412 Bay Avenue , Lewes, DE 19958 for sale in Dewey Beach, Delaware

$1,799,000

RARE OPPORTUNITY ON LEWES BEACH.......This is a rare once in a lifetime opportunity to create your family beach estate on this oversized 75 x 100 lot on Lewes Beach! Renovate the 90 year old classic beach cottage or build your dream home! Rental potential for existing home is $3,100 per week in season. Elevation certificate and flood insurance proposal for existing home attached and only $1,708 per year. Or you can build up to 11,250 square foot home on this lot. New construction lot home package plans for five bedroom, 4 1/2 bath home with 3,486 sq. ft. heated and lots of decks and screened porches available and attached (build and demo and permit costs $575,000). Start living the Lewes Beach Lifestyle today - walk to downtown Lewes shops and restaurants, go sailing on the Delaware Bay, enjoy a romantic stroll down the beach, & more!

Square Footage: 3000

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