38967 Willow Ln, Fenwick Island, DE 19944

$1,100,000
5
BD
4
BA
3,950
SqFt

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List Price
$1,100,000
Price Change
▼ $49,000 1783988087
Days on Market
134
Status
ACTIVE
MLS#
DESU2106256
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,950
Lot Size (Acres)
0.11
Year Built
1990
County
Sussex
Subdivision
None Available

Property Description

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.

Additional Information

Area
Baltimore Hundred (31001)
Annual Tax Amount
$1,324
Ownership Interest
Fee Simple
Stories
2
Interior Features
Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Bathroom - Stall Shower, Recessed Lighting, Bathroom - Tub Shower, Walk-in Closet(s), Window Treatments, Wood Floors, Primary Bath(s), Carpet
Flooring
Carpet, Ceramic Tile, Hardwood
Exterior Features
Outside Shower, Awning(s)
Heating
Forced Air
Cooling
Ceiling Fan(s), Central A/C
Roof
Shingle
Utilities
Cable TV, Propane
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate Premier. Contact: 3027414545