Backup offers
$4,869 Closing Credit¹
#DESU2074788, PAUL MALTAGHATI, Listing Office: Monument Sotheby's International Realty
$5,402
closing credit¹
20796 E Dr Unit 516 Rehoboth Beach, DE 19971
$454,900 List price
$5,402
Closing credit¹
1 bed
1 full, 1 partial
1,100 sqft
36.6 acres
$414 / sqft
Condo
Property details
About 20796 E Dr Unit 516
A price adjustment!! Welcome to Unit 516 in the highly sought after 5th phase of Spring Lake. This beautifully remodeled unit offers serene pond views and has been thoughtfully designed with modern finishes. The upgraded kitchen features quartz countertops, stainless steel appliances, and a stunning backsplash, making it a dream for any chef. Throughout the home, elegant shiplap accents add character and charm. Enjoy the tastefully remodeled bathrooms, plush new carpet, and a cozy wood-burning fireplace. The owners have also enhanced the outdoor space with ceiling coverings, ensuring year-round enjoyment without concerns about water seepage on the deck. Spring Lake is ideally located withing walking distance to the vibrant scenes of downtown Rehoboth and Dewey, as well as the beach. It features walking paths in the Thompson Island Preserve, and a community pool. Don't miss your chance to own this exceptional property! Now priced below the newly assessed value! Exceptional value for this beautifully remodeled condo!
Highlights
Home typeCondominium
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size1,100 sqft
Lot size36.57 Acres
Year built1988
ParkingAssigned, Parking Lot,On Street
MLS #DESU2073662
FireplaceWood
ViewPond
Summary
- MLS Number: DESU2073662
- MLS Name: BRIGHT
- Office Name: Jack Lingo - Rehoboth
- Office Phone: (302) 227-3883
- Listing Agent: CHRISTINA HAAG
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: 2/3/2025, 5:20:55 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
$454,900
20796 E Dr Unit 516
$5,402
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 17, 2017 | Home Sold | $265,000 |
| Dec 08, 2014 | Home Sold | $249,000 |
| Sep 10, 2012 | Home Sold | $182,500 |
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
3.8 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. The most common annual income of people living in Rehoboth Beach, DE is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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 20796 E Dr Unit 516
This home is located at 20796 E Dr Unit 516 in Rehoboth Beach, DE and zip code 19971. This 1,100 square foot home, which was built in 1988, sits on a 36.57 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $454,900.
In January 2025, from all listings sold in Rehoboth Beach, DE there were more than 6 sold above asking price, over 23 sold below and more than 7 were sold right at the asked price. The number of listings in Rehoboth Beach, DE decreased by 1.7% between December and January 2025. While the average time on the market in January 2025 was 64 days, the median list price was $769,280.
From Rocket Homes Real Estate and based on county public records data.