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$1,800,000
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Property Description
This boutique, coastal-chic residence, affectionately named "Cedar House" is the crafted outcome of a 2017 complete architectural reinvention from its original bones to its beautifully finished form today. Positioned in a prized location just 5 blocks to the ocean and approximately 10 minute walk to Rehoboth Avenue in a quiet, residential tree lined neighborhood. Inside, the home's airy open floor plan lives spaciously within its 1,300 square feet, reflecting an unparalleled attention to authenticity and detail. Upon entering, you're greeted by the warmth of wide-plank heart-pine floors, tongue-and-groove wood walls, and reclaimed hand-hewn oak beams-materials that lend character and texture befitting a quintessential beach home. The living room features a coffered ceiling and a 19th-century fireplace mantle, creating a bespoke focal point. The custom kitchen was designed with no expense spared: Dramatic 3-inch profile Carrara marble countertops and full marble blackspash, custom cabinetry, and built-in Thermador stainless-steel appliances. A whimsical circular interior window provides a delightful connection to the sun-drenched sunroom along the home's western side. Two private primary bedrooms with en-suite baths complete the main level; one suite's bath also functions conveniently as a powder room. The exterior highlights old-world craftsmanship, including natural cedar shake siding and roofing, oversized copper gutters and downspouts, large Marvin casement windows, and custom wood doors. Mature and meticulously maintained landscaping frames the entire property-including formal boxwood hedging, hydrangeas, magnolia and a raised-bed garden-while an authentic Belgian block driveway winds back to a distinguished carriage house garage. (Professionally designed renderings for a carriage house conversion with pool & gas fire pit addition are available from the seller.) A perfect offering for the discerning, design-minded buyer, this residence stands apart from other homes available at this price point for its uncompromising craftsmanship, curated materials, refined coastal aesthetic, and highly coveted in-town Rehoboth Beach location. *NOTE: Property has dedicated well for lawn/ garden irrigation and electric car charger. *ALSO: Just over 1 block to the much loved local footbridge "Turtle Bridge" that traverses Silver Lake and short walk to the beach. (*Public designated pickleball & tennis courts just a block away, as well.)
Full Property Details
Full Property Details for 515 New Castle Street Ext
General
- Sold For: $1,800,000
- Taxes: $2,849 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2100656
- Added to Site: 118 day(s) ago
Interior
- Number of Rooms: 10
- Rooms/Areas: Living Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2, Attic, Screened Porch
- Interior Features: Attic, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Non-Functioning
- Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater - Tankless
- Flooring: Hardwood, Marble
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Main Floor
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
Exterior
- Exterior Features: Outbuilding(s), Outside Shower, Secure Storage, Underground Lawn Sprinkler, Exterior Lighting, Gutter System
- Porch/Patio/Deck: Deck(s), Porch(es), Screened
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Features: Brick Driveway, Fenced, Electric Vehicle Charging Station(s)
- Parking Type: Detached Garage, Driveway, Off Street
- Garage Description: Additional Storage Area, Garage - Side Entry, Garage Door Opener
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: SCHOOLVUE
- Cross Streets: State Road
- Driving Directions: Rehoboth Avenue to State Road. Follow State Road to the bend in the road to the left; then left on New Castle Street Extended. Property be on your LEFT.
- Direction Faces: East
- Location Details: Downtown
- City Limits: Yes
School Information
- School District: Cape Henlopen
- Elementary School: Rehoboth
- Middle School: Beacon
- High School: Cape Henlopen
Community
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central, Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Tankless
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Electric Available, Phone Available
Structural Information
- Architectural Style: Coastal, Cottage
- Structure Type: Detached
- Builder: Wayne Hanby: Shoreline Construction
- Construction: Cedar
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Walkout Stairs, Unfinished, Rear Entrance, Partial
- Foundation: Crawl Space
- Roof: Shake, Wood
- Walls/Ceilings: Beamed Ceilings
- Windows: Energy Efficient, Casement
- Doors: French
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 1,870
- Sq. Ft. Source: Estimated
- Living Area: 1,300 Sq. Ft.
- Finished Above Grnd: 1,300 Sq. Ft.
- Unfin. Above Grnd: 420 Sq. Ft.
- Year Built: 1974
- Year Built Source: Estimated
- Property Condition: Excellent
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Estimated
- Lot Dimensions: 75 x 100
- Frontage Feet: 75
- Street/Road Desc.: Black Top
- Zoning: TN
- Lot Description: Landscaping, Front Yard, Private, Rear Yard
- Fencing (Description): Privacy, Partially, Wood
Financial Considerations
- Price Per Sq. Ft.: $1,423.08
- Assessment Year: 2025
- School Tax: $2,062
- City/TownTax: $555
- City/TownTax Freq: Annually
- County Tax: $232
- County Tax Freq: Annually
- Tax w/Assessment: $1,086,300
- Tax Amount: $2,849
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 86
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Price & Sales History for 515 New Castle Street Ext
Date
Details
Price
Change
Source
3/09/2026
Sold
$1,800,000
-2.7%
MLS
11/26/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
515 New Castle Street Extension, Rehoboth Beach, DE 19971 (MLS# DESU2100656) is a Single Family property that was sold at $1,800,000 on March 09, 2026. This property was sold by Jay Kramer from our Coastal Delaware Office.Want to learn more about 515 New Castle Street Extension? 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.


