Location, location, location! It is a unique opportunity when a home in the "Ponds Edge" section of the exclusive Canal Corkran neighborhood becomes available. Come and see this 3000 square foot meticulously maintained 4 bedroom, 3.5 bathroom townhome with direct water views. Multiple outdoor spaces allow for visual enjoyment of the inspiring wildlife and seasonal foliage that border the tranquil pond through the year. The serenity of the location combined with its effortless proximity to downtown Rehoboth and the beach make this a standout choice. Walk or ride your bike everywhere including nearby access to the popular Junction and Breakwater trail. Enter on the ground level into a spacious foyer with large closets and interior access to the one car front loading attached garage. There are two bedrooms on the ground floor each with access to the rear covered patio. A full bath and separate laundry room complete the entry level. Upstairs on the main level the large open kitchen features expansive cabinet space and wide open granite countertops with a breakfast bar. The capacious living and dining room adjacent to the kitchen were beautifully designed to welcome the gathering of your family and friends. A cozy gas fireplace in the living room adds warmth and ambiance. Access to a deck off the living room provides an al fresco dining option overlooking the lawn and pond. This level also features a powder room and a primary bedroom with ensuite bath with double vanity and tub-shower combo. An additional luxurious primary bedroom suite is located on the upper level with two walk-in closets and a full bath with double vanities, a soaking tub and separate walk-in shower. Note that the major systems (HVAC, Water Heater, Roof) were replaced in 2023. Situated just a stone's throw from vibrant downtown Rehoboth Beach, you can easily walk or bike to explore its renowned restaurants, shops, and the beach itself—a true bonus during the bustling summer months! This prime location also offers central access to the many attractions along Coastal Highway. The Canal Corkran community offers more than just tranquility and location; there is also a beautiful community pool. Moreover, just across the street from the community you will find a lively market, organized by the Developing Artist Collaboration in the summer, featuring local vendors, delicious food trucks, and live music. This exceptional townhome presents a rare opportunity. Whether you're seeking a luxurious family home, a convenient coastal getaway, or a fantastic rental investment, this property truly has it all.