Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts 🚴♀🌿. For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.
For sale
$399,900
502 5th St, Rehoboth Beach, DE 19971
3beds
1,456sqft
Manufactured Home
Built in 1980
10,019 Square Feet Lot
$-- Zestimate®
$275/sqft
$-- HOA
What's special
Three-bedroom one-and-a-half-bath ranch home
- 35 days |
- 314 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Mr. Jeffrey Fowler-Gray 302-727-3013,
Keller Williams Realty (302) 360-0300,
Listing Team: Jeffrey Fowler Group, Co-Listing Team: Jeffrey Fowler Group,Co-Listing Agent: Cindy J Sakowski 302-745-2053,
Keller Williams Realty
Source: Bright MLS,MLS#: DESU2109908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Dining Room, Bedroom 2, Bedroom 3, Family Room, Bedroom 1, Bathroom 1, Half Bath
Bedroom 1
- Features: Flooring - Wood
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14 X 10
Bedroom 2
- Features: Flooring - Vinyl
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 X 11
Bedroom 3
- Features: Flooring - Carpet
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9 X 11
Bathroom 1
- Level: Main
Dining room
- Features: Flooring - Carpet
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 X 13
Family room
- Features: Fireplace - Gas, Flooring - Carpet
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24 X 13
Half bath
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
- Laundry: Hookup
Features
- Dry Wall, Paneled Walls
- Flooring: Carpet, Laminate
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
- Finished area above ground: 1,456
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Driveway
- Uncovered spaces: 4
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 10,019 Square Feet
- Features: Level
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 33413.0076.00
- Zoning: GR
- Special conditions: Standard
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Ranch/Rambler
- Property subtype: Manufactured Home
Materials
- Foundation: Crawl Space
Condition
- Below Average
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Well, Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Tru Vale Acres
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $358,400
- Annual tax amount: $757
- Date on market: 5/31/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: What Is Left In The Home And Shed.
- Ownership: Fee Simple
- Body type: Double Wide
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Listed for sale | $399,900$275/sqft |
Source:  Bright MLS #DESU2109908 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $456 +47.6% | $179,200 +1590.6% |
| 2024 | $309 +0.1% | $10,600 |
| 2023 | $309 +5.2% | $10,600 |
| 2022 | $293 +1.6% | $10,600 |
| 2021 | $289 +0.8% | $10,600 |
| 2020 | $286 | $10,600 |
| 2019 | $286 -0.2% | $10,600 |
| 2018 | $287 +6% | $10,600 |
| 2017 | $271 +6.9% | $10,600 |
| 2016 | $253 +4% | $10,600 |
| 2015 | $243 +1.9% | $10,600 |
| 2014 | $239 +2.7% | $10,600 |
| 2013 | $233 -1% | $10,600 |
| 2012 | $235 +9.5% | $10,600 |
| 2011 | $214 | $10,600 |
| 2010 | $214 -2.4% | $10,600 |
| 2009 | $220 | $10,600 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19971
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 2.5 mi
- NAFrederick D Thomas Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 2.3 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 502 5th St
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