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$6,250,000

Beds
11
Baths
8.0
sq ft
7,100

15 Hazlett St, Rehoboth Beach, DE 19971

15 Hazlett St

REHOBOTH BEACH, DE 19971

  • 243 days on market
    • Price drop $500,000↓
Luxurious Coastal Retreat in Prestigious Indian Beach Nestled along the picturesque Delaware beaches, this custom-built masterpiece offers the epitome of stylish coastal living. With over 7,100 interior square feet of meticulously designed living space, and an additional 3,000 square feet of external covered porches and decks boasting breathtaking bay to ocean views, every detail of this home exudes elegance and sophistication. Originally built in 2014, the home has been exquisitely maintained and updated with coastal elegance in mind. Featuring 11 bedrooms, including 3 lavish primary suites with spa-inspired baths, an elevator and a total of 7 full baths and 2 half baths, there is ample space for hosting multi-generational family and friends in style. Multiple kitchens and entertaining spaces abound. A three level elevator provides easy access to all portions of home. The expansive outdoor area beckons for relaxation and entertainment, showcasing a sparkling pool with inviting hot tub and lounge space. Access to private Indian Beach is just steps away, with dedicated security and lifeguards ensuring peace of mind during your summer days. Situated mere steps from the pristine shores of Delaware National Seashore park and within close proximity to the state's finest entertainment venues, this residence offers the best of both worlds, tranquility and convenience. Additionally, the vibrant dining scene of downtown Rehoboth Beach is just 2 miles away, providing endless culinary delights for the discerning palate. Access to the Breakwater Trail through Gordon’s Pond in Rehoboth also allows a direct and scenic connection to Lewes for further dining and shopping options. This property is an exceptional rental investment as well, with estimates easily exceeding $300K of rental income per year. For the discerning buyer flying into the Delaware beaches, a private airport is conveniently located 30 minutes away. For boating enthusiasts, the sellers have transferable rights to a boat slip located one half mile from the property. A masterfully built coastal residence, an oasis just steps to the beach with stunning views, now available for private showings.

Details

Property type

Single Family Residence

Lot size

9,583 sq ft

Price per sq ft

$881

Year built

2014

Annual property taxes

$4,846

HOA fee

$1,200

Price History

12/10/2024
Bright

Bright #DESU2060862

Price change
$6,250,000
-7.41%
04/24/2024
Bright

Bright #DESU2060862

Listed
$6,750,000
-2.88%
03/23/2024
BrightMLS

BrightMLS #DESU2046046

Removed
$6,950,000

Schools & Community

Elementary school: 

REHOBOTH

Middle school: 

BEACON

High school: 

CAPE HENLOPEN

School district: 

CAPE HENLOPEN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fulton Bank

Loan start date

August 2021

Original loan amount

$3,150,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Purchase Money Mortgage

Seller

Coastal Soul Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 11:40 AM

Listing updated: 12/10/2024 at 12:04 AM

Listed by: Michael Reamy Jr, Monument Sotheby's International Realty Phone #: (302) 227-6767

MLS: Bright #DESU2060862

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