38967 Willow Lane Fenwick Island, DE 19944

$1,100,000
5
Beds
4
Baths
0.11
Acres
3,950
SQFT
278
$/SQFT
$1,100,000
5
Beds
4
Baths
3,950   sf
$278 / sf
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price reduced
1/51
Street View

Welcome to your ultimate family beach getaway in Fenwick Island. This beautifully maintained 5-bedroom, 4-bath home offers approximately 4,000 square feet of living space and is located less than one mile from the beach—delivering the ideal blend of comfort, versatility, and prime coastal location. With Delaware’s low property taxes, this is a smart investment as well as a place to create lifelong memories.Step inside to discover a bright and expansive family room centered around a cozy fireplace, perfect for year-round enjoyment. The spacious kitchen offers abundant cabinetry and generous gathering space, making it ideal for hosting large family meals and entertaining guests. Just off the main living area, a sunroom provides a peaceful retreat to unwind after a day on the sand.For those working remotely or running a business, the home features a dedicated office space with its own private entrance—offering flexibility, privacy, and convenience.The first-floor primary suite provides easy access and comfortable privacy. Upstairs, you’ll find a fully functional apartment-style living space complete with both private exterior access and interior connectivity. This flexible layout is perfect for extended family, guests, or creating additional rental income.Located just minutes from local restaurants, shopping, waterparks, mini golf, and coastal attractions, this property offers unbeatable proximity to everything the area is known for. Zoned Residential C-1 Commercial, it presents unique opportunities for personal enjoyment, rental income, or mixed-use potential.Projected short-term rental income is approximately $91,700 annually—with the possibility of generating even more if configured as two separate units.Whether you’re searching for a personal beach retreat, an income-producing property, or a flexible coastal investment, this exceptional home checks every box.

Welcome to your ultimate family beach getaway in Fenwick Island. This beautifully maintained 5-bedroom, 4-bath home offers approximately 4,000 square feet of living space and is located less than one mile from the beach—delivering the ideal blend of comfort, versatility, and prime coastal location. With Delaware’s low property taxes, this is a smart investment as well as a place to create lifelong memories.Step inside to discover a bright and expansive family room centered around a cozy fireplace, perfect for year-round enjoyment. The spacious kitchen offers abundant cabinetry and generous gathering space, making it ideal for hosting large family meals and entertaining guests. Just off the main living area, a sunroom provides a peaceful retreat to unwind after a day on the sand.For those working remotely or running a business, the home features a dedicated office space with its own private entrance—offering flexibility, privacy, and convenience.The first-floor primary suite provides easy access and comfortable privacy. Upstairs, you’ll find a fully functional apartment-style living space complete with both private exterior access and interior connectivity. This flexible layout is perfect for extended family, guests, or creating additional rental income.Located just minutes from local restaurants, shopping, waterparks, mini golf, and coastal attractions, this property offers unbeatable proximity to everything the area is known for. Zoned Residential C-1 Commercial, it presents unique opportunities for personal enjoyment, rental income, or mixed-use potential.Projected short-term rental income is approximately $91,700 annually—with the possibility of generating even more if configured as two separate units.Whether you’re searching for a personal beach retreat, an income-producing property, or a flexible coastal investment, this exceptional home checks every box.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sussex
  • Area
    Baltimore Hundred
  • Tax Amount
    $1,324
  • Status
    Active
  • Listing #
    DESU2106256
  • Built
    1990
  • Lot Size
    0.11
  • Listed on site
    133 days
  • Listing Agent Id
    801473605702

Listed by:
Iron Valley Real Estate Premier

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Deck
  • No Pool
  • Parking Off-Street
  • Patio
  • Porch

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Wood Floors
  • Main Floor Bedroom
  • Pantry

Style

  • Two Story
  • Colonial

Property History

DateDays AgoEventNew Price
Jul 13, 202622 hours agoPrice decreased49,000 (4%)$1,100,000
Jun 22, 202622 days agoPrice decreased40,000 (3%)$1,149,000
Apr 1, 20263 mos agoPrice decreased11,000 (1%)$1,189,000
Mar 3, 20264 mos agoNew on market$1,200,000
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