Residential Land for Sale in Rehoboth Beach, Delaware

Incredible opportunity to have your dream home on a water front parcel in beautiful Bay Vista! This parcel measures 125' x101' (10,890 square feet /quarter-acre) with three existing private docks in your backyard. Just over one mile from downtown Rehoboth Beach, this oversized lot features million dollar views all the way to Thompson Island, Dewey Beach and Rehoboth Bay each with direct water access. The existing residence is a block bungalow built in 1960, featuring three bedrooms and two baths, configured as a two-bedroom one bath cottage adjoined to a one-bedroom one bath guest unit. Use the existing structure while you develop plans or rent one or both units. Don't delay! This property has an approved federal grant available through 10/2025 offering almost 200K to preserve the existing structure if desired. Bay Vista has no HOA or rental restrictions. This location is a boater and birder's paradise!