20332 Silver Lake Drive, Rehoboth Beach, DE 19971-2051 $4,895,000

Beds/Baths: 6/4.1
Interior Sq. Ft: 3,530
Acreage: 0.41
Age:93 years
MLS#: DESU2043856
Subdivision: None Available


Overlooking the idyllic Silver Lake of Rehoboth Beach, 20332 Silver Lake Drive stands out as an ode to classic coastal elegance. This stately residence boasts an impressive 3,530 square feet in the main house and sits on an expansive parcel of direct lakefront property. Taking advantage of the elevated homesite, this coastal estate offers extraordinary waterfront views from nearly every vantage point. The additional lakefront parcel directly in front of the home also conveys with the sale of this property. Upon entering a private drive framed by brick columns, rose bushes, and canopied by mature trees and perennial plantings, you are welcomed by the striking coastal residence and carriage house nestled on the spacious property. Defined by coastal breezes, ample natural light, and well-landscaped grounds, 20332 Silver Lake Drive showcases an inviting lakefront sunroom, with plenty of space for hosting, flowing seamlessly into the open-concept living room and kitchen. Open double doors to enjoy the breeze as you relax on the brick patio and terraced lawn with mature boxwoods, private gardens, potential space for a pool if desired, and beautiful views of Silver Lake. Antique oak flooring spans the entryway of the main house that leads to the great room, dining area, and a recently updated gourmet kitchen complete with a sizable island with wine fridge, breakfast dining with lake views, Sub-Zero refrigerator, Wolf cooktop, double dishwashers, double ovens, Wolf microwave and warming drawer and walk-in custom pantry. In addition, the lakefront great room has noteworthy custom-built bookshelves on each side of the fireplace. Open the doors to the patio and the sunroom for easy flow and a waterfront entertainment experience. The main floor primary suite, privately situated off the foyer and including a double sink, soaking tub, separate shower, bidet, large walk-in closet, and direct access to the laundry room, has been designed with maximum comfort and seclusion. Off the foyer, the separate office with a built-in desk and additional sitting room allows for quiet space on the main floor. The second floor features sleeping quarters with three bedrooms and two full baths, as well as a living room/study that overlooks the lake. Plentiful storage space is found throughout with linen closets and a cedar-lined walk-in closet. Unique and desirable amenities abound at this residence, including a separate guest apartment featuring two bedrooms and a bath, located just steps away from the main home over the garage bays. Two entrances to the property, one from Silver Lake Drive and one from William F Street, provide homeowners with quick and easy access to both Rehoboth and Dewey Beach as well as Coastal Highway. This iconic estate is ideally located just outside city limits in Rehoboth Beach and expertly blends time-honored Rehoboth history with modern design. This home is sold unfurnished and the dinner bell in the front yard is excluded from the sale. All information in MLS is estimated. MLS requires a year-built date, which is unknown. The current owner purchased the home in 1994 with a major remodel estimated in 1995. The tax record indicates 1930 as the last known date of record. Therefore, this date is estimated for the year built.

Taxes: $2,558
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: Cape Henlopen


Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Silver Lake; Water Body Type: Lake; Navigable: No;

Forced Air Heating, Heat Pump(s), Propane - Leased, Central A/C, Electric, Hot Water - Propane, Public Water, Public Sewer, Main Floor Laundry, Cable TV Available, Electric Available, Phone Available, Propane

Detached Garage, Driveway, Additional Storage Area, Garage - Rear Entry, Oversized, Detached Garage Spaces #: 2;

2nd Kitchen, Attic, Breakfast Area, Built-Ins, Carpet, Cedar Closet(s), Crown Moldings, Dining Area, Unfinished Basement, Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, Gas/Propane Fireplace, Accessibility - 2+ Access Exits

Block Foundation, Combination Exterior, Brick Porch/Deck, Patio(s), Terrace, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler

Additional Lot(s), Front Yard, Landscaping, SideYard(s), Trees/Wooded, Premium Lot, Private Lot, Lake, Lake View, Privacy Fence, Wood Fence

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.47 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.72 mi

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This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 22
  • Average salary of people in this community: $77,942

Community Summary

  • Population Density (ppl / mile): 501
  • Household Size (ppl): 1.92
  • Households w/ Children: 12%

Housing Inventory

  • Owned: 6,346 (37.1%)
  • Rented: 899 (5.3%)
  • Vacant: 9,875 (57.7%)
  • Total: 17,120

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,922
Households: 7,245
Median Age: 60.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.



Highest Level of Education Attained

  • Less than 9th Grade: 1.6%
  • Some High School: 2.2%
  • High School Graduate: 22.6%
  • Some College: 15.3%
  • Associate Degree: 7.3%
  • Bachelor's Degree: 29.1%
  • Graduate Degree: 21.9%

Income by dollar range

Median Income: $75,846

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • One Bedroom: $1,063
  • Two Bedroom: $1,178
  • Three Bedroom: $1,724
  • Four Bedroom: $2,611

© 2023 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Monument Sotheby's International Realty , (302) 227-6767, justin.healy@msir.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/02/2023.

20332 Silver Lake Drive, Rehoboth Beach, DE 19971-2051

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