2303 CEDAR ST Under Contract

Lewes,DE 19958

$ 1699000

6 Beds

4 Baths

3200 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $530

Subdivision Lewes Beach

MLS Listing ID DESU2072284

Style Colonial

Bedrooms 6

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 3,200

Originating Board BRIGHT

Land Lease Amount 1.0

Land Lease Frequency Annually

Year Built 1954

Annual Tax Amount $2,011

Tax Year 2024

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 70.00 x 100.00

Property Description

This charming 6-bedroom, 4-bath single-family home, just one block from Lewes Beach and the Delaware Bay, offers incredible marsh views and an incredible investment opportunity with $140-170K in annual rental income. This property is comes with custom fully furnished furniture and is boasting modern upgrades, including a two-zone HVAC system, Rinnai tankless water heater, updated kitchen appliances, and remodeled bathrooms, this property blends comfort with functionality. Enjoy wood floors throughout the home with two fully functioning living rooms, a full dining room, stone countertops, a hot tub, and an outfitted garage with games, bikes, beach chairs, as well as a beautiful elevated back deck offering stunning marsh views. With 10 weeks already booked for 2025, this home is a prime coastal gem perfect as a second home or an income-generating asset.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Direction East

Rooms

Other Rooms Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 5,Great Room,Bedroom 6,Bathroom 2,Primary Bathroom

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Dining,Entry Level Bedroom,Kitchen - Island

Hot Water Propane

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Flooring Engineered Wood,Hardwood,Tile/Brick

Inclusions All items in the house, furniture, electronics, and in the garage.

Equipment Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Oven/Range - Electric,Range Hood,Refrigerator,Stainless Steel Appliances,Stove,Washer,Washer/Dryer Stacked,Water Heater - Tankless

Furnishings Yes

Fireplace N

Window Features Double Hung,Double Pane,Screens

Appliance Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Oven/Range - Electric,Range Hood,Refrigerator,Stainless Steel Appliances,Stove,Washer,Washer/Dryer Stacked,Water Heater - Tankless

Heat Source Electric

Laundry Main Floor

Exterior

Exterior Feature Deck(s),Patio(s)

Garage Additional Storage Area

Garage Spaces 6.0

Utilities Available Propane,Phone

Waterfront N

Water Access N

Roof Type Built-Up,Shingle,Architectural Shingle

Street Surface Black Top

Accessibility None

Porch Deck(s),Patio(s)

Road Frontage City/County

Total Parking Spaces 6

Garage Y

Building

Lot Description Adjoins - Open Space,Adjoins - Public Land,Landscaping

Story 2

Foundation Block,Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade,Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Cape Henlopen

Others

Senior Community No

Tax ID 335-04.14-69.00

Ownership Land Lease

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Horse Property N

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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