$825,000
$875,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
16 CANAL STREET Rehoboth Beach, DE 19971
3 Beds
3 Baths
1,525 SqFt
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)
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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Bought with Barbara (Babs) Morales • Berkshire Hathaway HomeServices PenFed Realty
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