Listed By:
John Howard with Long & Foster Real Estate, Inc. - 3026456100;
Address
37411 Malloy Street, Rehoboth Beach, DE
Price
$ 1,799,000
Property Attributes
  • MLS#DESU2120472
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodStockley Subdivision
  • Zip19971
  • StyleContemporary
  • Year Built2026
  • Taxes$ 460
  • Price$ 1,799,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4064
  • Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description

Luxury New Construction with Resort-Style Pool, Designer Finishes & Strong Rental Potential Welcome home to this exceptional 5-bedroom, 4-bath luxury new construction home, offering more than 3,300 square feet of beautifully designed living space just East of Coastal Highway. Beyond its impressive finishes and resort-style amenities, this property presents an exciting opportunity for those seeking a second home, investment property, or primary residence with potential rental income estimated at approximately $110,000$140,000 annually, subject to rental demand, seasonality, local regulations, and actual performance. Experience elevated coastal living in this meticulously crafted home featuring soaring ceilings, oversized sliding doors, and a spectacular backyard anchored by a heated saltwater pool. Every detail has been thoughtfully selected to create a sophisticated yet comfortable setting for both everyday living and entertaining. The main level features 10+ foot ceilings, 8-foot solid interior doors, Andersen windows and sliding doors, LP SmartSide siding, and luxury vinyl flooring. A dramatic 42" x 8' front entry door makes an immediate statement, while multiple oversized sliding glass doors provide a seamless connection between the interior living spaces and the poolside backyard. The living room features a large electric fireplace, while the custom entryway offers built-in bench seating, storage, and a coat rack.The gourmet kitchen is designed to impress, featuring an expansive 8-foot island, quartz countertops, and a premium Forno appliance package including a 48" electric range, 60" built-in refrigerator, drawer microwave, and more. Whether preparing meals for family or entertaining guests, the kitchen serves as the centerpiece of the home. The luxurious primary suite offers a private retreat with vaulted ceilings and a spacious walk-in closet with custom organizers. The spa-inspired primary bathroom includes a soaking tub, curbless marble-tiled shower, heated floors with Wi-Fi thermostat, and oversized illuminated mirror. Additional living space continues in the finished basement, complete with a dry bar and beverage refrigeratorideal for movie nights, entertaining, or additional guest space. The second floor offers four generously sized bedrooms, 9-foot ceilings, a dedicated laundry room with washer, dryer, and overhead cabinetry, plus access to a private porch overlooking the pool. All secondary bathrooms feature Kohler fixtures, custom tilework, Schluter waterproofing systems, and quartz-topped custom vanities. Step outside and discover a private resort-style backyard featuring a heated saltwater pool, outdoor shower, paver patio/deck, professional landscaping, sod lawn, and 6-foot white vinyl privacy fence. This outdoor space is particularly well suited to enjoying the coastal lifestyle and entertaining family, friends, and potential vacation-rental guests. Additional features include an oversized attached two-car garage with an electric vehicle charging hookup and 8-foot garage door, dual HVAC systems with Wi-Fi-enabled thermostats, and an asphalt driveway providing ample guest parking. Beyond the property itself, the location offers convenient access to many of Rehoboth Beach's popular attractions. Enjoy close proximity to the Bike Path, Art Studio, Tomato Sunshine/Farmers' Market, and West Side Creative Market, among the many recreational, dining, shopping, and entertainment opportunities the area has to offer. Located just outside the city limits, the property benefits from the ability to offer more living space than is typically permitted within the city, while remaining close to the beach and the attractions that make Rehoboth Beach such a sought-after destination. Luxury finishes. Resort-style outdoor living. Five bedrooms. Finished basement. Prime coastal location. Beachside Builders

Price History
9/16/2026 Listed $1,799,000

General Features

Living Area 4064
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Possession Settlement
Zoning GR
Garage Spaces 2.00
Patio/Porch Features Balcony,Patio(s)
Architectural Style Contemporary,Other
Pool Features Fenced,Heated,In Ground
Construction Materials Stick Built
School District CAPE HENLOPEN
Year Built 2026
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction Yes
Property Type Residential
HOA No
Subdivision Name STOCKLEY SUBDIVISION
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 4
Status ACTIVE
Directions Travelling south on Route 1 in Delaware -Follow DE-1 S to Sea Blossom Blvd - for 3.6 miles. Take Rehoboth Ave Ext and Hebron Rd to Malloy St.
City REHOBOTH BEACH
Disclosures Lead Based Paint - State,Radon,Prop Disclosure
Senior Community Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 4960.00
Tax Assessed Value 217400.0
Tax Annual Amount 460.0
Home Warranty Y/N Yes
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 4
Bathrooms Count Main Level 4.00
Price Per Sq Ft Total AG 549.65
Acceptable Financing Cash,Conventional,Other
Construction Completed Y/N Yes
Vacation Rental Y/N No
Total SQFT 4064
Sussex DE Quadrants East of Rt 1
Builder Name Beachside Builders
Standard Status Active
Year Built Source Estimated
Legal Subdivision Stockley Subd
Tax Lot 41
Association Recreation Fee No

Interior Features

Interior Amenities Bathroom - Soaking Tub,Bathroom - Walk-In Shower,Ceiling Fan(s),Floor Plan - Open,Kitchen - Gourmet,Kitchen - Island,Recessed Lighting,Upgraded Countertops,Walk-in Closet(s),Wet/Dry Bar
Heating Fuel Electric
Basement Fully Finished
Total Fireplaces 1
Fireplace Features Electric
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 3273
Central Air Y/N Yes
Total Bedrooms 5
Below Grade Finished Area 791
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Above Grade Unfin Area Units Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Exterior Amenities Extensive Hardscape,Outside Shower
Pool Yes - Personal
Fencing Vinyl
Water Source Public
Total Parking Spaces 2
Garage Features Garage - Front Entry,Garage Door Opener
Type of Parking Attached Garage,Driveway,Off Site
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 50.00 x 100.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 217400.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 2

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 $1.89M
$1.8M
Taxes
AVG $2,563
$460
Year Built
AVG 1997
2026
Visits
AVG 358
16
Data Provided by Inside Real Estate®