503 School Ln

Rehoboth Beach, DE 19971 View Map $1,575,000 Ask a Question
PHOTOS & DETAILS: 503 School Ln, Rehoboth Beach, DE 19971 For Sale - MLS #DESU2035582 - Photos, Virtual Tour, School Info - Real Estate Listing Info Photo 1
PHOTOS & DETAILS: 503 School Ln, Rehoboth Beach, DE 19971 For Sale - MLS #DESU2035582 - Photos, Virtual Tour, School Info - Real Estate Listing Info Map

Dustin Oldfather

(302) 260-2000

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Status: Sold
Property Type:Detached
MLS #:DESU2035582
Sq. Feet:3,000
Date Sold:4/28/2023
Lot Size:0.59 Acres

Listing Office

Office:RE/MAX Realty Group Rehoboth
A rare offering in Rehoboth Beach...1/2 acre on the North end of Silver Lake. Nestled among mature trees, the lot provides privacy, a boat dock, and a short walk to the beach. Build new, or install an inground pool and expand the existing home. The cozy 4 bedroom, 2.5 bath home features hardwood floors, 2 sunrooms, screened porch, and kitchen with lake view. The living/dining room enjoy a bay window and propane fireplace. The first floor en-suite adjoins an office with 3 closets for clothing and storage. 3 bedrooms, 1 bath, a loft/computer area, and 2 oversized storage rooms complete the second floor. There is an office, workshop, and laundry area in the full basement that can be accessed from the exterior. The 3 car garage allows work space for hobbies, gardening, canoes, and kayaks. The Schoolvue community is quiet with no traffic, close to the tennis/pickle ball courts, and Turtle Bridge.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:503 School Ln, Rehoboth Beach, DE 19971
Area:Lewes Rehoboth Hundred (31009)
School District:Cape Henlopen
Zip Code:19971
Building:None Available


Bedrooms: 4
Bathrooms: 2 Full / 1 Half
Year Built:1997
Construction: Frame
Roof: Shingle
Foundation: Block
Basement Type: Unfinished

Features / Amenities

Interior Features: Carpet, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Ceiling Fan(s), Wood Floors
Appliances: Oven/Range - Electric, Built-In Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Heater
Main Level Bedrooms: 1
Fireplace: Gas/Propane
Sub Structure Types: Above Grade, Below Grade
Garage: Garage - Rear Entry
Garage Spaces: 3
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Baseboard - Electric, Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 3000
Below Grade 0
Total 3000

Property Features

Lot Size: 0.59 Acres
Lot Dimensions:100.00 x 259.00 Sq. Ft.
Parking Types: Detached Garage, Driveway
Driveway - # of Spaces: 4
View: Lake
Sewer: Public Sewer
Water: Public
Directions:Route 1 to Rehoboth. State Road to School Lane in Schoolvue

Tax and Financial Info

Total Taxes: $2,749 (paid Annually)
Tax Year: 2021
School Tax: $1,883
New Financing: Cash
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $672.00 (Annually)
County Tax Rate: $194.00 (Annually)
Refuse Fee: $75.00
Acceptable Financing: Cash, Conventional



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Listing Information Last Updated 6/3/2023
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