- 2 beds
- 2 baths
- 1,000 sqft
- $599 per sqft
- 1985 build
*Savor the Flavor of Coastal Living in this Updated Condo in Sought-After Spring Lake!** Nestled along the picturesque Thompson Island Park in Rehoboth Beach, this charming two-bedroom, two-bathroom condo is the perfect blend of historic charm and modern convenience. With its prime location, you'll be just a stone's throw from the vibrant downtown area, yet surrounded by the serene beauty of the coastal landscape. This condo has been thoughtfully updated to provide the perfect blend of form and function. From the sleek, modern kitchen with stainless steel appliances and granite countertops, to the spacious bedrooms with plush carpeting and Luxury Vinyl and ample closet space, every detail has been carefully considered to ensure a comfortable and relaxing living experience. **Rental Income Producer Extraordinaire!** But it's not just the updates that make this condo a standout – it's also its impressive rental income potential! With its prime location and stunning views of the surrounding landscape, this condo is a sought-after destination for vacationers and beachgoers alike. Whether you're looking to supplement your income or create a lucrative investment opportunity, this condo is sure to deliver. **Amenities Abound!** And when you're not enjoying the comforts of your own home, you'll have access to a range of fabulous amenities, including: * A sparkling pool perfect for lounging on a warm summer day * A private patio area for outdoor entertaining and relaxation * And, of course, the stunning views of the surrounding landscape from every window! **Bike to Downtown Rehoboth Beach or Collect a Substantial Income – the Choice is Yours!** Whether you're looking to enjoy the best of Rehoboth Beach's vibrant downtown scene or create a lucrative investment opportunity, this condo has it all. With its prime location, stunning views, and impressive rental income potential, this is an opportunity you won't want to miss! **Don't Miss Out!** Contact us today to schedule a showing and make this incredible condo your own. Whether you're looking to live, invest, or simply enjoy the best of coastal living, this condo is sure to satisfy your cravings!
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Last updated Jun 5, 2025
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MLS# DESU2087972 —
Upcoming Open Houses
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Saturday, 6/21
11am-2pm
The Building
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Year Built:1985
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Year Built Source:Estimated
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Roof:Composite
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New Construction:No
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Construction Materials:Stick Built, Cedar
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Building Name:None Available
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Unit Building Type:Garden 1 - 4 Floors
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Structure Type:Unit/Flat/Apartment
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Historic:No
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Architectural Style:Contemporary
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Levels:2
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Entry Floor Number:2
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Door Features:Storm
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Window Features:Screens, Storm
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Accessibility Features:None
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Common Walls:2+ Common Walls
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Foundation Details:Slab
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Basement:No
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Unit Number:427
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1000
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Above Grade Finished SqFt Source:Estimated
Interior
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Interior Features:Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Skylight(s)
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Room List:Living Room, Dining Room, Primary Bedroom, Kitchen
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Room Count:5
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Flooring Type:Carpet, Vinyl
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Wood
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Wall & Ceilings:Vaulted Ceilings
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1000
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Living Area SqFt:1,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:61-90 Days CD, 31-60 Days CD, Immediate
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Lease Considered:Yes
Location
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Directions:Enter Spring Lake make a left into and a Right into the 427 lsection.
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Latitude:38.70180000
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Longitude:-75.08532000
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Location Type:Pond
The Property
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Property Type:Residential
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Inclusions:Most of the contents and the appliances.
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Exclusions:Personal photos and a few items.
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Additional Parcels:No
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Zoning:RESIDENTIAL
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Road Surface Type:Black Top
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Road Responsibility:Public
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View:Lake, Pond
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In City Limits:No
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Outdoor Living Structures:Deck(s)
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Other Structures:Above Grade
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Horse:No
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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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 381-2268
- Office phone:
- (302) 426-2080
Taxes
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Tax ID Number:334-20.00-1.00-427
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County Tax:934.00
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
The Listing
Heating & Cooling
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Cooling Type:Heat Pump(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Wood Burn Stove, Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV, Phone
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Sewer/Septic:Public Sewer
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Electric Service:220 Volts
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Hot Water:Electric
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
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Laundry Type:Washer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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High School:CAPE HENLOPEN
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School District Name:Cape Henlopen
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School District Source:3rd Party
The Community
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Subdivision Name:Spring Lake
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Senior Community:No
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Pool:Yes - Community
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Community Pool Features:In Ground
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Spa:No
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Association Recreation Fee:No
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HOA:Yes
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor
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HOA Fee Frequency:Unknown
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Condo/Coop Fee:$1,535
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Condo/Coop Fee Frequency:Quarterly
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HOA/Condo/Coop Fee:Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Road Maintenance, Reserve Funds
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Transportation:Bus Stop less than 1 mile
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:Yes
Monthly cost estimate

Asking price
$599,000
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. |
$3,207
|
Taxes | N/A |
Insurance | $164 |
HOA fees | $512 |
Utilities | $119 See report |
Total | $4,002/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 |
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6/4/25
Jun 4, 2025
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Listed / Active | BRIGHT | $599,000 |