100 Savannah Rd E #5d,
Lewes, De 19958
$425,000

2 Bed
1 Bath
1 Hf. Bath

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Ocean House has been a Lewes Beach landmark since 1975. Enjoy residing or renting this fully furnished, move-in ready condominium that is steps to the waters of Delaware Bay and the public beach. Inside the secure front entry door, a building elevator will take you up to the 5th floor for the best views in town. Inside the unit, you will enjoy bay views and morning sunrises from your private balcony that adds an additional 200 square feet to your living area. This popular unit was rented for every available week during the 2020 summer season and can also be rented during the offseason. 2019 gross rental income was $21,525 (without offseason rental). As a resident, the beach and quaint town of Lewes becomes your backyard playground. Walk to the Lewes Public Beach or bike to Cape Henlopen State Park for the day. Stroll over the Canal Bridge to enjoy the shops and amazing dining options in Historic Lewes. This 25 unit building with reserved parking has five floors with laundry rooms shared by the owners and a storage bin for each unit. For your convenience, there is a laundry room on the same floor as the subject unit. Water, sewer, and trash removal is included in the condo fee. There is an overflow parking lot 100 yards from the building for owners and visitors on busy beach days.


Essentials

MLS Number
Desu164772
List Price
$425,000
Bedrooms
2
Full Baths
1
Half Baths
1
Standard Status
Active
Year Built
1975
New Construction
N
Property Type
Residential
Waterfront
N

Location

Address
100 Savannah Rd E #5d, Lewes, De
Subdivision Name
Lewes Beach

Interior

Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric
Fireplace
N
Square Footage
700

Interior Features

    Appliances

    • Dishwasher
    • Disposal
    • Microwave
    • Oven/Range - Electric
    • Refrigerator
    • Range Hood
    • Water Heater

    Additional Information

    School District
    Cape Henlopen
    Elementary School
    Richard A. Shields
    High School
    Cape Henlopen
    Middle School
    Beacon
    Condo/Coop Fee
    $1,300
    Condo/Coop Fee Freq
    Quarterly
    Tax Annual Amount
    $1,202

    Listing courtesy of Coldwell Banker Resort Realty - L.

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