BOATER'S PARADISE! 5 community marina locations = so many boat slip rentals available for you. Or just use the community’s boat ramp when you're ready to enjoy a day on the water. Newer bulkheading & recently dredged, too. Plenty of bait & tackle and fuel stops nearby. And the famous Rehoboth boardwalk is just 15 miles away when you want a sandy beach day. Super spacious floor plan includes a formal living room, formal dining room (or den), family room, and a large kitchen with an adjoining dining area. Sparkling glimpses of White House Cove as you look down Sand Shrimp Lane and Schooner Road from the screened porch & two rear, side decks. The open kitchen features hi-def countertops, a stainless steel farm sink, crisp white cabinetry, and a matching white appliance package include a fridge, dishwasher, smooth-top electric range, range hood, and a countertop microwave. Popular split bedroom plan. The main bedroom is en Suite with a soaking tub and separate stall shower. The other two bedroom share the second full bath in the hall near the formal dining room. Laundry room with a utility sink and a full-size, side-by-side washer & dryer set. Parking for 4 vehicles. Partially furnished. Big storage shed. Roof was new 2015, HVAC is approx. 7-years young. Golf carts are allowed in this community. Boat &/or PWC may be stored on your lot. Annually-renewable leasehold interest with current Lot Rent at $831.57/mt. (renews each year on April 1, with any future increases capped as per 25 Del. C. Sec 7050-7054). Homeowner pays electric, fuel (LP gas) water, and sewer. The Community Owner requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals and subletting are NOT permitted.) Financing may be available to qualified borrowers from only a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land (outside of the FEMA flood zone, but a Lender may require a flood insurance policy if you want to use a chattel loan to purchase). Closing costs will include a 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.
