Ballad

For

$807,555

Est. Payment

$3,132 /mo

Own a home at The Cove at Spring Lake
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $3,132, based on a 4.75% Interest Rate, 6.91% APR
Year 2: Payment of $3,432, based on a 5.75% Interest Rate
Year 3-30: Payment of $3,748, based on a 6.75% Interest Rate

Principal & Interest

$2,533

Property Tax

$202

Hazard Insurance

$60

HOA Fee

$337

Total estimated monthly payment

$3,132

Financing example based on a Conventional conforming 30 year loan product with a 2-1 buydown. Based on a sales price of $807,555, a loan amount of $485,518 and a 40% down payment. Principal and interest payment of $2,533/month with a rate of 4.75% for year one, $2,833/month with a rate of 5.75% for year two, $3,149/month with a rate of 6.75% for year three and an APR of 6.91%. Rates come at a cost of 1% of the loan amount. Real Estate taxes are estimated at $202 per month and hazard insurance is estimated at $60 per month for a total monthly payment of $3,132 for year one, $3,432 for year two and $3,748 for years 3-30. The total payment shown includes the monthly HOA fee of $337. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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302.214.6315

available home in The Cove at Spring Lake

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Located in The Cove at Spring Lake

4 Bedroom

1,960 Sq.Ft.

3 Full Bath

1 Half Bath

1 Car Garage

Floor Plan

Virtual Tour

About the Home

Available in November 2026

Welcome to The Ballad at The Cove at Spring Lake, a brand-new townhome offering the space, style, and comfort of a single-family home in desirable Rehoboth Beach. This thoughtfully designed 3-story home features a first-floor guest suite, luxury vinyl plank flooring throughout the entire first and second floors and staircase, and modern black fixtures throughout.

The heart of the home is a gourmet kitchen showcasing Duraform Harbor cabinetry, upgraded quartz countertops, a ceramic tile backsplash, crown molding, a built-in hutch, pendant lighting, gas cooking, and a stainless steel appliance package including a counter-depth refrigerator. The spacious great room opens to an impressive 8' x 20' composite deck, perfect for relaxing or entertaining.

Upstairs, the luxurious owner’s suite features two walk-in closets and a spa-inspired bath with a Roman shower and dual vanity. An additional bedroom and full bath provide space for family and guests. Included washer and dryer, LED lighting package, and an exterior gas line for a future grill add everyday convenience.

Enjoy low-maintenance coastal living just minutes from Rehoboth Beach, shopping, dining, and recreation in this move-in-ready new construction home.

Located in the

The Cove at Spring Lake Community

20674 Windbreaker Drive
Rehoboth Beach, DE 19971

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