38399 george street

Charming Updated Ranch Home in the Heart of Rehoboth's Forgotten Mile. Welcome to 38399 George Street — a delightful three-bedroom, one-bath ranch-style home nestled in the heart of Rehoboth’s coveted Forgotten Mile. This charming coastal retreat offers the perfect blend of relaxation and convenience, ideally located just a short 3.5-block walk to the Carolina Street beach entrance. Enjoy easy access to the vibrant nightlife of Dewey Beach and the iconic charm of Rehoboth Beach, known for its award-winning dining, boutique shopping, and famous boardwalk. Whether you're looking for a serene beach getaway or a home near all the action, this property offers the best of both worlds. Dating back to the 1950s, this updated home boasts an open-concept living/dining space that merges modern convenience with classic charm. Recent upgrades include a new roof, windows, flooring, water heater and boiler for radiant heat. The thoughtfully designed living space is perfect for entertaining friends and family or enjoying a tranquil evening at home. With its warm details and inviting atmosphere, this residence exudes a sense of welcome that will make you feel right at home. What sets this property apart is its versatile C1 commercial zoning, offering tremendous flexibility for potential development, expansion, adding a swimming pool or opening a business. Whether you’re looking to create your dream home, invest in an income producing property, or explore commercial opportunities, the possibilities are endless. Priced attractively under $900,000, this opportunity won’t last long! Act now and settle in before the start of summer. The home has been owner-occupied and never rented, though rental projections for the summer season range from $28,000 to $43,000. Adding a pool could increase that income by an additional $10,000–$15,000 per season. Don’t miss your chance to own a slice of paradise in one of Rehoboth’s most sought-after locations. For further inquiries or to schedule a viewing, please contact us today!