37411 Malloy St, Rehoboth Beach, DE 19971

Property Description

Luxury New Construction with Resort-Style Pool, Designer Finishes & Strong Rental Potential Welcome home to this exceptional 5-bedroom, 4-bath luxury new construction home, offering more than 3,300 square feet of beautifully designed living space just East of Coastal Highway. Beyond its impressive finishes and resort-style amenities, this property presents an exciting opportunity for those seeking a second home, investment property, or primary residence with potential rental income estimated at approximately $110,000–$140,000 annually, subject to rental demand, seasonality, local regulations, and actual performance. Experience elevated coastal living in this meticulously crafted home featuring soaring ceilings, oversized sliding doors, and a spectacular backyard anchored by a heated saltwater pool. Every detail has been thoughtfully selected to create a sophisticated yet comfortable setting for both everyday living and entertaining. The main level features 10+ foot ceilings, 8-foot solid interior doors, Andersen windows and sliding doors, LP® SmartSide® siding, and luxury vinyl flooring. A dramatic 42" x 8' front entry door makes an immediate statement, while multiple oversized sliding glass doors provide a seamless connection between the interior living spaces and the poolside backyard. The living room features a large electric fireplace, while the custom entryway offers built-in bench seating, storage, and a coat rack.The gourmet kitchen is designed to impress, featuring an expansive 8-foot island, quartz countertops, and a premium Forno appliance package including a 48" electric range, 60" built-in refrigerator, drawer microwave, and more. Whether preparing meals for family or entertaining guests, the kitchen serves as the centerpiece of the home. The luxurious primary suite offers a private retreat with vaulted ceilings and a spacious walk-in closet with custom organizers. The spa-inspired primary bathroom includes a soaking tub, curbless marble-tiled shower, heated floors with Wi-Fi thermostat, and oversized illuminated mirror. Additional living space continues in the finished basement, complete with a dry bar and beverage refrigerator—ideal for movie nights, entertaining, or additional guest space. The second floor offers four generously sized bedrooms, 9-foot ceilings, a dedicated laundry room with washer, dryer, and overhead cabinetry, plus access to a private porch overlooking the pool. All secondary bathrooms feature Kohler fixtures, custom tilework, Schluter waterproofing systems, and quartz-topped custom vanities. Step outside and discover a private resort-style backyard featuring a heated saltwater pool, outdoor shower, paver patio/deck, professional landscaping, sod lawn, and 6-foot white vinyl privacy fence. This outdoor space is particularly well suited to enjoying the coastal lifestyle and entertaining family, friends, and potential vacation-rental guests. Additional features include an oversized attached two-car garage with an electric vehicle charging hookup and 8-foot garage door, dual HVAC systems with Wi-Fi-enabled thermostats, and an asphalt driveway providing ample guest parking. Beyond the property itself, the location offers convenient access to many of Rehoboth Beach's popular attractions. Enjoy close proximity to the Bike Path, Art Studio, Tomato Sunshine/Farmers' Market, and West Side Creative Market, among the many recreational, dining, shopping, and entertainment opportunities the area has to offer. Located just outside the city limits, the property benefits from the ability to offer more living space than is typically permitted within the city, while remaining close to the beach and the attractions that make Rehoboth Beach such a sought-after destination. Luxury finishes. Resort-style outdoor living. Five bedrooms. Finished basement. Prime coastal location. Beachside Builders