20389 MALLORY SQUARE CIR, Rehoboth Beach, DE 19971

• 5 beds |
• 4 baths |
• 2,955 sqft

Property Description

BACK ON MARKET and priced to sell!!!! Great opportunity to own a beach home that is literally walking, biking distance to beaches, bike trails, shopping and route 1. Also, ideal for the smart investor. Community allows seasonal rentals and long-term rentals. “5BR Beach Home | Just minutes from the beach | Walk to Dining | Rental Income Opportunity” Welcome to Keys of Marsh Harbor, where coastal convenience meets exceptional investment potential. This spacious 5-bedroom, 4-bath home is located within walking distance to popular restaurants and shopping and just minutes from the beach, making it an ideal coastal retreat, full-time residence, or high-demand vacation rental. With five generously sized bedrooms, including two private en-suite retreats, the home offers plenty of space for family, guests, and vacation renters. The open main living area flows seamlessly from the bright family and dining space into a large, well-appointed kitchen, creating the perfect gathering space after a day at the beach. Step outside to the screened porch, an inviting place to enjoy morning coffee, evening cocktails, or relaxing coastal breezes. One of the biggest advantages of owning in Keys of Marsh Harbor is the maintenance-free lifestyle. The association takes care of exterior maintenance—including roofing, siding, and landscaping—so you can spend more time enjoying the community’s pool and tennis courts, nearby beaches, restaurants, and shopping. With five bedrooms in a prime beach-area location, this home offers an incredible rental income opportunity with strong appeal for seasonal vacation renters as well as long-term tenants. Whether you're searching for a coastal getaway, full-time residence, or a smart investment property, this home delivers the perfect combination of space, location, amenities, and income potential just minutes from the Delaware beaches. Easy to show!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:16AM

Listing Office:

Iron Valley Real Estate at The Beach : 3025418787

Listing Agent:

Laurie N. Ferris : 3026320675

MLS ID:

DESU2106474

Interior

• General: Ceiling Fan(s)Dining AreaPantryPrimary Bath(s)Recessed LightingWalk-in Closet(s)
• Rooms: Dining RoomBedroom 2Bedroom 3KitchenBedroom 1Great RoomBathroom 1Bathroom 2Screened Porch
• Appliances: Built-In MicrowaveDishwasherENERGY STAR RefrigeratorOven/Range - Electric
• Laundry: Main Floor
• A/C: Central A/C
• Heating: Forced AirPropane - Metered
• Fireplace: Gas/PropaneFireplaceFireplaces: 1
• Disability Feature: None

Exterior

• General: BBQ GrillGutter SystemTennis Court(s)Above GradeBelow Grade
• Style: CoastalContemporary

Construction

• General: FrameAluminum Siding2Crawl Space

Location

• HOA Amenities: Pool - OutdoorTennis CourtsCommon Area MaintenanceExt Bldg MaintInsuranceLawn MaintenancePest ControlReserve FundsPool(s)Road MaintenanceSnow RemovalTrash2104.0Quarterly
• Originating MLS: BRIGHT_MAIN
• School District: CAPE HENLOPEN
• County: SUSSEX-DE

Lot

• Zoning: MR334-19.00-154.01-60

Utilities

• Utilities: Propane community
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN