15 Powder Horn Lane

Rehoboth Beach, DE 19971

Leased land ownership with Lot Rent of $562.33/mt. This spacious doublewide home is located just a few short blocks to the community pool and playground. And it's less than a 5-mile drive to either the Lewes public beach or the Rehoboth boardwalk & beach (or catch the DART bus at the Midway Galleria shopping center if you don't feel like driving & finding parking). The galley-style kitchen has a gas range, range hood, fridge, dishwasher, and a disposal. There's a dinette area right next to the living room. The living room has a formal dining room next to it (or use it as a den or home office). Split bedroom plan. Main bedroom has a walk-in closet & its own bath with a tub/shower. The other two bedrooms are on the opposite side of the house and share the second full bath, which also has a tub/shower. Oversized storage shed. Newer HVAC (2018). A-frame roof with architectural shingles (2018). Replacement windows. Colonial East is near the Midway Speedway Park, a fitness club with racquetball courts, the movie theaters, shopping & restaurants. Two pets are allowed in this community, plus Colonial East has a little Dog Park. (Note: Rentals are NOT permitted, but friends & family may always visit.) Your monthly Lot Rent includes seasonal lawn service, trash & membership to the outdoor pool. Homeowner pays electric, water, sewer, metered LP gas & cable/Internet. RHP (a/k/a Bayshore Homes) is the current community owner and they require 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. Financing may be available to qualified borrowers from only a very few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include 3.75% DMV Doc Fee & Settlement Agent fee.