Imagine stepping back into the golden era of beach living at 124 Jersey Street—an exceptionally rare Fee Simple opportunity in Rehoboth by the Sea just two blocks from the ocean. Originally built as a quintessential North Dewey beach retreat, this classic 3-bedroom, 2-bath Windjammer cottage has been thoughtfully improved while preserving its authentic coastal character. In 2021, the property underwent significant structural enhancements, including lifting of the home by East Coast Structural to allow for the addition of a full foundation and insulated crawlspace. Major infrastructure improvements were completed at that time, including new plumbing, updated electrical systems, ductless mini-split HVAC, new siding and upgraded insulation—capital improvements that provide both peace of mind and long-term durability. The home is further complemented by its distinctive and durable red metal roof, adding both architectural charm and practical longevity to this timeless coastal property. Inside, the home features an inviting, airy layout designed for relaxed coastal living, with numerous gathering spaces ideal for entertaining after a day on the beach. The kitchen has been updated with new appliances and countertops, while outdoor spaces include spacious decking, dramatic lighting, lush landscaping, and multiple entertaining areas perfect for summer evenings, morning coffee, or casual gatherings with friends and family. In a community largely comprised of land lease properties, fee-simple opportunities within Rehoboth by the Sea are limited and rarely available, providing long-term security, flexibility, and freedom from annual ground rent. Ideally located just steps from the beach and Dewey Beach’s vibrant dining, nightlife, and coastal attractions. Take a walk to local favorites like the Starboard, Bottle & Cork, or Woody’s for their famous crabcakes. Downtown Rehoboth’s boutique shopping and award-winning restaurants—including Back Porch Café, Fable, and Henlopen Oyster House—are just a mile away. Park the car, hop on a bike, or catch the Jolly Trolley and enjoy the best of coastal living. Whether enjoyed as a nostalgic personal retreat, income-producing rental, or strategic long-term investment, the property offers compelling future potential in one of coastal Delaware’s most sought-after beach communities.
Listed By
Agency Name: Monument Sotheby's International Realty
Agency Phone: 3022276767
Shown By
Agent Name: Jody Bailey
Agent Phone: (302) 894-7994
Agency Title: Maverick Realty, LLC
Estimated Payment
$ 6,618.09 per month $5,672.97 Principal & Interest $201.67 Property Tax $743.46 Homeowner's Insurance
124 Jersey Street | MLS# DESU2108504
This single family home located at 124 Jersey Street, Dewey Beach, DE 19971 is currently listed for sale with an asking price of $2,549,000. This property was built in 1980 and has 3 bedrooms and 2 full baths with 1080 sq. ft. Jersey Street is located in the REHOBOTH BY THE SEA subdivision within the CAPE HENLOPEN school district. Search REHOBOTH BY THE SEA real estate on jbailey.maverickrealtyusa.com today.