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38520 Pine Ln Unit 2 , Rehoboth Beach, DE 19971
$2,450,000
Est. Payment: $13,398.58/mo
3 Bed
5 Bath
3342 Sqft
Status: active under contract | Days on site: 348
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C21MAS - 3259893,3259961
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House Description

Nestled in the heart of Rehoboth Beach, this luxurious lakefront town home offers an exceptional blend of elegance, comfort, and coastal charm. Designed with an inverted floor plan to maximize views and living space, the home welcomes you with a grand entrance on the ground floor, adorned with crown molding that leads into a spacious living room and serene lakefront patio. For added flexibility, this living room can easily transform into a fourth owner's suite by closing the discreet pocket doors. The second-floor features three beautifully appointed suites, each with private baths and balconies. The rear owner's suite is a true sanctuary, complete with a walk-in closet and access to a lakefront deck that spans the entire width of the home. A conveniently located laundry room adds to the thoughtful layout. Ride the private elevator to the third floor, where an expansive open concept living area awaits. The gourmet island kitchen is a chef’s dream, outfitted with quartz countertops, GE Monogram appliances—including a gas cooktop, wall oven, food warmer, two dishwashers, built-in microwave, and commercial-grade hood. Adjacent to the kitchen, a wet barroom offers ample wine storage and counter space for crafting your favorite libations. The open living room is equally impressive, featuring a gas fireplace, vaulted ceilings, and skylights that flood the space with natural light. Folding glass doors open the entire rear wall to a screened porch, creating a seamless indoor-outdoor experience perfect for entertaining. During cooler months, clear vinyl panels convert the porch into a cozy three-season room, allowing you to enjoy breathtaking lake views all year long. Located in Rehoboth Beach, this town home offers more than just a stunning residence—it provides access to tax-free shopping, acclaimed restaurants, the iconic boardwalk, and pristine beaches. Don’t miss your chance to own this exquisite waterfront retreat where luxury meets lifestyle.

Highlights

Listed by Robert F. McVey Jr. , 3022367795 and Robert McVey III III , 3022279477 Mann & Sons, Inc. , 3022279477. Bright MLS

Property Type

Condo

Year Built

2014

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

Neighborhood

None Available

School District

Cape Henlopen

Listing ID

DESU2092490

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:4
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
Air Cond:Central A/C
Fireplaces:Gas/Propane,1 Fireplace
Floor:Hardwood,Tile/Brick
Above Ground Sq Ft:3342
Other:
  • ▪ Additional:Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Island, Kitchen - Eat-In, Pantry, Primary Bath(s), Skylight(s), Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors, Recessed Lighting, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Partly Wooded,Not New Construction,Horse Property: No,Waterfront
Lot Dimensions:0.00 x 0.00
Garage Capacity:3
Zoning:Residential Use
Roof:Architectural Shingle
Others:
  • ▪ Additional:Gutter System, Extensive Hardscape, Excellent
Sewer:Public Sewer
Parking Features:Brick Driveway,Garage - Front Entry,Garage Door Opener,Attached Garage,Off Street,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$13,399
Taxes
$210

Home Price

$2,450,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$490,000
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:
$13,398.58

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $13,398.58 $210.33 $6,000.00 $19,608.92
Yearly $160,783.01 $2,524.00 $72,000.00 $235,307.01
Total $4,823,490.30 $75,720.00 $2,160,000.00 $7,059,210.30
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: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS