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For sale
$999,900
1beds
690sqft

81 Lake Ave, Rehoboth Beach, DE 19971

1beds
690sqft
Single family residence
Built in 1960
1,828 sqft
2 Open parking spaces
$1,449 price/sqft

What's special

Quintessential beach cottageStainless steel appliancesCustom cabinetryQuartz countertopsTwo off-street parking spaces

Welcome to 81 Lake Avenue, a rare opportunity in the heart of Downtown Rehoboth Beach. This charming, quintessential beach cottage has been thoughtfully renovated and offers the unique advantage of commercial zoning, creating endless possibilities for personal enjoyment, investment income, or future development. Whether you're seeking a turnkey coastal retreat, a ...

38 days
|
1,713
|
45
|

Likely to sell faster than

Source: Bright MLS,MLS#: DESU2113052MLS Logo
Travel times

Living Room

Kitchen

Bedroom

Zillow last checked:

Listing updated:

Listed by:

Kim Hamer 302-745-9914,

Monument Sotheby's International Realty (302) 227-6767

Source: Bright MLS,MLS#: DESU2113052MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1
Rooms
  • Room types: Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Laundry, Office, Primary Bathroom
Primary bedroom
  • Level: Main
Primary bathroom
  • Level: Main
Den
  • Level: Main
Dining room
  • Level: Main
Family room
  • Level: Main
Kitchen
  • Level: Main
Laundry
  • Level: Main
Office
  • Level: Main
Heating
  • Baseboard, Electric
Cooling
  • Window Unit(s), Electric
Appliances
  • Included: Refrigerator, Oven/Range - Electric, Stainless Steel Appliance(s), Water Heater, Washer, Microwave, Dryer, Disposal, Dishwasher, Electric Water Heater
  • Laundry: Main Level, Laundry Room
Features
  • Flooring: Ceramic Tile, Engineered Wood
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 780
  • Total interior livable area: 690 sqft
  • Finished area above ground: 690
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Driveway
  • Uncovered spaces: 2
Accessibility
  • Accessibility features: 2+ Access Exits
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Pool features: None
  • Fencing: Partial
  • Waterfront features: Ocean
  • Body of water: Atlantic Ocean
Lot
  • Size: 1,828 Square Feet
Details
  • Additional structures: Above Grade
  • Parcel number: 33414.1762.00
  • Zoning: TN
  • Zoning description: commercial zoning City of Rehoboth
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subtype: Single Family Residence
Materials
  • Stick Built
  • Foundation: Crawl Space
  • Roof: Architectural Shingle
Condition
  • New construction: No
  • Year built: 1960
  • Major remodel year: 2026

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: None Available
HOA
  • Has HOA: No
Location
  • Region: Rehoboth Beach

Financial & listing details

  • Price per square foot: $1,449/sqft
  • Tax assessed value: $929,000
  • Annual tax amount: $2,276
  • Date on market: 6/12/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Conventional,Cash
  • Inclusions: Fully Furnished And Decorated
  • Ownership: Fee Simple

Price history

DateEventPrice
6/12/2026Listed for sale$999,900+67.5%$1,449/sqft
Source: Bright MLS #DESU2113052 Report a problem
5/16/2022Sold$597,000$865/sqft
Source: Public Record Report a problem
3/16/2022Pending sale$597,000$865/sqft
Source: Bright MLS #DESU2017900 Report a problem
3/11/2022Listed for sale$597,000$865/sqft
Source: Bright MLS #DESU2017900 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$1,962 +934%$464,500 +11964.9%
2024$190 +0.1%$3,850
2023$190 +3.6%$3,850
2022$183 +0.9%$3,850
2021$181 +1.4%$3,850
2020$179 $3,850
2019$179 -1.2%$3,850
2018$181 +7.1%$3,850
2017$169 +9.9%$3,850
2016$154 +4.7%$3,850
2015$147 +0.7%$3,850
2014$146 +2.9%$3,850
2013$142 +0.4%$3,850
2012$141 +11.9%$3,850
2011$126 $3,850
2010$126 -3%$3,850
2009$130 $3,850
2008-- --
2007-- --
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Find assessor info on the county website

Monthly payment

Est. payment
$5,356/mo
Principal & interest
$5081
Property taxes
$275
More affordability toolsChevron Right

Estimated market value

$946,900

$900,000 - $994,000

$1,730/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 19971

Nearby schools

Rehoboth Elementary School
Grades K-50.3 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
7/10
Beacon Middle School
Grades 6-83.4 miles
7/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
5/10
Cape Henlopen High School
Grades 9-124.5 miles
8/10
GreatSchools® Rating
College Readiness Rating
8/10