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$2,425,000 -$75,000 (-3%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 0.11 Acres
  • Updated 1 hour ago
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A beautiful opportunity awaits on one of the most charming blocks in-town Rehoboth Beach. This picturesque 50x100 parcel, shaded by a canopy of mature trees, offers a blank canvas to create the beach home you've always imagined. Just one block from the Atlantic Ocean, you can stroll to the sand in minutes or wander over to the vibrant shops and locally loved restaurants that give downtown Rehoboth its timeless coastal character. Whether you dream of a shingled cottage with a front porch for morning coffee or a sunny retreat for family gatherings after a day at the beach, this property sets the stage for the next chapter of your story by the sea.

Full Property Details for 40 Park Ave

General

  • Price: $2,425,000
  • Taxes: $4,677 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2098476
  • Updated: 1/16/2026
  • Added to Site: 94 day(s) ago

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Driving Directions: Second block of Park Ave in N Rehoboth.
  • City Limits: Yes

School Information

  • School District: Cape Henlopen

Utilities

  • Sewer: Public Hook/Up Avail
  • Water: Public Hook-up Available
  • Dist. to Water: 1 Blocks

Structural Information

  • Current Bldg. Use: Land/Lot Only

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size Source: Estimated
  • Lot Dimensions: 50 x 100
  • Zoning: TN

Water Features

  • Water Front Type: Ocean

Financial Considerations

  • Price Per Sq. Ft.: $506.05
  • School Tax: $3,507
  • City/TownTax: $775
  • City/TownTax Freq: Annually
  • County Tax: $395
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,847,700
  • Tax Amount: $4,677
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 86

Listed by RE/MAX Realty Group Rehoboth, Debbie Reed and RE/MAX Realty Group Rehoboth, ASHLEE REED HIDELL

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Listing agents

— 40 Park Ave —

  • Debbie Reed

    RE/MAX Realty Group Rehoboth

  • ASHLEE REED HIDELL

    RE/MAX Realty Group Rehoboth

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 40 Park Ave

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-61 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-812.8 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.4 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 40 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$2,425,000
-3%
MLS
10/14/2025
Listed
$2,500,000
—
MLS
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 40 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,902
150%
$31,700
—
2023
$1,561
4%
$31,700
—
2022
$1,507
1%
$31,700
—
2021
$1,493
—
$31,700
—
2020
$1,488
—
$31,700
—
2019
$1,490
7%
$31,700
—
2018
$1,392
4%
$31,700
—
2017
$1,333
5%
$31,700
—
2016
$1,266
5%
$31,700
—
2015
$1,210
1%
$31,700
—
2014
$1,201
3%
$31,700
—
2013
$1,167
—
$31,700
—
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.

Estimate the Cost for 40 Park Ave

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Realty Group Rehoboth, Debbie Reed and RE/MAX Realty Group Rehoboth, ASHLEE REED HIDELL

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40 Park Avenue, Rehoboth Beach, DE 19971 (MLS# DESU2098476) is a Lots/Land property with a lot size of 0.11 acres. 40 Park Avenue is currently listed for $2,425,000 and was received on October 14, 2025. Want to learn more about 40 Park Avenue? 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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