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$3,100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 3,943 Sq. Ft.
  • Updated 16 hours ago
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There is something special about a home that feels refined without ever feeling formal, and 507 Lee Street captures that balance beautifully. Thoughtfully designed with exceptional finishes, inviting living spaces, and a relaxed coastal sensibility, this is luxury that feels completely at home in Rehoboth Beach. Set along a quiet residential street, this 5 BR, 4.5 BA homes offers a welcome sense of privacy while keeping the very best of Rehoboth close at hand. From here, mornings can begin with a walk to the beach, afternoons can be spent along the iconic mile-long boardwalk, and evenings can unfold over dinner, cocktails, shopping, or live music downtown. Rehoboth's restaurants, boutiques, galleries, and longtime favorites are all part of the lifestyle, yet home feels comfortably removed from the energy of the crowds. Inside, beautiful materials and carefully considered details create a home that feels polished yet wonderfully livable. The spaces are made for gathering, whether entertaining a houseful of friends, enjoying a quiet weekend at the beach, or settling in for an extended summer stay. And then there is the screened porch: the kind of space that immediately feels like Rehoboth. Breezy, comfortable, and made for long conversations, morning coffee, afternoon reading, and summer dinners, it evokes the timeless charm of the classic beach houses that have made this town so beloved for generations. 507 Lee Street offers something increasingly rare, a sophisticated coastal home with the warmth and character of an iconic Rehoboth beach house, all within easy reach of the Atlantic Ocean, the boardwalk, Rehoboth Avenue, and the dining and shopping that make this one of the Mid-Atlantic's most cherished beach towns. Beautifully finished. Effortlessly comfortable. Unmistakably Rehoboth.

Full Property Details for 507 Lee St

General

  • Price: $3,100,000
  • Taxes: $4,569 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2120720
  • Updated: 9/17/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Attic, Ceiling Fan(s), Built-Ins, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Bathroom - Stall Shower, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Stove, Oven - Wall, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer, Water Heater, Exhaust Fan, Water Dispenser, Built-In Microwave, Cooktop, Energy Efficient Appliances, Freezer, Oven/Range - Gas, Range Hood, Stainless Steel Appliances, Water Heater - Tankless
  • Flooring: Ceramic Tile, Engineered Wood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Upper Floor Baths: 3
  • Upper - Full Baths: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 4
  • Bedrooms Main & Up: 1

Other Rooms

  • Laundry: Main Floor

Additional Information

  • Security/Safety: Main Entrance Lock, Smoke Detector, Carbon Monoxide Detector(s)

Exterior

  • Exterior Features: Awning(s), Lawn Sprinkler, Outbuilding(s)
  • Porch/Patio/Deck: Deck(s), Porch(es), Roof, Screened

Parking

  • Total Spaces: 6
  • Parking Features: Brick Driveway
  • Parking Type: Driveway

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Driving Directions: From Route 1, Exit on State Street, Right on Lee Street, House on the Left
  • City Limits: Yes

School Information

  • School District: Cape Henlopen
  • Elementary School: Rehoboth
  • Middle School: Beacon
  • High School: Cape Henlopen

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Propane - Leased
  • Water Heater: Tankless

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Coastal, Contemporary
  • Structure Type: Detached
  • Construction: Frame, Stick Built, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Fully Finished, Heated, Improved, Connecting Stairway, Interior Access
  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle, Metal, Pitched
  • Walls/Ceilings: 9'+ Ceilings, Dry Wall, High, Wood Walls
  • Windows: Double Hung, Double Pane, Energy Efficient, Screens, Wood Frame
  • Doors: Sliding Glass
  • Stories Description: Main, Upper 1
  • Square Feet: 3,943
  • Sq. Ft. Source: Estimated
  • Living Area: 3,943 Sq. Ft.
  • Finished Above Grnd: 2,701 Sq. Ft.
  • Finished Below Grnd: 1,242 Sq. Ft.
  • Year Built: 2021
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Property View: Garden/Lawn
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size Source: Estimated
  • Zoning: TN
  • Lot Description: Front Yard, Landscaping, Rear Yard, SideYard(s)
  • Fencing (Description): Vinyl, Rear

Financial Considerations

  • Price Per Sq. Ft.: $1,147.72
  • Assessment Year: 2026
  • School Tax: $3,714
  • City/TownTax: $434
  • City/TownTax Freq: Annually
  • County Tax: $421
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,965,200
  • Tax Amount: $4,569
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Northrop Realty, Celia Benjamin and Northrop Realty, Allison Stine

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Listing agents

— 507 Lee St —

  • Celia Benjamin

    Northrop Realty

  • Allison Stine

    Northrop 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 507 Lee St

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.2 mi
Beacon Middle School
19483 John J Williams Highway, Lewes, DE 19958
4-83.1 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.5 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 507 Lee St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$3,100,000
264.71%
MLS
10/30/2007
Sold
$850,000
—
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 507 Lee St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,150
92%
$15,100
—
2023
$2,164
4%
$15,100
—
2022
$2,089
197%
$15,100
—
2021
$704
-1%
$15,100
—
2020
$709
—
$15,100
—
2019
$710
7%
$15,100
—
2018
$663
4%
$15,100
—
2017
$635
5%
$15,100
—
2016
$603
5%
$15,100
—
2015
$576
1%
$15,100
—
2014
$572
3%
$15,100
—
2013
$556
—
$15,100
—
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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NMLS#: 1598647

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Listed by Northrop Realty, Celia Benjamin and Northrop Realty, Allison Stine

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507 Lee Street, Rehoboth Beach, DE 19971 (MLS# DESU2120720) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 507 Lee Street is currently listed for $3,100,000 and was received on September 17, 2026. Want to learn more about 507 Lee Street? 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.

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