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$675,000

  • Sold
  • Closed
  • Townhouse
  • 1 Partial Bath
  • 1,980 Sq. Ft.
  • 1 Car Garage
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Just minutes to the Beach. $50K Rental Income. Fully Furnished. If you've been dreaming of owning at the beach, this is the one that checks every box. Located east of Route 1 and just minutes from the sand, this stunning 3-bedroom, 3.5-bath town townhome delivers the ultimate coastal lifestyle. Imagine waking up, grabbing coffee, and walking to the beach before biking to nearby restaurants, shops, and local hotspots. Inside, the home is completely turnkey and beautifully furnished, featuring a stylish kitchen with stainless steel appliances, open living spaces perfect for entertaining, and porches on all three levels to enjoy ocean breezes and sunset cocktails. Practical perks include a one-car garage and easy access to Route 1, making it effortless to get in and out of town. And here's the kicker: this property produced $50,000 in seasonal rental income in 2025. So whether you're looking for a beach getaway, a smart investment, or both, this home offers a rare opportunity to own a high-performing, income-generating property just steps from the beach. Beach days. Bike rides. Rental income. Repeat.

Full Property Details for 20217 Tabasco Ln #1

General

  • Sold For: $675,000
  • HOA FEE: $428/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,098 (2025)
  • Status: Closed
  • Type: Townhouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2106612
  • Added to Site: 126 day(s) ago

Interior

  • Number of Rooms: 7
  • Rooms/Areas: Dining Room, Kitchen, Great Room, Laundry, Half Bath, Screened Porch
  • Flooring: Wood, Partially Carpeted

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1

Additional Information

  • Shared Amenities: None

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 4
  • Parking Type: Attached Garage, Driveway, Parking Lot
  • Garage Description: Built In, Garage - Front Entry, Inside Access

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: CANAL VILLAS
  • Cross Streets: Oyster House Road
  • Driving Directions: 1 South, Left of Church, right on Oyster House Road, first end unit on left

School Information

  • School District: Cape Henlopen

Community

  • Assoc. Fees Include: Trash, Snow Removal, Reserve Funds, Lawn Maintenance, Insurance, Common Area Maintenance, Ext Bldg Maint
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating Fuel: Electric
  • Water Heater: 60+ Gallon Tank, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Coastal, Contemporary
  • Structure Type: End of Row/Townhouse
  • Construction: Blown-In Insulation, Stick Built, Vinyl Siding
  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Stories Description: Lower 1, Main, Upper 1
  • Square Feet: 1,980
  • Sq. Ft. Source: Estimated
  • Living Area: 1,980 Sq. Ft.
  • Finished Above Grnd: 1,980 Sq. Ft.
  • Year Built: 2018
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Zoning: C-1
  • Lot Description: Cleared

Financial Considerations

  • Price Per Sq. Ft.: $340.91
  • Condo Fee: $1,285
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2025
  • School Tax: $987
  • County Tax: $111
  • County Tax Freq: Annually
  • Tax Amount: $1,098
  • Tax Year: 2025
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 728

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Inclusions: Range, Microwave, Dishwasher, Refrigerator, blinds, curtains, furniture

Listed and Sold by Iron Valley Real Estate at The Beach, Laurie N. Ferris

Listing agent

— 20217 Tabasco Ln #1 —

  • Laurie N. Ferris

    Iron Valley Real Estate at The Beach

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 20217 Tabasco Ln #1

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.4 mi
Beacon Middle School
19483 John J Williams Highway, Lewes, DE 19958
4-82.9 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.4 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 20217 Tabasco Ln #1

Date
Details
Price
Change
Source
4/17/2026
Sold
$675,000
0.9%
MLS
3/09/2026
Listed
$669,000
—
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 and Sold by Iron Valley Real Estate at The Beach, Laurie N. Ferris

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20217 Tabasco Lane #1, Rehoboth Beach, DE 19971 (MLS# DESU2106612) is a Townhouse property that was sold at $675,000 on April 17, 2026. Want to learn more about 20217 Tabasco Lane #1? Do you have questions about finding other Townhouse 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.