Change Real Estate Presents:

502 5th Street
Rehoboth Beach DE 19971

For Sale: $399,900.00 Active

List Date: 2026-05-31

Rehoboth Beach
3 bedrooms
2 bathrooms
1,456 build ft2
10,019 land ft2

About This Property

Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts 🚴‍♀️🌿. For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.

Listing Agent: Jeffrey Fowler-Gray. Keller Williams Realty 302-727-3013 jeffrey@jeffreyfowler.com

Property Features

Location Information
County:
Subdivision: TRU VALE ACRES
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: Partially
Flooring: Carpet, Laminated
Water: Well, Public
Cooling: Central A/C
Heating: Heat Pump(s)
Fireplaces: 1
Windows:
Utilities: Cable TV
Sewer: Public Sewer
Rooms
Room Type: Bedroom 1
Features: Flooring - Wood
Level: Main
Room Type: Bathroom 1
Level: Main
Room Type: Bedroom 2
Features: Flooring - Vinyl
Level: Main
Room Type: Bedroom 3
Features: Flooring - Carpet
Level: Main
Room Type: Half Bath
Level: Main
Room Type: Dining Room
Features: Flooring - Carpet
Level: Main
Room Type: Family Room
Features: Fireplace - Gas, Flooring - Carpet
Level: Main
Exterior Features
Year Built: 1980
Legal Subdivision: Tru-Vale Acres
Subdivision Name: Tru Vale Acres
Exterior Features: Outbuilding(s)
Parking: Concrete Driveway
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Jeffrey Fowler-Gray. Keller Williams Realty 302-727-3013 jeffrey@jeffreyfowler.com

Property Photos [Click to enlarge]

Bright © 2026 Bright, All Rights Reserved.

The data related to real estate for sale on this website comes in part from the INTERNET DATA EXCHANGE (IDX) program of the Bright MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.

IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation or other purposes. All listing information is deemed reliable but not guaranteed.

This content was last refreshed on 2026-06-24 03:22 AM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

DMCA Notice