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$3,195,000

120 Read Ave Dewey Beach, DE 19971

5 beds
3 full, 1 partial
2,800 sqft
0.1 acres
$1,141 / sqft
House

Property details

About 120 Read Ave

The party starts here. This 5-bedroom bay block stunner with elevator is made for year-round memories, from sunny days to crisp fall weekends and everything in between. Just one block to the ocean, a half block to the bay, and packed with everything you need for serious fun in the sun. Bring the crew. There’s room for everyone. Lounge by your private pool with river jets for swimming, hop on your bike to the beach, or grab the boat from the nearby marina. Start with cocktails at your private outdoor bar, fire up the grill for a backyard BBQ, and enjoy the game area before heading to the pool. Take in the sunset from the upper deck, sip your morning coffee on the deck off the primary suite, or unwind on the second deck just off the family room. There’s plenty of storage for bikes and beach gear, sun decks to soak in the Dewey vibe, and space to spread out. Thinking investment? This home has major rental potential. 120 Reed Avenue is more than a beach house. It’s a full-on summer lifestyle that just spells F-U-N.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,800 sqft
Lot size0.14 Acres
Year built2015
ParkingStone Driveway, Off Street,Driveway
MLS #DESU2088218
ViewBay

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Basement: No
  • Total Bedroom Count: 5
  • Parking: Stone Driveway, Off Street,Driveway
  • View: Bay
  • Architectural Style: Coastal
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $3,195,000
  • Price/SqFt: $1,141
  • Annual Tax Amount: $2,526
  • Tax Year: 2024
  • Lot: Cleared
  • Directions: From Highway One, turn onto Read (bayside), home on left.
  • Year Built: 2015
  • Stories: 1
  • Living Area: 2,800 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: DESU2088218
  • MLS Name: BRIGHT
  • Office Name: RE/MAX Realty Group Rehoboth
  • Office Phone: (302) 227-4800
  • Office Email: dolores@rehobothre.com
  • Listing Agent: Debbie Reed
  • Agent Phone: (302) 227-3818
  • Agent Email: debbie@debbiereed.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 2:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 03, 2014
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2024$44,800$2,526
2023$44,800$2,524
2022$44,800$2,447
2021$44,800$2,428

History based on county public records data.

Nearby schools

9

Rehoboth Elementary School

Public District KG-5

1.4 mi

500 Stockley St

9

Love Creek Elementary School

Public District KG-5

4.4 mi

19488 John J Williams Hwy

8

Shields (Richard A.) Elementary School

Public District KG-5

6.5 mi

910 Shields Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $94,167. The majority of Dewey Beach, DE residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

23%
<35k
29%
35k-100k
25%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
4%
Single, with Kids
29%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
11%
18-34 yrs old
51%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 120 Read Ave

The listing price of 120 Read Ave property is $3,195,000.

The property 120 Read Ave is a house located in Dewey Beach, Delaware, 19971.

Active Listing: 120 Read Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 120 Read Ave are: Rehoboth Elementary School (GreatSchools Rating 9/10), Love Creek Elementary School (GreatSchools Rating 9/10), Shields (Richard A.) Elementary School (GreatSchools Rating 8/10), Beacon Middle School (GreatSchools Rating 7/10), Millsboro Middle School (GreatSchools Rating 3/10), Mariner Middle School (GreatSchools Rating 5/10), Cape Henlopen High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Sussex Central High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $2,526 (source: MLS/based on county public records data).

The last sale was on September 3, 2014 for $450,000 (source: MLS/tax record).

The property at 120 Read Ave has 5 bedrooms and 3 full and 1 half bathrooms.

The property 120 Read Ave is 2,800 SqFt (source: MLS/tax record).

The year of construction for 120 Read Ave is 2015.

This home is located at 120 Read Ave in Dewey Beach, DE and zip code 19971. This 2,800 square foot home, which was built in 2015, sits on a 0.14 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 8, 2025 and is currently priced at $3,195,000.

The number of listings in Dewey Beach, DE increased by 70% between May and June 2025. The median list price of listings available in June 2025 was $1,575,000, while the average time on the real estate market was 102 days.

From Rocket Homes Real Estate and based on county public records data.

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