Sold for $495,000

$495,000

20787 Old Bay Rd #4, Rehoboth Beach, DE 19971

1beds

400sqft

Condominium

Built in 1980

-- sqft lot

$493,900 Zestimate^®

$1,238/sqft

$1,503 Estimated rent

Home value

$493,900

$459,000 - $533,000

$1,503/mo

Zestimate^® history

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$2,823/mo

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$2,823/mo

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What's special

Do Not miss this Cute little cottage, centrally located between Rehoboth Beach and Dewey Beach off Coastal Highway. This is a 1bed 1 bath unit with a loft to sleep additional guests. Just completly remodeled inside and out to include new paint, new roof, new flooring, new deck, new appliances, new bathroom and kitchen, Nickle Gap shiplap, new fixtures and exposed beams! Whether you are looking for a cozy little beach hideout or an excellent rental this unit is turnkey and ready for immediate occupancy. At this price this listing will not last long!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 0

Heating

Other, Electric

Cooling

Ductless, Electric

Appliances

Included: Microwave, Oven/Range - Electric, Stainless Steel Appliance(s), Electric Water Heater

Features

Soaking Tub, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Open Floorplan, Kitchen - Galley, Other, Cathedral Ceiling(s), Beamed Ceilings, Dry Wall, Wood Walls
Flooring: Luxury Vinyl, Tile/Brick
Has basement: No
Has fireplace: No

Interior area

Total structure area: 400
Total interior livable area: 400 sqft
Finished area above ground: 400
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Driveway, Off Street, Other
Uncovered spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1
Exterior features: Rain Gutters
Pool features: None

Details

Additional structures: Above Grade, Below Grade
Parcel number: 33420.09212.004
Zoning: C-1
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Bungalow
Property subtype: Condominium

Materials

Cedar, Shingle Siding, Stick Built, Wood Siding
Foundation: Crawl Space
Roof: Asphalt

Condition

New construction: No
Year built: 1980
Major remodel year: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Rehoboth Beach
Subdivision: None Available

HOA & financial

HOA

Has HOA: Yes
HOA fee: $75 monthly
Amenities included: Common Grounds
Services included: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds
Association name: JOSH SCHUSTER

Other

Other facts

Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional
Ownership: Condominium

Price history

Date	Event	Price
8/5/2025	Sold	$495,000$1,238/sqft
Source: Bright MLS #DESU2089752 Report a problem
7/11/2025	Pending sale	$495,000$1,238/sqft
Source: Bright MLS #DESU2089752 Report a problem
7/1/2025	Listed for sale	$495,000$1,238/sqft
Source: Bright MLS #DESU2089752 Report a problem