#DESU2067438, MICHAEL RODRIGUEZ, Listing Office: Jack Lingo - Rehoboth
$2,599,900 List price
507 Jones Ln Rehoboth Beach, DE 19971
5 beds
4 full, 1 partial
2,800 sqft
0.1 acres
$929 / sqft
House
Property details
About 507 Jones Ln
This Rehoboth Beach rental machine ($125,000 in rental income in 2024 and over $110,000 in rentals booked for 2025) is fully furnished and offers an unparalleled living experience. This spacious home offers exceptional comfort with two luxurious owner's retreats, perfect for multigenerational living or private guest accommodations. In addition to these well-appointed suites, the home features another bedroom with its own private ensuite, plus two more bedrooms that share a full bathroom—providing ample space for family and guests alike. Step inside to discover an inviting open floor plan, perfect for both entertaining and relaxation. The spacious living areas are adorned with stylish furnishings, creating a warm and welcoming atmosphere. The gourmet kitchen, equipped with top-of-the-line appliances and ample counter space, is a culinary enthusiast's dream. With five generously sized bedrooms, including a luxurious primary suite, this home provides ample space for rest and rejuvenation. The primary suite features a private en-suite bathroom, ensuring a serene retreat with a large walk-in shower. An additional 3.5 bathrooms are conveniently located throughout the home, offering both comfort and privacy. Outside, enjoy serene surroundings and beautifully landscaped grounds, perfect for outdoor gatherings or simply unwinding in the fresh air. The home's security is enhanced with a state-of-the-art video security system, providing peace of mind and ensuring your privacy. Situated in the vibrant Rehoboth Beach area, this home offers easy access to local amenities, dining, and shopping, allowing you to enjoy the best of coastal living. Whether you're seeking a permanent residence or a vacation retreat, 507 Jones Ln is a remarkable opportunity to experience the charm and sophistication of Rehoboth Beach living. Don't miss your chance to make this stunning property your own! This house comes with a REDUCED RATE as low as 5.875% (APR 6.23%) as of 04/11/2025 through CMG Home Loans. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms and conditions apply
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,800 sqft
Lot size0.11 Acres
Year built2014
ParkingGarage - Front Entry, Driveway,Attached Garage
MLS #DESU2078894
Garage1 space
FireplaceGas/Propane, Mantel(s)
Summary
- MLS Number: DESU2078894
- MLS Name: BRIGHT
- Office Name: Compass
- Office Phone: (302) 273-4998
- Office Email: ashley.hess@compass.com
- Listing Agent: MICHAEL KENNEDY
- Agent Phone: (302) 381-7001
- Agent Email: michael.kennedy@compass.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: 4/25/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,599,900
507 Jones Ln
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 01, 2022 | Home Sold | $2,225,000 |
| Dec 17, 2014 | Home Sold | $994,956 |
| Mar 06, 2013 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $39,150 | $1,964 |
| 2023 | $39,150 | $1,962 |
| 2022 | $39,150 | $1,894 |
| 2021 | $39,150 | $1,843 |
| 2020 | $39,150 | $- |
History based on county public records data.
Nearby schools
9
Rehoboth Elementary School
Public District KG-5
0.4 mi
•500 Stockley St
9
Love Creek Elementary School
Public District KG-5
3.3 mi
•19488 John J Williams Hwy
8
Shields (Richard A.) Elementary School
Public District KG-5
4.8 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 $75,765. Typical income of Rehoboth Beach, DE residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
48%
35k-100k
20%
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?
62%
Single, No Kids
2%
Single, with Kids
32%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
10%
18-34 yrs old
49%
35-64 yrs old
35%
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
Dollar General
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 507 Jones Ln
This home is located at 507 Jones Ln in Rehoboth Beach, DE and zip code 19971. This 2,800 square foot home, which was built in 2014, sits on a 0.11 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $2,599,900.
In March 2025, from all listings sold in Rehoboth Beach, DE there were more than 9 sold above asking price, over 19 sold below and more than 6 were sold right at the asked price. In March 2025 in Rehoboth Beach, DE there were 30.2% more homes for sale than in February. In March 2025 median list price was $800,326 and the average listing age was 69 days.
From Rocket Homes Real Estate and based on county public records data.