19306 LOBLOLLY CIRCLE

REHOBOTH BEACH, DE19971

PRICED TO SELL. BACK ON THE MARKET $100,000 BELOW PRIOR LIST AND BELOW THIS YEAR'S CLOSED SALES IN THE COMMUNITY. Sellers are relocating and have priced this beautifully upgraded Schell Brothers Lilac in sought after Arbor-Lyn for immediate action at $799,000. The two identical 3,200 square foot floor plans in the community closed this year at $925,000 and $935,000. All offers will be reviewed as received, with an offer deadline of Tuesday, September 8 at 6:00 PM. Open houses all Labor Day weekend: Saturday 10 AM to 12 PM, Saturday 1 PM to 3 PM and Sunday 12 PM to 3 PM. Private Showings Available Too. Built in 2022 and enhanced with over $100,000 in post builder upgrades, this coastal retreat offers 3,200 square feet with 6 bedrooms, or 5 bedrooms plus a dedicated office, 3 full baths, and 1 half bath. The versatile floor plan includes two private primary suites, a spacious first floor owners suite and an oversized upper level suite, ideal for multi generational living, hosting, or rental flexibility. The bright open concept main level centers on a gourmet kitchen with quartz countertops, double ovens, induction cooktop, and an oversized island. A large screened porch, separate grilling porch with dedicated gas line, and a spacious upstairs loft round out the living space, while the 1,446 square foot unfinished basement offers exceptional storage and tremendous potential for future finished square footage. PROVEN INCOME PRODUCER: the home has operated as a highly successful short term rental generating approximately $60,000 in summer rental revenue with consistent 5 star reviews and strong repeat demand, and documented rental history is available. Weekly rentals are permitted in Arbor-Lyn. Sold fully furnished as shown. Positioned on a desirable corner homesite directly across from the clubhouse and community pool, with convenient back road access, approximately 3.5 miles to the Rehoboth Beach Boardwalk and 4 miles to downtown Lewes. At $799,000, this is a rare opportunity to buy a turn key, income producing home below the community's recent sales. Priced to sell, do not wait.

Listing courtesy of Keller Williams Realty



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