$5,166 Closing Credit¹
#DESU2079264, Asa McCune, Listing Office: Patterson-Schwartz-Rehoboth
$425,000 List price
20784 E Dr Unit 507 Rehoboth Beach, DE 19971
$5,047
Closing credit¹
1 bed
1 full, 1 partial
1,100 sqft
$386 / sqft
Condo
Property details
About 20784 E Dr Unit 507
Welcome to the desirable community of Spring Lake! This well-maintained one-bedroom, one-and-a-half-bath condo offers the perfect blend of comfort and convenience. Previously a rental, this home is in immaculate condition and doesn’t show like one. Being sold fully furnished, it’s ready for immediate enjoyment by its new owners. A standout feature of this condo is the queen-sized Murphy bed in the living room, providing extra sleeping space and enhancing its rental potential. This phase of Spring Lake allows for weekly rentals, making it a fantastic income-generating opportunity. Just steps away, enjoy the community pool, and take a short stroll to the beach, as well as all the fantastic shops and restaurants in downtown Rehoboth and vibrant Dewey Beach. For those who love nature, the peaceful walking trails in the Thompson Island Preserve along Rehoboth Bay offer a perfect escape. This condo is priced to sell and provides a wonderful opportunity to add your own personal touch. Whether you're seeking a vacation home, an investment property, or a primary residence, this Spring Lake gem is ready for you to make it your own!
Highlights
Home typeCondominium
HeatingHeat Pump
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size1,100 sqft
Year built1988
ParkingOn Street
MLS #DESU2073464
ViewPond
Summary
- MLS Number: DESU2073464
- MLS Name: BRIGHT
- Office Name: Jack Lingo - Rehoboth
- Office Phone: (302) 227-3883
- Listing Agent: CHRISTINA HAAG
- Agent Phone: (302) 226-6612
- Agent Email: christina@jacklingo.com
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: 4/17/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$425,000
20784 E Dr Unit 507
$5,047
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $22,950 | $1,528 |
| 2023 | $22,950 | $1,527 |
| 2022 | $22,950 | $1,485 |
| 2021 | $22,950 | $1,474 |
| 2020 | $24,550 | $1,470 |
History based on county public records data.
Nearby schools
9
Rehoboth Elementary School
Public District KG-5
0.5 mi
•500 Stockley St
9
Love Creek Elementary School
Public District KG-5
3.7 mi
•19488 John J Williams Hwy
8
Shields (Richard A.) Elementary School
Public District KG-5
5.6 mi
•910 Shields Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,716. Typical income of Rehoboth Beach, DE residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
23%
<35k
37%
35k-100k
26%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
10%
18-34 yrs old
54%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Panera
Cracker Barrel
What do the neighbors drive?
Lincoln
Infiniti
Lexus
What do the neighbors listen to?
News/Talk/Information
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rehoboth Beach, DE
About 20784 E Dr Unit 507
This home is located at 20784 E Dr Unit 507 in Rehoboth Beach, DE and zip code 19971. This 1,100 square foot home was built in 1988. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 3, 2024 and is currently priced at $425,000.
Rehoboth Beach, DE housing market in March 2025 saw over 9 listings sold above listed price, more than 6 sold at listed price and over 19 sold below. In March 2025 in Rehoboth Beach, DE there were 30.2% more homes for sale than in February. Listings spent 69 days on the market in March 2025, and had a median list price of $800,326 during the same period.
From Rocket Homes Real Estate and based on county public records data.