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$1,125,000
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Property Description
Welcome to 8 Canal St! This rare, oversized lot is located in Oak Grove at The Beach, downtown Rehoboth. It offers the potential for a POOL and overlooks the canal, providing views of the parkland across the street. The location is within walking distance of everything downtown Rehoboth has to offer, allowing you to enjoy your time at the beach instead of worrying about yard work. One of the notable features of this property is that the homeowners' association (HOA) fees cover lawn and yard maintenance, saving you the trouble of taking care of the landscaping yourself. Oak Grove is a small, self-managed community known for its well-manicured homes. This property presents an opportunity to be a part of the original Rehoboth history, as it is the first time it has become available. With its convenient location, you can park your car and easily access all the amenities and attractions in the area. According to the county records, the lot measures 50 feet by 116.95 feet by 56 feet by 113.67 feet, resulting in a total lot size of approximately 6,112 square feet. Sewer and water hook up fees to be paid by the buyer. City estimates $3,080 total for both.
Full Property Details
Full Property Details for 8 Canal St
General
- Sold For: $1,125,000
- HOA FEE: $79/month
- HOA FEE FREQ.: Annually
- Taxes: $618 (2021)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2036928
- Added to Site: 1, 068 day(s) ago
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Driving Directions: East on Rehoboth Ave, Canal St on right. Lot is on right overlooking the canal. No sign.
- Location Details: Canal
- City Limits: Yes
School Information
- School District: Cape Henlopen
Community
- Association: Yes
- Assoc. Name: JEFF SELLMAN
- Assoc. Fees Include: Common Area Maintenance, Road Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Land/Lot Only
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 116.00
- Frontage Feet: 50
- Zoning: TN
Water Features
- Water View: Yes
- Water Front Type: Canal
- Water Front Name: Canal
Financial Considerations
- Price Per Sq. Ft.: $204.97
- Association Fee: $950
- Assoc Fee Freq.: Annually
- Assessment Year: 2022
- School Tax: $304
- City/TownTax: $283
- City/TownTax Freq: Annually
- County Tax: $31
- County Tax Freq: Annually
- Tax Amount: $618
- Tax Year: 2021
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 4
Listed by Ocean Atlantic Sotheby's International Realty, ELIZABETH MYERS BARNHART
Sold by Bay Coast Realty, ROBERT WALSH
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Schools
Schools serving 8 Canal St
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 0.4 mi |
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968 | 5-8 | 12.4 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 4.3 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 8 Canal St
Date
Details
Price
Change
Source
10/02/2023
Sold
$1,125,000
-9.99%
MLS
5/12/2023
Price Reduced
$1,249,900
-10.72%
MLS
3/09/2023
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8 Canal Street, Rehoboth Beach, DE 19971 (MLS# DESU2036928) is a Lots/Land property that was sold at $1,125,000 on October 02, 2023. Want to learn more about 8 Canal 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.

