Rehoboth Beach, DE 19971 37430 5Th Street

Waterfront quarter-acre parcel in the beautiful Bay Vista community of Rehoboth! Just over a mile from downtown Rehoboth Beach, this oversized lot measures 101 x 125 and features million-dollar views all the way to Thompson Island, Dewey Beach, and Rehoboth Bay. The existing residence is a block bungalow configured as a 2-bedroom 1-bath cottage with an additional 1-bedroom 1-bath unit connected via trellis. Use the existing home immediately while you develop plans or rent one or both units. With no HOA or rental restrictions, this is an unparalleled opportunity to own a premium parcel with direct water access, a boater and birder's paradise! Offering both seclusion and convenience, with 3 private docks already in place, the possibilities for enjoying waterfront living are endless. Launch your boat or kayak for a day of exploring Rehoboth Bay, or simply relax by the canal as you take in the stunning views. This lot provides a unique foundation for a lifestyle filled with adventure and tranquility. Whether you're an investor or looking to build your forever home, this is a rare value...a chance to secure a prime waterfront lot with immense potential. Don't miss the opportunity to craft your own oasis! Embrace the coastal lifestyle of this hidden treasure. Appointment required to walk property. Owner is a licensed Realtor.