37519 Oyster House Rd, Rehoboth Beach, DE 19971
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
37519 Oyster House Rd,Rehoboth Beach, DE 19971
$1,188,000
- 3 Beds
- 2 Baths
- 576 sq. ft.
- Single family
- Active
Listed by: michael jeremy finkle, amanda bradford
Office: crown homes real estate
MLS#:DESU2098906
Source:BRIGHTMLS
Price summary
- Price:$1,188,000
- Price per sq. ft.:$2,062.5
About this home
APPROVED preliminary plans to build three, 5 bed 4 bath homes! East of route one and an easy walk to Rehoboth Ave. Discover a rare opportunity to own a fully renovated, income-producing Rehoboth Beach cottage while unlocking incredible development potential. This charming coastal retreat sits on nearly half an acre and features a beautifully updated main cottage along with a separate in-law suite—perfect for extended family or vacation guests. The property currently operates as a successful short-term rental, generating approximately $45,000 per summer, even with two weeks reserved for the owner’s family.
Beyond its charm and consistent income, this property offers something truly special: C-1 zoning with preliminary approval already in place for three new 5-bedroom, 4-bath homes. Whether you’re an investor seeking steady cash flow while you plan your project, or a developer ready to take advantage of the area’s booming new construction market, this property checks every box. New development around the corner has sold homes exceeding of $1.6 million, proving the strong demand for high-end coastal living in this location.
Situated just one lot from the Rehoboth-Lewes Canal, the property offers easy access to everything that makes Rehoboth Beach so desirable. A new city-approved bike path located about 40 feet away will soon connect directly to Rehoboth Avenue and the Boardwalk, allowing guests or future homeowners to enjoy the beach, dining, and shops without ever starting a car.
Located outside of Rehoboth Beach city limits, the property falls under Sussex County jurisdiction—making the permitting process simpler, faster, and more cost-effective. And to make things even easier, the listing agent is a local builder and contractor who can complete the future builds for the new buyer.
This is an exceptional opportunity to own a cash-flowing Rehoboth Beach classic with the potential to develop three new luxury homes in one of Delaware’s most coveted coastal destinations.
Buyer to confirm all permitted land uses with Sussex County. Seller is a licensed Delaware REALTOR®, local builder/contractor, and the listing agent.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:DESU2098906
- Added:118 day(s) ago
- Updated:February 11, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:576 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1960
- Building area:576 sq. ft.
- Lot area:0.37 Acres
Utilities
- Water:Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,188,000
- Price per sq. ft.:$2,062.5
- Tax amount:$250 (2021)
New listings near 37519 Oyster House Rd
- Coming Soon
$849,900Coming Soon3 beds 3 baths35517 Bonaire Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2101820Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - Open Sun, 11am to 1pmNew
$1,099,999Active4 beds 4 baths4,248 sq. ft.19321 Loblolly Cir, REHOBOTH BEACH, DE 19971
MLS# DESU2104726Listed by: PATTERSON-SCHWARTZ-REHOBOTH 
$839,900Pending5 beds 3 baths2,871 sq. ft.31840 Carmine Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2103366Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY- New
$470,000Active2 beds 2 baths1,040 sq. ft.3800 Sanibel Circle #3811, REHOBOTH BEACH, DE 19971
MLS# DESU2104164Listed by: COMPASS - Coming SoonOpen Sat, 10am to 12pm
$120,000Coming Soon2 beds 2 baths20019 Golden Ave, REHOBOTH BEACH, DE 19971
MLS# DESU2104646Listed by: RE/MAX ASSOCIATES - New
$129,000Active3 beds 2 baths1,108 sq. ft.35653 Highlands Way #182, REHOBOTH BEACH, DE 19971
MLS# DESU2104620Listed by: SEA BOVA ASSOCIATES INC. 
$2,500,000Pending4 beds 2 baths4,112 sq. ft.8 Maass Ln, REHOBOTH BEACH, DE 19971
MLS# DESU2104196Listed by: IRON VALLEY REAL ESTATE AT THE BEACH- Open Sat, 12 to 2pmNew
$1,175,000Active4 beds 4 baths3,400 sq. ft.115 Cornwall Rd, REHOBOTH BEACH, DE 19971
MLS# DESU2104362Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY - New
$389,900Active3 beds 1 baths960 sq. ft.112 Strawberry Way, REHOBOTH BEACH, DE 19971
MLS# DESU2104486Listed by: BROKERS REALTY GROUP, LLC - Open Sun, 12 to 2pmNew
$138,200Active3 beds 2 baths924 sq. ft.21229 M St, REHOBOTH BEACH, DE 19971
MLS# DESU2104406Listed by: PATTERSON-SCHWARTZ-REHOBOTH
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.