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4br - 1450ft² - 400 FEET TO DUNES AT LEWES BEACH. 3-4 BR Expandable, FLOODPROOF Ranch
Property Description
The last summer renters have checked out - so now you can come and see about making this YOUR summer place, for NEXT year - and every year, happily ever after. And/or, it can be your your quiet, cozy getaway for off-season. Or your dreamed-of seaside retirement home?
You would not know this house was ever rented, except for guest instructions posted here and there - unlike most beach houses, it is managed, maintained, and cleaned in person by owners, every single week of the summer. "Party animals", pets and smoking have never been allowed.
TO SEE FOTOS and all the details, look at it on the Z____w for-sale-by-owner web site. (The "Z" listing ID is show contact info ) Or just do web search on "4 camden ave., lewes, de".
- And while searching, you'll see that there is currently NOTHING else comparable for sale in this price range (under $650K), this close to the water at Lewes Beach. (Unless maybe you want an old "gut-or-tear-down", instead of an up-to-date home in move-in condition.)
If you need some income to make this beach house affordable, it has a solid rental history - and you'll even get the past-customer mailing list and related material, to start you off.
Complete furnishings and equipment are available, too (down to the knives and forks - even the beach chairs and lawn mower. And the surfboard and stuffed dolphin, if you like - all negotiable.)
Located on a quiet cul-de-sac off Cedar Avenue near Children's Beach House (for those who know Lewes), it's just a block to the beach, with 3 miles of sand to hike, fish, and relax on.
Preliminary sketches are on-hand for future expansion / conversion (growing family? bigger rental income?) Updating and improvements have been continuous over the years -- most notably, the elevation floodproofing to FEMA standards in 2003. (FEMA-COMPLIANT/FLOODPROOF, means rock-bottom flood insurance cost on this house.) If applying for a mortgage on a non-floodproof home, in contrast, you would likely need to factor in several hundred dollars more per month, on top of your regular monthly payment. (Or alternatively, you can have a house raised, at a cost of well over $50,000).
MARKET VALUE: Price is based on latest Lewes Beach sales (Summer 2014).
a) Similar house nearby, NOT flood proof, sold in high $500's
b) Another similar-size house (less-well located; ALSO not floodproof; AND in need of major renovation), sold for $500K.
c) A little old "tear-down" sold in low $400's (typical of beach-area lot values for past 2 years. Add a new, modest-size house = total value over $600K.)
SERIOUS BUYERS ONLY, please! (Brokers OK too - IF you have buyers in tow-)
All information provided by the listing agent/broker
or by the seller is deemed reliable, but is not guaranteed and should
always be independently verified.
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