115 Jersey St, Dewey Beach, DE 19971

$1,795,000
3
BD
2
BA
1,080
SqFt

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List Price
$1,795,000
Days on Market
57
Status
ACTIVE UNDER CONTRACT
MLS#
DESU2112650
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,080
Lot Size (Acres)
0.11
Style
Coastal, Cottage
Year Built
1980
County
Sussex
School District
Cape Henlopen

Property Description

Imagine stepping back into the golden era of beach living at 115 Jersey Street—a classic coastal retreat in much sought-after Rehoboth by the Sea, just over one block from the ocean. 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.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Rehoboth By The Sea
Taxes
$1055
Interior Features
Breakfast Area, Ceiling Fan(s)
School District
Cape Henlopen
Elementary School
Rehoboth
Middle School
Beacon
High School
Cape Henlopen
Flooring
Hardwood
Exterior Features
Outside Shower
Heating
Heat Pump - Electric BackUp
Heating Fuel
Electric
Cooling
Heat Pump(s)
Roof
Asbestos Shingle
Water
Public
Sewer
Public Sewer
Lot Lease Amount
$22037
Lot Lease Amount Frequency
Annually

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Monument Sotheby's International Realty. Contact: (302) 227-6767