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35698 Magnolia Rd Unit 17 , Rehoboth Beach, DE 19971
$100,000
Est. Payment: $546.88/mo
0.05 Acres
Status: active | Days on site: 59
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HOMTEM1 - 3258591
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House Description

A rare opportunity to bring/place your home in Delaware's historic first cooperative community! Situated on a 10-acre multi-parcel park shared among 57 shareholders and 4 leaseholders, this property offers community-oriented living in Rehoboth Beach. Located in the heart of Rt 1, Rehoboth, this park is The annual $850 dues cover essential services, including water service, trash removal, common area snow removal, lawn maintenance, and community streetlights. The lot accommodates a footprint of approximately .11 acres. There is currently no home on the property. Because of the lot size, Oakwood Homes has taken a look and has determined that a 14 X 40 mobile home will fit on this lot. The Flyer from Oakwood Homes shows the layout of the home, which includes a living room, kitchen area, one large bedroom, and a bathroom. At 527 square feet, it is truly a beach house dream. Perfect for low-maintenance coastal living just minutes from Delaware beaches! Ask your agent for the extra information sheet in the MLS, as it will answer many questions you may have. Only a few residents are full-time, choosing to come and stay only in the summer months. This little park is a gem few know about, and the access to Rt. 1 is just a hop, skip, and a jump away. Call today with any questions you may have.

Highlights

Listed by Judy M Rhodes , 3028413725 Century 21 Home Team Realty , 3026451260. Bright MLS

Property Type

Vacant Land

Lot/Acreage
0.05

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

Neighborhood

Pine Valley

School District

Cape Henlopen

Listing ID

DESU2117376

Questions about this listing?

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Interior Features

Water:Private/Community Water

Exterior Features

Lot:Cleared,Corner,Irregular,Partly Wooded,Not New Construction,Horse Property: No
Zoning:Residential
Others:
  • ▪ Additional:Common Grounds, Meeting Room, Club House, Common Area Maintenance, Lawn Maintenance, Water, Trash, Snow Removal
Sewer:Public Sewer
Principal Interest
$547
Taxes
$64

Home Price

$100,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$20,000
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:
$546.88

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $546.88 $63.75 $850.00 $1,460.63
Yearly $6,562.57 $765.00 $10,200.00 $17,527.57
Total $196,877.16 $22,950.00 $306,000.00 $525,827.16
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: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS