$520,000

100 E SAVANNAH RD Unit: 4E, LEWES DE, 19958

Price per sqft$577.78

Built in1952

Property size900 sqft

Property typeCondominium

Overview

Sold

Closed-bright

Listed Mar 29, 2025

Updated 3 days ago

Waterfront property with a million dollar view but at a lot less cost! Walk 25' to the beautiful white sand of Lewes Beach. Sit on your deck and watch the waves crash or the ferry cross Delaware Bay. Adjourn to your back deck and watch the sun set and get a further birds eye view of Delaware Bay. Your condo has an updated kitchen with granite countertops and stainless appliances. Let your unit serve as a two bedroom condo or open the wall of the 2nd bedroom and have a beautifully sized additional sitting room. You're within walking distance of everyone's favorite Lewes retail area on 2nd Street. Numerous restaurants a few steps away. Save the condo for your personal enjoyment or share it as a vacation rental. Unit rents for $1700 a week...or we'll see what 2025 brings for vacation rental pricing. 2024 Profit Sheet available through a licensed Delaware realtor. This condo association is extremely well-run and profitable. Newer roof and HVAC equipment as well as fresh exterior paint for the entire property with recent resurfacing of the parking lot property makes this cost-effective and little maintenance for the condo association in the future. Elevator and roof was installed in the last 4 years. Washer/dryer laundry area on each floor. Locked storage area available on 4th floor. Unit is being sold completely furnished and ready to move in or rent. Current ownership corporation is owned by a licensed Delaware realtor. Ocean House is the only property right on Lewes Beach especially at this price. What a view and location!!

Additional information

MLS^® ID: DESU2077416

Interior Features

Bedrooms: 2
Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: No

Other Property Details

Taxes: $1,178
Tax Frequency: Annually
Secondary Association Fee: $1,300
Secondary Association Fee Frequency: Quarterly
View: Yes
Pets Allowed: Yes
Waterfront: Yes
55+/Senior Community: No

Listed by First Class Properties
Listing Contact: 3023311043

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/1/2026 at 11:23 PM UTC

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