502 5TH ST, Rehoboth Beach, DE 19971

• 3 beds |
• 2 baths |
• 1,456 sqft

Property Description

Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts 🚴‍♀️🌿. For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.

Listing Status:

Coming Soon

Date Added:

May 31, 2026

Data Last Updated:

May 20, 2026 at 6:16AM

Listing Office:

Keller Williams Realty : 3023600300

Listing Agent:

Jeffrey Fowler-Gray : 3027273013

MLS ID:

DESU2109908

Interior

• Rooms: Dining RoomBedroom 2Bedroom 3Family RoomBedroom 1Bathroom 1Half Bath
• Laundry: Hookup
• A/C: Central A/C
• Heating: Heat Pump(s)Electric
• Fireplace: FireplaceFireplaces: 1
• Disability Feature: 32"+ wide Doors

Exterior

• General: Outbuilding(s)Above GradeBelow Grade
• Style: Ranch/Rambler

Construction

• General: Modular/Manufactured1Crawl Space

Location

• Originating MLS: BRIGHT_MAIN
• School District: CAPE HENLOPEN
• County: SUSSEX-DE

Lot

• Zoning: GR334-13.00-76.00

Utilities

• Utilities: Cable tv
• Water: Well
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN