $4.86M

    $3,976/mo

    Zestimate® history
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    What's special

    Expansive duradek rooftop deckMultiple wet barsPorcelain tile flooringGourmet kitchenVadara quartz countertops
    Introducing 40 Beach Avenue – a modern masterpiece on the ocean block of private North Indian Beach. This new home, crafted by Lane Builders in 2024, is being sold furnished and features 7 bedrooms, 7.5 baths, and 4200+/- square feet of finished indoor space spanning across 4 luxurious levels. What’s more, you’ll enjoy breathtaking views of the Rehoboth Bay and the Atlantic Ocean from your expansive Duradek rooftop deck. Every inch of this home has been customized to perfection, including custom millwork throughout, multiple wet bars, customized bathroom and kitchen cabinetry, and soft close cavity pocket doors. An upgraded lighting and electronics package by Overture Ultimate Home Electronics includes low voltage recessed lighting throughout, customizable keypads, Paradigm ceiling speakers on the fourth level, LED/OLED Sony TVs, and more. An elevator services every floor from the garage to the rooftop deck. The first level of the home features porcelain tile flooring throughout, a bedroom, bathroom with tiled shower, rec room, and wet bar with custom tile. A nod to the history of the North Indian Beach community is incorporated into the brick wall of the entryway – reclaimed from the original beach cottage that once stood on this lot. The second and third level each have 3 bedrooms with 3 ensuite bathrooms, a washer and dryer, and a tech station. The primary bathroom on the third level is wheelchair accessible with a zero-threshold shower. The living and dining area and the gourmet kitchen are on the fourth level of this state-of-the-art home – all with views of the Rehoboth Bay. The kitchen is a chef’s dream, featuring Vadara Quartz countertops with built-up edges, an 8-burner Wolf range, XO range hood, pot filler, Ruvati kitchen sinks, KitchenAid stainless steel refrigerator, microwave, wall oven, two dishwashers, a butler’s pantry and a full wet bar with ice maker, wine cooler and beverage refrigerator. There is also a powder room on this level. Steps from the kitchen is the fourth level Duradek deck with outdoor grill, refrigerator, and honed granite countertops. Follow the stairway to the best part of all – the rooftop deck with stunning views of Rehoboth Bay, Dewey Beach, and the Atlantic Ocean. With the unique allowance in North Indian Beach to build to a height of 42 feet, this home has an impressive advantage above and beyond those in neighboring Indian Beach and Dewey Beach, where 35 feet is the max. The rooftop deck has a stub for a future fire pit and wiring for outdoor speakers. It is also structurally sufficient to hold a hot tub. The garage in this home is not to be overlooked. It includes one of the three laundry stations in the home, sink with granite countertop and custom cabinetry, a drying rack, and True brand commercial-size ice machine to make filling up your beach cooler a breeze. It also houses the tank for your fire suppression system and a lead/lag booster pump to ensure consistent water pressure always flows within the home. This unbelievable home is being offered fully furnished and turn-key with high-end furnishings from Universal, Lexington, Fairfield Chair, John Thomas, Braxton Culler, Creative, and Legacy. All design work and furniture selections were done by Barbara Anderson Design and truly capture that high-end, coastal feel. Located in the intimate oceanside enclave of North Indian Beach, you’ll have access to a private, guarded beach and neighborhood security patrol. This community allows one-week rentals, meaning this property isn’t just an incredible coastal getaway for you as a primary or secondary home but also a valuable rental opportunity with the potential for $15,000 per week during prime summer weeks. Walk to everything Dewey Beach has to offer and then retreat to the calm oasis of North Indian Beach when you call 40 Beach Avenue your home away from home! Be sure to view the Drone Video and 3D Virtual Tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    MERRITT COOCH 302-562-7954,

    Jack Lingo - Lewes,

    Listing Team: Carrie Lingo Team, Co-Listing Team: Carrie Lingo Team,Co-Listing Agent: Carrie Lingo 302-344-9188,

    Jack Lingo - Lewes

    Bought with:

    JORDAN GARCIA, RS-0023700

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DESU2074170MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Washer, Built-In Range, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliance(s), Microwave, Six Burner Stove, Washer/Dryer Stacked, Ice Maker, Oven, Tankless Water Heater
    • Laundry: Has Laundry
    Features
    • Butlers Pantry, Sound System, Upgraded Countertops, Built-in Features, Ceiling Fan(s), Recessed Lighting, Elevator, Open Floorplan, Kitchen Island, Pantry, Primary Bath(s), Walk-In Closet(s), Wine Storage, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Bathroom - Stall Shower, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Wainscotting, Bar
    • Flooring: Engineered Wood, Tile/Brick, Wood
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft
    • Finished area above ground: 4,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Storage, Garage Faces Front, Inside Entrance, Driveway, Attached
    • Attached garage spaces: 1
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Roll-in Shower, Roll-under Vanity
    Features
    • Levels: Four
    • Stories: 4
    • Patio & porch: Deck, Roof Deck
    • Exterior features: Barbecue, Lawn Sprinkler, Outdoor Shower
    • Pool features: None
    Lot
    • Size: 4,792 sqft
    • Dimensions: 90.00 x 55.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33423.0679.00
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stick Built
    • Foundation: Slab
    • Roof: Other
    Condition
    • Excellent
    • New construction: No
    • Year built: 2024
    Details
    • Builder name: Lane Builders

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Exterior Cameras, Fire Sprinkler System
    Location
    • Region: Rehoboth Beach
    • Subdivision: Indian Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $3,400 annually
    • Amenities included: Beach Access, Security
    • Services included: Common Area Maintenance, Management, Reserve Funds, Trash
    • Association name: NORTH INDIAN BEACH COMMUNITY ASSOCIATION

    Other

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

    Price history

    DateEventPrice
    4/23/2025Sold$4,500,000-3.2%$1,071/sqft
    Source: Bright MLS #DESU2074170 Report a problem
    3/22/2025Contingent$4,650,000$1,107/sqft
    Source: Bright MLS #DESU2074170 Report a problem
    2/18/2025Price change$4,650,000-3.1%$1,107/sqft
    Source: Bright MLS #DESU2074170 Report a problem
    12/13/2024Listed for sale$4,799,000+219.9%$1,143/sqft
    Source: Bright MLS #DESU2074170 Report a problem
    7/5/2022Sold$1,500,000$357/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,346 +52.9%$1,426,850 +1735.2%
    2024$4,151 +227.7%$77,750 +303.9%
    2023$1,267 +2.7%$19,250
    2022$1,233 +0.7%$19,250
    2021$1,225 +0.3%$19,250
    2020$1,221 $19,250
    2019$1,221 +1.7%$19,250
    2018$1,201 +42.1%$19,250
    2017$845 +4.7%$19,250
    2016$808 +4.4%$19,250
    2015$773 +0.7%$19,250
    2014$768 +2.8%$19,250
    2013$747 -10.3%$19,250
    2012$834 +9.4%$19,250
    2011$762 $19,250
    2010$762 -2.5%$19,250
    2009$781 $19,250
    2003-- --
    2002-- --
    2001-- --

    Find assessor info on the county website

    Neighborhood: 19971

    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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