$949,500 48 1/2 Olive Avenue Rehoboth Beach, DE

MLS: 713247   Type: Single Family   County: Sussex   City: Rehoboth Beach   Area: Dewey To Lewes East Of Canal   Neighborhood: North Rehoboth   Zip: 19971   Style: A Frame     Stories: 3   Taxes: $1,367

Mortgage $4,458 /mo



Half Baths

Sqr Footage

Lot Size








The Best Price Around for a House that is In Town, Only 1.5 Blocks to the Beach and across the street from Lake Gerar Park. Well-built, quaint, cozy beach retreat that is just 10 years old. Located on the rear lot of a split standard lot. Very low maintenance for a beach house. Leave the car parked and walk to virtually everything in town. Great rental property-$38,000 in 2016. Won't last long!

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Middle School

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Price History

9/8/2016 Listed $975,000
1/26/2017 2% - $959,500
8/9/2017 2% - $949,500

Area 0.05
Association Fee 0
Condo Fees 0
Condo Ownership Yn No
Financing Cash, Conventional
Listing Sub Type N/A
Ownership Fee Simple
Property Sub Type Single Family
Property Type Residential
Section East Of Rt. 1
Subdivision North Rehoboth

Interior Features

Appliances Cooktop, Microwave, Refrigerator
Attic Access Only
Basement None
Cooling System Central A/C
Fireplace None
Flooring Hardwood, Tile
Furnished Y/N Yes
Heating Forced Air
Interior Features Cable TV Prewired, Ceiling Fan(s)
Kitchen Countertops - Granite, Island

Exterior Features

Construction Type Stick/Frame
Exterior Features Storage Shed/Outbuilding
Exterior Type Vinyl Siding
Foundation Concrete Block
Garage None
Garage Capacity 0
Lot Size 40x50
Lot Size Area 0.05
Lot Size Unit Acres
Lot Sq Ft 2178
Parking Assigned, Shared Driveway
Pool None
Porch and Deck Porch - Screened
Roofing Architectural Shingle
Sewer Public Central Sewer
Water Public Central Water
Water View None
Waterfront None

Property Schools

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Gallery (20 photos)

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Property vs Zip Code Avg (19971)

Price 949K Avg 1.00M

Sqr Feet 1,217 Avg 2,479

Cost / Sqr Ft $780 Avg $404

Taxes $1,367 Avg $1,483

Acres 0.05 Avg 0.27

Visits 137 Avg 139

Days on Site 379 Avg 190

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Listing Provided Courtesy Of: JACK LINGO REHOBOTH

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Location & Address

RE/MAX Associates
16392 Coastal Highway
Lewes , DE