About This Home
This 1-bedroom, 1-bathroom single family at 81 LAKE Avenue in Rehoboth Beach, DE is listed for $999,900 ($1,449 per sqft). Built in 1960, the home offers 690 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1960
- 0.04 acre lot
- 2 parking spaces
Property Details
Amenities
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 high-performing rental property, or the ideal location for a restaurant, boutique retail shop, or professional office, this property offers exceptional flexibility in one of Rehoboth Beach's most desirable locations.
Restaurant concept plans are available for interested buyers. The property features two off-street parking spaces, a beautifully landscaped and fenced yard, and a welcoming front patio-perfect for enjoying your morning coffee or unwinding after a day at the beach.
Inside, the bright and inviting family room features a pull-out sofa, a large-screen television, and an open layout that flows seamlessly into the brand-new kitchen. Designed with both style and functionality in mind, the kitchen showcases custom cabinetry, quartz countertops, stainless steel appliances, and a timeless white subway tile backsplash.
The adjacent eat-in dining area provides a comfortable gathering space and offers direct access to the side yard and outdoor shower. A dedicated laundry and mechanical room provides ample storage and everyday convenience. The owner's suite features a private full bath with a beautifully tiled shower, along with an adjoining flex space currently configured as a home office-ideal for remote work or additional storage.
An additional room offers extra sleeping accommodations and is thoughtfully furnished with a custom upholstered chair that converts into a twin bed, maximizing both comfort and versatility. Professionally furnished and decorated by a local interior designer, this home is being offered fully furnished and turnkey, allowing you to immediately embrace the Rehoboth Beach lifestyle.
Whether you're looking for a personal beach getaway, an income-producing investment, or a unique mixed-use opportunity, 81 Lake Avenue is ready to be enjoyed from day one. Take the 3D tour!
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
81 LAKE Avenue
Rehoboth Beach, DE 19971
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom single family at 81 LAKE Avenue is listed at $999,900 ($1,449/sqft). The estimated monthly payment is $5,348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.04 acre lot, 2 parking spaces.
This property is listed by Kimberly Lear Hamer and can be reached at 3027459914.