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20340 Silver Lake Dr , Rehoboth Beach, DE 19971
$7,900,000
Est. Payment: $43,203.60/mo
9 Bed
8 Bath
10148 Sqft
0.35 Acres
Status: active | Days on site: 68
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CBRBB - 3275302
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House Description

A Rare Silver Lake Waterfront Estate Introducing 20340 Silver Lake Drive, an extraordinary waterfront offering in one of Rehoboth Beach's most coveted and prestigious locations. Perfectly positioned across from iconic Silver Lake, this exceptional coastal estate captures breathtaking water views from every level, complemented by a private dock and direct water access, creating an unparalleled lifestyle defined by luxury, privacy, and recreation. Spanning an impressive footprint with 9 bedrooms and 7.5 bathrooms, this remarkable residence presents a rare opportunity to create a legacy property tailored to your vision. Whether envisioned as a grand primary residence, an exclusive coastal retreat, or an income producing property, the possibilities are truly limitless. Designed for both elegant entertaining and comfortable everyday living, the expansive floor plan features three luxurious primary suites, offering exceptional privacy and accommodations for family and guests. Two full kitchens, multiple gathering spaces, and a fully finished lower level provide extraordinary flexibility for hosting, relaxation, and customization, allowing the next owner to curate a residence that reflects their unique lifestyle and taste. Outside, discover your own private resort-style oasis. Lounge beside the heated in-ground pool, entertain under the coastal sky, or step across to your private dock and enjoy tranquil mornings on the water, sunset kayak excursions, and the serenity of Silver Lake's stunning waterfront setting. The property also features a circular front drive, expansive rear parking area, and insulated two-car garage, ensuring effortless arrival and ample accommodations for guests and special gatherings. Located just moments from Rehoboth Beach's renowned boardwalk, award-winning restaurants, boutique shopping, marinas, and the Atlantic Ocean, this exceptional estate offers the perfect balance of waterfront tranquility and coastal sophistication. Rarely does a Silver Lake property of this scale, location, and potential become available. An exceptional opportunity to own one of Rehoboth Beach's most distinctive waterfront estates awaits. Start creating memories today. Contact to set up your private, exclusive tour today!

Highlights

Listed by Brett DePrince , 3026043431 Coldwell Banker Realty , 3025391777. Bright MLS

Property Type

Residential

Lot/Acreage
0.35

Year Built

1980

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

Neighborhood

None Available

School District

Cape Henlopen

Listing ID

DESU2117050

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:7
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Freezer, Icemaker, Oven - Double, Oven - Wall, Oven - Single, Oven/Range - Gas, Oven/Range - Electric, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater
Air Cond:Central A/C
Fireplaces:Wood,1 Fireplace
Floor:Ceramic Tile,Hardwood,Luxury Vinyl Plank,Partially Carpeted
Above Ground Sq Ft:9490
Below Ground Sq Ft:658
Basement:Fully Finished,Sump Pump
Other:
  • ▪ Additional:2nd Kitchen, Attic, Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Formal/Separate Dining Room, Pantry, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Additional Lot(s),Fishing Available,Landscaping,Not In Development,Premium,Rear Yard,Road Frontage,Year Round Access,Not New Construction,Horse Property: No,Waterfront
Lot Dimensions:115.00 x 197.00
Garage Capacity:16
Zoning:MR
Roof:Architectural Shingle
Others:
  • ▪ Additional:Awning(s), Extensive Hardscape, Exterior Lighting, Gutter System, Outbuilding(s), Outside Shower, Secure Storage, Stone Retaining Walls, Water Fountains, Very Good
Sewer:Public Sewer
Parking Features:Brick Driveway,Lighted Parking,Private,Covered Parking,Garage - Front Entry,Garage Door Opener,Inside Access,Attached Garage,Driveway,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$43,204
Taxes
$1,196

Home Price

$7,900,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$1,580,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$43,203.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $43,203.60 $1,195.92 $0.00 $44,399.51
Yearly $518,443.18 $14,351.00 $0.00 $532,794.18
Total $15,553,295.26 $430,530.00 $0.00 $15,983,825.26
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Rehoboth Beach, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS