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.

A letter from a local custom home builder:

“I am selling my house in Wolfe Pointe: I am willing to firesale the house at this point just to get it sold so I can build a house for my family.  I don’t want to build a new house on our lot until I sell the Wolfe Pointe house. Anyway, here are the details:

· The house appraised for $2.453M in November, 2007 (I can send you a PDF of the appraisal)

· The house is 6,600 heated SF and has 5 bedrooms, 5 full baths, and 2 half baths.

· The house won the Regal award for Best Custom Home over $750,000 and the National Award for Best Interior Merchandizing for a home priced over $2M.

· I had an offer on the house for $1.75M plus two weeks on a 165’ yacht that I didn’t take (yes, I am one of those dumb people who didn’t take their first offer and should have)

· I spent $1.71M on the construction of the house at my direct cost and paid $285k for the lot so I have almost $2M in the house

· The house is being sold with or without the furniture.  It includes all the TVs and media equipment (smart home, home theatre, etc)

· I am asking $1.19M without the furniture and $1.25M with the furniture.

If you have anyone who you think might be interested in my house, please let me know.  Somebody is going to get a good deal because this house can’t be recreated for less than $2M.  Because there are renters in the house, I can only give tours to serious buyers.”

This home is not currently on the MLS and you won’t find it on Realtor.com or many other websites.
Please let me know if you are a “Serious Buyer” and I will be happy to arrange a tour.

302 258 4368 – Mike Brown

Not even officially on the market yet, 15869 Willow Creek Road in Lewes Delaware is a 5BR 3.5 BR estate on 6.42 Waterfront Acres on Old Mill Creek with direct access to the Delaware Bay and Atlantic Ocean.

Lewes Delaware 6.42 Acre Estate

Nature trails, horses permitted, large pond with a diving board,  man-made creek, fishing and hunting permitted.

In law suite,  stamped concrete patio and private pool, 2nd floor deck with marsh and creek  views.

There’s nothing remotely similar on the market with these views, this much acreage or as many amenities for half the price.

Lewes Delaware Waterfront home

Act quickly because this one won’t be on the market for long!

Priced at $869,900
Extremely low HOA fee of $200 a year.