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$1,800,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,929 Sq. Ft.
  • 2 Car Garage
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MAIN HOUSE + 3 COTTAGES + DETACHED GARAGE! Located just steps from the sand in the heart of Lewes Beach, 206 E. Market Street offers a rare opportunity to own a classic coastal property with exceptional flexibility and income potential. Dating back to circa 1900, this charming home blends timeless character with modern functionality across an expansive and versatile property layout. The main residence features 4 bedrooms, 3 full bathrooms, and approximately 1,929 square feet of living space. The main level includes a welcoming living room, den, small study or game room, convenient main-level washer and dryer, and full bathroom. The den could easily function as an additional bedroom. Upstairs, the second level hosts all four bedrooms and two additional full baths. A fully conditioned third-level attic provides bonus space with endless possibilities-ideal for storage or future opportunities. One of the property's most unique and exciting features is the three detached rear cottages, each equipped with a kitchenette and full bathroom. Two cottages are studio-style, while the third offers a one-bedroom layout-perfect for guests or rental use. The property currently holds four active short-term rental licenses: one for the main house and one for EACH cottage, making it a standout investment opportunity in one of Delaware's most desirable beach towns. Additional highlights include a large, detached garage, quick access to the beach, shopping, and dining, and the unmistakable charm of Lewes living. Whether you're seeking a primary residence, vacation retreat, or income-producing property, this historic gem delivers unmatched location, flexibility, and potential. Note: the cottages have only ever been used as summer cottages and would need renovation for year-round use. They have no heat source and use window A/C for cooling. New roof was put on main house in 2023, garage in 2024 and cottages in 2025 with transferable warranties. New water heater in main house was installed in 2023. Property is located in the Historic District. Property is being sold As-Is, Where-Is.

Full Property Details for 206 E Market St

General

  • Sold For: $1,800,000
  • Taxes: $3,433
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2102570
  • Added to Site: 48 day(s) ago

Interior

  • Rooms/Areas: Living Room, Dining Room, Bedroom 2, Bedroom 4, Kitchen, Den, Bedroom 1, Office, Bathroom 2, Bathroom 3
  • Interior Features: Attic, Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Recessed Lighting, Wood Floors
  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Floor Baths: 2
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 4

Other Rooms

  • Laundry: Main Floor

Exterior

  • Porch/Patio/Deck: Porch(es), Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: On Street, Detached Garage
  • Garage Description: Garage - Front Entry

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: LEWES BEACH
  • Driving Directions: GPS
  • Historic District: Yes
  • City Limits: Yes

School Information

  • School District: Cape Henlopen
  • High School: Cape Henlopen

Community

  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Victorian, Coastal
  • Structure Type: Detached
  • Construction: Wood Siding, Frame
  • Foundation: Crawl Space
  • Roof: Shingle
  • Stories Description: Main, Upper 1
  • Square Feet: 1,929
  • Sq. Ft. Source: Estimated
  • Living Area: 1,929 Sq. Ft.
  • Finished Above Grnd: 1,929 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Excellent

Additional Structures

  • Other Structures: Garage(s), Other, Guest House

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,500
  • Lot Size Source: Estimated
  • Lot Dimensions: 55.00 x 100.00
  • Zoning: TN

Financial Considerations

  • Price Per Sq. Ft.: $870.92
  • Land Lease Fee Freq: Annually
  • School Tax: $2,361
  • City/TownTax: $806
  • City/TownTax Freq: Annually
  • County Tax: $266
  • County Tax Freq: Annually
  • Tax Amount: $3,433
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Land Lease
  • Exclusions: See Exclusion Addendum
  • Inclusions: Most furnishings except for listed exclusions.

Listed by Jack Lingo - Lewes, ELIZABETH M COOCH
Sold by Northrop Realty, Charlotte Hanna Cook-Heidingsfelder

Listing agent

— 206 E Market St —

  • ELIZABETH M COOCH

    Jack Lingo - Lewes

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 206 E Market St

School District:Cape Henlopen School District
NameGradesDistance
Shields (Richard A.) Elementary School
820 Savannah Road, Lewes, DE 19958
PK-51.1 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 206 E Market St

Date
Details
Price
Change
Source
2/26/2026
Sold
$1,800,000
7.14%
MLS
2/04/2026
Listed
$1,680,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Jack Lingo - Lewes, ELIZABETH M COOCH
Sold by Northrop Realty, Charlotte Hanna Cook-Heidingsfelder

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206 E Market Street, Lewes, DE 19958 (MLS# DESU2102570) is a Single Family property that was sold at $1,800,000 on February 26, 2026. Want to learn more about 206 E Market Street? Do you have questions about finding other Single Family real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.