- 5 beds
- 4 baths
- 2,800 sqft
- 6,098 sqft lot
- $1,141 per sqft
- 2015 build
The party starts here. This 5-bedroom bay block stunner with elevator is made for year-round memories, from sunny days to crisp fall weekends and everything in between. Just one block to the ocean, a half block to the bay, and packed with everything you need for serious fun in the sun. Bring the crew. There’s room for everyone. Lounge by your private pool with river jets for swimming, hop on your bike to the beach, or grab the boat from the nearby marina. Start with cocktails at your private outdoor bar, fire up the grill for a backyard BBQ, and enjoy the game area before heading to the pool. Take in the sunset from the upper deck, sip your morning coffee on the deck off the primary suite, or unwind on the second deck just off the family room. There’s plenty of storage for bikes and beach gear, sun decks to soak in the Dewey vibe, and space to spread out. Thinking investment? This home has major rental potential. 120 Reed Avenue is more than a beach house. It’s a full-on summer lifestyle that just spells F-U-N.
Last checked:
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Last updated Jun 11, 2025
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MLS# DESU2088218 —
The Building
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Year Built:2015
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Year Built Source:Assessor
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Roof:Unknown
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New Construction:No
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Construction Materials:Stick Built
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Building Name:None Available
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Structure Type:Detached
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Historic:No
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Architectural Style:Coastal
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Levels:1
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Accessibility Features:Elevator
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Foundation Details:Pilings
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2800
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:796
Interior
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Room List:Living Room, Primary Bedroom, Kitchen, Workshop, Additional Bedroom
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2800
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Living Area SqFt:2,800 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:From Highway One, turn onto Read (bayside), home on left.
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Latitude:38.69154825
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Longitude:-75.07643017
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 125.00
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Lot Dimensions Source:Assessor
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Lot Features:Cleared
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Lot SqFt:6,098 Sqft
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Zoning:TN
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View:Bay
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:Yes
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:999
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 227-3818
- Office phone:
- (302) 227-4800
Taxes
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Tax ID Number:334-20.18-109.00
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Tax Year:2024
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Tax Annual Amount:$2,487
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Year Assessed:2024
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School Tax:2009.0
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County Tax:178.00
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City/Town Tax:300.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:5
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Upper Level 1 Bedrooms:4
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Bedrooms Upper Level:1
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Upper Level Full Baths:3
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Upper Level Half Baths:1
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Upper Level Total Baths:4
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Upper Level Total Baths:3.00
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Upper Level 2 Total Baths:1.00
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Upper Level Full Baths:3
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Upper Level 2 Half Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Cape Henlopen
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:Yes - Personal
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Off Street, Driveway
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Parking Features:Stone Driveway
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$3,195,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,108
|
Taxes | $207 |
Insurance | $878 |
Utilities | $174 See report |
Total | $18,367/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/8/25
Jun 8, 2025
|
Listed / Active | BRIGHT | $3,195,000 |