1 & 3 Cullen Street, Dewey Beach, DE 19971

$11,500,000
12
BD
11
BA
9,957
SqFt
List Price
$11,500,000
Days On Market
166
Status
ACTIVE
MLS#
DESU134836
Bedrooms
12
Bathrooms
11
Full Baths
11
Living Area
9,957
Lot Size (Acres)
0.79
Style
Coastal
Year Built
1939
County
Sussex
School District
Cape Henlopen

Property Description

Discover Sandaway - an oceanfront coastal retreat with two homes on a large oceanfront .79 acre lot built in 1939 by Alexis Felix DuPont. The front main house boasts 7,035 heated square feet situated on a 26,692 square foot lot. The home features stunning details including six fireplaces, curved staircase, wrap around decks, sunroom, gourmet kitchen with Wolf Appliances and granite counters, great room, living room, formal dining room, den, sauna, basement, outdoor shower, seven bedrooms, and seven baths. Almost every room has unobstructed ocean views. The guest house is 2,922 square feet heated on a 7,906 square foot lot. Home features kitchen open to dining room and great room, large screened porch, five bedrooms, four bathrooms, patio, outdoor shower, and more! Large parking area for 10 to 15 cars and room for a pool! Both homes convey furnished. Buyer must honor 2019 rentals. 2018 rental income was $277,291 and 2017 Rental income was $243,567. Rare opportunity for .79 acres on the ocean! Rehoboth by the Sea fee simple lot with no ground rent. Private walkway to the beach shared with one other home. Enjoy the guarded beach, sunrises over the ocean, and walk to Dewey and Rehoboth restaurants and attractions. Come be a part of this oceanfront luxury estate!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Rehoboth By The Sea
Taxes
$7942.0
Stories
3
Interior Features
Built-Ins, Carpet, Butlers Pantry, Ceiling Fan(s), 2nd Kitchen, Crown Moldings, Curved Staircase, Dining Area, Double/Dual Staircase, Elevator, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Master Bath(s), Master Bedroom - Ocean Front, Pantry, Upgraded Countertops, Wet/Dry Bar, Window Treatments
School District
Cape Henlopen
Fireplaces
6
Fireplace Description
Wood
Flooring
Hardwood, Ceramic Tile, Carpet, Vinyl
Exterior Features
Outside Shower
View
Ocean
Heating
Forced Air, Heat Pump(s)
Heating Fuel
Electric, Propane - Leased
Cooling
Central A/C, Wall Unit
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of OCEAN ATLANTIC SOTHEBY'S INTL REALTY.