100 E Savannah Rd #4e, LEWES, DE

$528,000

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2

Beds

1

Bath

900

Square feet

About 100 E Savannah Rd #4e

Waterfront property with a million dollar view but at a lot less cost! Walk 25' to the beautiful white sand of Lewes Beach. Sit on your deck and watch the waves crash or the ferry cross Delaware Bay. Adjourn to your back deck and watch the sun set and get a further birds eye view of Delaware Bay. Your condo has an updated kitchen with granite countertops and stainless appliances. Let your unit serve as a two bedroom condo or open the wall of the 2nd bedroom and have a beautifully sized additional sitting room. You're within walking distance of everyone's favorite Lewes retail area on 2nd Street. Numerous restaurants a few steps away. Save the condo for your personal enjoyment or share it as a vacation rental. Unit rents for $1700 a week...or we'll see what 2025 brings for vacation rental pricing. 2024 Profit Sheet available through a licensed Delaware realtor. This condo association is extremely well-run and profitable. Newer roof and HVAC equipment as well as fresh exterior paint for the entire property with recent resurfacing of the parking lot property makes this cost-effective and little maintenance for the condo association in the future. Elevator and roof was installed in the last 4 years. Washer/dryer laundry area on each floor. Locked storage area available on 4th floor. Unit is being sold completely furnished and ready to move in or rent. Current ownership corporation is owned by a licensed Delaware realtor. Ocean House is the only property right on Lewes Beach especially at this price. What a view and location!!

Features of 100 E Savannah Rd #4e

MLS® # DESU2077416
Price $528,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 900
Acres 0.00
Year Built 1952
Type Condo/Townhome
Sub-Type Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors
Style Condo/Unit
Status Active

Community Information

Address 100 E Savannah Rd #4e
Area Lewes Rehoboth Hundred (31009)
Subdivision NONE AVAILABLE
City LEWES
County SUSSEX-DE
State DE
Zip Code 19958

Amenities

Amenities Upgraded Countertops, Shades/Blinds, Tub Shower
View Bay, Water
Is Waterfront Yes
Waterfront Bay
New Construction No

Interior

Interior Features Floor Plan-Open
Appliances Energy Star Appliances, Oven/Range-Electric, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Heating Forced Air
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 1
Stories 1 Story

Exterior

Exterior Concrete/Block
Exterior Features Balcony
Windows Energy Efficient

School Information

District CAPE HENLOPEN
High CAPE HENLOPEN

Additional Information

Date Listed January 21st, 2025
Days on Market 15
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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