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$2,287,500

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,500 Sq. Ft.
  • Updated 1 day ago
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Opportunities like this rarely come along! This updated 4-bedroom, 2-bath beach cottage sits on an oversized 50' x 131.98' lot on the second ocean block in South Rehoboth Beach. Just steps to the sand and surf. It's nearly impossible to find a property this close to the ocean with this much space to enjoy now and incredible potential for the future. The home offers a charming three-season front porch, a rear deck perfect for dining after the beach, and a large backyard overlooking a small pond. Enjoy it as-is, or design your dream home, beach retreat, or rental investment. Two well-known local builders have confirmed that a pool or hot tub can fit in the backyard if the new home is designed thoughtfully. Currently, the property generates between $66,000-$70,000 annually through a mix of short-term weekly rentals and a long-term off-season tenant. There's ample parking with both off-street and street spaces available. Located on a quiet, tree-lined street, this home offers a peaceful setting while being just moments from the best of downtown Rehoboth Beach - from boutique shopping and gourmet dining to the Bandstand concerts, art shows, and beloved annual events like Sea Witch Festival, JazzFest, Gumbo Crawl, and the Rehoboth Christmas Parade. Whether you're looking for a turn-key beach cottage, an investment property with strong rental history, or a blank canvas for your future coastal masterpiece - 116 Laurel Street is a rare gem with endless potential.

Full Property Details for 116 Laurel St

General

  • Sold For: $2,287,500
  • Taxes: $5,182 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2100576
  • Added to Site: 53 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Bathroom 1, Full Bath
  • Interior Features: Entry Level Bedroom, Dining Area, Upgraded Countertops
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood
  • Appliances: Built-In Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Icemaker, Washer, Dryer, Water Heater
  • Furnished: Yes
  • Flooring: Luxury Vinyl Plank, Tile/Brick

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main & Up: 4

Other Rooms

  • Laundry: Main Floor

Exterior

  • Exterior Features: Outside Shower
  • Porch/Patio/Deck: Deck(s)

Parking

  • Parking Type: Driveway, Off Street

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: SOUTH REHOBOTH
  • Driving Directions: From Route 1 turn onto Robinsons Dr then left onto Silver Lake Dr and then right onto Laurel St.
  • City Limits: Yes

School Information

  • School District: Cape Henlopen

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: Coastal
  • Structure Type: Detached
  • Construction: Stick Built, Frame
  • Foundation: Block
  • Roof: Architectural Shingle
  • Windows: Insulated
  • Doors: Insulated
  • Stories Description: Main
  • Square Feet: 1,500
  • Sq. Ft. Source: Estimated
  • Living Area: 1,500 Sq. Ft.
  • Finished Above Grnd: 1,500 Sq. Ft.
  • Year Built: 1974
  • Year Built Source: Assessor

Lot Features

  • Property View: Trees/Woods, Pond
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,599
  • Lot Size Source: Estimated
  • Lot Dimensions: 50.00 x 132.00
  • Zoning: TN
  • Fencing (Description): Fully

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,600
  • Assessment Year: 2025
  • School Tax: $3,817
  • City/TownTax: $935
  • City/TownTax Freq: Annually
  • County Tax: $430
  • County Tax Freq: Annually
  • Tax Amount: $5,182
  • Tax Year: 2025
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 960

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 86

Listed by Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, JENNIFER BARROWS
Sold by Jack Lingo - Rehoboth, William Barry

Listing agents

— 116 Laurel St —

  • Brian K Barrows

    Monument Sotheby's International Realty

  • JENNIFER BARROWS

    Monument Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Laurel St

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.5 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-813 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Laurel St

Date
Details
Price
Change
Source
1/16/2026
Sold
$2,287,500
-4.69%
MLS
11/25/2025
Listed
$2,400,000
—
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 Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, JENNIFER BARROWS
Sold by Jack Lingo - Rehoboth, William Barry

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116 Laurel Street, Rehoboth Beach, DE 19971 (MLS# DESU2100576) is a Single Family property that was sold at $2,287,500 on January 16, 2026. Want to learn more about 116 Laurel Street? Do you have questions about finding other Single Family real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.