MLS: #DESU2109908, Listed By: Jeffrey Fowler-Gray, Keller Williams Realty, Source:Bright MLS
502 5th Street
REHOBOTH BEACH, DE 19971
3
Bed
2
Bath
1,456Sqft
0.23Acre(Lot)
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 manufact
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 7 Basement: Crawl Space -
Flooring Information
Laminate, Carpet -
Heating & Cooling
Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 1980 Building Area Total: 1456 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.23 Lot Size Source: Estimated Lot Size Square Feet: 10019 Lot Description: LevelProperty Information
Subdivision: TRU VALE ACRES Source Property Type: Residential Postal Code Plus 4: 9633 Zoning Description: manufactured, modular, stick built Property SubType: Manufactured Home Levels: One Property Age: 46
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Listing Price Information
Listing Price: $389900
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Tax Information
Parcel Number: 334-13.00-76.00 Tax Lot: 86 Tax Year: 2025 Annual Tax: $757
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Parking Information
Parking Total: 4 Concrete, DrivewayGarage Information
Pets Allowed: Yes
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Utility Information
Cable Available -
Location Information
Direction: From RT 1, turn onto Munchy Branch, turn onto Midway Dr, turn right onto 5th St. The home is on the right. Sign in Yard. WaterSource: Public, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 87 Branchwood Drive #E-20, Rehoboth Beach, DE, 19971 | $214,900 | 3 | 2 | 1,884 | 1,884 SqFt |
| 19958 Dodd Avenue #G-18, Rehoboth Beach, DE, 19971 | $150,000 | 2 | 2 | 900 | 900 SqFt |
| 19952 Atlantic Ave Ave, Rehoboth Beach, DE, 19971 | $139,900 | 3 | 2 | 1,200 | 1,200 SqFt |
| 19972 Atlantic Avenue #.., Rehoboth Beach, DE, 19971 | $49,999 | 3 | 1 | 840 | 840 SqFt |
| 19762 Sea Air Avenue #AAA, Rehoboth Beach, DE, 19971 | $269,900 | 3 | 2 | 1,680 | 1,680 SqFt |
| 19948 Atlantic Avenue, Rehoboth Beach, DE, 19971 | $169,900 | 3 | 2 | 1,444 | 1,444 SqFt |
| 36259 Skyview Street, Rehoboth Beach, DE, 19971 | $59,900 | 2 | 2 | 720 | 720 SqFt |
| 36298 Marsh Road, Rehoboth Beach, DE, 19971 | $79,900 | 3 | 2 | 1,248 | 1,248 SqFt |
| 20019 Golden Avenue, Rehoboth Beach, DE, 19971 | $119,000 | 2 | 2 | 996 | 996 SqFt |
| 21261 M Street, Rehoboth Beach, DE, 19971 | $119,900 | 2 | 2 | 1,114 | 1,114 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/22/2026 @ 14:34
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