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$1,185,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,400 Sq. Ft.
  • Updated 1 day ago
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It's all about location! Welcome to 38183 Terrace Rd, Silver Lake Manor, Rehoboth Beach. Ideally located, this 3bd/2ba single family home offers an easy bike ride to Rehoboth or an easy walk into Dewey. The home features an open floorplan that's great for entertaining. The home has five French double glass entrance doors with transom windows that's provide brilliant sunshine that brightens the home's interior. Casement windows, recessed lighting, ceiling fans (8) in every room and both porches, gas fireplace, custom colors, together create a warm beachy feeling. Hardwood floors are throughout the 1st floor. The kitchen boasts stainless appliances, glass faced cabinets, ceiling fan and recessed lights. The bonus room behind the kitchen can be used as a dining room, office, great room and offers access through the double glass doors to the rear screened porch. The entire 2nd floor is carpet. Both of the full baths have tile floors and tile baths. The exterior of the home excites you with a very private back yard, mature trees, professional landscaping and off street parking. The two huge porches (18 x 13) both have 13.5' high vaulted ceilings and could easily be converted into additional living space creating additional sq' to the home. This is an excellent opportunity whether it's your primary beach home, investment rental or your 2nd beach home, this location offers easy access to all of the resorts activities.

Full Property Details for 38183 Terrace Rd

General

  • Sold For: $1,185,000
  • Taxes: $2,334 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2099778
  • Added to Site: 74 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Kitchen, Family Room, Screened Porch
  • Interior Features: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Dining Area, Floor Plan - Open, Kitchen - Galley
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas/Propane
  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/Range - Gas
  • Furnished: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Other Rooms

  • Laundry: Upper Floor

Exterior

  • Exterior Features: Extensive Hardscape, Gutter System, Outbuilding(s)
  • Porch/Patio/Deck: Porch(es), Screened

Parking

  • Total Spaces: 2
  • Parking Features: Crushed Stone, Stone Driveway
  • Parking Type: Driveway

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: SILVER LAKE MANOR
  • Driving Directions: gps 38183 Terrace Rd Rehoboth Beach DE

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: Ceiling Fan(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Dist. to Water: 8 Blocks

Structural Information

  • Architectural Style: Coastal
  • Structure Type: Detached
  • Construction: Stick Built, Wood Siding
  • Foundation: Crawl Space, Block
  • Roof: Shingle
  • Walls/Ceilings: Dry Wall
  • Windows: Casement, Insulated, Energy Efficient, Sliding, Screens
  • Doors: Insulated, Double Entry, French
  • Stories Description: Upper 1
  • Square Feet: 1,400
  • Sq. Ft. Source: Estimated
  • Living Area: 1,400 Sq. Ft.
  • Finished Above Grnd: 1,400 Sq. Ft.
  • Year Built: 2002
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size Source: Assessor
  • Lot Dimensions: 50.00 x 116.00
  • Zoning: MR
  • Lot Description: Private, Rear Yard, SideYard(s)
  • Fencing (Description): Wood, Decorative

Water Features

  • Navigable Water: Yes
  • Water Access: Yes
  • Water Access Desc: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Front Type: Ocean
  • Water Front Name: Atlantic Ocean

Financial Considerations

  • Price Per Sq. Ft.: $892.86
  • Assessment Year: 2025
  • School Tax: $2,097
  • County Tax: $236
  • County Tax Freq: Annually
  • Tax Amount: $2,334
  • Tax Year: 2025
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: personal items
  • Inclusions: as viewed
  • Lot Number: 86

Listed by Berkshire Hathaway HomeServices PenFed Realty, JOSEPH CHOMA
Sold by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson

Listing agent

— 38183 Terrace Rd —

  • JOSEPH CHOMA

    Berkshire Hathaway HomeServices PenFed Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38183 Terrace Rd

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.3 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-813 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-125 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 38183 Terrace Rd

Date
Details
Price
Change
Source
12/22/2025
Sold
$1,185,000
-5.2%
MLS
11/04/2025
Listed
$1,250,000
—
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 Berkshire Hathaway HomeServices PenFed Realty, JOSEPH CHOMA
Sold by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson

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38183 Terrace Road, Rehoboth Beach, DE 19971 (MLS# DESU2099778) is a Single Family property that was sold at $1,185,000 on December 22, 2025. Want to learn more about 38183 Terrace Road? 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.