Date
Details
Price
Change
Source
7/17/2026
Listed
$389,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$389,900 Just Listed
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Property Description
Don't miss this opportunity to own property east of Route 1 in Rehoboth Beach!h🌿. For investors or builders, the property presents additional possibilities. There is potential to re-establish the property line, remove the existing home, and construct two new homes-an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is a home presently situated on both lots. It could be turned to open the second lot or removed. There is no HOA, and the property is zoned to allow manufactured homes, modular, and stick-built. Several newly constructed homes in the community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS. Public water and sewer are there. The one lot has a well.
Full Property Details
Full Property Details for 502 5th St
General
- Price: $389,900
- Taxes: $757 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2116402
- Updated: 7/17/2026
- Added to Site: 4 day(s) ago
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: TRU VALE ACRES
- Driving Directions: From RT 1, turn onto Munchy Branch, turn onto Midway Dr, turn right onto 5th St. The home is on the right. Sign in Yard.
School Information
- School District: Cape Henlopen
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Utility Description: Cable TV
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Estimated
- Zoning: GR
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $38.92
- School Tax: $680
- County Tax: $77
- County Tax Freq: Annually
- Tax Amount: $757
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: What is left in the home and shed.
Listed by Keller Williams Realty, Cindy J Sakowski
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 502 5th St —
Cindy J Sakowski
Keller Williams Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 502 5th St
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 2.5 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 2.3 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 502 5th St
Tax History
Tax History for 502 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$456
48%
$10,600
—
2023
$309
5%
$10,600
—
2022
$293
1%
$10,600
—
2021
$289
1%
$10,600
—
2020
$286
—
$10,600
—
2019
$287
6%
$10,600
—
2018
$271
4%
$10,600
—
2017
$261
3%
$10,600
—
2016
$253
4%
$10,600
—
2015
$243
2%
$10,600
—
2014
$239
3%
$10,600
—
2013
$232
—
$10,600
—
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
Estimate the Cost for 502 5th St
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- Townhouse
- Active
- Updated 3 days ago
- 5Beds
- 5Total Baths
- 2,816Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 7Beds
- 7Total Baths
- 7,136Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,210Sq. Ft.
- Single Family
- Active
- Updated 8 minutes ago
- 3Beds
- 3Total Baths
- 1,866Sq. Ft.
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- Mobile Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,176Sq. Ft.
Listed by The Real McCoy Group (302) 522-5225
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,932Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 3,626Sq. Ft.
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- Condo
- Closed
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,038Sq. Ft.
502 5th Street, Rehoboth Beach, DE 19971 (MLS# DESU2116402) is a Lots/Land property with a lot size of 0.23 acres. 502 5th Street is currently listed for $389,900 and was received on July 17, 2026. Want to learn more about 502 5th 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.