Waterfront
Listed By:
Brett DePrince with Coldwell Banker Realty - 3025391777;
Address
20340 Silver Lake Drive, Rehoboth Beach, DE
Price
$ 7,900,000
Property Attributes
  • MLS#DESU2117050
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • Zip19971
  • StyleCoastal,Mid-Century Modern
  • Year Built1980
  • Taxes$ 14351
  • Price$ 7,900,000
  • Bedrooms9
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage10148
  • Lot Size0.35 Acres
Data Source:
Bright MLS
Property Description

A Rare Silver Lake Waterfront Estate Introducing 20340 Silver Lake Drive, an extraordinary waterfront offering in one of Rehoboth Beach's most coveted and prestigious locations. Perfectly positioned across from iconic Silver Lake, this exceptional coastal estate captures breathtaking water views from every level, complemented by a private dock and direct water access, creating an unparalleled lifestyle defined by luxury, privacy, and recreation. Spanning an impressive footprint with 9 bedrooms and 7.5 bathrooms, this remarkable residence presents a rare opportunity to create a legacy property tailored to your vision. Whether envisioned as a grand primary residence, an exclusive coastal retreat, or an income producing property, the possibilities are truly limitless. Designed for both elegant entertaining and comfortable everyday living, the expansive floor plan features three luxurious primary suites, offering exceptional privacy and accommodations for family and guests. Two full kitchens, multiple gathering spaces, and a fully finished lower level provide extraordinary flexibility for hosting, relaxation, and customization, allowing the next owner to curate a residence that reflects their unique lifestyle and taste. Outside, discover your own private resort-style oasis. Lounge beside the heated in-ground pool, entertain under the coastal sky, or step across to your private dock and enjoy tranquil mornings on the water, sunset kayak excursions, and the serenity of Silver Lake's stunning waterfront setting. The property also features a circular front drive, expansive rear parking area, and insulated two-car garage, ensuring effortless arrival and ample accommodations for guests and special gatherings. Located just moments from Rehoboth Beach's renowned boardwalk, award-winning restaurants, boutique shopping, marinas, and the Atlantic Ocean, this exceptional estate offers the perfect balance of waterfront tranquility and coastal sophistication. Rarely does a Silver Lake property of this scale, location, and potential become available. An exceptional opportunity to own one of Rehoboth Beach's most distinctive waterfront estates awaits. Start creating memories today. Contact to set up your private, exclusive tour today!

Elementary School Middle School High School
Rehoboth Elementary School Beacon Middle School Cape Henlopen High School
Price History
8/5/2026 Listed $7,900,000

General Features

Living Area 10148
Sewer Public Sewer
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Available,Electric Available,Phone Available,Sewer Available,Water Available
Possession Immediate,0-30 Days CD,31-60 Days CD,61-90 Days CD,Negotiable,Settlement
Roof Architectural Shingle
Appliances Built-In Microwave,Cooktop,Dishwasher,Disposal,Dryer,Dryer - Electric,Dryer - Front Loading,Exhaust Fan,Extra Refrigerator/Freezer,Freezer,Icemaker,Oven - Double,Oven - Wall,Oven - Single,Oven/Range
Zoning MR
Garage Spaces 2.00
Patio/Porch Features Enclosed,Patio(s),Porch(es)
Architectural Style Coastal,Mid-Century Modern
Pool Features Concrete,Filtered,Heated,In Ground
Security Features Exterior Cameras,Motion Detectors,Smoke Detector
Construction Materials Brick
School District CAPE HENLOPEN
Year Built 1980
Electric 200+ Amp Service,Circuit Breakers,Generator
View Lake,Street,Water
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Waterfront Features Private Dock Site
Building Name NONE AVAILABLE
Accessibility Elevator
Additional Parcels Description Adjacent Parcel (Tax ID: 334-20.09-220.00) across the street from the main house & property,to be included/purchased with the s
County SUSSEX
New Construction No
Property Type Residential
HOA No
Subdivision Name NONE AVAILABLE
Facing Direction East
Garage Y/N Yes
Water Access Y/N Yes
Other Structures Above Grade,Below Grade
Full Baths 7
Status ACTIVE
Directions From Rt 1,turn onto Robinsons Dr. Follow the Road until you come to the Silver Lake Drive Intersection,turn right. House is 5th house on right.
City REHOBOTH BEACH
Body of Water Silver Lake
Disclosures Agent has Financial Interest,Agent Related to Owner,Owner RE Licensee
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 15246.00
Tax Annual Amount 14351.0
Home Warranty Y/N No
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 832.46
Acceptable Financing Cash,Conventional,Negotiable
Additional Parcels Y/N Yes
Lease Considered Y/N No
Vacation Rental Y/N No
Virtual Tour https://my.matterport.com/show/?m=SJRmfc8z77z
Total SQFT 10278
Location Type Lake
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision SILVER LAKE SHORES

Interior Features

Interior Amenities 2nd Kitchen,Attic,Bathroom - Jetted Tub,Bathroom - Soaking Tub,Bathroom - Stall Shower,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Breakfast Area,Carpet,Ceiling Fan(s),Combination Dining/Living,C
Heating Fuel Electric
Basement Fully Finished,Sump Pump
Flooring Ceramic Tile,Hardwood,Luxury Vinyl Plank,Partially Carpeted
Total Fireplaces 1
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Insulated,Screens
Fireplace Y/N Yes
Above Grade Finished Area 9490
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 9
Below Grade Finished Area 658
Entry Level 1
Room Type Basement,Bathroom 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Has Laundry,Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT 130
Below Grade Unfin SQFT Source Estimated
Below Grade Finished Area Source Estimated
Bedrooms Count All Upper Levels 9
Bedrooms Count Upper Level 1 6
Bedrooms Count Upper Level 2 3
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 2 2
Bathrooms Full Upper Level 1 4
Bathrooms Full All Upper Levels 6
Bathrooms Count Upper Level 2 2.00
Bathrooms Count Upper Level 1 4.00
Bathrooms Count All Upper Levels 6
Above Grade Unfin Area Units Square Feet
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
Number of Elevators 1

Exterior Features

Exterior Amenities Awning(s),Extensive Hardscape,Exterior Lighting,Gutter System,Outbuilding(s),Outside Shower,Secure Storage,Stone Retaining Walls,Water Fountains
Pool Yes - Personal
Fencing Masonry/Stone,Wood
Parking Features Brick Driveway,Lighted Parking,Private
Lot Features Additional Lot(s),Fishing Available,Landscaping,Not In Development,Premium,Rear Yard,Road Frontage,Year Round Access
Water Source Public
Total Parking Spaces 16
Garage Features Covered Parking,Garage - Front Entry,Garage Door Opener,Inside Access
Type of Parking Attached Garage,Driveway,Off Street
Land Use Code 1 1
Foundation Details Crawl Space,Slab
Water View Y/N Yes
Lot Dimensions 115.00 x 197.00
Lot Size Acres 0.35
Road Surface Type Black Top
Water Body Type Lake
Lot Size Source Assessor
Waterfront Y/N Yes
Door Features Double Entry,Insulated,Storm,French,Sliding Glass
Water Access Features Canoe/Kayak,Fishing Allowed,Private Access
Soil Types Unknown
Road Responsibility City/County
Number of Docks 1
Navigable Water Y/N No
Water Oriented Y/N Yes
# of Attached Garage Spaces 2
LotDimensionsSource Assessor
Dock Type and Features Material - Treated Lumber,Private
Off Street - # of Spaces 2

Room Details

Room Dimensions Level Flooring Details
Basement Lower 1
Bathroom 1 Main

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19971

Price
AVG $2.02M
$7.9M
Taxes
AVG $2,697
$14,351
Year Built
AVG 1999
1980
Visits
AVG 386
29
Data Provided by Inside Real Estate®

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