37430 5TH ST Rehoboth Beach, DE 19971 Price Dropped by $55K

UPDATED: 09/17/2025 06:25 PM ON MARKET: 18 days on market

Listed by Terry Stinson • Keller Williams Realty

$1,195,000

3 Beds2 Baths0.25 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Bay Vista

MLS Listing ID DESU2095750

Style Mid-Century Modern,Contemporary

Bedrooms 3

Full Baths 2

HOA Y/N N

Year Built 1960

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 125.00 x 101.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Location, location, location! Currently one of the only homes available in highly desirable Bay Vista, this waterfront bungalow is truly an original mid-century modern gem. Built in 1960 as a 2BR/1BA summer cottage, an addition was later added adjacent to a trellis covered patio providing a 1BR/1BA primary or guest suite. Nestled just minutes away from downtown Rehoboth's many shops, restaurants, beaches and boardwalk, the location is close to town yet tucked away in a private waterfront oasis. The original owner's boat hoist is still present allowing you to launch right from your yard. Kayak, paddleboard or boat all the way to Rehoboth Bay and the Atlantic, returning home to one of three private boat docks. This is a one-of-a-kind waterfront location with unparalleled access to all that Rehoboth Beach has to offer. Positioned on a rare corner lot, this property boasts forever views overlooking Thompson Island and Rehoboth Bay, offering a picturesque backdrop you won't find anywhere else. Step into the vaulted ceiling living space featuring beautiful, exposed beams and wooden accents that evoke warmth and character. The spacious screened-in porch provides the perfect spot for al fresco dining while you enjoy scenic views of the canal, surrounded by lush greenery. From morning coffee with the sunrise over the bay to tranquil evenings filled with the sounds of nature, every moment spent here feels like an indulgence. Use the property as-is, build on top of existing structure and footings, or build your unique waterfront dream home. Enjoy evenings relaxing in the outdoor space with its comfortable seating or take in the views from the dock by the water's edge. The lot's mature trees provide both beauty and privacy—your own private getaway with no HOA or rental restrictions.
Bay Vista is just moments away from the best that Rehoboth Beach has to offer—beautiful beaches, vibrant boardwalk, world-class dining, and charming local shops. Yet, while everything is within easy reach, this property offers a sense of peaceful seclusion that's increasingly hard to find. The private canal-side setting offers easy access to nearby bays, with breathtaking views of the natural beauty of the Delaware shoreline filled with native birds, abundant wildlife and forever views. This is more than just a home—it's an opportunity to immerse yourself in a lifestyle where every day feels like a retreat. Owner is a licensed Realtor.