Rehoboth Beach Real Estate News

It seems like everybody is looking for a deal too good to be true. The best deals on affordable homes I have seen lately seem to be new construction single family homes located in communities that are a 10 -15 minute drive to the Ocean. Believe it or not new construction homes cost less in these communities than buying used homes.

What kind of prices am I talking about? How about nice 3BR/2BA single family homes with an attached garage starting at $207,000?

Where is this community? Millsboro, Delaware – Long Neck Shores – Capstone Homes.
Call Mike Brown at 302 258 4368 to see it in person.

Want to be a little closer to the Beach? How about a 3BR/2BA with attached garage in Lewes DE, built by “Delaware’s only certified Super Home Builder” starting at $223,900? Located 10 minutes from Lewes Public Beach & Cape Henlopen State Park

Where? Lewes, Delaware – The Ridings at Rehoboth – Insight Homes.
Call Mike Brown at 302 258 4368 to see it in person.

Want to go up-scale on a budget in a community with a pool, clubhouse and it’s own beach and gazebo on the Rehoboth Bay?
$276,900 will purchase a 3BR/2BA 1800sf home with a garage on a half acre lot.

Where? Lewes, Delaware – Bayfront at Rehoboth – RDM Builders.
Call Mike Brown at 302 258 4368 to see it in person.

27 Thompson Court: 4 Bedroom 3 Bath Single Family home on a .27 acre lot in Canal Corkran offered at $649,000

Sales data for Canal Corkran 4BR/3BA Single Family Homes:

Hi: $1,150,000

Low: $740,000

Median: $980,398

Average: $956,799

Standard disclaimer: This post was accurate the day it was written 3/14/2012. The author does not promise this post will be accurate in the future.

SOLD Five days after I mentioned it here!

27545 MAYFIELD ROAD Unit:50 built in 2009

I was out showing property this afternoon and ran across this listing which I think is a great deal.

MLS# 592866 Asking price $133,900

3BR/2.5BA with a Garage & Deck

$1740 yearly condo fees, taxes $662, Trash $350

The community has a small swimming pool and is located next door to a Harris Teeter grocery store.

Priced below many Short Sales & Foreclosures in the area and in excellent condition.

Standard disclosure. The availability and price of this listing were current on the day this was posted (March 9th 2012) This listing will probably sell relatively quickly and may not be available at a later date.

The average home price in the Rehoboth Beach Yacht & Country Club is over $1,000,000. If you like the sound of living in RBYCC but don’t want to spend a million here are four homes priced under $400K

1. 14 Stafford 4BR/2.5BA $389,000
2. 8 Coventry Road 3BR/3.5BA $399,000
3. 10 Surrey Road 4BR/3.5 BA $399,000 Short Sale, AS IS
4. 5 Canterbury Lane 3BR/2BA $399,900

Please click any of the addresses above for additional details.

Price and availability were current as of March 6 2012 but will certainly change in the future.