Cement-based materials with a low water/binder ratio contain a high number of unhydrated cement particles, which implies that a rehydration reaction occurs when they encounter water again. This study aimed to explore how rehydration influences the macroscopic and microscopic properties of cement-based materials. The key study findings included that rehydration could still occur in cement-based materials after one year of hydration, and that the capacity for rehydration-induced repair or damage to cement-based materials depended on whether their internal pores could accommodate rehydration products. During rehydration, the compressive strength and porosity of the specimens were found to first increase and then decrease. The capillary water absorption coefficient decreased continuously over a rehydration period of 120 days. As the water/binder ratio rose, the rehydration rate first increased and then decreased. First, the influence of temperature on the rehydration rate was more noticeable when the water/binder ratio was below 0.3; second, whereas adding large amounts of fly ash and silica fume did not prove to be conducive to repairing and enhancing cement-based materials undergoing rehydration, adding slag and small quantities of silica fume, or alternatively compounding small amounts of silica fume and fly ash could improve the repair and enhancement effects of rehydration.