Trading up from rehoboth beach summer house

[Anonymous]

For over a decade we have spent our summers at rehoboth beach with our family. We really enjoy it and found it convenient when one of u has to work in dc the summer.

Due to life changes we can now both take off the entire summer. We still love rehoboth and we have a house in almost as good a location as one can get (not oceanfront). However, in light of our ability to now be entirely off during the summer I’m wondering if we shouldn’t consider selling our rehoboth house and buying in a different locale.

Our current house would likely sell in the $3M range and we could add cash to that (say another million or maybe two).

Is there somewhere else that we should consider to buy? No geographic limitations.

[Anonymous]

Well, what are your preferences? On water? In the mountains? Something you can drive to? Fly to? Fly to but under X hours? Is weather a consideration - ie somewhere cooler/ more temperate than DC? Gotta give us something to go off of!

[Anonymous]

Anonymous wrote:For over a decade we have spent our summers at rehoboth beach with our family. We really enjoy it and found it convenient when one of u has to work in dc the summer.

Due to life changes we can now both take off the entire summer. We still love rehoboth and we have a house in almost as good a location as one can get (not oceanfront). However, in light of our ability to now be entirely off during the summer I’m wondering if we shouldn’t consider selling our rehoboth house and buying in a different locale.

Our current house would likely sell in the $3M range and we could add cash to that (say another million or maybe two).

Is there somewhere else that we should consider to buy? No geographic limitations.

This is an epic flex. find a realtor. I'm certain that i find much better brunch spots than you. but continue your flex.

[Anonymous]

How long are you likely to be doing this?
A friend of mine owned a house in Rehoboth and said she used it a lot when kids were little. Once kids were teens though and weekends and summers were filled with sports and other EC they weren’t using it so sold it.
We have a Condo there we use but it’s also a rental for us. DD is 11 but we feel like we will keep going even if she doesn’t want to down the road.
If your long summers are going to be for several years I could see buying somewhere else. If not, I’d keep what you have because of how close it is.

[Anonymous]

OP why would you make a post and then not say anything about what you want from your new summer spot?

[Anonymous]

Do you still have kids? Any medical issues? Any form of social life? I'm a SAHM who spends the summer with our kids at our beach house in downtown Rehoboth. We would still travel back to DC for birthday parties or other kid events, doctor appointments, etc.

It's easy to go back for a school orientation or class play date one week before school starts then still go back to the beach. It's harder to do that if you're a flight away. Plus doctor appointments, parties, etc. The logistics are really hard to leave for the entire summer and never go back. Everyone I know goes back home at least a few times over the Summer.

[Anonymous]

Anonymous wrote:Do you still have kids? Any medical issues? Any form of social life? I'm a SAHM who spends the summer with our kids at our beach house in downtown Rehoboth. We would still travel back to DC for birthday parties or other kid events, doctor appointments, etc.

It's easy to go back for a school orientation or class play date one week before school starts then still go back to the beach. It's harder to do that if you're a flight away. Plus doctor appointments, parties, etc. The logistics are really hard to leave for the entire summer and never go back. Everyone I know goes back home at least a few times over the Summer.

PP here. I forgot to mention that kids start doing 1-2 weeks of camps for their sports as they get older. So one of us has to go back for that. There's always some reason to go back home for a day or a week, even if you're spending the whole Summer at the beach. There's no way to get away form the fact that the distance between your primary home and your vacation home matters.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For over a decade we have spent our summers at rehoboth beach with our family. We really enjoy it and found it convenient when one of u has to work in dc the summer.

Due to life changes we can now both take off the entire summer. We still love rehoboth and we have a house in almost as good a location as one can get (not oceanfront). However, in light of our ability to now be entirely off during the summer I’m wondering if we shouldn’t consider selling our rehoboth house and buying in a different locale.

Our current house would likely sell in the $3M range and we could add cash to that (say another million or maybe two).

Is there somewhere else that we should consider to buy? No geographic limitations.

This is an epic flex. find a realtor. I'm certain that i find much better brunch spots than you. but continue your flex.

Best DCUM Real Estate post today!

[Anonymous]

New Zealand.

[Anonymous]

You're just going to find another million or two somewhere in your savings or budget?

You have a nice life OP. I don't think 99% of us can relate at all.

[Anonymous]

It's all about the kids and where they want to spend their summers, especially as they get older and have more activities (and opinions).

We sold our beach house once our DCs were in high school and didn't want to go anymore. We'll think about buying another once we figure out where they will land geographically after college.

[Anonymous]

Gross

[Anonymous]

Anonymous wrote:For over a decade we have spent our summers at rehoboth beach with our family. We really enjoy it and found it convenient when one of u has to work in dc the summer.

Due to life changes we can now both take off the entire summer. We still love rehoboth and we have a house in almost as good a location as one can get (not oceanfront). However, in light of our ability to now be entirely off during the summer I’m wondering if we shouldn’t consider selling our rehoboth house and buying in a different locale.

Our current house would likely sell in the $3M range and we could add cash to that (say another million or maybe two).

Is there somewhere else that we should consider to buy? No geographic limitations.

So you’ve been there for ten years - have you put down roots, have friends and neighbors in Rehoboth that would make you want to stay? If no that’s surprising. We have also had a summer house for ten years and although it’s doubled in value plus we’re in a better place financially and I’d love a bigger house with a few features ours doesn’t have, I’m loath to leave my block since we’ve all gotten close.

That said, if I was starting from scratch with that kind of scratch, I’d check out Avon, Spring Lake and Sea Girt in NJ.

[Anonymous]

Keep it and buy another house if you are that wealthy.

[Anonymous]

If I had that cash and could be gone all summer, I would buy in Nantucket no question. You can get a lovely house there in the 3-4M range.