Welcome to 1432 Bayard Avenue, an extraordinary luxury coastal residence just two blocks from the Atlantic Ocean in Dewey Beach’s most coveted residential neighborhood, Rehoboth by the Sea – bordering Silver Lake and Lake Comegys. Rarely does a fee simple home of this stature become available in this location. Custom built in 2023, this remarkable property offers over 4,500 square feet of sophisticated living space, 10 generously sized bedrooms, 9 1/2 baths, exceptional craftsmanship, and resort-inspired amenities. A full basement offers abundant storage and other flexible options such as media room, inlaw suite, etc. Currently generating approximately $300,000 in annual rental income, this exceptional home presents a compelling opportunity for both luxury coastal living and investment. Built by a prominent local builder, the residence showcases architectural details rarely found in today's coastal construction, including 10-foot ceilings, solid oak hardwood floors throughout, wide staircases, custom millwork, coffered ceilings, shiplap accents, raised wood paneling, and plantation shutters. Every room reflects thoughtful design, quality materials, and extraordinary attention to detail. The expansive main level is designed for effortless entertaining, featuring a gracious living room with gas fireplace, a custom dining table accommodating up to 16 guests, and a spectacular chef's kitchen. Premium Viking appliances include a 48-inch refrigerator, 35-inch gas range, two dishwashers, freezer drawers, an undercounter ice maker, and microwave. A convenient first-floor king ensuite provides comfortable accommodations for guests seeking single-level living. Across three beautifully appointed levels, 10 spacious bedrooms and individually designed bathrooms offer privacy and comfort for extended family and guests. Second- and third-floor coffee bars feature beverage refrigerators and custom cabinetry. The exceptionally spacious second-floor primary suite also offers exciting possibilities for reconfiguration into an expansive private retreat with dual baths, a generous 12x12 walk-in closet, and optional office, as illustrated in available conceptual plans. Outdoor living rivals that of a private luxury resort. A magnificent 10-by-32-foot screened porch features a richly finished wood ceiling, gas fireplace, and overhead heater, creating an inviting three-season entertaining space. Beyond, a heated 12-by-24-foot saltwater pool with water feature anchors the beautifully landscaped grounds, surrounded by expansive paver patios, irrigation, and a seven-foot privacy fence. A front deck, outdoor shower, and off-street parking for six vehicles complete the setting. Additional highlights include whole house Sonos entertainment system, three-zone HVAC, upgraded spray-foam insulation, instant hot water, and a substantial 1,000-square-foot basement with eight-foot ceilings, laundry, half bath, three egress windows, and a private side entrance. The basement offers exceptional potential for future finished living space, subject to applicable approvals. Perhaps most compelling is the property's exceptional scale and rarity. With 10 bedrooms in a location where current zoning reportedly limits new construction to six bedrooms, this 2023 residence cannot be replicated in this neighborhood under current building and zoning codes. Just two blocks from the beach and steps to Dewey's Fifer’s farm market, acclaimed dining, entertainment, and neighboring Rehoboth Beach, the property combines a premier coastal lifestyle with an established luxury rental operation. With a negotiable turnkey furnished package, this professionally decorated, luxury residence is move in ready with no inconvenience or down time. 1432 Bayard Avenue is more than an exceptional beach home—it is a distinctive coastal estate offering luxury, grand scale living, and outstanding investment potential.