7 Colonial Ln, Rehoboth Beach, DE 19971

$125,000
: 3
BD
: 2
BA
: 1,056
SqFt

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List Price: $125,000
Price Change: ▼ $4,900 1785353598
Days on Market: 106
Status: ACTIVE
MLS#: DESU2109756
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Living Area: 1,056
Style: Ranch/Rambler
Year Built: 2005
County: Sussex
School District: Cape Henlopen

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Property Description

Finally, The Price Reflects Reality. This One's Ready to Sell with a 40K price drop! Nearly three years, three agents, and a price that's finally caught up to the market: the wait is over. This isn't a "hope you don't ask questions" listing. This is a genuinely solid, move-in-ready 3-bedroom, 2-bath home in Colonial East, and the new price says it's time. What you're actually getting: This home has been lived in carefully. No smoke, no pet odor, no soft floors, nothing hiding. The 2023 renovation wasn't cosmetic-only: exceptionally installed luxury vinyl plank flooring runs throughout, both bathrooms were thoughtfully remodeled, the paint modern and fresh with custom accent walls and chair rails, updated led lights in every room, and the roof is practically brand new. Underneath, the tight vapor barrier and insulation help secure this home for noticeably lowered heating and cooling costs year-round. HVAC runs great and was recently serviced. The water heater is oversized, so you won't be running out of hot water from multiple showers when family is in town for the week. The shed is a decent size and in excellent shape, with it’s own electric. A couple notes: original windows are slightly dated but fully functional, and there's minor skirting damage but unrecognizable unless up close. Both are easy, low-cost fixes for a buyer who wants to make it their own. Location is the real story here. Junction Breakwater Trail runs right behind the community which connects with the Gordon Pond Trail at Cape Henlopen State Park; walk, run, or bike from Rehoboth to Lewes whenever you want to explore nature and scenery. Dozens of restaurants, the movie theater, water park/go carts, and Tanger Outlets at Bayside are all walkable, and the beach itself is close by. Inside the community: the pool, playground and community center are a rocks throw away, the dog park is a few streets back, plus your lawn mowing, trash, recycling, and yard waste pickups are included in the lot rent, along with pool passes. There is an optional RV/boat storage. Seller motivated: Two months of lot rent included to get you settled in. This home was never the problem; pricing was. That's fixed now.

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