Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Home Town Realty
Property view

38180 Terrace Rd, 
Rehoboth Beach, DE 19971

$2,300,000


3

Beds


4

Baths


1,600

Sq Ft


Single Family

Sold

Listed by

Joseph S Maggio Jr.

Kim Hitchens

Bought with Long & Foster Real Estate, Inc.

Dave Mccarthy & Associates, Inc., 3024262080

MLS#

DESU2045668

Source:

BRIGHTMLS

Sorry, we are unable to map this address

About This Home

38180 Terrace Rd

2 Lots just outside town limits just 2.5 blocks from the iconic Boardwalk and the shimmering Atlantic Ocean. build two homes and share the pool. , The existing Cottage is a charming classic is nestled on not one, but two spacious lots in the desirable Silver Lake Manor neighborhood. A true retreat that combines the convenience of downtown Rehoboth with a sense of serene privacy. Step inside this picturesque home and prepare to be captivated. Boasting alluring Cottage Chic upgrades, including gleaming stainless steel appliances, stunning Carrera marble countertops, farm sink, upgraded cabinetry, and a generously sized, 19x23 screened porch for outdoor living, every aspect has been meticulously designed to offer both style and comfort. The striking property itself presents an enticing opportunity for local high-end builders, while at the same time, it should not be underestimated as a hidden gem in its own right. With a full basement for additional space and storage, a large heated pool adorned by gas torches with fenced yard ensuring privacy and security, and a delicate touch of original knotty pine, this well-cared-for home offers the epitome of comfortable living. Although it has never been rented before, the potential for this exquisite property to generate over $100K per season is evident, making it an exceptional investment opportunity. But for now, take a moment to unwind on the charming back deck and savor the breathtaking sunsets with a refreshing beverage in hand. Let the cares of the day melt away as you embrace the truly endless beauty that surrounds you.

Home Facts

Single Family

4 Baths

3 Bedrooms

Built in 1974

Price Summary

2,550,000

$1,593 per Sq. Ft.

MLS #:

DESU2045668

Sold:

November 6, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

1,600 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch/Rambler

Building Area:

1,600 Sq. Ft.

Year Built:

1974


Lot

Lot Size (Sq. Ft):

13,939


Finances & Disclosures

Finances

Price:

$2,550,000

Price per Sq. Ft:

$1,593 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.