202 Chesapeake Street, Dewey Beach, DE 19971 $1,250,000

MLS Number
Subdivision Name
Rehoboth By The Sea
List Price
Full Baths
Half Baths
City Name
Dewey Beach
"chesapeake On Lake Comegys" A Waterfront Treasure, Comes Furnished And Ready For Immediate Lake/ocean Life Living! Take In The Best Views From This Location! This Original Cottage Is Conveniently Located Between Rehoboth And Dewey Beach And Is A Hidden Gem. The Home Features A Freshly Painted Living /dining Area That Overlooks Lake Comegys And Is Surrounded By Nature. Bring In Natural Light And The Sound Of The Majestic Atlantic In The Distance With Lake Comegys As Your Backdrop. You Won't Find A Better Location! Features: Four Bedrooms, 2.5 Baths, An Additional Bedroom With Private Bath And Convenient Separate Entrance On The Lover Level. Sleeps Up To 12 Comfortably! There Is Plenty Of Space Inside And Out; Watch Premier Sunrises And Evening Sunsets Every Day As Soon As You Buy! The Large, Screened Porches -a Must To Enjoy The Fabulous Views Along With Comfy Seating For Lounging After A Day On The Beach. The Outdoor Area Offers An Enclosed But Open-to-the-sky Outside Shower, Grill, And Dining Area On A Private Deck. Launch A Kayak, Relax On Your Pier As You Take Witness To Cranes, Egrets, Ducks, And More! Create Your Best Memories With Friends And Family, Take Advantage Of The Rental Potential ($4,000-week, Peak Weeks), Enjoy The Perks Of Owning A Ground Lease Like This (many Tax Write Offs For Renting). Super Dog Friendly Area, Especially On The Beach. Easy Proximity To Restaurants And Nightlife Of Downtown Dewey Beach-just A Short Walk South. Heading North By Bike Or Trolley Ride: For Rehoboth's Shops, Restaurants And Nightlife- The Walk Is Scenic -silver Lake In Downtown Rehoboth, The Mile Long Boardwalk, And More. Booked Rentals Are: July 17-24th, July 24-31, August 7-21. Highest Rate: $4100 Week, Off Season Sept-nov $2500. Highest Potential $50,000 Gri, More If Fully Renovated. Lease Expires In December 31, 2072. 2020 Amount: $17,777. Owner Does Not Carry Flood Insurance; Lender Likely To Require Flood Insurance. Homeowners Is With Williams Insurance Agency: $1,227 Year.

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List Office Name:
Jack Lingo - Rehoboth

Interior Features

Central A/c
Hardwood, carpet
Dishwasher, dryer - Electric, microwave, oven/range - Electric, washer, water Heater
Basement Type
Daylight, Partial, outside Entrance, windows
Interior Features
Breakfast Area, built-ins, dining Area, entry Level Bedroom, family Room Off Kitchen, exposed Beams, floor Plan - Open, kitchen - Table Space, pantry, stall Shower, upgraded Countertops, wood Floors

Exterior Features

Architectural Style
Coastal, cottage
Construction Materials
Frame, block, mixed, wood Siding
Exterior Features
Bbq Grill, outside Shower, secure Storage
Foundation Details
Parking Features
Crushed Stone, private
Outdoor Living Structures
Deck(s), patio(s), porch(es), screened

Additional Details

Elementary School
High School
Cape Henlopen
Middle School
Square Footage
Year Built
New Construction
Lot Size Dimensions
50.00 X 100.00