15 Lake Ave, Rehoboth Beach, DE 19971

Rare opportunity for large Atlantic Ocean Views along with Lake Gerar Park views from this ocean block classic North Rehoboth Beach home just a few hundred feet from the beach and boardwalk. All the heavy lifting is done, including new windows, new roof and new HVAC. With a little remodeling or updating this home would be a fabulous beach get-away. First floor features a bedroom with a half- bath/laundry room that could possibly be expanded into the adjoining storage closet. Second floor has two more bedrooms, a full bathroom with skylight, a living room with wood-burning fireplace, custom built-in shelving & two sets of sliding glass doors leading to a covered, full length of house, screened porch with ocean views. The centrally located kitchen opens to a dining area that easily seats 8 with bench storage & peninsula seating. Through Andersen wood french doors, the kitchen leads to a large tiled sun room with floor to ceiling casement windows allowing in tons of natural light. Exit through Andersen sliding glass door to a rear deck perfect for housing a grill and lawn chairs for sunbathing. This second level deck boasts an operational outside elevator lift to the ground level for easy access of heavy objects and /or wheel chair accessibility. The private third floor is an oversized primary bedroom with full bath and large walk-in closet along with its own personal deck overlooking waves crashing on the beach! Here you have a beautiful view of paradise including the recently renovated Lake Gerar Playground and a wide view of the Atlantic Ocean. Outdoor features include two outdoor showers, two storage sheds and a storage closet for all the beach essentials, a rear porch (easily screened) on first floor, a rear upper deck, a second floor large covered screened porch and a third floor deck for some of the best orchestra seats in town. Improvements to this well-cared-for home include new Andersen casement windows, new cedar siding, hot water heater & new fireplace cap. With traditional knotty pine walls, open staircases and coastal furnishings - this property exudes cherished memories. There may be room for a pool since ground coverage has not been maximized. Another option would be to build your dream beach home and enjoy the rare ocean views from multiple rooms of your brand new home. This property is conveniently located close to the mile long Rehoboth Beach boardwalk & activities, shopping, playground, lake fishing, bike paths, fine dining and much much more! Rental income for 2024 was over $120,000.00.