€3,623,542
€540,428
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Magnificent custom built, cedar shingle, residence on oversized 75' x 100' lot in desirable South Rehoboth. No detail was overlooked in the design and construction of this fine residence. Features include a spacious first floor owner's suite with luxury bath and 12' tray ceiling in bedroom, 4 second floor bedrooms with ensuite baths, greatroom with coffered ceiling & stone fireplace, 10' - 12' ceilings throughout the entire first floor, 8' doors, hardwood and stone floors, gourmet custom kitchen with island, Wolf range, built-in Thermador refrigerator, breakfast nook with coffered ceiling, dining room, office, laundry room, front porch with brick floor, extensive built-ins, wainscotting, crown molding, high performance Anderson windows with impact glass, 2 car garage, brick driveway & walkways, lush landscaping, lawn irrigation system, irrigation well, security system, walk-in storage area, outside shower, and so much more.
This residence contains over 4,500 sf under roof and could not be replicated under the City of Rehoboth's FAR regulations. Located on a quiet block and just a short walk to beach, boardwalk, shops, restaurants and all other Rehoboth attractions. Furnished and ready for the new owners to enjoy the summer of 2022. Don't miss this opportunity to own one of finest residences in Rehoboth Beach.
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How we estimated this 1/8 share price
We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.
| Purchase PriceWhole property: €3,623,542 | €452,943 |
| Upgrades, Taxes, and CompletionInterior design, furnishings, inspection & applicable taxes | €29,000 |
| Pacaso Service FeeBuyer aggregation & legal | €58,057 |
| Estimated 1/8 Ownership44+ nights per year | €540,428 |
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Flexible ownership
Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Transfer
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Resale
Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.
Selldown
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
Connect with our Crew
We can't wait to tell you more about this property! We'll be in touch shortly, or you can choose to contact us at a time that suits you.
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More homes to consider
Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Joe Reed, Cape Realty
Whole home list price: €3,623,542
All listings are represented by licensed independent brokerages.