Patterson-Schwartz Real Estate20961 Rogers Avenue, Rehoboth Beach, DE 19971-1971 $897,500
Interior Sq. Ft: 1,211
Acreage: 0.11
Age:41 years
Style:
Coastal
Subdivision: Ann Acres
Design/Type:
Detached
Description
Welcome to Ann Acres, where endless possibilities await. This charming beach cottage offers the perfect opportunity to enjoy summer living, earn rental income from a proven rental history, or build a brand-new home. Located on a fee simple 50 x 100 lot just three blocks from the ocean (fee simple means no ground rent)—this home has undergone numerous updates over the past two years.  The first level features a family room that leads to an updated kitchen and dining area. There are three bedrooms, one full bathroom, and a door that opens to a deck overlooking a large fenced yard with an outdoor shower and room for a pool! The second level boasts a family room with a back covered porch and a front open deck.  Extensive updates have been made, including reinforced foundation, refinished hardwood floors, a custom staircase to the second floor, newly drywalled and painted ceilings on the first level, updated kitchen cabinetry and counters, and relocated hot water heater. Additional improvements include two mini-splits for HVAC and heating, insulated and drywalled walls on the second level, new flooring on the covered porch, new deck railings, repaired siding, updated fencing, gates, paver sidewalk, and parking area. Enhancements also include an updated outdoor shower, new light fixtures, ceiling fans in bedrooms, and more.  Despite these modern upgrades, the property maintains its classic beach cottage charm with knotty pine paneling. A Rental Proforma suggests an income range of $38,000 to $90,000 per year, with the potential for an additional $20,000 by adding a pool. If you envision starting fresh, plans are available for a brand-new three-story, 5-bedroom home on this lot, starting at $1,412,400 as a lot/home package. Immerse yourself in the Dewey Beach Way of Life—take the video tour today!
Other: Upper 1
Other: Upper 1
Kitchen: Main
Bedroom 1: Main
Bedroom 2: Main
Bedroom 3: Main
Dining Room: Main
Sun/Florida Room: Main
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
Features
Water
Water Oriented: Yes; Water Front: No; Water Access: No; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Navigable: No;
Utilities
Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer, No Laundry
Garage/Parking
Driveway
Interior
Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Wood Floors
Exterior
Crawl Space Foundation, Architectural Shingle Roof, Stick Built Exterior, Deck(s), Porch(es), Outside Shower
Lot
Partially Fenced
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-576-6862
Listing Courtesy of: Monument Sotheby's International Realty , (302) 227-6767, justin.healy@msir.net
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Listing data as of 4/07/2025.
