20173 Wil King Road Lewes, DE 19958

$274,000
2
Beds
1
Baths
0.29
Acres
855
SQFT
320
$/SQFT
$274,000
2
Beds
1
Baths
855   sf
$320 / sf
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If you've been waiting for an affordable way into the Lewes market, this is it. Homes in this area don't come at this price often, and for good reason. You're less than 8 miles from Lewes Beach and just 11 miles from the Rehoboth Beach boardwalk, making this a genuinely rare find for buyers and investors alike.The home is move-in ready with 2 bedrooms, 1 bath, and ceramic tile throughout. Easy to maintain and easy to rent. Low utility costs thanks to an energy-efficient mini-split system, R-49 attic insulation, an updated well pump, and a water heater mean fewer headaches for whoever ends up owning this place. The oversized garage gives you extra storage, and the three-season room overlooking the backyard is the kind of thing tenants and guests love. No HOA means you make the calls: short-term rental, long-term lease, or a personal beach retreat. There's also an exciting opportunity to open up the wall between the kitchen and living room, which would give the main living area a much more open, connected feel and add real value without a massive renovation. The property also features a 3-tier septic system that's more efficient and environmentally compliant than a standard system, meaning lower risk of issues down the road and less worry for the next owner. At this price, in this location, with this much potential, it won't last long!

If you've been waiting for an affordable way into the Lewes market, this is it. Homes in this area don't come at this price often, and for good reason. You're less than 8 miles from Lewes Beach and just 11 miles from the Rehoboth Beach boardwalk, making this a genuinely rare find for buyers and investors alike.The home is move-in ready with 2 bedrooms, 1 bath, and ceramic tile throughout. Easy to maintain and easy to rent. Low utility costs thanks to an energy-efficient mini-split system, R-49 attic insulation, an updated well pump, and a water heater mean fewer headaches for whoever ends up owning this place. The oversized garage gives you extra storage, and the three-season room overlooking the backyard is the kind of thing tenants and guests love. No HOA means you make the calls: short-term rental, long-term lease, or a personal beach retreat. There's also an exciting opportunity to open up the wall between the kitchen and living room, which would give the main living area a much more open, connected feel and add real value without a massive renovation. The property also features a 3-tier septic system that's more efficient and environmentally compliant than a standard system, meaning lower risk of issues down the road and less worry for the next owner. At this price, in this location, with this much potential, it won't last long!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sussex
  • Area
    Indian River Hundred
  • Tax Amount
    $635
  • Status
    Active
  • Listing #
    DESU2114016
  • Built
    1972
  • Lot Size
    0.29
  • Listed on site
    12 days
  • Listing Agent Id
    304462634326

Listed by:
EXP Realty, LLC

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Fence
  • Has garage
  • No Pool
  • Porch

Interior Features

  • Main Floor Bedroom
  • Pantry

Style

  • Cottage

Property History

DateDays AgoEventNew Price
Jun 16, 20268 days agoPrice decreased15,000 (5%)$274,000
Jun 11, 202613 days agoNew on market$289,000
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