A beautiful opportunity awaits on one of the most charming blocks in-town Rehoboth Beach. This picturesque 50x100 parcel, shaded by a canopy of mature trees, offers a blank canvas to create the beach home you’ve always imagined. Just one block from the Atlantic Ocean, you can stroll to the sand in minutes or wander over to the vibrant shops and locally loved restaurants that give downtown Rehoboth its timeless coastal character. Whether you dream of a shingled cottage with a front porch for morning coffee or a sunny retreat for family gatherings after a day at the beach.
Sold for $2,250,000
$2,250,000
40 Park Ave, Rehoboth Beach, DE 19971
--beds
--baths
5,000Square Feet
Unimproved Land
Built in ----
5,000 Square Feet Lot
$2,404,600 Zestimate®
$--/sqft
$2,506 Estimated rent
Home value
$2,404,600
$2.24M - $2.60M
$2,506/mo
Zestimate® history
Owner options
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$2,506/mo
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$2,506/mo
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$10,131/mo
Est. payment
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$10,131/mo
Est. payment
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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: Ashlee Reed Hidell 302-227-3818,
RE/MAX Realty Group Rehoboth
Bought with:
SHAUN TULL, RS-0016284
Jack Lingo - Rehoboth
Source: Bright MLS,MLS#: DESU2098476
Facts & features
Property
Features
- Waterfront features: Ocean
Lot
- Size: 5,000 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 33414.13250.00
- Zoning: TN
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Tax assessed value: $1,847,700
- Annual tax amount: $4,677
- Date on market: 10/14/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $2,250,000-7.2% |
Source:  Bright MLS #DESU2098476 Report a problem | ||
| 6/23/2026 | Pending sale | $2,425,000 |
Source: Bright MLS #DESU2098476 Report a problem | ||
| 5/17/2026 | Contingent | $2,425,000-20.4% |
Source: Bright MLS #DESU2098476 Report a problem | ||
| 3/30/2026 | Price change | $3,046,093+25.6% |
Source: Bright MLS #DESU2108354 Report a problem | ||
| 1/16/2026 | Price change | $2,425,000-3% |
Source: Bright MLS #DESU2098476 Report a problem | ||
| 10/14/2025 | Listed for sale | $2,500,000 |
Source: Bright MLS #DESU2098476 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,902 +264.9% | $923,850 +4157.4% |
| 2024 | $1,070 -31.5% | $21,700 -31.5% |
| 2023 | $1,561 +3.6% | $31,700 |
| 2022 | $1,507 +0.9% | $31,700 |
| 2021 | $1,493 +0.3% | $31,700 |
| 2020 | $1,488 | $31,700 |
| 2019 | $1,488 -0.1% | $31,700 |
| 2018 | $1,490 +7.1% | $31,700 |
| 2017 | $1,392 +9.9% | $31,700 |
| 2016 | $1,266 +4.7% | $31,700 |
| 2015 | $1,210 +0.7% | $31,700 |
| 2014 | $1,201 +2.9% | $31,700 |
| 2013 | $1,167 +0.4% | $31,700 |
| 2012 | $1,163 +11.9% | $31,700 |
| 2011 | $1,039 | $31,700 |
| 2010 | $1,039 -3% | $31,700 |
| 2009 | $1,071 | $31,700 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
Nearby homes
- $2,562,9004 bd-- ba2.1k sqft42 Park Ave, Rehoboth Beach, DE 19971Off Market
- $3,241,1004 bd-- ba3.1k sqft44 Park Ave, Rehoboth Beach, DE 19971Off Market
- $2,054,5003 bd-- ba1.9k sqft38 Park Ave, Rehoboth Beach, DE 19971Off Market
- $3,435,8005 bd6 ba3k sqft46 Park Ave, Rehoboth Beach, DE 19971Off Market
- $3,446,2003 bd-- ba2.2k sqft37 Oak Ave, Rehoboth Beach, DE 19971Off Market
- $2,575,5004 bd3 ba2.2k sqft36 Park Ave, Rehoboth Beach, DE 19971Off Market
- $2,704,3003 bd-- ba3.8k sqft39 Oak Ave, Rehoboth Beach, DE 19971Off Market
- $2,379,6004 bd-- ba2.1k sqft33 Oak Ave, Rehoboth Beach, DE 19971Off Market
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 4.4 mi
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.
- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 40 Park Ave
Nearby cities
Nearby zip codes
Other Rehoboth Beach Topics
