OFF MARKET

Off Market Mar 2023 for $1.1M

$1,228,601

Est. refi paymentEst. refi $7,529/mo

•

—

sq ft

38189 Terrace Rd, Rehoboth Beach, DE 19971

About this home

Major price reduction for this Mid Century Modern coastal retreat in Silver Lake Manor. East of Route One with easy access to both Rehoboth Beach and Dewey Beach, and located just 3.5 blocks to the boardwalk and beach. Year round living in a very well maintained home! A brick hearth and gas fired stove provide plenty of winter ambiance. There are two bedrooms and two baths with an updated kitchen and plenty of outside living areas. Lots of windows give this home a bright and airy feel. Offering tree canopy living with an open floor plan, exposed beams, wood and tile floors, large screened porch, deck, and beautiful paver patio. There is also a very private fenced yard with wood and paver walkways and a stone water feature. Sold partially furnished and ready for the summer season. If you decide to make future changes the property is located outside of town limits so Sussex County restrictions apply. Don't miss this opportunity to own one of the lowest priced homes in the coastal area!

Single-familyProperty Type

1966Year Built

5,877 sq ftLot Size

2 spacesParking

Listed by TERRY MILLMAN • Jack Lingo - Rehoboth

•302-227-3883 (broker)

Listed by RICk MONKMAN • Jack Lingo - Rehoboth

•302-227-3883 (broker)

Bought with DANIEL LUSK • McWilliams/Ballard, Inc.

•302-330-7003 (broker)

Redfin checked: 3 minutes ago

•Source:BRIGHT MLS #DESU2035332

Redfin Estimate

$1,228,601

$79K since sold in March 2023$22K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.2% lower than the average sale price ($1.66M) of 6 comparable homes.

SOLD JUL 29, 2026
$1,773,000
A
3 beds2 baths1,080 sq ft
115 Jersey St, Dewey Beach, DE 19971
SOLD JUN 30, 2026
$1,400,000
B
3 beds2 baths1,600 sq ft
327 Country Club Dr, Rehoboth Beach, DE 19971
SOLD AUG 17, 2026
$1,925,000
C
3 beds3 baths1,048 sq ft
222 Stockley St, Rehoboth Beach, DE 19971
SOLD BY REDFIN MAY 28, 2026
$715,000
D
3 beds1 bath1,040 sq ft
20587 Bay Rd, Rehoboth Beach, DE 19971
SOLD JUN 15, 2026
$2,500,000
E
3 beds2 baths1,080 sq ft
124 Jersey St, Dewey Beach, DE 19971
SOLD JUN 9, 2026
$1,675,000
F
3 beds2 baths1,948 sq ft
209 Country Club Dr, Rehoboth Beach, DE 19971

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Earn from this home

Sell

$294,995

Est. take-home

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Refinance

Est. cash available

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Rent

$1,793/mo

Redfin rental estimate

List your home for rent

Market trends in 19971, DE

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

+0.0% MoM

Median sale price

$587K

$52K MoM

Avg. days on market

64d

2 days MoM

Recently sold homes

176

9 MoM

New listings for sale

$169,900
2 beds2 baths1,152 sq ft
19602 Queen Ln #30, Rehoboth Beach, DE 19971
(302) 645-2207
COMING SOON
$579,000
3 beds2 baths1,724 sq ft
16 Adriatic Dr, Rehoboth Beach, DE 19971
(302) 360-0300
$97,500
2 beds1.5 baths576 sq ft
20019 Golden Ave, Rehoboth Beach, DE 19971
(302) 295-9430
3D WALKTHROUGH
$7,900,000
9 beds7.5 baths10,148 sq ft
20340 Silver Lake Dr, Rehoboth Beach, DE 19971
(302) 539-1777
$365,000
2 beds2 baths1,039 sq ft
300 Pebble Dr, Rehoboth Beach, DE 19971
(302) 227-9477
$150,000
3 beds2 baths1,164 sq ft
21714 B St, Rehoboth Beach, DE 19971
(302) 360-0300
FOR SALE BY OWNER
$1,650,000
4 beds2 baths1,556 sq ft
19767 Duffy St, Rehoboth Beach, DE 19971
$5,500,000
5 beds4.5 baths2,500 sq ft
111 Stockley St, Rehoboth Beach, DE 19971
(302) 426-2080
COMING SOON
$255,000
3 beds2 baths1,674 sq ft
20 Carriage Ln, Rehoboth Beach, DE 19971
(302) 227-1222
$539,900
3 beds3 baths1,880 sq ft
34386 Bronze, Rehoboth Beach, DE 19971
(888) 219-3009
See all

Provided by Redfin

Sale history for 38189 Terrace Rd

Date

Event

Price

BRIGHT MLS #DESU2035332

Mar 31, 2023

Sold

$1,150,000

Feb 20, 2023

Contingent

—

Feb 15, 2023

Listed

$1,195,000

Feb 2, 2023

Coming Soon

$1,195,000

BRIGHT MLS #DESU2013504

Aug 1, 2022

Listing Removed

—

Mar 21, 2022

Price Changed

$1,379,000

Feb 3, 2022

Price Changed

$1,384,900

Feb 1, 2022

Listed

$1,385,000

BRIGHT MLS #DESU175660

Nov 1, 2021

Listing Removed

—

Jul 3, 2021

Relisted

—

Jul 1, 2021

Listing Removed

—

May 14, 2021

Price Changed

$1,285,000

Feb 21, 2021

Price Changed

$1,289,000

Jan 10, 2021

Listed

$1,189,000

BRIGHT MLS #DESU153496

Nov 1, 2020

Listing Removed

—

Sep 2, 2020

Price Changed

$1,189,000

Jan 7, 2020

Listed

$1,195,000

BRIGHT MLS #DESU145176

Nov 1, 2019

Listing Removed

—

Jul 30, 2019

Listed

$1,195,000

BRIGHT MLS #DESU129010

Jul 10, 2019

Listing Removed

—

May 16, 2019

Price Changed

$1,295,000

Mar 22, 2019

Price Changed

$1,445,000

Jan 10, 2019

Listed

$1,495,000

BRIGHT MLS #1001097078

Jun 6, 2007

Listing Removed

—

May 18, 2007

Listed

$1,495,000

Year

Property tax

Land + Additions

Assessment*

2026

$2,579 (−0.3%)

$384,850 + $152,300

$537,150

2025

$2,587 (+135.3%)

$384,850 + $152,300

$537,150

2024

$1,100

$384,850 + $152,300

$537,150

2023

$1,099 (+45.2%)

$5,300 + $10,550

$15,850

2022

$757 (+4.4%)

$5,300 + $10,550

$15,850

2019

$725 (+4.1%)

$5,300 + $10,550

$15,850

2018

$696 (+4.4%)

$5,300 + $10,550

$15,850

2017

$667 (−0.2%)

$5,300 + $10,550

$15,850

2016

$668 (+5.0%)

$5,300 + $10,550

$15,850

2014

$636

$5,300 + $10,550

$15,850

Tax history for 38189 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,579 (−0.3%)

$384,850 + $152,300

$537,150

2025

$2,587 (+135.3%)

$384,850 + $152,300

$537,150

2024

$1,100

$384,850 + $152,300

$537,150

2023

$1,099 (+45.2%)

$5,300 + $10,550

$15,850

2022

$757 (+4.4%)

$5,300 + $10,550

$15,850

2019

$725 (+4.1%)

$5,300 + $10,550

$15,850

2018

$696 (+4.4%)

$5,300 + $10,550

$15,850

2017

$667 (−0.2%)

$5,300 + $10,550

$15,850

2016

$668 (+5.0%)

$5,300 + $10,550

$15,850

2014

$636

$5,300 + $10,550

$15,850

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

50 ft.

Lot depth

118 ft.

Lot size

5,898 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Sussex County

APN

334-20.09-14.00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Medium-Density Residential

The purpose of this district is to provide for medium-density residential development in areas which are or which are expected to become generally urban in character, but where sanitary sewers and public water supplies may or may not be available at the time of construction, together with such churches, recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. The district is located to protect existing development of this character and contains vacant land considered appropriate for such development in the future.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Religious facility
Housing-Single unit
Golf related
Park & open space

Property details

Parking

Parking Information
# of Total Garage and Parking Spaces: 2
Driveway - # of Spaces: 2
Driveway, Off Street

Interior

Bedroom Information
# of Bedrooms On Main Level: 2

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2

Interior Information
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Door Features: Sliding Glass, Insulated
Flooring Type: Ceramic Tile, Wood
Partially Furnished
Interior Features: Exposed Beams, Kitchen - Gourmet, Combination Dining/Living, Dining Area, Wood Floors, Entry Level Bedroom, Floor Plan - Open, Upgraded Countertops, Window Treatments, Stain/Lead Glass
Living Area Sq.Ft. Source: Assessor
Wall & Ceiling Types: Beamed Ceilings, Dry Wall, Wood Ceilings

Room Information
Living Room, Dining Room, Kitchen

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Free Standing, Gas/Propane

Basement Information
Basement: No

Exterior

Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Estimated

Building Information
Building Name: NONE AVAILABLE
Construction Materials: Frame
Foundation Details: Slab
Main Entrance Orientation: South
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Patio(s), Porch(es), Screened
Pets Allowed: Yes
Pet Restrictions: No Pet Restrictions
Roof: Architectural Shingle
Structure Type: Detached
Other Structures: Shed
Building Not Winterized

Exterior Information
Extensive Hardscape, Outbuilding(s), Outside Shower, Lawn Sprinkler

Lot Information
Lot Features: Landscaping, Level, Rear Yard, Road Frontage, SideYard(s)
Lot Size Dimensions: 50.00 x 118.00
Lot Dimensions Source: Assessor
Tidal Water: No

Above Grade Information
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Agricultural Tax Due: No
County Tax: $71
School Tax: $683
Tax Year: 2022
Tax Annual Amount: $753

Assessments Information
Year Assessed: 2022

Lease Information
Lease Considered: No

Utilities

Utilities Information
Cable, Other
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Cable TV Available, Electric Available, Phone Available, Water Available, Sewer Available
Water Source: Public
Municipal Trash: No

Location

School Information
Elementary School: REHOBOTH
Middle Or Junior School: BEACON
High School: CAPE HENLOPEN
School District Name: CAPE HENLOPEN
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent

Location Information
Outside City Limits
Sussex DE Quadrants: East of Rt 1
Directions: Going south on Route One, go over the canal bridge and through the first light. Make a U-turn at Just in Thyme Restaurant and take a right on Terrace Road. The property is down on the left.
Road Responsibility: State
Road Frontage Length: 50
Road Surface Type: Paved

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,898 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Sussex County
APN: 334-20.09-14.00

Home facts updated by county records on Aug 24, 2026

Around this home

Schools

Rehoboth Elementary School

Public K-5 • Assigned • 0.4mi

8/10

Beacon Middle School

Public 6-8 • Assigned • 3.5mi

7/10

Cape Henlopen High School

Public 9-12 • Assigned • 5.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Rehoboth Beach, DE • 19971

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.17M – $1.41M

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Nearby similar homes

$34,900

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3D WALKTHROUGH

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OPEN SEP 19, 1PM TO 3PM

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NEW CONSTRUCTION

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New listings for sale in 19971

$169,900

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(302) 645-2207

COMING SOON

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3D WALKTHROUGH

$7,900,000

9 beds7.5 baths10,148 sq ft

20340 Silver Lake Dr, Rehoboth Beach, DE 19971

(302) 539-1777

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2 beds2 baths1,039 sq ft

300 Pebble Dr, Rehoboth Beach, DE 19971

(302) 227-9477

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21714 B St, Rehoboth Beach, DE 19971

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FOR SALE BY OWNER

$1,650,000

4 beds2 baths1,556 sq ft

19767 Duffy St, Rehoboth Beach, DE 19971

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5 beds4.5 baths2,500 sq ft

111 Stockley St, Rehoboth Beach, DE 19971

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COMING SOON

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3 beds2 baths1,674 sq ft

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(302) 227-1222

Home values near 38189 Terrace Rd

Data from public records.

Address	Redfin Estimate
38216 Terrace Road, Rehoboth Beach, DE 4 Beds \| 7 Baths \| 3324 Sq. Ft.	$2,470,695
38205 Terrace Road, Rehoboth Beach, DE 6 Beds \| 1 Baths \| 4307 Sq. Ft.	$2,609,725

Address	Redfin Estimate
38202 Terrace Road, Rehoboth Beach, DE - Beds \| 2 Baths \| 522 Sq. Ft.	$1,342,897
38199 Terrace Road, Rehoboth Beach, DE - Beds \| 5 Baths \| 1792 Sq. Ft.	$1,633,033

Address	Redfin Estimate
38212 Terrace Road, Rehoboth Beach, DE 4 Beds \| 4 Baths \| 2750 Sq. Ft.	$2,796,861
38193 Terrace Road, Rehoboth Beach, DE 3 Beds \| 2.5 Baths \| - Sq. Ft.	$1,274,144

Property information provided by BRIGHT MLS when last listed in 2023. This data may not match . Learn more.

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