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Travis Gray

Engel & Völkers

[email protected] +1(301) 641-0809

$ 528,000

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Active

100 E SAVANNAH RD #4E Lewes, DE 19958

2 Beds

1 Bath

900 SqFt

UPDATED:

02/06/2025 10:33 AM

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $586

Subdivision None Available

MLS Listing ID DESU2077416

Style Unit/Flat

Bedrooms 2

Full Baths 1

Condo Fees $1,300/qua

HOA Y/N N

Abv Grd Liv Area 900

Originating Board BRIGHT

Year Built 1952

Annual Tax Amount $1,178

Tax Year 2020

Property Description

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!!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Rooms

Main Level Bedrooms 2

Interior

Interior Features Floor Plan - Open, Upgraded Countertops, Window Treatments, Bathroom - Tub Shower

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Dishwasher, Microwave, Washer, Dryer

Window Features Energy Efficient

Appliance Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Dishwasher, Microwave, Washer, Dryer

Heat Source Electric

Laundry Common, Shared

Exterior

Exterior Feature Balcony

Amenities Available Laundry Facilities

Waterfront Description Sandy Beach

Water Access N

View Bay, Water

Accessibility Elevator

Porch Balcony

Garage N

Building

Story 1

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Pets Allowed Y

HOA Fee Include Water,Sewer,Trash,Insurance

Senior Community No

Tax ID 335-04.20-145.00-4-E

Ownership Condominium

Special Listing Condition Standard

Pets Allowed Number Limit

Listed by Audrey Ellen Wagamon • First Class Properties

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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