tomo logo

$3,200,000

Beds
4
Baths
4.5
sq ft
4,704

22024 Coastal Hwy, Rehoboth Beach, DE 19971

22024 Coastal Hwy

REHOBOTH BEACH, DE 19971

  • 189 days on market
    • Price drop $300,000↓
Unparalleled sunset views can be enjoyed from almost every angle of this stunning, custom-built bayfront home situated in the private beach community of Indian Beach. Cedar shake siding, meticulously manicured landscaping complete with custom lighting, and a spacious paver driveway are just a few of the attractive elements that contribute to the home’s excellent curb appeal. Tasteful and timeless selections include beautiful hardwood floors throughout, a neutral color palette, sleek marble and granite counters, classic tiles in the baths, and plantation shutters throughout. The spacious floor plan spans over 4,700 sq/ft and includes an elevator for convenience, multiple living spaces, a wet bar, formal dining room, wood burning fireplace with custom built-in surround, two luxurious primary suites each with spa-like baths, and a gourmet kitchen complete with expansive counter space, island and breakfast bar, dual sinks and commercial grade appliances including a 6-burner gas Viking cooktop, oven, and Sub-Zero refrigerator. Enjoy picturesque views of the Rehoboth Bay from over 1,500 sq/ft of outdoor living spaces including patios, covered porches, and sun-decks spanning the entire rear of the home and strategically placed for optimum bay and even ocean views. With convenience to the Rehoboth Sailing Association, Delaware State Parks, Dewey Beach & Rehoboth Beach amenities, and the private ocean beach access just steps away, this home leaves little to the imagination!

Details

Property type

Single Family Residence

Est. home value

$285,032

Lot size

7.82 acres

Price per sq ft

$681

Year built

2007

Annual property taxes

$3,991

Monthly HOA fee

$218.4

Price History

08/19/2024
Bright

Bright #DESU2058476

Price change
$3,200,000
-8.57%
03/26/2024
Bright

Bright #DESU2058476

Listed
$3,500,000

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

Rbs Citizens Na

Loan start date

January 2012

Original loan amount

$440,000

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Credit Line (Revolving), 25 year

Seller

Christopher D Hertrich

Lender

Toyota Financial Consumer Solutions

Loan start date

October 2011

Original loan amount

$1,248,000

Est. remaining balance

$561,638

Interest rate

4.09%

Loan type

Not Provided, 20 year

Seller

Christopher D Hertrich

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: 10/01/2024 at 9:35 AM

Listing updated: 09/25/2024 at 1:50 PM

Listed by: BRYCE LINGO, Jack Lingo - Rehoboth Phone #: (302) 227-3883

MLS: Bright #DESU2058476

Bright logo

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