38520 PINE LN #2 Rehoboth Beach, DE 19971 Price Dropped by $149K
UPDATED: 04/23/2026 04:32 PM ON MARKET: 250 days on market
$2,450,000
3 Beds5 Baths3,342 SqFt
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 3,342 sqft
Price per Sqft $733
Subdivision None Available
MLS Listing ID DESU2092490
Style Reverse,Contemporary
Bedrooms 3
Full Baths 4
Half Baths 1
Condo Fees $6,000/ann
HOA Y/N N
Abv Grd Liv Area 3,342
Year Built 2014
Available Date 2025-08-22
Annual Tax Amount $2,524
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property 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.
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