UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $1,662
Subdivision Rehoboth By The Sea
MLS Listing ID DESU2112650
Style Coastal,Cottage
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,080
Land Lease Amount 22037.0
Land Lease Frequency Annually
Year Built 1980
Annual Tax Amount $1,055
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Detached
Source BRIGHT
Property Description
A quintessential North Dewey beach cottage, this charming 3-bedroom, 2-bath home blends nostalgic beach character with thoughtful updates designed for today's coastal lifestyle. The property has undergone numerous renovations over the years, highlighted by a spacious updated kitchen that serves as the heart of the home—perfect for gathering after a day at the beach.
Inside, the home offers an inviting and airy layout with comfortable gathering spaces ideal for relaxed entertaining. Outdoor living takes center stage with an expansive rear deck overlooking a generously sized backyard with ample room for a pool, creating exceptional potential for enhancing both lifestyle, rental revenue and long-term value. Lush landscaping and multiple outdoor entertainment areas provide the perfect backdrop for summer evenings, morning coffee, or casual gatherings with friends and family.
Located within the desirable Rehoboth by the Sea, the property is situated on leased land with approximately 48 years remaining on the current land lease—offering an opportunity to enjoy beach living in one of coastal Delaware's most coveted communities at a more approachable price point than nearby fee simple properties.
The property has also proven itself as a strong income-producing investment, with over $68,000 in booked rental reservations for the 2026 season already on the calendar, highlighting both its desirability and exceptional rental potential.
Ideally positioned just steps from the beach and Dewey Beach's vibrant dining, nightlife, and coastal attractions, enjoy easy access to local favorites like The Starboard, Bottle & Cork, and Woody's Dewey Beach for their famous crab cakes. Downtown Rehoboth Beach, with its boutique shopping and acclaimed dining destinations including Back Porch Café, Fable, and Henlopen City Oyster House, is just a mile away. Park the car, hop on a bike, or catch the Jolly Trolley and enjoy the very best of coastal living.
Whether enjoyed as a nostalgic personal getaway, rock solid rental investment, or long-term beach retreat, 115 Jersey Street offers a rare opportunity to own a piece of classic Dewey Beach charm in an exceptional location.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning R1
Direction South
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Area, Ceiling Fan(s)
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Heat Pump(s)
Flooring Hardwood
Inclusions Most furnishings as shown
Equipment Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
Furnishings Yes
Fireplace N
Window Features Screens
Appliance Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
Heat Source Electric
Laundry Main Floor
Exterior
Exterior Feature Porch(es), Enclosed, Patio(s)
Garage Spaces 2.0
Fence Partially
Water Access Y
Water Access Desc Public Beach
Roof Type Asbestos Shingle
Accessibility 36\"+ wide Halls, Level Entry - Main
Porch Porch(es), Enclosed, Patio(s)
Total Parking Spaces 2
Garage N
Building
Lot Description Partly Wooded
Story 1
Foundation Pillar/Post/Pier, Crawl Space
Above Ground Finished SqFt 1080
Sewer Public Sewer
Water Public
Architectural Style Coastal, Cottage
Level or Stories 1
Additional Building Above Grade
Structure Type Vaulted Ceilings
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Pets Allowed Y
Senior Community No
Tax ID 334-20.10-106.00-2472
Ownership Land Lease
SqFt Source 1080
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Dogs OK, Cats OK
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