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$2,125,000
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Property Description
COASTAL LUXURY IN CAPE SHORES! Experience coastal living at its finest with this stunning Cape Shores retreat, offering panoramic views of the Bay and Cape Henlopen State Park. Situated on a premium lot adjacent to protected parklands, this home captures an abundance of natural light through an open, inviting floor plan. Just steps from the beach, the top-level living space is an entertainer's dream, featuring a gourmet kitchen, a private home office, and a spacious living room centered around a gas fireplace with custom built-ins. Step outside to enjoy the morning sun on the back deck or take in the breeze from two front-facing balconies. For ultimate convenience, take the private elevator to the second level, where you'll find a luxurious primary suite complete with a covered porch, a custom walk-in closet, and a spa-like en-suite bath featuring a restorative oxygen soaking tub. Three additional guest rooms and two full baths ensure plenty of space for family and friends. The first level adds even more versatility with a bonus den, two generously sized garage bays, and ample storage for all your beach essentials. Whether you are hosting sunset happy hours on the top deck or enjoying the community's premier amenities, including an outdoor pool, tennis courts, and a private fishing pier, this home offers the perfect balance of relaxation and recreation. With incredible rental potential and a location that can't be beat, this is your chance to own the ultimate coastal getaway. Schedule your personal tour today!
Full Property Details
Full Property Details for 516 E Cape Shores Dr
General
- Sold For: $2,125,000
- HOA FEE: $417/month
- HOA FEE FREQ.: Annually
- Taxes: $4,673 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2101498
- Added to Site: 137 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Foyer, Laundry, Office, Storage Room, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
- Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Elevator
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas/Propane, Mantel(s)
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Extra Refrigerator/Freezer, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater - Tankless
- Flooring: Carpet, Hardwood, Tile/Brick
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper 2 - 1/2 Baths: 1
- Upper Floor Baths: 4
- Upper - Full Baths: 3
- Upper - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Other Rooms
- Laundry: Upper Floor
Additional Information
- Shared Amenities: Club House, Pier/Dock, Pool - Outdoor, Tennis Courts, Beach
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Security System
Exterior
- Exterior Features: Outside Shower
- Porch/Patio/Deck: Deck(s), Patio(s), Balconies- Multiple, Porch(es)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Concrete Driveway
- Parking Type: Attached Garage, Driveway
- Garage Description: Garage - Front Entry, Inside Access
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: CAPE SHORES
- Driving Directions: From the ferry terminal, take the 3rd Entrance closest to the park entrance into Cape Shores. Property will be on the right.
- Location Details: Bayblock
- City Limits: Yes
School Information
- School District: Cape Henlopen
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance, Pool(s), Road Maintenance
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split, Zoned
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Gas BackUp, Wall Unit, Zoned
- Heating Fuel: Electric, Propane - Leased
- Water Heater: Tankless, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 1 Blocks
Structural Information
- Architectural Style: Coastal, Contemporary
- Structure Type: Detached
- Construction: Frame, Wood Siding, Stick Built
- Foundation: Pilings, Slab
- Roof: Architectural Shingle
- Walls/Ceilings: 9'+ Ceilings
- Stories Description: Upper 1, Upper 2
- Square Feet: 3,491
- Sq. Ft. Source: Estimated
- Living Area: 2,939 Sq. Ft.
- Finished Above Grnd: 2,939 Sq. Ft.
- Unfin. Above Grnd: 552 Sq. Ft.
- Year Built: 1994
- Year Built Source: Assessor
Lot Features
- Property View: Bay, Panoramic, Scenic Vista, Trees/Woods
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,080
- Lot Size Source: Estimated
- Lot Dimensions: 64.00 x 95.00 x 64.00 x 95.00
- Zoning: TN
- Lot Description: Backs - Parkland
Water Features
- Water View: Yes
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $731.54
- Land Lease Fee Freq: Annually
- Association Fee: $5,000
- Assoc Fee Freq.: Annually
- Other Fee: $250
- Other Fee Freq.: One Time
- Assessment Year: 2025
- School Tax: $3,201
- City/TownTax: $1,111
- City/TownTax Freq: Annually
- County Tax: $361
- County Tax Freq: Annually
- Tax Amount: $4,673
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1364
Disclosures and Reports
- Ownership: Land Lease
- Inclusions: Under the counter mini refrigerator in the office.
- Lot Number: 82
Listed and Sold by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson
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Schools
Schools serving 516 E Cape Shores Dr
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Shields (Richard A.) Elementary School 820 Savannah Road, Lewes, DE 19958 | PK-5 | 2.5 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 3.1 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 516 E Cape Shores Dr
Date
Details
Price
Change
Source
4/17/2026
Sold
$2,125,000
-1.16%
MLS
1/16/2026
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516 E Cape Shores Drive, Lewes, DE 19958 (MLS# DESU2101498) is a Single Family property that was sold at $2,125,000 on April 17, 2026. Want to learn more about 516 E Cape Shores Drive? 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.

