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Porsha Lee
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21089 Elizabeth Avenue , Rehoboth Beach, DE 19971

$1,799,000
  • 21089 Elizabeth Avenue , Rehoboth Beach, DE 19971 Main Photo

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New to the Market ACTIVE
BEDS2 BATHS1 full SQUARE FEET812 MLS#DESU2112446
STATUSACTIVE PROPERTY TYPEResidential - Single Family SUBDIVISIONANN ACRES SCHOOLCAPE HENLOPEN

Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

21089 Elizabeth Avenue | MLS# DESU2112446

This single family home located at 21089 Elizabeth Avenue , Rehoboth Beach, DE 19971 is currently listed for sale with an asking price of $1,799,000. This property was built in 1957 and has 2 bedrooms and 1 full baths with 812 sq. ft. Elizabeth Avenue is located in the ANN ACRES subdivision within the CAPE HENLOPEN school district. Search ANN ACRES real estate on porshalee.maverickrealtyusa.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partial
Basement: Yes
Cooling: Central A/C
Fireplaces: 1
Fuel Type: Electric
Heating: Forced Air
Home Style: Ranch/Rambler
Lot Size: 0.11 Acres
Stories: 1.0
Taxes: $1,430
Year Built: 1957

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Building Name: NONE AVAILABLE
Days on Site: 1
Exterior: Aluminum Siding
Fireplace: Brick
Lot Dimensions: 0.11 Acre(S)
Number of Rooms: 5
Sewer: Public Sewer
SQFT Above Finished: 812
SQFT Total Finished: 812
Structure Type: Detached
Utilities: Above Ground
Water: Public

Local Schools

High School: CAPE HENLOPEN
School District: CAPE HENLOPEN

Listed By / Shown By

Listed By

Agency Name: Patterson-Schwartz-Brandywine
Agency Phone: 3024750800

Shown By

Agent Name: Porsha Lee
Agent Phone: (267) 344-6364
Agency Title: Maverick Realty, LLC

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Estimated Payment

$ 4,647.67 per month $4,003.79 Principal & Interest $119.17 Property Tax $524.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/22/2026. The listing information on this page last changed on 05/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/22/2026 11:48:42 AM EST) or Bright MLS (last updated Fri 05/22/2026 11:31:37 AM EST). Real estate listings held by brokerage firms other than Maverick Realty, LLC may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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