1 & 3 CULLEN ST, DEWEY BEACH

Listing Office: Ocean Atlantic Sotheby's International Realty

12 Beds, 11 Baths
$10,999,900

MLS#: DESU134836

Discover Sandaway - an oceanfront coastal retreat with two homes on a large oceanfront .79 acre lot built in 1939 by Alexis Felix DuPont. The front main house boasts 7,035 heated square feet situated on a 26,692 square foot lot. The home features stunning details including six fireplaces, curved staircase, wrap around decks, sunroom, gourmet kitchen with Wolf Appliances and granite counters, great room, living room, formal dining room, den, sauna, basement, outdoor shower, seven bedrooms, and seven baths. Almost every room has unobstructed ocean views. The guest house is 2,922 square feet heated on a 7,906 square foot lot. Home features kitchen open to dining room and great room, large screened porch, five bedrooms, four bathrooms, patio, outdoor shower, and more! Large parking area for 10 to 15 cars and room for a pool! Both homes convey furnished. Buyer must honor 2020 rentals. 2019 rental income $237,507, 2018 rental income $277,291 and 2017 Rental income $243,567. Rare opportunity for .79 acres on the ocean! Rehoboth by the Sea fee simple lot with no ground rent. Private walkway to the beach shared with one other home. Enjoy the guarded beach, sunrises over the ocean, and walk to Dewey and Rehoboth restaurants and attractions. Come be a part of this oceanfront luxury estate! UPDATE JUNE/JULY 2020 PRELIMINARY APPROVALS FOR PROPOSED THREE LOT SUBDIVISION. PROPOSED PLANS AVAILABLE FOR REVIEW (TWO ON OCEAN AND ON BEHIND THOSE TWO LOTS).

Virtual Tour

Building Name:

School District: 
CAPE HENLOPEN
Structure Type: 
Detached
Style: 
Coastal
Ownership: 
Fee Simple
Year Built: 
1939
Living Area SQFT Total: 
9,957
Lot Size SQFT: 
34,589
Lot Size Acres: 
0.79
Levels: 
3
Bedrooms: 
12
Full Bathrooms: 
11
Half Baths: 
0
City Tax: 
$663.00 Annually
County Tax: 
$7,942.00 annually
School Tax: 
$ 6,542.00
Parking Features: 
Gravel Driveway
Construction Materials: 
Cedar
Roofing: 
Architectural Shingle

Exterior Features:

Porch And Patio: 
Wrap Around
Other Structures: 
Below Grade
Pool: 
No Pool
Fencing: 
Partially

Delaware Real Estate: 1 & 3 cullen street

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