UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $234
Subdivision Plantations East
MLS Listing ID DESU2112800
Style Traditional
Bedrooms 3
Full Baths 3
HOA Fees $350/qua
HOA Y/N Y
Abv Grd Liv Area 1,536
Year Built 2002
Annual Tax Amount $753
Tax Year 2025
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 24.00 x 113.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Currently tenant-occupied through December 31, 2026, with rental income of $1,950 per month, this home offers immediate income-producing potential with a tenant already in place. It is also an excellent option for buyers seeking a 1031 Exchange replacement property, allowing investors to continue building wealth while benefiting from steady rental income.
Plantations East is known for its scenic ponds, walking trails, mature landscaping, and peaceful setting, all while being conveniently located near the area's most popular attractions. Enjoy easy access to Lewes and Rehoboth Beach, shopping, dining, golf courses, entertainment, and everyday conveniences. Beebe Healthcare and other medical facilities are just minutes away.
The community's central location provides convenient access throughout the coastal region while helping residents navigate around much of the seasonal beach traffic. Nearby state parks, biking trails, boating, fishing, and outdoor recreation make this an ideal location for both year-round living and vacation enjoyment.
Whether you're looking for a turnkey investment property, a future retirement residence, a second home at the Delaware beaches, or a property suitable for a 1031 Exchange, 103 Lakeside Drive offers flexibility, income potential, and a highly desirable location close to everything coastal Delaware has to offer.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning MR
Rooms
Main Level Bedrooms 1
Interior
Interior Features Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space, Pantry, Primary Bath(s), Upgraded Countertops, Walk-in Closet(s), Other
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Gas/Propane
Equipment Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
Furnishings No
Fireplace Y
Appliance Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Exterior Feature Enclosed, Porch(es)
Garage Spaces 2.0
Utilities Available Cable TV Available, Phone Available, Sewer Available, Water Available
Amenities Available Common Grounds, Jog/Walk Path
Water Access N
Roof Type Architectural Shingle
Street Surface Paved
Accessibility None
Porch Enclosed, Porch(es)
Total Parking Spaces 2
Garage N
Building
Lot Description Landscaping
Story 2
Foundation Slab
Above Ground Finished SqFt 1536
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Cape Henlopen
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Lawn Maintenance,Management,Road Maintenance,Security Gate,Snow Removal
Senior Community No
Tax ID 334-06.00-1354.00
Ownership Fee Simple
SqFt Source 1536
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
Nearby Locations
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Jim Serio
Associate Real Estate Broker, Team Lead | License ID: 000853
Associate Real Estate Broker, Team Lead License ID: 000853