2 Penn Street, Rehoboth Beach, DE 19971-2928 $13,900,000

Beds/Baths: 7/5.1
Interior Sq. Ft: 7,800
Acreage: 0.94
Age:100 years
Style:
Traditional
MLS#: DESU129744
Subdivision: None Available
Design/Type:
Detached

Description

"Shell House," the most spectacular private compound on the Atlantic Ocean and Silver Lake in the most desired location along the Delaware coast. This is an ultra-rare opportunity to own an oceanfront estate situated on almost an acre of ocean to lake property, consisting of two building lots. This spacious home originally built in 1920 boasts 7 bedrooms, 6.5 baths, multiple living areas, an abundance of outdoor living space and much more. The sprawling main level is excellent for entertaining with an oversized gourmet kitchen including a 6-burner gas range, two ovens, range hood, Sub-Zero refrigerators, ice maker, built-in microwave, marble countertops, travertine tile floors, wet bar area and butler's pantry. The expansive living room features a wood-burning fireplace, gorgeous exposed beams and antique tile floors. In addition, a formal dining room with hardwood floors and wood-burning fireplace, separate den and two wings, each with two guest bedrooms. Continue upstairs to find a luxurious master suite overlooking the ocean and Silver Lake, featuring a wood-burning fireplace and twin bathrooms. In addition, the second level includes two guest bedrooms with ensuite baths. Enjoy warm summer days in one of the various outdoor living areas including a beautiful courtyard with fountain, in-ground pool overlooking Silver Lake, oceanfront brick patio, formal gardens and more. Words cannot describe this property - it is truly profound.

Taxes: $9,626
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: Yes - Personal
School Dist: Cape Henlopen

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Waterfront: Sandy Beach; Types of Use: Private Access; Navigable: No;

Utilities
Central Heating, Zoned Heating, Oil, Central A/C, Zoned Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, 200+ Amp Service, Circuit Breakers, Basement Laundry, Cable TV, Utilities - Phone

Garage/Parking
Attached Garage, Driveway, Off Street, Garage Door Opener, Garage - Side Entry, Inside Access, Attached Garage Spaces #: 3;

Interior
Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Exposed Beams, Floor Plan - Traditional, Partial , Partially Finished Basement, Carpet Flooring, Hardwood Flooring, Marble Flooring, Tile/Brick Flooring, Wood Fireplace, Security System

Exterior
Shingle Roof, Wood Roof, Cedar Exterior, Shingle Siding, Stick Built Exterior, Breezeway, Brick Porch/Deck, Patio(s), Porch(es), Terrace, Extensive Hardscape, Exterior Lighting, Outside Shower, Private Beach, Stone Retaining Walls, Heated Pool, In Ground Pool

Lot
Landscaping, Subdivision Possible, Oceanfront, Lake View, Ocean View, Partially Fenced, Privacy Fence, Wood Fence, Paved Road

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District Preschool–6 Rehoboth Beach 0.71 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 4.2 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 4–8 Lewes 3.99 mi

© 2020 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 23
  • Average salary of people in this community: $67,229

Community Summary

  • Population Density (ppl / mile): 471
  • Household Size (ppl): 1.99
  • Households w/ Children: 19%

Housing Inventory

  • Owned: 5,490 (34.4%)
  • Rented: 1,079 (6.8%)
  • Vacant: 9,401 (58.9%)
  • Total: 15,970

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,090
Households: 6,569
Median Age: 57.50

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 2.6%
  • High School Graduate: 23.9%
  • Some College: 15.1%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 27.7%
  • Graduate Degree: 22.1%

Income by dollar range

Median Income: $69,018

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $578
  • One Bedroom: $927
  • Two Bedroom: $1,159
  • Three Bedroom: $1,470

© 2020 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of:
Jack Lingo - Rehoboth

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 7/03/2020.

2 Penn Street, Rehoboth Beach, DE 19971-2928

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