Bought with Charlotte Hanna Cook-Heidingsfelder • Northrop Realty
$1,800,000
$1,680,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,929 SqFt
SOLD DATE : 02/26/2026
Key Details
Sold Price $1,800,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,929 sqft
Price per Sqft $933
Subdivision Lewes Beach
MLS Listing ID DESU2102570
Sold Date 02/26/26
Style Victorian,Coastal
Bedrooms 4
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,929
Land Lease Frequency Annually
Year Built 1900
Available Date 2026-02-04
Annual Tax Amount $3,433
Lot Size 5,500 Sqft
Acres 0.13
Lot Dimensions 55.00 x 100.00
Property Sub-Type Detached
Source BRIGHT
Property Description
MAIN HOUSE + 3 COTTAGES + DETACHED GARAGE! Located just steps from the sand in the heart of Lewes Beach, 206 E. Market Street offers a rare opportunity to own a classic coastal property with exceptional flexibility and income potential. Dating back to circa 1900, this charming home blends timeless character with modern functionality across an expansive and versatile property layout.
The main residence features 4 bedrooms, 3 full bathrooms, and approximately 1,929 square feet of living space. The main level includes a welcoming living room, den, small study or game room, convenient main-level washer and dryer, and full bathroom. The den could easily function as an additional bedroom. Upstairs, the second level hosts all four bedrooms and two additional full baths. A fully conditioned third-level attic provides bonus space with endless possibilities—ideal for storage or future opportunities.
One of the property's most unique and exciting features is the three detached rear cottages, each equipped with a kitchenette and full bathroom. Two cottages are studio-style, while the third offers a one-bedroom layout—perfect for guests or rental use. The property currently holds four active short-term rental licenses: one for the main house and one for EACH cottage, making it a standout investment opportunity in one of Delaware's most desirable beach towns.
Additional highlights include a large, detached garage, quick access to the beach, shopping, and dining, and the unmistakable charm of Lewes living. Whether you're seeking a primary residence, vacation retreat, or income-producing property, this historic gem delivers unmatched location, flexibility, and potential. Note: the cottages have only ever been used as summer cottages and would need renovation for year-round use. They have no heat source and use window A/C for cooling. New roof was put on main house in 2023, garage in 2024 and cottages in 2025 with transferable warranties. New water heater in main house was installed in 2023. Property is located in the Historic District. Property is being sold As-Is, Where-Is.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 4, Kitchen, Den, Bedroom 1, Office, Bathroom 2, Bathroom 3
Interior
Interior Features Attic, Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Recessed Lighting, Wood Floors
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Hardwood
Equipment Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Furnishings Partially
Fireplace N
Appliance Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Heat Source Electric
Laundry Main Floor
Exterior
Exterior Feature Porch(es), Screened
Parking Features Garage - Front Entry
Garage Spaces 2.0
Water Access N
Roof Type Shingle
Accessibility Level Entry - Main
Porch Porch(es), Screened
Total Parking Spaces 2
Garage Y
Building
Story 3
Foundation Crawl Space
Above Ground Finished SqFt 1929
Sewer Public Sewer
Water Public
Architectural Style Victorian, Coastal
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
High Schools Cape Henlopen
School District Cape Henlopen
Others
Pets Allowed Y
Senior Community No
Tax ID 335-04.20-130.00
Ownership Land Lease
SqFt Source 1929
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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