20802 Spring Lake Drive Unit #427, Rehoboth Beach, DE 19971

$540,000
2
BD
2
BA
1,000
SqFt

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Sold Price
$540,000
List Price
$555,000
Closing Date
Jan 26, 2026
Days on Market
179
Status
CLOSED
MLS#
DESU2087972
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,000
Style
Contemporary
Year Built
1985
County
Sussex
School District
Cape Henlopen

Property Description

READY TO GO AND FULLY FURNISHED *Savor the Flavor of Coastal Living in this Updated Condo in Sought-After Spring Lake!** Nestled along the picturesque Thompson Island Park in Rehoboth Beach, this charming two-bedroom, two-bathroom condo is the perfect blend of historic charm and modern convenience. With its prime location, you'll be just a stone's throw from the vibrant downtown area, yet surrounded by the serene beauty of the coastal landscape. This condo has been thoughtfully updated to provide the perfect blend of form and function. From the sleek, modern kitchen with stainless steel appliances and granite countertops, to the spacious bedrooms with plush carpeting and Luxury Vinyl and ample closet space, every detail has been carefully considered to ensure a comfortable and relaxing living experience. **Rental Income Producer Extraordinaire!** But it's not just the updates that make this condo a standout – it's also its impressive rental income potential! With its prime location and stunning views of the surrounding landscape, this condo is a sought-after destination for vacationers and beachgoers alike. Whether you're looking to supplement your income or create a lucrative investment opportunity, this condo is sure to deliver. **Amenities Abound!** And when you're not enjoying the comforts of your own home, you'll have access to a range of fabulous amenities, including: * A sparkling pool perfect for lounging on a warm summer day * A private patio area for outdoor entertaining and relaxation * And, of course, the stunning views of the surrounding landscape from every window! **Bike to Downtown Rehoboth Beach or Collect a Substantial Income – the Choice is Yours!** Whether you're looking to enjoy the best of Rehoboth Beach's vibrant downtown scene or create a lucrative investment opportunity, this condo has it all. With its prime location, stunning views, and impressive rental income potential, this is an opportunity you won't want to miss! **Don't Miss Out!** Contact us today to schedule a showing and make this incredible condo your own. Whether you're looking to live, invest, or simply enjoy the best of coastal living, this condo is sure to satisfy your cravings!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Spring Lake
HOA Frequency
Unknown
Condo Fee
$1535
Interior Features
Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Skylight(s)
Amenities
Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor
School District
Cape Henlopen
High School
Cape Henlopen
Fireplaces
1
Fireplace Description
Wood
Flooring
Carpet, Vinyl
Community Amenities
Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor
View
Lake, Pond
Heating
Wood Burn Stove, Heat Pump(s)
Heating Fuel
Electric
Cooling
Heat Pump(s)
Roof
Composite
Utilities
Cable TV, Phone
Water
Public
Sewer
Public Sewer

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Dave McCarthy & Associates, Inc.. Contact:

Selling Office: .