Rehoboth Beach, DE 19971,16 CANAL STREET
Rehoboth Beach, DE 19971,16 CANAL STREET
Rehoboth Beach, DE 19971,16 CANAL STREET
$825,000
Est. payment /mo
$875,000
5.7%
Est.Price: ?

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3 Beds
3 Baths
1,525 SqFt
SOLD DATE : 08/14/2024

Key Details

Sold Price $825,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,525 sqft

Price per Sqft $540

Subdivision Encampment Grounds

MLS Listing ID DESU2061336

Sold Date 08/14/24

Style Contemporary

Bedrooms 3

Full Baths 2

Half Baths 1

Condo Fees $2,000/ann

HOA Y/N N

Abv Grd Liv Area 1,525

Originating Board BRIGHT

Year Built 1992

Annual Tax Amount $1,670

Property Description

Step into your tranquil retreat within the sought-after Encampment Grounds of Rehoboth Beach. This end-unit condo offers a serene escape from the hustle and bustle, enveloped by a verdant canopy of trees that paint the landscape with shades of green.
As you enter, you're greeted by the peaceful ambiance of a quiet city street and the distant murmur of the Lewes Rehoboth canal. Multiple decks offer panoramic views of the serene canal waters, providing the perfect backdrop for morning coffee or evening relaxation.
This is more than just a home; it's an invitation to embrace the quintessential Rehoboth Beach lifestyle. Fine dining establishments, charming specialty shops, and the boardwalk are all just a stroll away. And when the call of the beach beckons, it's just a short walk to soak up the sun and surf to your heart's content.
For the savvy investor, this property presents an excellent opportunity with little to no restrictions on rentals. Whether you're seeking a peaceful retreat for yourself or a lucrative investment opportunity, this condo offers the best of both worlds in one of Delaware's most coveted coastal communities. Live here, and every day feels like a vacation.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Rooms

Other Rooms Living Room, Kitchen, Other

Interior

Interior Features Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Flooring Carpet, Ceramic Tile

Fireplaces Number 1

Equipment Refrigerator, Oven/Range - Electric, Microwave, Dishwasher, Disposal, Dryer, Washer

Furnishings No

Fireplace Y

Appliance Refrigerator, Oven/Range - Electric, Microwave, Dishwasher, Disposal, Dryer, Washer

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Deck(s)

Garage Garage - Front Entry

Garage Spaces 3.0

Utilities Available Electric Available, Cable TV

Waterfront N

Water Access N

View Canal

Roof Type Unknown

Accessibility None

Porch Deck(s)

Parking Type Attached Garage, Driveway, Parking Lot

Attached Garage 1

Total Parking Spaces 3

Garage Y

Building

Lot Description Trees/Wooded

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 3

Additional Building Above Grade

Structure Type Dry Wall

New Construction N

Schools

School District Cape Henlopen

Others

Pets Allowed Y

HOA Fee Include Ext Bldg Maint,Common Area Maintenance

Senior Community No

Tax ID 334-13.20-177.00-1

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Bright MLS (BMLS)
Listed by ELIZABETH DORMAN • Coldwell Banker Premier - Rehoboth
Bought with Barbara (Babs) Morales • Berkshire Hathaway HomeServices PenFed Realty

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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