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For sale
  • Price cut: $125K (6/1)
    $2,750,000

    515 Stockley Street Ext, Rehoboth Beach, DE 19971

    4beds
    3,147sqft
    : 
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    Single Family Residence
    Built in 2011
    9,583 Square Feet Lot
    $-- Zestimate®
    $874/sqft
    $-- HOA

    What's special

    Quiet residential neighborhoodRich hand-scraped hardwood floorsMeticulously crafted millworkPlantation shuttersExpansive walk-in closet
    Coastal Luxury in downtown Rehoboth Beach & walking distance to the beach and nightlife. Welcome to 515 Stockley Street, a rare luxury coastal retreat in the heart of downtown Rehoboth Beach. Nestled in the sought-after enclave of School Vue, this location is a true gem, just four blocks from the ocean and Rehoboth’s vibrant boardwalk, yet tucked away in a quiet residential neighborhood. A short stroll across the Silver Lake Turtle Bridge delivers you to the beach, while nearby pickleball and tennis courts, a basketball court, and playground provide recreation right in the neighborhood, all with no HOA. This remarkable setting offers the best of both worlds: tranquility just steps from the action and quick access to the fun and nightlife of nearby Dewey Beach. Built just over a decade ago with the craftsmanship of a classic Rehoboth cottage, this custom home balances timeless character with modern comforts. Wainscoting, plantation shutters, and meticulously crafted millwork run throughout, complementing the rich hand-scraped hardwood floors. A traditional layout is reimagined for today’s lifestyle, with living, dining, and family rooms that open seamlessly through French doors to a sweeping screened veranda, the ultimate indoor-outdoor entertaining space. The living room, anchored by a handsome wood-burning fireplace, sets the tone for gatherings large or small. Just beyond, a sun-filled family room offers flexibility, whether for a home office, quiet conversation nook, or casual dining space, all with doors that open to capture ocean breezes. The gourmet kitchen is designed for both function and style, with granite counters, abundant prep space, and a pass-through to the formal dining room, ideal for dinner parties that flow effortlessly to the porch. The main-level primary suite is a serene retreat, complete with crown molding, an expansive walk-in closet, and a spa-like bath with soaking tub, stall shower, and dual vanity. A spacious laundry room with direct access to the oversized two-car garage adds convenience. Upstairs, two large guest suites each offer private ensuite baths, while a third bedroom provides custom built-ins, generous storage, offering cozy sleeping perfect for younger guests. Outdoors, the 100 x 100 lot provides both privacy and possibilities, with room to expand or add a swimming pool. The detached garage includes a large storage room and full attic, ensuring plenty of space for bikes, beach gear, and more. From morning coffee on the veranda overlooking the school field to evenings warmed by the living room fire, 515 Stockley Street offers year-round comfort and style. Whether a weekend beach retreat, full-time residence, or high-demand investment rental, this home’s unbeatable location places you close to coastal parks, Rehoboth’s dining and shopping, and the resort fun of Dewey Beach, all within easy reach. This is more than a home; it’s a lifestyle that will never be replicated. Once you arrive, you’ll never want to leave. Walk down the end of the street to Turtle Bridge a the walking bridge that takes you right to the beach. Only a few blocks away. Enjoy the convenience of 4 permit parking passes if you A Rare Legacy Property Just Steps from the Ocean • Just 4 blocks to the Atlantic Ocean • 100’ x 100’ lot — nearly double the size of many in-town Rehoboth parcels • One of only 5 newly built homes in the community • Built as a custom home by Capstone Homes • Three Primary Bedroom Suites — ideal for hosting or luxury rental flexibility • Inviting front porch that opens seamlessly to the main living areas — perfect for entertaining • Massive two-car garage plus oversized rear storage space Five off-street parking spaces — exceptionally rare for downtown Rehoboth • Expansive backyard with room to create a private pool and out • Strong seasonal rental potential in this location
    317 days
    |
    502
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Desch 443-722-0319,

    Northrop Realty (302) 703-1144

    Source: Bright MLS,MLS#: DESU2092974MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry, Primary Bathroom
      Bedroom 2
      • Features: Attached Bathroom, Flooring - HardWood, Crown Molding, Walk-In Closet(s), Window Treatments
      • Level: Upper
      • Area: 285 Square Feet
      • Dimensions: 15 X 19
      Bedroom 3
      • Features: Attached Bathroom, Ceiling Fan(s), Window Treatments
      • Level: Upper
      • Area: 285 Square Feet
      • Dimensions: 15 X 19
      Bedroom 4
      • Features: Flooring - HardWood, Window Treatments
      • Level: Upper
      • Area: 169 Square Feet
      • Dimensions: 13 X 13
      Primary bathroom
      • Features: Attached Bathroom, Ceiling Fan(s), Crown Molding, Flooring - HardWood, Walk-In Closet(s), Window Treatments
      • Level: Main
      • Area: 294 Square Feet
      • Dimensions: 14 X 21
      Dining room
      • Features: Flooring - HardWood, Balcony Access
      • Level: Main
      • Area: 260 Square Feet
      • Dimensions: 13 X 20
      Kitchen
      • Features: Flooring - HardWood, Granite Counters, Double Sink, Kitchen - Electric Cooking
      • Level: Main
      • Area: 190 Square Feet
      • Dimensions: 10 X 19
      Laundry
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 6 X 12
      Living room
      • Features: Flooring - HardWood, Fireplace - Wood Burning, Crown Molding, Balcony Access
      • Level: Main
      • Area: 360 Square Feet
      • Dimensions: 15 X 24
      Screened porch
      • Features: Ceiling Fan(s)
      • Level: Main
      • Area: 329 Square Feet
      • Dimensions: 7 X 47
      Other
      • Features: Flooring - HardWood, Balcony Access
      • Level: Main
      • Area: 264 Square Feet
      • Dimensions: 11 X 24
      Heating
      • Heat Pump, Propane
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Ice Maker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Dispenser, Water Heater
      • Laundry: Main Level, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Crown Molding, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), 9'+ Ceilings, Dry Wall
      • Flooring: Bamboo, Hardwood, Carpet, Vinyl, Wood
      • Doors: Atrium, French Doors
      • Windows: Double Pane Windows, Insulated Windows, Palladian, Screens, Transom, Vinyl Clad, Window Treatments
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Mantel(s)
      Interior area
      • Total structure area: 3,147
      • Total interior livable area: 3,147 sqft
      • Finished area above ground: 3,147
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Garage Faces Front, Garage Door Opener, Asphalt, Driveway, Detached
      • Garage spaces: 2
      • Uncovered spaces: 7
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Brick, Porch, Screened, Roof, Screened Porch
      • Exterior features: Extensive Hardscape, Lighting, Flood Lights, Street Lights, Sidewalks, Balcony
      • Pool features: None
      • Has view: Yes
      • View description: Garden, Panoramic
      Lot
      • Size: 9,583 Square Feet
      • Dimensions: 100.00 x 100.00
      • Features: Backs to Trees, Front Yard, Landscaped, Rear Yard, SideYard(s), Downtown
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 33419.08140.00
      • Zoning: TN
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal,Colonial
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stick Built, Vinyl Siding
      • Foundation: Crawl Space
      • Roof: Architectural Shingle,Pitched
      Condition
      • Excellent
      • New construction: No
      • Year built: 2011

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector(s)
      • Subdivision: Schoolvue
      HOA
      • Has HOA: No
      Location
      • Region: Rehoboth Beach

      Financial & listing details

      • Price per square foot: $874/sqft
      • Tax assessed value: $1,650,500
      • Annual tax amount: $2,272
      • Date on market: 8/28/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Price change$2,750,000-4.3%$874/sqft
        Source: Bright MLS #DESU2092974 Report a problem
        2/13/2026Price change$2,875,000-3.4%$914/sqft
        Source: Bright MLS #DESU2092974 Report a problem
        8/28/2025Listed for sale$2,975,000$945/sqft
        Source: Bright MLS #DESU2092974 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,486 +51.9%$825,250 +1672.8%
        2024$2,294 +0.1%$46,550
        2023$2,292 +3.6%$46,550
        2022$2,212 +0.9%$46,550
        2021$2,192 +0.3%$46,550
        2020$2,185 $46,550
        2019$2,185 -0.1%$46,550
        2018$2,189 +7.1%$46,550
        2017$2,044 +9.9%$46,550
        2016$1,859 +14.5%$46,550 +9.4%
        2015$1,624 +0.7%$42,550
        2014$1,612 +2.9%$42,550
        2013$1,567 +0.4%$42,550
        2012$1,561 +280.8%$42,550 +240.4%
        2011$410 $12,500
        2010$410 -3%$12,500
        2009$422 $12,500
        2003-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        48 / 100
        Car-Dependent
        59 / 100
        Bikeable

        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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