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$5,700,000

  • Sold
  • Closed
  • Lots/Land
  • 0.28 Acres
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Discover the unparalleled allure of owning the last undeveloped lot on the Rehoboth Beach boardwalk. Measuring 250x50 feet, this exceptional property offers unobstructed, breathtaking ocean views and direct beach access, making it a rare gem in a coveted location. Envision crafting your ultimate coastal sanctuary where you can wake up to the soothing sounds of the ocean while enjoying panoramic vistas. This prime boardwalk lot provides limitless potential for a custom seaside retreat. Seize this rare opportunity to own a piece of paradise and explore the endless possibilities this property has to offer.

Full Property Details for 505 S Boardwalk

General

  • Sold For: $5,700,000
  • Taxes: $2,827 (2024)
  • Status: Closed
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2082868
  • Added to Site: 303 day(s) ago

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: Sussex
  • Driving Directions: Head east on Rd 15/Rehoboth Ave toward Christian St. Turn right onto Christian St. Turn right onto Bayard Ave. Turn left onto Philadelphia St. Turn right onto S Boardwalk. Property will be on the right.
  • Location Details: Oceanfront
  • City Limits: Yes

School Information

  • School District: Cape Henlopen

Utilities

  • Sewer: Other
  • Water: Other

Structural Information

  • Stories/Levels: 0
  • Current Bldg. Use: Land/Lot Only

Lot Features

  • Property View: Ocean
  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size Source: Assessor
  • Lot Dimensions: 250.00 x 50.00
  • Zoning: TN

Water Features

  • Water View: Yes
  • Water Access: Yes
  • Water Front Type: Ocean

Financial Considerations

  • Price Per Sq. Ft.: $483.73
  • Assessment Year: 2024
  • School Tax: $1,077
  • City/TownTax: $1,650
  • City/TownTax Freq: Annually
  • County Tax: $100
  • County Tax Freq: Annually
  • Tax Amount: $2,827
  • Tax Year: 2024
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Compass, Deborah L Sweeney
Sold by Patterson-Schwartz-Newark, Ron Jackson

Listing agent

— 505 S Boardwalk —

  • Deborah L Sweeney

    Compass

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 S Boardwalk

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.7 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-813.3 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-125.1 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 505 S Boardwalk

Date
Details
Price
Change
Source
7/18/2025
Sold
$5,700,000
-3.39%
MLS
4/24/2025
Listed
$5,900,000
—
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 Compass, Deborah L Sweeney
Sold by Patterson-Schwartz-Newark, Ron Jackson

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27 New Orleans St, Dewey Beach, DE 19971 - Photo 1 Just Listed
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Price Reduced near 505 S Boardwalk

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34084 Skyflower Loop, Lewes, DE 19958 - Photo 1 Price Reduced
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34084 Skyflower Loop  Lewes, DE 19958

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Recent Sales near 505 S Boardwalk

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1 New Castle St, Rehoboth Beach, DE 19971 - Photo 1 Sold
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1 New Castle St  Rehoboth Beach, DE 19971

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104 W Buckingham Dr  Rehoboth Beach, DE 19971

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505 S Boardwalk, Rehoboth Beach, DE 19971 (MLS# DESU2082868) is a Lots/Land property that was sold at $5,700,000 on July 18, 2025. Want to learn more about 505 S Boardwalk? 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.