22 Cedar Rd, Rehoboth Beach, De 19971

$2,395,000

Price Redcued!!! Prime Oceanblock Real Estate In North Shores. Large 75' X 125' Wooded Lot Located Just 10 Houses From The Pristine, Private Beaches Of North Shores. Improved By 3 Bedroom, 2 Bath Home With Vaulted Ceilings And Spacious Rear Porch. Community Recreational Facilities Include A Magnificent Pool, Tennis Courts, Clubhouse, Marina And Security. Private Residential Setting And Yet Just A Short Walk Or Bike Ride To The Rehoboth Boardwalk, Many Fine Restaurants, Shopping, Funland, Entertainment, Cape Henlopen State Park Bike Trails, And Much More. Rental Income Of $27,000 In Place For Summer Of 2024. Opportunity To Collect Rental Income While Designing And Permitting For Remodel Or New Home Construction Start In The Fall. Excellent Candidate For A 1031 Exchange. Additional Community Information Available At Northshores.net