Property Description

Welcome to 103 Lakeside Drive in the desirable Plantations East community of Lewes, Delaware. This well-maintained property presents an exceptional opportunity for investors, future retirees, second-home buyers, or anyone looking to secure a beach-area property before they are ready to move. 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.

Property Features

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