$2,150,000

505 King Charles Ave Rehoboth Beach, DE 19971

$10,000
Closing credit¹
4 beds
1 full, 1 partial
1,100 sqft
0.1 acres
$1,955 / sqft
House

Property details

About 505 King Charles Ave

Terrific Opportunity. Rare to The Market in a Highly Desirable Location in the Heart of Downtown South Rehoboth One Block from the Beach. Classic 4 Bedroom, 1.5 Bath Charming Cottage in Excellent Condition on a 50X100 Ft. lot with a Quaint Open Floor Plan with Beautiful Wood Flooring, a Brick Fireplace and a Convenient Eat-in Kitchen that Leads to the Quiet & Relaxing Rear Three Season Back Porch with a Private Back Yard and an Additional One Bedroom Charming Cottage for Quests. No HOA fees, City of Rehoboth Sewer & Water and also Convenient Trash Pick-Ups along with a Private Driveway for Parking up to Three Cars and a Great Relaxing Front Porch all located One Block from the Beach and steps to Downtown Rehoboth Beach and all Activities. Being Sold As Is, Fully Furnished with a solid Rental History and the Home is Not in a Flood Zone. Also No Builder Tie-In if being considered. Great Location with a Great Price .

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size1,100 sqft
BasementYes
Lot size0.11 Acres
Year built1940
ParkingConcrete Driveway,Private, Driveway,On Street
MLS #DESU2078306
FireplaceNon-Functioning

Summary

  • MLS Number: DESU2078306
  • MLS Name: BRIGHT
  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 227-6101
  • Listing Agent: DAVID T. KING
  • Agent Phone: (302) 233-5099
  • Agent Email: dtking5509@gmail.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: 3/15/2025, 12:20:52 AM 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

view of front of home featuring central AC unit and a porch

$2,150,000

505 King Charles Ave

$10,000

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

YearAssessmentProperty Tax
2024$14,500$714
2023$14,500$714
2022$14,500$689
2021$14,500$682
2020$14,500$680
2018$14,500$636
2017$14,500$609

History based on county public records data.

Nearby schools

9

Rehoboth Elementary School

Public District KG-5

0.6 mi

500 Stockley St

9

Love Creek Elementary School

Public District KG-5

4.0 mi

19488 John J Williams Hwy

8

Shields (Richard A.) Elementary School

Public District KG-5

5.4 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 $73,269. The most common annual income of people living in Rehoboth Beach, DE is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

10%
<35k
60%
35k-100k
15%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
2%
Single, with Kids
29%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
0%
12-17 yrs old
11%
18-34 yrs old
47%
35-64 yrs old
37%
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
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • InfinitiInfiniti

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

Living in Rehoboth Beach, DE

About 505 King Charles Ave

This home is located at 505 King Charles Ave in Rehoboth Beach, DE and zip code 19971. This 1,100 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $2,150,000.

Over 2 listings were sold over their listed price in February 2025 in Rehoboth Beach, DE. In the same period over 15 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Rehoboth Beach, DE between January and February 2025 increased by 9%. The median list price of listings available in February 2025 was $765,000, while the average time on the real estate market was 76 days.

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

More resources