20389 MALLORY SQUARE CIR Rehoboth Beach, DE 19971 Price Dropped by $5K

UPDATED: 04/01/2026 02:26 PM ON MARKET: 28 days on market

$784,900

5 Beds4 Baths2,955 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 2,955 sqft

Price per Sqft $265

Subdivision Keys Of Marsh Harbor

MLS Listing ID DESU2106474

Style Coastal,Contemporary

Bedrooms 5

Full Baths 4

Condo Fees $2,104/qua

HOA Y/N N

Abv Grd Liv Area 2,955

Year Built 2004

Annual Tax Amount $1,105

Tax Year 2025

Lot Dimensions 70 x 120

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

“5BR Beach Home | Just minutes from the beach | Walk to Dining | Rental Income Opportunity”

Welcome to Keys of Marsh Harbor, where coastal convenience meets exceptional investment potential. This spacious 5-bedroom, 4-bath home is located within walking distance to popular restaurants and shopping and just minutes from the beach, making it an ideal coastal retreat, full-time residence, or high-demand vacation rental.

With five generously sized bedrooms, including two private en-suite retreats, the home offers plenty of space for family, guests, and vacation renters. The open main living area flows seamlessly from the bright family and dining space into a large, well-appointed kitchen, creating the perfect gathering space after a day at the beach.

Step outside to the screened porch, an inviting place to enjoy morning coffee, evening cocktails, or relaxing coastal breezes.

One of the biggest advantages of owning in Keys of Marsh Harbor is the maintenance-free lifestyle. The association takes care of exterior maintenance—including roofing, siding, and landscaping—so you can spend more time enjoying the community's pool and tennis courts, nearby beaches, restaurants, and shopping.

With five bedrooms in a prime beach-area location, this home offers an incredible rental income opportunity with strong appeal for seasonal vacation renters as well as long-term tenants.

Whether you're searching for a coastal getaway, full-time residence, or a smart investment property, this home delivers the perfect combination of space, location, amenities, and income potential just minutes from the Delaware beaches.