518 New Castle Street Extension, Rehoboth Beach, DE 19971-1839 $2,850,000

Beds/Baths: 4/2
Interior Sq. Ft: 2,217
Acreage: 0.29
Age:63 years
Style:
Ranch/Rambler, Cottage
MLS#: DESU2088486
Subdivision: Schoolvue
Design/Type:
Detached

Description

English countryside charm meets coastal cottage living in this exceptional home tucked within the desirable Schoolvue community of Rehoboth Beach. Set on an expansive 125' x 100' lot, the property offers privacy and serenity surrounded by mature trees and lush landscaping. A slate walkway leads to the inviting entrance of this classic shaker-style cottage, where a welcoming front porch sets the tone for seaside living. Inside, timeless details abound. Crisp white pine paneling and wide-plank oak flooring flow throughout, while carefully curated lighting adds warmth and character to each space. The kitchen is a chef’s dream, designed with both form and function in mind, featuring abundant storage, a 6-burner Thermador gas cooktop, dual ovens, and a Sub-Zero refrigerator. The cozy family room is anchored by a gas fireplace, beamed ceilings, and sun-filled windows that frame the natural beauty outside. The thoughtful split floor plan includes four comfortable bedrooms, each with its own designer personality, and two bathrooms with classic finishes, including carefully selected Barber Wilson fixtures. Outdoor living is where this property truly shines. A spacious screened porch provides the perfect setting for casual dining or quiet evenings, while the large 15’ x 30’ heated pool, patio, and professionally landscaped grounds create an ideal space for entertaining or unwinding. Located just a few blocks from downtown Rehoboth and its renowned beaches, this home blends timeless style, modern comforts, and rare privacy in one of the area’s most sought-after neighborhoods. A truly unique opportunity for the most discerning buyer.

Basement: Lower 1

Taxes: $2,170
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: Yes - Personal
School Dist: Cape Henlopen
Elem. School: Rehoboth Mid. School: Beacon High School: Cape Henlopen

Features

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Propane, Hot Water - Tankless, Public Water, Public Sewer, Circuit Breakers, Basement Laundry, Main Floor Laundry, Cable TV Available, Electric Available, Phone Available, Propane

Garage/Parking
Driveway, Off Street, On Street

Interior
Breakfast Area, Built-Ins, Combination Kitchen/Dining, Crown Moldings, Interior Access Basement, Partial , Basement Sump Pump, Basement Walkout Stairs, Hardwood Flooring, Tile/Brick Flooring, Gas/Propane Fireplace, Mantel(s), Dry Wall, Double Hung Windows, Insulated Doors

Exterior
Block Foundation, Architectural Shingle Roof, Batts Insulation, Blown-In Insulation, Cedar Exterior, Frame Exterior, Shake Siding, Stick Built Exterior, Porch(es), Screened Porch/Deck, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outside Shower, Fenced Pool, Heated Pool, In Ground Pool

Lot
Front Yard, Landscaping, Rear Yard, Private Lot, Downtown, Garden/Lawn View, Partially Fenced, Privacy Fence, Wood Fence, Black Top Road

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.12 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.38 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.17 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.63 mi

© 2025 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2025 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Jack Lingo - Rehoboth , (302) 227-3883

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/03/2025.

518 New Castle Street Extension, Rehoboth Beach, DE 19971-1839

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.