It's all about location! Welcome to 38183 Terrace Rd, Silver Lake Manor, Rehoboth Beach. Ideally located, this 3bd/2ba single family home offers an easy bike ride to Rehoboth or an easy walk into Dewey. The home features an open floorplan that's great for entertaining. The home has five French double glass entrance doors with transom windows that's provide brilliant sunshine that brightens the home's interior. Casement windows, recessed lighting, ceiling fans (8) in every room and both porches, gas fireplace, custom colors, together create a warm beachy feeling. Hardwood floors are throughout the 1st floor. The kitchen boasts stainless appliances, glass faced cabinets, ceiling fan and recessed lights. The bonus room behind the kitchen can be used as a dining room, office, great room and offers access through the double glass doors to the rear screened porch. The entire 2nd floor is carpet. Both of the full baths have tile floors and tile baths. The exterior of the home excites you with a very private back yard, mature trees, professional landscaping and off street parking. The two huge porches (18 x 13) both have 13.5' high vaulted ceilings and could easily be converted into additional living space creating additional sq' to the home. This is an excellent opportunity whether it's your primary beach home, investment rental or your 2nd beach home, this location offers easy access to all of the resorts activities.