81 LAKE AVENUEREHOBOTH BEACH, DE 19971

Single Family · 1 Bed · 1 Full Bath · 690 Sq. ft. | 0.04 Acres
$999,900 ACTIVE

81 LAKE AVENUE Overview

Time on Site:
30 days
Visits:
15

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!

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81 LAKE AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 690
  • Price/Sq.ft. $1,449
  • Lot 0.04 Acres

Details

General

Association/HOA

  • Association: No
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: NONE AVAILABLE
  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 780
  • Year Built: 1960

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: Yes
  • MLS Area Major: Lewes Rehoboth Hundred (31009)
  • Subdivision Name: NONE AVAILABLE

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Driveway

Tax Information

  • City/Town Tax: 314.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 199.00
  • County Tax Payment Frequency: Annually
  • School Tax: 1763.00
  • School Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,276.00
  • Tax Year: 2021

General Information

  • Furnished: Yes
  • Inclusions: Fully Furnished and decorated
  • Property Type: Residential
  • School District Name: CAPE HENLOPEN
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2021
  • Zoning: TN

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Full Main Level: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 690
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Electric
  • Laundry Type: Main Floor

General Information

  • Accessibility Features: 2+ Access Exits
  • Appliances: Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Washer, Microwave, Dryer, Disposal, Dishwasher
  • Basement: No
  • Cooling: Window Unit(s)
  • Flooring: Ceramic Tile, Engineered Wood
  • Foundation Details: Crawl Space
  • Levels: 1
  • Living Area: 690
  • Living Area Source: Estimated
  • Main Level Bathrooms: 1.00
  • Main Level Bedrooms: 1

Room Information

  • Room List: Dining Room,Primary Bedroom,Kitchen,Family Room,Den,Laundry,Office,Primary Bathroom

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1828.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Oriented: Yes
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Cottage
  • Construction Materials: Stick Built
  • Patio And Porch Features: Deck(s)
  • Roof: Architectural Shingle

General Information

  • Fencing: Partially
  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Water Access: No

Room Information

Room: Den

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Family Room

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Laundry

  • Level: Main

Room: Office

  • Level: Main

Room: Primary Bathroom

  • Level: Main

Room: Primary Bedroom

  • Level: Main

81 LAKE AVENUE Neighborhood

Community

19971 (REHOBOTH BEACH) Demographics

60
Median Age
501
Population Density (per sq. mile)
58%
College Educated
$75,846
Estimated Median Income
6,346
Estimated Total Home Owners
899
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

81 LAKE AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

81 LAKE AVENUE Market Data

Based on the last 30 days in this zip code

$1,153,227
Average List Price
$541
Average Price per Square Foot
51
Properties Sold
105
Average Days on Market
291
Properties for Sale
Calculations provided by Reliance Network

81 LAKE AVENUE History

Date Event Value Agent
6/11/2026Source: BRIGHT MLS Status Change
ACTIVE
6/11/2026Source: BRIGHT MLS Status Change
ACTIVE
5/30/2026Source: BRIGHT MLS Added to Database
May 30, 2026
5/30/2026Source: BRIGHT MLS Added to Database
May 30, 2026
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
March 15, 2022
Listing provided courtesy of Monument Sotheby's International Realty- MLS# DESU2113052MLS ProviderContact Information: [email protected] - 3022276767