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$379,000
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Property Description
Discover an exceptional investment opportunity in the highly sought-after Summerlyn community! This charming 3-bedroom, 2-bathroom unit offers a perfect blend of comfort and potential returns, making it an ideal choice for savvy investors looking to expand their portfolio or equally a fabulous home if you're looking for an affordable home close to the beach!. Built in 2003, this well-maintained garden-style apartment spans 1,513 square feet, providing ample space for residents to enjoy. The property features a modern architectural style with durable construction materials, ensuring longevity and minimal maintenance costs. The unit is thoughtfully designed with a corner gas fireplace, creating a cozy ambiance for gatherings or quiet evenings at home. The kitchen is a chef's dream, equipped with high-quality appliances including a built-in microwave, electric range, dishwasher, and refrigerator. The self-cleaning oven and convenient disposal make meal prep and cleanup a breeze. With a dedicated laundry area featuring both a washer and dryer, this unit offers the convenience that renters desire, enhancing its appeal in the rental market. Step outside to your patio and enjoy the serene pond view, a tranquil backdrop that enhances the living experience. The community boasts well-maintained sidewalks and streetlights, ensuring safety and accessibility for all residents. The outdoor amenities include a refreshing community pool, perfect for relaxation and socializing during warm months, adding significant value to the property. Located in a vibrant neighborhood, this unit benefits from proximity to essential services, many dining choices and recreational opportunities, making it attractive to potential tenants. The association fee covers trash and water, simplifying management for investors. With a strong rental demand in the area, this property presents an excellent opportunity for cash flow and long-term appreciation. Investors will appreciate the potential for high returns, given the unit's desirable features and location. The combination of modern amenities, community facilities, and a picturesque setting make this property a standout choice for those looking to capitalize on the thriving rental market or affordable beach living. Don't miss out on this chance to secure a valuable asset in Summerlyn. Schedule a viewing today and envision the possibilities that await!
Full Property Details
Full Property Details for 34297 Summerlyn Dr #505
General
- Price: $379,000
- HOA FEE: $599/month
- Taxes: $674 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2108850
- Updated: 11/2/2026
- Days on Market: 137 days
- Added to Site: 211 day(s) ago
Interior
- Number of Rooms: 8
- Rooms/Areas: Living Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2, Bathroom 3
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Corner, Gas/Propane
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
- Furnished: Yes
- Flooring: Carpet, Luxury Vinyl Plank, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Main Floor, Washer In Unit, Dryer In Unit
Additional Information
- Shared Amenities: Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: Parking Lot
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: SUMMERLYN
- Cross Streets: Route 1
- Driving Directions: From five points follow Rt. 1 south pass Wawa and Matt's Fish Camp, then turn right into Summerlyn. Follow to the end. Turn right and proceed to the last building on the left #34297. Unit is next to last on first floor #505.
- Direction Faces: East
- Location Details: Pond
School Information
- School District: Cape Henlopen
- High School: Cape Henlopen
Community
- Assoc. Fees Include: Trash, Water
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric, Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Public Septic
- Water: Public
- Utility Description: Propane, Cable TV Available
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Frame, Stick Built, Dryvit
- Roof: Metal
- Windows: Sliding
- Entry Floor Number: 1
- Stories Description: Main
- Square Feet: 1,513
- Sq. Ft. Source: Assessor
- Living Area: 1,513 Sq. Ft.
- Finished Above Grnd: 1,513 Sq. Ft.
- Year Built: 2003
- Year Built Source: Assessor
Lot Features
- Property View: Pond
- Zoning: C-1
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $250.5
- Condo Fee: $599
- Condo Fee Freq: Monthly
- Other Fee: $225
- Other Fee Freq.: One Time
- Assessment Year: 2025
- School Tax: $605
- County Tax: $68
- County Tax Freq: Annually
- Tax Amount: $674
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1513
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Inclusions: Sold furnished. As seen.
- Lot Number: 82
Listed by Bluefin Premier Properties, Inc., Terry Scott
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Schools
Schools serving 34297 Summerlyn Dr #505
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 4.2 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 1 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 34297 Summerlyn Dr #505
Date
Details
Price
Change
Source
9/21/2026
Price Reduced
$379,000
-2.57%
MLS
4/13/2026
Listed
$389,000
67.24%
MLS
7/24/2020
Sold
$232,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 34297 Summerlyn Dr #505
Year
Property Taxes
Change
Tax Assessment
Change
2026
$671
—
$19,400
—
2025
$674
-31%
$19,400
—
2023
$978
4%
$19,400
—
2022
$943
3%
$19,400
—
2021
$915
-2%
$19,400
—
2020
$932
—
$19,400
-2%
2019
$933
7%
$19,850
—
2018
$872
4%
$19,850
—
2017
$835
5%
$19,850
—
2016
$793
5%
$19,850
—
2015
$758
1%
$19,850
—
2014
$752
3%
$19,850
—
2013
$731
—
$19,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 34297 Summerlyn Dr #505
34297 Summerlyn Drive #505, Lewes, DE 19958 (MLS# DESU2108850) is a Condo property with 3 bedrooms and 2 full bathrooms. 34297 Summerlyn Drive #505 is currently listed for $379,000 and was received on April 13, 2026. Want to learn more about 34297 Summerlyn Drive #505? Do you have questions about finding other Condo real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.
