$10,999,900

1 & 3 Cullen St

DEWEY BEACH DE, 19971

Description

Discover Sandaway - an oceanfront coastal retreat with two homes on a large oceanfront .79 acre lot built in 1939 by Alexis Felix DuPont. The front main house boasts 7,035 heated square feet situated on a 26,692 square foot lot. The home features stunning details including six fireplaces, curved staircase, wrap around decks, sunroom, gourmet kitchen with Wolf Appliances and granite counters, great room, living room, formal dining room, den, sauna, basement, outdoor shower, seven bedrooms, and seven baths. Almost every room has unobstructed ocean views. The guest house is 2,922 square feet heated on a 7,906 square foot lot. Home features kitchen open to dining room and great room, large screened porch, five bedrooms, four bathrooms, patio, outdoor shower, and more! Large parking area for 10 to 15 cars and room for a pool! Both homes convey furnished. Buyer must honor 2020 rentals. 2018 rental income was $277,291 and 2017 Rental income was $243,567. Rare opportunity for .79 acres on the ocean! Rehoboth by the Sea fee simple lot with no ground rent. Private walkway to the beach shared with one other home. Enjoy the guarded beach, sunrises over the ocean, and walk to Dewey and Rehoboth restaurants and attractions. Come be a part of this oceanfront luxury estate!

Details

MLS#DESU134836
StyleHouse
Sub-TypeResale
StatusActive
Year1939
Days On Site262

Features

Bed(s)12
Bath(s) 11 Full
SQ Feet9,957
Acreage0.79
Water FrontYes

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Area Information

StateDE
CityDEWEY BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
Community NameREHOBOTH BY THE SEA
School DistrictCAPE HENLOPEN
Listing VS Median (in REHOBOTH BY THE SEA)
Price:
$10,999,900
low | high
Med:
$1,150,000
100% of Average
SqFt:
9,957
low | high
Med:
4,000
100% of Average
$ / SqFt:
$1,105
low | high
Med:
$288
100% of Average
On Site:
262
low | high
Med:
36
100% of Average
Listing Updated: 12/15/2019
MLS Number: DESU134836
Listing Provided By:
Kimberly Lear Hamer  of  Ocean Atlantic Sothebys International Realty