Nestled along a serene canal in the desirable Bay Vista neighborhood of Rehoboth Beach, this charming waterfront home offers a one-of-a-kind blend of mid-century modern aesthetics and tranquil natural surroundings. Positioned on a rare corner lot, this property boasts exclusive views overlooking Thompson Island and Rehoboth Bay, offering a picturesque backdrop you won't find anywhere else. The existing home is a 2-bedroom, 1-bath bungalow with a 1-bedroom and bath guest studio. Step into the vaulted ceiling living space featuring beautiful, exposed beams and wooden accents that evoke warmth and character. The spacious screened-in porch provides the perfect spot for al fresco dining while you enjoy scenic views of the canal, surrounded by lush greenery. From morning coffee with the sunrise over the bay to tranquil evenings filled with the sounds of nature, every moment spent here feels like an indulgence. Use the property as-is, build on top of existing structure and footings, or build your unique waterfront dream home. The property boasts built-in value with 3 private docks, perfect for boating enthusiasts or those simply seeking a peaceful escape. Imagine being able to launch your kayak or boat right from your own backyard, exploring the waterways leading to the expansive Rehoboth Bay. Enjoy evenings relaxing in the outdoor space with its comfortable seating or take in the views from the expansive deck by the water's edge. The lot's mature trees provide both beauty and privacy—your own private getaway with no HOA or rental restrictions. Bay Vista is just moments away from the best that Rehoboth Beach has to offer—beautiful beaches, vibrant boardwalk, world-class dining, and charming local shops. Yet, while everything is within easy reach, this property offers a sense of peaceful seclusion that's increasingly hard to find. The private canal-side setting offers easy access to nearby bays, with breathtaking views of the natural beauty of the Delaware shoreline filled with native birds, abundant wildlife and forever views. This is more than just a home—it's an opportunity to immerse yourself in a lifestyle where every day feels like a retreat. Owner is a licensed Realtor.