A Rare Silver Lake Waterfront Estate Introducing 20340 Silver Lake Drive, an extraordinary waterfront offering in one of Rehoboth Beach's most coveted and prestigious locations. Perfectly positioned across from iconic Silver Lake, this exceptional coastal estate captures breathtaking water views from every level, complemented by a private dock and direct water access, creating an unparalleled lifestyle defined by luxury, privacy, and recreation. Spanning an impressive footprint with 9 bedrooms and 7.5 bathrooms, this remarkable residence presents a rare opportunity to create a legacy property tailored to your vision. Whether envisioned as a grand primary residence, an exclusive coastal retreat, or an income producing property, the possibilities are truly limitless. Designed for both elegant entertaining and comfortable everyday living, the expansive floor plan features three luxurious primary suites, offering exceptional privacy and accommodations for family and guests. Two full kitchens, multiple gathering spaces, and a fully finished lower level provide extraordinary flexibility for hosting, relaxation, and customization, allowing the next owner to curate a residence that reflects their unique lifestyle and taste. Outside, discover your own private resort-style oasis. Lounge beside the heated in-ground pool, entertain under the coastal sky, or step across to your private dock and enjoy tranquil mornings on the water, sunset kayak excursions, and the serenity of Silver Lake's stunning waterfront setting. The property also features a circular front drive, expansive rear parking area, and insulated two-car garage, ensuring effortless arrival and ample accommodations for guests and special gatherings. Located just moments from Rehoboth Beach's renowned boardwalk, award-winning restaurants, boutique shopping, marinas, and the Atlantic Ocean, this exceptional estate offers the perfect balance of waterfront tranquility and coastal sophistication. Rarely does a Silver Lake property of this scale, location, and potential become available. An exceptional opportunity to own one of Rehoboth Beach's most distinctive waterfront estates awaits. Start creating memories today. Contact to set up your private, exclusive tour today!
ACTIVE
- Price
- $ 7,900,000
- City
- Rehoboth Beach
- Bedrooms
- 9
- Full Bathrooms
- 7
- County
- SUSSEX
- Half Bathrooms
- 1
- Area
- Lewes Rehoboth Hundred
- Lot Size
- 0.35 Acres
- Zip
- 19971
- Sqr Footage
- 10,148
- Year Built
- 1980
- Taxes
- $ 14351
- Style
- Coastal,Mid-Century Modern
- MLS#
- DESU2117050
Features
General
Interior Features
Exterior Features
Room Details
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
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Selbyville, DE office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 19971
Areas That We Cover
20340 Silver Lake Drive Rehoboth Beach, DE is a Single Family Home for sale at $7900000 with 10148 sqft and a lot size of 0.35 Acres Acre(s). 20340 Silver Lake Drive Rehoboth Beach has 9 bedrooms, 7 baths and was built in 1980. The property's zip code is 19971 which is in Rehoboth Beach, DE
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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