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$10,999,900.00

1 & 3 CULLEN

DEWEY BEACH, DE 19971

12 Bedrooms

11 Bathrooms

34589.00 Sq. Ft.

Year Built : 1939

List Date : 2019-03-28

MLS# : B DESU134836

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. 2019 rental income $237,507, 2018 rental income $277,291 and 2017 Rental income $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! UPDATE JUNE/JULY 2020 PRELIMINARY APPROVALS FOR PROPOSED THREE LOT SUBDIVISION. PROPOSED PLANS AVAILABLE FOR REVIEW (TWO ON OCEAN AND ON BEHIND THOSE TWO LOTS).



FEATURES

  • Additional Rooms: Y
  • Construction: Cedar
  • County: SUSSEX
  • Equipment and Appliances: Built-In Microwave,Built-In Range,Cooktop,Cooktop - Down Draft,Dishwasher,Disposal,Dryer,Extra Refrigerator/Freezer,Icemaker,Microwave,Oven - Wall,Range Hood,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
  • Exterior Features: Outside Shower
  • Fireplace(s): 6
  • HOA Fees: N
  • Home View: Ocean
  • Interior Features: Built-Ins,Carpet,Butlers Pantry,Ceiling Fan(s),2nd Kitchen,Crown Moldings,Curved Staircase,Dining Area,Double/Dual Staircase,Elevator,Entry Level Bedroom,Formal/Separate Dining Room,Kitchen - Eat-In,Kitchen - Gourmet,Kitchen - Island,Primary Bath(s),Primary Bedroom - Ocean Front,Pantry,Upgraded Countertops,Wet/Dry Bar,Window Treatments
  • Lot Acres: 1
  • Over 55 Community: N
  • Parking: Gravel Driveway
  • Roof Type: Architectural Shingle
  • Subdivision: REHOBOTH BY THE SEA
  • Tax Amount: $7,942.00
  • Tax Year: 2018
  • Water Type: Ocean
  • Waterfront: Y

This listing is courtesy of Ocean Atlantic Sotheby's International Realty