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$995,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.11 Acres
  • Updated 1 day ago
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Unlock the rare opportunity to design and build a custom detached beach home on this prime 50' x 100' parcel in the coveted Forgotten Mile. Perfectly positioned for those seeking the ultimate coastal lifestyle, this lot offers the serenity of a private retreat with immediate access to Delaware's most iconic beach towns. In the 2026 market, where land between these two premier resorts is nearly exhausted, this lot represents a strategic investment in both lifestyle and potential. Experience the vibrant live music and dining of Dewey Beach and the upscale charm of Rehoboth, all while maintaining your own quiet retreat.

Full Property Details for 38340 Josephine St

General

  • Price: $995,000
  • Taxes: (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2103094
  • Updated: 1/14/2026
  • Added to Site: 1 day(s) ago

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: SPRING LAKE
  • Driving Directions: NAV
  • City Limits: Yes

School Information

  • School District: Cape Henlopen

Utilities

  • Sewer: Other
  • Water: None
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size Source: Assessor
  • Lot Dimensions: 50.00 x 100.00
  • Zoning: MR

Financial Considerations

  • Price Per Sq. Ft.: $207.64
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 86

Listed by RE/MAX Point Realty, Christopher Lougheed

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Listing agent

— 38340 Josephine St —

  • Christopher Lougheed

    RE/MAX Point 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 38340 Josephine St

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.6 mi
Beacon Middle School
19483 John J Williams Highway, Lewes, DE 19958
4-83.7 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-125.3 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 38340 Josephine St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$995,000
35.37%
MLS
6/29/2023
Sold
$735,000
—
Public Record
Get Price Alerts and Save Property
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 for 38340 Josephine St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,844
226%
$26,600
—
2023
$565
-64%
$26,600
—
2022
$1,583
1%
$26,600
—
2021
$1,571
—
$26,600
—
2020
$1,566
1%
$26,600
—
2019
$1,547
32%
$26,600
—
2018
$1,168
4%
$26,600
—
2017
$1,119
2%
$26,600
—
2016
$1,098
4%
$26,600
—
2015
$1,051
1%
$26,600
—
2014
$1,043
3%
$26,600
—
2013
$1,015
—
$26,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Point Realty, Christopher Lougheed

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38340 Josephine Street, Rehoboth Beach, DE 19971 (MLS# DESU2103094) is a Lots/Land property with a lot size of 0.11 acres. 38340 Josephine Street is currently listed for $995,000 and was received on January 14, 2026. Want to learn more about 38340 Josephine Street? Do you have questions about finding other Lots/Land 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.

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