Rehoboth Beach, DE 19971 20802 Spring Lake Drive # 427

OPEN HOUSE Sat, Jun 21 2025 11:00 AM - 2:00 PM
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Presented By: Dave McCarthy & Associates, Inc.
  • MLS# DESU2087972
  • 06/04/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,000

Home Details

*Savor the Flavor of Coastal Living in this Updated Condo in Sought-After Spring Lake!** Nestled along the picturesque Thompson Island Park in Rehoboth Beach, this charming two-bedroom, two-bathroom condo is the perfect blend of historic charm and modern convenience. With its prime location, you'll be just a stone's throw from the vibrant downtown area, yet surrounded by the serene beauty of the coastal landscape. This condo has been thoughtfully updated to provide the perfect blend of form and function. From the sleek, modern kitchen with stainless steel appliances and granite countertops, to the spacious bedrooms with plush carpeting and Luxury Vinyl and ample closet space, every detail has been carefully considered to ensure a comfortable and relaxing living experience. **Rental Income Producer Extraordinaire!** But it's not just the updates that make this condo a standout it's also its impressive rental income potential! With its prime location and stunning views of the surrounding landscape, this condo is a sought-after destination for vacationers and beachgoers alike. Whether you're looking to supplement your income or create a lucrative investment opportunity, this condo is sure to deliver. **Amenities Abound!** And when you're not enjoying the comforts of your own home, you'll have access to a range of fabulous amenities, including: * A sparkling pool perfect for lounging on a warm summer day * A private patio area for outdoor entertaining and relaxation * And, of course, the stunning views of the surrounding landscape from every window! **Bike to Downtown Rehoboth Beach or Collect a Substantial Income the Choice is Yours!** Whether you're looking to enjoy the best of Rehoboth Beach's vibrant downtown scene or create a lucrative investment opportunity, this condo has it all. With its prime location, stunning views, and impressive rental income potential, this is an opportunity you won't want to miss! **Don't Miss Out!** Contact us today to schedule a showing and make this incredible condo your own. Whether you're looking to live, invest, or simply enjoy the best of coastal living, this condo is sure to satisfy your cravings!
Presented By: Dave McCarthy & Associates, Inc.

Interior Features for 20802 Spring Lake Drive # 427

Bedrooms

Main Level Bedrooms2
Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area1000
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Central Air Y/NNo
Common Walls2+ Common Walls
Common Walls2+ Common Walls
Fireplace FeaturesWood
Fireplace Y/NYes
FlooringCarpet, Vinyl
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesAttic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Skylight(s)
Laundry TypeWasher In Unit
Total Fireplaces1
Window FeaturesScreens, Storm

Other Rooms

Entry Level2
Room TypeLiving Room, Dining Room, Primary Bedroom, Kitchen

Room Details for 20802 Spring Lake Drive # 427

Dining Room

level Main

Kitchen

level Main

Living Room

level Main

Primary Bedroom

level Main

General for 20802 Spring Lake Drive # 427

Acceptable FinancingCash, Conventional
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
Architectural StyleContemporary
Assoc Fee Paid PerUnknown
Association AmenitiesReserved/Assigned Parking, Swimming Pool, Pool - Outdoor
Association Fee IncludesCommon Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Road Maintenance, Reserve Funds
Association Recreation FeeN
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
Building NameNONE AVAILABLE
CityREHOBOTH BEACH
Community Pool FeaturesIn Ground
Condo/Coop Association Y/NYes
Construction MaterialsStick Built, Cedar
Cool FuelElectric
CoolingHeat Pump(s)
CountySUSSEX
DirectionsEnter Spring Lake make a left into and a Right into the 427 lsection.
DisclosuresProp Disclosure
Electric220 Volts
ExclusionsPersonal photos and a few items.
Full Baths2
Garage Y/NNo
HOAYes
HOA Fee$0.00
HOA Fee 21535.00
HOA Fee 2 FrequencyQuarterly
HeatingWood Burn Stove, Heat Pump(s)
Historic Y/NNo
Home Warranty Y/NNo
Lease Considered Y/NYes
Legal SubdivisionSPRING LAKE
Levels2
Location TypePond
MLS AreaLewes Rehoboth Hundred (31009)
ModificationTimestamp2025-06-05T09:29:51
New ConstructionNo
Other StructuresAbove Grade
OwnershipFee Simple
Patio/Porch FeaturesDeck(s)
Possession61-90 Days CD, 31-60 Days CD, Immediate
Price Per Sq Ft Total AG599.0
Property TypeResidential
RoofComposite
School DistrictCAPE HENLOPEN
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeUnit/Flat/Apartment
Subdivision NameSPRING LAKE
Sussex DE QuadrantsBetween Rt 1 & 113
Total Actual Rent25000.00
Total Rooms5
Total SQFT1000
TransportationBus Stop less than 1 mile
Unit Number427
UtilitiesCable TV, Phone
Vacation Rental Y/NYes
ViewLake, Pond
Virtual TourClick here
Water Access Y/NNo
Year Built1985
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 20802 Spring Lake Drive # 427

Door FeaturesStorm
Foundation DetailsSlab
Horse Y/NNo
InclusionsMost of the contents and the appliances.
Navigable Water Y/NNo
PoolYes - Community
Road ResponsibilityPublic
Road Surface TypeBlack Top
SpaNo
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NYes
WaterfrontY/NNo

Additional Details

Price History

Schools

Elementary School N/A
Middle School N/A
High School Cape Henlopen High School

Aleksandar Tomic

Real Estate Professional
Price $599,000
MLS#DESU2087972
List Date 06/04/2025
Property Type Condos
Phone 571.207.5186
Request Tour
Request Info
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