Debbie Reed, Listing Office: RE/MAX Realty Group Rehoboth
8 Canal St Rehoboth Beach, DE 19971
$2,999,000 List price
5 beds
4 full, 1 partial
4,035 sqft
0.1 acres
$743 / sqft
House
Property details
About 8 Canal St
Incredible Opportunity with significant price improvement!!! Just completed in October 2024, this stunning brand-new custom home redefines luxury beach living in Downtown Rehoboth Beach—no need to wait for construction! This extraordinary classic cottage-style residence, infused with modern elegance, is designed for the most discerning buyer. The main level features soaring 10-foot coffered ceilings and exquisite coastal decor, professionally decorated to create an inviting atmosphere that exudes relaxed sophistication. The layout flows seamlessly into a fully equipped, state-of-the-art open-concept kitchen, perfect for culinary enthusiasts and entertaining guests. Ample living and dining spaces, complete with a bar and gas fireplace, enhance the entertaining experience. The main living area overlooks the magnificent 27x12-foot saltwater pool, equipped with custom lighting and fountains that set the mood for an enchanting resort experience, including an indoor/outdoor Sonos sound system and an oversized professionally landscaped, fenced yard Designed with privacy and comfort in mind, this home boasts five beautifully crafted bedrooms, each reflecting exceptional attention to detail. The bathrooms are equally impressive, featuring luxurious finishes and modern designs that elevate your daily routine. This property is ready for its new owners to move in and make it their own. All three levels feature low-maintenance luxury vinyl flooring, perfect for the beach lifestyle. The finished basement offers a blank canvas for a media room, home gym, or wine cellar, bringing the total conditioned space to over 4,000 heated square feet. Enjoy the convenience of being “In-Town” within walking distance to your favorite restaurants, shops, bike trails, city dock, farmers market and the beach, making every day feel like a vacation. Experience the perfect blend of classic charm and contemporary luxury in this remarkable Rehoboth Beach home. This is a one-of-a-kind property on a 6,100 sq foot lot with a 40-foot-deep rear yard. Don’t wait to make this resort home your very own! Rental projections are $15,000 per week mid June through Labor Day.
Highlights
Home typeSingle Family Residence
HeatingCentral, Heat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingHeat Pump, Central Air
Size4,035 sqft
BasementYes
Lot size0.14 Acres
Year builtNew Const., 2024
ParkingPaved Driveway, Driveway,Off Street
MLS #DESU2072636
FireplaceGas/Propane
Summary
- MLS Number: DESU2072636
- MLS Name: BRIGHT
- Office Name: Monument Sotheby's International Realty
- Office Phone: (302) 227-6767
- Office Email: justin.healy@msir.net
- Listing Agent: Michael Reamy Jr
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: 1/26/2025, 10:21:30 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
$2,999,000
8 Canal St
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 |
|---|---|---|
| 2021 | $7,050 | $331 |
| 2020 | $7,050 | $330 |
| 2018 | $7,050 | $309 |
| 2017 | $7,050 | $296 |
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
3.2 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. The majority of Rehoboth Beach, DE residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically 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
Similar homes for sale
Michael Reamy Jr, Listing Office: Monument Sotheby's International Realty
JEANMARIE CLAVIER, Listing Office: Jack Lingo - Rehoboth
Coming soon
$10,000 Closing Credit¹
Michael Clavier, Listing Office: Jack Lingo - Rehoboth
$10,000 Closing Credit¹
Kimberly Lear Hamer, Listing Office: Monument Sotheby's International Realty
$10,000 Closing Credit¹
Kimberly Lear Hamer, Listing Office: Monument Sotheby's International Realty
SHAUN TULL, Listing Office: Jack Lingo - Rehoboth
$10,000 Closing Credit¹
Corey J Harris, Listing Office: Crown Homes Real Estate
$10,000 Closing Credit¹
Kimberly Lear Hamer, Listing Office: Monument Sotheby's International Realty
Backup offersVideo tour
$10,000 Closing Credit¹
SKIP FAUST III, Listing Office: Coldwell Banker Premier - Rehoboth
Frequently asked questions
Living in Rehoboth Beach, DE
About 8 Canal St
This home is located at 8 Canal St in Rehoboth Beach, DE and zip code 19971. This 4,035 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $2,999,000.
Over 2 listings were sold over their listed price in December 2024 in Rehoboth Beach, DE. In the same period over 20 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Rehoboth Beach, DE decreased by 2.2% between November and December 2024. Listings spent 42 days on the market in December 2024, and had a median list price of $754,790 during the same period.
From Rocket Homes Real Estate and based on county public records data.