Precious Bankole

38149 Terrace Road

Rehoboth Beach, DE
$ 2,497,000 Beds 4 Baths 3.5
Monthly Estimate* How much can I afford?

Brand-new, four-plus-bedroom home built by Capstone Homes, tucked away in a quiet area east of Coastal Highway, offering the convenience of walking or biking to the beach. The thoughtfully designed floor plan features a first-floor primary suite, a chefs kitchen with quartz countertops and stainless steel appliances, and impressive 10-foot ceilings. The spacious great room includes a wood-burning fireplace, creating a warm and inviting gathering space. Upstairs, youll find three additional bedrooms along with a second living area, providing plenty of space for family and guests. A covered porch overlooks the pool, offering the perfect spot to relax and enjoy the outdoors. The unfinished basement provides additional flexibility for a home gym, fitness area, storage, or future living space. Estimated Completion Date around mid December

ACTIVE

  • Price
  • $ 2,497,000
  • City
  • Rehoboth Beach
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • SUSSEX
  • Half Bathrooms
  • 1
  • Area
  • Lewes Rehoboth Hundred
  • Lot Size
  • 0.25 Acres
  • Zip
  • 19971
  • Taxes
  • $ 1545
  • Style
  • Contemporary
  • MLS#
  • DESU2119272
Listed By: Debbie Reed with RE/MAX Realty Group Rehoboth - 3022274800;
Data Source: Bright MLS

Features

General

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Appliances Oven - Double,Stainless Steel Appliances,Washer,Water Heater - Tankless,Microwave,Dishwasher,Dryer - Electric,Disposal
Zoning MR
Architectural Style Contemporary
Construction Materials Stick Built
School District CAPE HENLOPEN
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction Yes
Property Type Residential
HOA No
Subdivision Name SILVER LAKE MANOR
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions *
City REHOBOTH BEACH
Disclosures Agent has Financial Interest
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 10890.00
Tax Annual Amount 1545.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Construction Completed Y/N No
Vacation Rental Y/N No
Sussex DE Quadrants East of Rt 1
Standard Status Active
Legal Subdivision SILVER LAKE MANOR
Association Recreation Fee No

Interior Features

Interior Amenities Carpet,Combination Kitchen/Dining,Entry Level Bedroom,Floor Plan - Open,Kitchen - Island,Walk-in Closet(s)
Heating Fuel Electric
Basement Unfinished
Total Fireplaces 1
Hot Water Propane,Tankless
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 4
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 2
Bathrooms Full All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Count All Upper Levels 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Pool Yes - Personal
Fencing Vinyl
Water Source Public
Type of Parking Driveway
Land Use Code 1
Foundation Details Block
Water View Y/N No
Lot Dimensions 50x100
Lot Size Acres 0.25
Lot Size Source Assessor
Waterfront Y/N No
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Martinsburg, WV office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/27/2026 Listed $2,497,000

Property vs Zip Code Average in 19971

Price
AVG $1.89M
$2.5M
Taxes
AVG $2,552
$1,545
Visits
AVG 357
12
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

38149 Terrace Road Rehoboth Beach, DE is a Single Family Home for sale at $2497000 and a lot size of 0.25 Acres Acre(s). 38149 Terrace Road Rehoboth Beach has 4 bedrooms, 3 baths . The property's zip code is 19971 which is in Rehoboth Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Precious Bankole

Precious Bankole

240-351-5185

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