20802 Spring Lake Drive #427, REHOBOTH BEACH, DE 19971 (MLS # DESU2087972)
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*Savor the Flavor of Coastal Living in this Updated Condo in Sought-After Spring Lake!** Nestled along the picturesque Thompson Island Park in Rehoboth Beach, this charming two-bedroom, two-bathroom condo is the perfect blend of historic charm and modern convenience. With its prime location, you'll be just a stone's throw from the vibrant downtown area, yet surrounded by the serene beauty of the coastal landscape. This condo has been thoughtfully updated to provide the perfect blend of form and function. From the sleek, modern kitchen with stainless steel appliances and granite countertops, to the spacious bedrooms with plush carpeting and Luxury Vinyl and ample closet space, every detail has been carefully considered to ensure a comfortable and relaxing living experience. **Rental Income Producer Extraordinaire!** But it's not just the updates that make this condo a standout - it's also its impressive rental income potential! With its prime location and stunning views of the surrounding landscape, this condo is a sought-after destination for vacationers and beachgoers alike. Whether you're looking to supplement your income or create a lucrative investment opportunity, this condo is sure to deliver. **Amenities Abound!** And when you're not enjoying the comforts of your own home, you'll have access to a range of fabulous amenities, including: * A sparkling pool perfect for lounging on a warm summer day * A private patio area for outdoor entertaining and relaxation * And, of course, the stunning views of the surrounding landscape from every window! **Bike to Downtown Rehoboth Beach or Collect a Substantial Income - the Choice is Yours!** Whether you're looking to enjoy the best of Rehoboth Beach's vibrant downtown scene or create a lucrative investment opportunity, this condo has it all. With its prime location, stunning views, and impressive rental income potential, this is an opportunity you won't want to miss! **Don't Miss Out!** Contact us today to schedule a showing and make this incredible condo your own. Whether you're looking to live, invest, or simply enjoy the best of coastal living, this condo is sure to satisfy your cravings!
| DAYS ON MARKET | 63 | LAST UPDATED | 7/24/2025 |
|---|---|---|---|
| TRACT | SPRING LAKE | YEAR BUILT | 1985 |
| COMMUNITY | Lewes Rehoboth Hundred (31009) | COUNTY | SUSSEX |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | CAPE HENLOPEN |
|---|---|
| High School | CAPE HENLOPEN |
| PRICE HISTORY | |
| Prior to Jul 15, '25 | $599,000 |
|---|---|
| Jul 15, '25 - Today | $575,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Structure |
| APPLIANCES | Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater |
| AREA | Lewes Rehoboth Hundred (31009) |
| CONSTRUCTION | Cedar |
| FIREPLACE | Yes |
| HEAT | Electric, Exhaust Fan, Heat Pump, Wood Stove |
| INTERIOR | Ceiling Fan(s), Vaulted Ceiling(s) |
| PARKING | None, Assigned |
| POOL DESCRIPTION | Community |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | SPRING LAKE |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, Lake, Pond |
| WATER | Public |
| WATERFRONT DESCRIPTION | Pond |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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