Patterson-Schwartz Real Estate38183 Terrace Road, Rehoboth Beach, DE 19971-2074 $1,250,000
Interior Sq. Ft: 1,400
Acreage: 0.13
Age:45 years
Style:
Coastal
Subdivision: Silver Lake Manor
Design/Type:
Detached
Description
It's all about location! Welcome to 38183 Terrace Rd, Silver Lake Manor, Rehoboth Beach. Ideally located, this 3bd/2ba single family home offers an easy bike ride to Rehoboth or an easy walk into Dewey. The home features an open floorplan that's great for entertaining. The home has five French double glass entrance doors with transom windows that's provide brilliant sunshine that brightens the home's interior. Casement windows, recessed lighting, ceiling fans (8) in every room and both porches, gas fireplace, custom colors, together create a warm beachy feeling. Hardwood floors are throughout the 1st floor. The kitchen boasts stainless appliances, glass faced cabinets, ceiling fan and recessed lights. The bonus room behind the kitchen can be used as a dining room, office, great room and offers access through the double glass doors to the rear screened porch. The entire 2nd floor is carpet. Both of the full baths have tile floors and tile baths. The exterior of the home excites you with a very private back yard, mature trees, professional landscaping and off street parking. The two huge porches (18 x 13) both have 13.5' high vaulted ceilings and could easily be converted into additional living space creating additional sq' to the home. This is an excellent opportunity whether it's your primary beach home, investment rental or your 2nd beach home, this location offers easy access to all of the resorts activities.
Kitchen: Main
Dining Room: Main
Screened Porch: Main
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
High School: Cape Henlopen
Features
Water
Water Oriented: Yes; Water Front: No; Water Access: Yes; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Types of Use: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Sail, Swimming Allowed, Waterski/Wakeboard; Navigable: Yes;
Utilities
Heat Pump(s), Electric, Ceiling Fan(s), Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Upper Floor Laundry
Garage/Parking
Driveway
Interior
Carpet, Ceiling Fan(s), Family Room Off Kitchen, Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, Gas/Propane Fireplace, Dry Wall, Accessibility - 2+ Access Exits, Casement Windows, Energy Efficient Windows, Insulated Windows, Window Screens, Sliding Windows, French Doors, Insulated Doors, Double Entry
Exterior
Block Foundation, Crawl Space Foundation, Shingle Roof, Stick Built Exterior, Wood Siding, Porch(es), Screened Porch/Deck, Extensive Hardscape, Outbuilding(s), Gutter System
Lot
Rear Yard, SideYard(s), Private Lot, Decorative Fence, Wood Fence
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 | 0.3 mi |
| Love Creek Elementary School | Cape Henlopen School District | K–5 | Lewes | 3.73 mi |
Public Middle (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Beacon Middle School | Cape Henlopen School District | 6–8 | Lewes | 3.52 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.
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
Schedule an Appointment to See this Home
Request more information
or call me now at 302-239-3624
Listing Courtesy of: Berkshire Hathaway HomeServices PenFed Realty , (302) 227-6101
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 11/04/2025.
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.
