Price Reduction - Views - Primary on Main
Listed By:
Gary Michael Desch with Northrop Realty - 3027031144;
Address
515 Stockley Street Extension, Rehoboth Beach, DE
Price
$ 2,699,000
Property Attributes
  • MLS#DESU2092974
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodSchoolvue
  • Zip19971
  • StyleCoastal,Colonial
  • Year Built2011
  • Taxes$ 2272
  • Price$ 2,699,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3147
  • Lot Size0.22 Acres
Data Source:
Bright MLS
Property Description

Coastal Luxury in downtown Rehoboth Beach & walking distance to the beach and nightlife. Welcome to 515 Stockley Street, a rare luxury coastal retreat in the heart of downtown Rehoboth Beach. Nestled in the sought-after enclave of School Vue, this location is a true gem, just four blocks from the ocean and Rehoboths vibrant boardwalk, yet tucked away in a quiet residential neighborhood. A short stroll across the Silver Lake Turtle Bridge delivers you to the beach, while nearby pickleball and tennis courts, a basketball court, and playground provide recreation right in the neighborhood, all with no HOA. This remarkable setting offers the best of both worlds: tranquility just steps from the action and quick access to the fun and nightlife of nearby Dewey Beach. Built just over a decade ago with the craftsmanship of a classic Rehoboth cottage, this custom home balances timeless character with modern comforts. Wainscoting, plantation shutters, and meticulously crafted millwork run throughout, complementing the rich hand-scraped hardwood floors. A traditional layout is reimagined for todays lifestyle, with living, dining, and family rooms that open seamlessly through French doors to a sweeping screened veranda, the ultimate indoor-outdoor entertaining space. The living room, anchored by a handsome wood-burning fireplace, sets the tone for gatherings large or small. Just beyond, a sun-filled family room offers flexibility, whether for a home office, quiet conversation nook, or casual dining space, all with doors that open to capture ocean breezes. The gourmet kitchen is designed for both function and style, with granite counters, abundant prep space, and a pass-through to the formal dining room, ideal for dinner parties that flow effortlessly to the porch. The main-level primary suite is a serene retreat, complete with crown molding, an expansive walk-in closet, and a spa-like bath with soaking tub, stall shower, and dual vanity. A spacious laundry room with direct access to the oversized two-car garage adds convenience. Upstairs, two large guest suites each offer private ensuite baths, while a third bedroom provides custom built-ins, generous storage, offering cozy sleeping perfect for younger guests. Outdoors, the 100 x 100 lot provides both privacy and possibilities, with room to expand or add a swimming pool. The detached garage includes a large storage room and full attic, ensuring plenty of space for bikes, beach gear, and more. From morning coffee on the veranda overlooking the school field to evenings warmed by the living room fire, 515 Stockley Street offers year-round comfort and style. Whether a weekend beach retreat, full-time residence, or high-demand investment rental, this homes unbeatable location places you close to coastal parks, Rehoboths dining and shopping, and the resort fun of Dewey Beach, all within easy reach. This is more than a home; its a lifestyle that will never be replicated. Once you arrive, youll never want to leave. Walk down the end of the street to Turtle Bridge a the walking bridge that takes you right to the beach. Only a few blocks away. Enjoy the convenience of 4 permit parking passes if you A Rare Legacy Property Just Steps from the Ocean Just 4 blocks to the Atlantic Ocean 100 x 100 lot nearly double the size of many in-town Rehoboth parcels One of only 5 newly built homes in the community Built as a custom home by Capstone Homes Three Primary Bedroom Suites ideal for hosting or luxury rental flexibility Inviting front porch that opens seamlessly to the main living areas perfect for entertaining Massive two-car garage plus oversized rear storage space Five off-street parking spaces exceptionally rare for downtown Rehoboth Expansive backyard with room to create a private pool and out Strong seasonal rental potential in this location

Price History
8/15/2025 Listed $2,975,000
2/14/2026 4$2,875,000
6/2/2026 5$2,750,000
8/23/2026 2$2,699,000

General Features

Living Area 3147
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C,Ceiling Fan(s)
Possession Settlement
Roof Architectural Shingle,Pitched
Appliances Built-In Microwave,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Icemaker,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Dispenser,Water Heater
Zoning TN
Garage Spaces 2.00
Patio/Porch Features Balconies- Multiple,Brick,Porch(es),Screened,Roof
Architectural Style Coastal,Colonial
Security Features Carbon Monoxide Detector(s),Main Entrance Lock,Smoke Detector
Construction Materials Frame,Stick Built,Vinyl Siding
School District CAPE HENLOPEN
Year Built 2011
View Garden/Lawn,Panoramic
Levels 2
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction No
Property Type Residential
HOA No
Subdivision Name SCHOOLVUE
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions GPS 515 Stockley Street Ext,Rehoboth Beach,DE
City REHOBOTH BEACH
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 9583.00
Tax Annual Amount 2272.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 857.64
Vacation Rental Y/N No
Virtual Tour https://media.homesight2020.com/515-Stockley-Street/idx
Total SQFT 3147
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision Schoolvue
Association Recreation Fee No

Interior Features

Interior Amenities Built-Ins,Carpet,Ceiling Fan(s),Crown Moldings,Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Kitchen - Gourmet,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Walk-in Closet(s),Wind
Heating Fuel Propane - Leased
Flooring Bamboo,Hardwood,Partially Carpeted,Vinyl
Total Fireplaces 1
Fireplace Features Wood,Mantel(s)
Hot Water 60+ Gallon Tank
Basement (Y/N) No
Heating Y/N Yes
Window Features Double Pane,Insulated,Palladian,Screens,Transom,Vinyl Clad
Fireplace Y/N Yes
Above Grade Finished Area 3147
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 4
Room Type Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Sun/Florida Room,Laundry,Primary Bathroom,Screened Porch
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 2
Bathrooms Full All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Count All Upper Levels 2
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Exterior Amenities Extensive Hardscape,Exterior Lighting,Flood Lights,Street Lights,Sidewalks
Pool No Pool
Parking Features Asphalt Driveway
Lot Features Backs to Trees,Front Yard,Landscaping,Rear Yard,SideYard(s)
Water Source Public
Total Parking Spaces 9
Garage Features Garage - Front Entry,Garage Door Opener
Type of Parking Driveway,Detached Garage
Land Use Code 999
Foundation Details Crawl Space
Water View Y/N No
Lot Dimensions 100.00 x 100.00
Lot Size Acres 0.22
Lot Size Source Assessor
Waterfront Y/N No
Door Features Atrium,French
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 2
LotDimensionsSource Assessor

Room Details

Room Dimensions Level Flooring Details
Bedroom 2 Upper 1 Attached Bathroom,Flooring - HardWood,Crown Molding,Walk-In Closet(s),Window Treatments
Bedroom 3 Upper 1 Attached Bathroom,Ceiling Fan(s),Window Treatments
Bedroom 4 Upper 1 Flooring - HardWood,Window Treatments
Dining Room Main Flooring - HardWood,Balcony Access
Kitchen Main Flooring - HardWood,Countertop(s) - Granite,Double Sink,Kitchen - Electric Cooking
Laundry Main
Living Room Main Flooring - HardWood,Fireplace - Wood Burning,Crown Molding,Balcony Access
Primary Bathroom Main Attached Bathroom,Ceiling Fan(s),Crown Molding,Flooring - HardWood,Walk-In Closet(s),Window Treatments
Screened Porch Main Ceiling Fan(s)
Sun/Florida Room Main Flooring - HardWood,Balcony Access

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19971

Price
AVG $1.95M
$2.7M
Taxes
AVG $2,534
$2,272
Year Built
AVG 1998
2011
Visits
AVG 447
1468
Data Provided by Inside Real Estate®

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