5 places for sale in Rehoboth Beach, DE, for a vacation home or an investment

By Austin Havens-Bowen  |
April 16, 2021 - 12:30PM

This four bedroom, two and a half bath is listed for $799,999 and is a 10-minute drive from the beach.

Coldwell Banker Realty/

Rehoboth Beach, Delaware—where President Joe Biden has a house—is a popular summer destination because of its proximity to three states: New York, New Jersey, and Pennsylvania. It’s also a good place to live because it has some of the lowest property taxes in the country. 

The area has a popular boardwalk, with all the classic attractions that you would expect from a beach town: The Ice Cream Store, Thrasher’s French Fries, Starkey’s Funnel Cake Factory, Ryan’s Mini Golf, and Funland, an amusement park. Other popular restaurants include Henlopen City Oyster House, The Atlantic Social, Salt Air, and Eden. There’s also an outlet mall, The Rehoboth Beach Museum, and Rehoboth Beach Bandstand, which puts on free concerts in the summer.

The namesake beach itself is about a mile long and there are other beaches and parks nearby including Dewey Beach, Grove Park, and Cape Henlopen State Park, once a World War II defense site, which has dunes, trails, and a historic observation tower.

When it comes to real estate, the median sales price is $405,000, according to Right now, you can find new condos, small single-family houses, and luxury multi-million dollar waterfront spreads. 

Sound appealing? Check out these five condos and houses for sale in the area—including some investment properties.

38028 Henry View,  #49 

This three bedroom, three bath is listed for $650,000. The house is located in Truitt Homestead, a private community. It has hardwood floors, vaulted ceilings, several windows, recessed lighting, ceiling fans, stainless steel appliances, a stone fireplace, screened-in porch, media room with a project and built-ins, patio, and two-car garage. 

41354 Gloucester Dr. 

This four bedroom, two and a half bath is listed for $799,999. The house has hardwood and carpeted floors, large windows, built-ins, stainless steel appliances, recessed lighting, a laundry room, patio, hot tub, and outdoor shower. 

38142 Terrace Rd.

This five bedroom, four and a half bath is listed for $919,000. The house has hardwood floors, recessed lighting, ceiling fans, stainless steel appliances, granite countertops, central air conditioning, built-ins, a finished basement, and a one-car garage. 

1 Grenoble Pl., #C 

This three bedroom, three bath is listed for $1,995,000. The waterfront condo is furnished and has hardwood floors, recessed lighting, track lighting, walls of windows, stainless steel appliances, and two balconies. You can rent out the apartment weekly. 

109 Columbia Ave.

This five bedroom, five and a half bath is listed for $2,099,000. The custom-built house has a wraparound front porch, hardwood floors, stainless steel Bosch appliances, a gas fireplace, deck, outdoor shower, and fenced-in backyard. The house is rented for part of the season.



Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

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