81 LAKE AVENUE, REHOBOTH BEACH, DE 19971
SUSSEX County
Key Facts
Description
Welcome to 81 Lake Avenue, a rare opportunity in the heart of Downtown Rehoboth Beach. This charming, quintessential beach cottage has been thoughtfully renovated and offers the unique advantage of commercial zoning, creating endless possibilities for personal enjoyment, investment income, or future development. Whether you're seeking a turnkey coastal retreat, a high-performing rental property, or the ideal location for a restaurant, boutique retail shop, or professional office, this property offers exceptional flexibility in one of Rehoboth Beach's most desirable locations. Restaurant concept plans are available for interested buyers. The property features two off-street parking spaces, a beautifully landscaped and fenced yard, and a welcoming front patio—perfect for enjoying your morning coffee or unwinding after a day at the beach. Inside, the bright and inviting family room features a pull-out sofa, a large-screen television, and an open layout that flows seamlessly into the brand-new kitchen. Designed with both style and functionality in mind, the kitchen showcases custom cabinetry, quartz countertops, stainless steel appliances, and a timeless white subway tile backsplash. The adjacent eat-in dining area provides a comfortable gathering space and offers direct access to the side yard and outdoor shower. A dedicated laundry and mechanical room provides ample storage and everyday convenience. The owner's suite features a private full bath with a beautifully tiled shower, along with an adjoining flex space currently configured as a home office—ideal for remote work or additional storage. An additional room offers extra sleeping accommodations and is thoughtfully furnished with a custom upholstered chair that converts into a twin bed, maximizing both comfort and versatility. Professionally furnished and decorated by a local interior designer, this home is being offered fully furnished and turnkey, allowing you to immediately embrace the Rehoboth Beach lifestyle. Whether you're looking for a personal beach getaway, an income-producing investment, or a unique mixed-use opportunity, 81 Lake Avenue is ready to be enjoyed from day one. Take the 3D tour!
Property Information
Property Type
Commercial Sale
Year Built
1960
Living Area
690 sq ft
Lot Size
0.04 acres
Lot Dimensions
20.00 x 92.00
Parking Spaces
2
Zoning
TN
Days on Market
14
MLS® Listing#
DESU2107982
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Roof
Sewer
Water Source
Schools
- District:
- CAPE HENLOPEN
Financial Details
Annual Taxes
$2,276
Tax year 2025
Parcel Number
334-14.17-62.00
Directions
Rehoboth Ave. to Lake Ave. Two parking spots.
Affordability Calculator
$199,980
Estimated monthly payment
$5,322/mo
Principal $799,920 · Est. interest $1,115,960 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in REHOBOTH BEACH, DE
- $759,459
- Median Listing Price
- 77
- Median Days on Market
- 1,850
- Median Sq Ft
- $401
- Median Price / Sq Ft
- 249
- Active Listings
- This home’s price is 32% above the area median.
- Its price per sq ft is 262% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in REHOBOTH BEACH, DE.
Location
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Points of Interest in REHOBOTH BEACH, DE
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|---|---|---|---|---|
| 610 6TH STREET, BETHANY BEACH, DE | $710,000 | 3 | 1 | 864 |
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| 19805 COASTAL HWY 204, REHOBOTH BEACH, DE | $725,000 | 3 | 2 | 1,522 |
| 19805 COASTAL HWY 203, REHOBOTH BEACH, DE | $725,000 | 3 | 2 | 1,522 |
| 19805 COASTAL HIGHWAY 303, REHOBOTH BEACH, DE | $740,000 | 3 | 2 | 1,522 |
Moving Cost Estimate
EXIT Agents in REHOBOTH BEACH
Listing Courtesy: Monument Sotheby's International Realty - 3022276767