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$2,624,900

Beds
5
Baths
4.5
sq ft
2,800

507 Jones Ln, Rehoboth Beach, DE 19971

507 Jones Ln

REHOBOTH BEACH, DE 19971

  • 12 days on market
Welcome to 507 Jones Ln, Rehoboth Beach, DE, where elegance meets comfort in this exquisite single-family residence. Spanning 2,800 square feet, this fully furnished home offers an unparalleled living experience with its thoughtfully designed spaces and high-end finishes. Step inside to discover an inviting open floor plan, perfect for both entertaining and relaxation. The spacious living areas are adorned with stylish furnishings, creating a warm and welcoming atmosphere. The gourmet kitchen, equipped with top-of-the-line appliances and ample counter space, is a culinary enthusiast's dream. With five generously sized bedrooms, including a luxurious primary suite, this home provides ample space for rest and rejuvenation. The primary suite features a private en-suite bathroom, ensuring a serene retreat with a large walk-in shower. An additional 3.5 bathrooms are conveniently located throughout the home, offering both comfort and privacy. Outside, enjoy serene surroundings and beautifully landscaped grounds, perfect for outdoor gatherings or simply unwinding in the fresh air. The home's security is enhanced with a state-of-the-art video security system, providing peace of mind and ensuring your privacy. Situated in the vibrant Rehoboth Beach area, this home offers easy access to local amenities, dining, and shopping, allowing you to enjoy the best of coastal living. Whether you're seeking a permanent residence or a vacation retreat, 507 Jones Ln is a remarkable opportunity to experience the charm and sophistication of Rehoboth Beach living. As an added bonus, this home brought in over $125,000 in rental income in 2024. For the 2025 rental year, there is already $100,000 in bookings. Don't miss your chance to make this stunning property your own!

Details

Property type

Single Family Residence

Est. home value

$2,530,560

Lot size

4,792 sq ft

Price per sq ft

$938

Year built

2014

Annual property taxes

$2,379

Monthly HOA fee

$100

Price History

02/20/2025
Bright

Bright #DESU2078894

Listed
$2,624,900
+17.97%
02/28/2022
Bright

Bright #DESU2013442

Sold
$2,225,000
+123.63%
12/12/2014
Bright

Bright #1001721564

Sold
$994,956
+9.46%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Jpmorgan Chase Bank Na

Loan start date

February 2022

Original loan amount

$1,891,250

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Purchase Money Mortgage, 30 year

Seller

Brian J Gorman and Colleen J Gorman

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: 03/03/2025 at 11:40 PM

Listing updated: 02/22/2025 at 9:29 AM

Listed by: MICHAEL KENNEDY, Compass Phone #: (302) 273-4998

MLS: Bright #DESU2078894

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