Welcome to one of Point Farm’s finest offerings, an exceptional 5-bedroom, 3.5-bath custom retreat on one acre with sweeping water views and the rare combination of luxury, privacy, and functionality. Tucked behind mature trees on a spacious lot with a shaded sitting area, this 3,900-square-foot masterpiece invites you to experience life at the water’s edge in style. Step through the front door and prepare to be captivated by panoramic water views that stretch across the main living areas. The heart of the home is a designer kitchen featuring exquisite countertops and a statement backsplash, perfect for entertaining or enjoying a quiet morning coffee while the water sparkles just beyond. The main level offers effortless single-floor living with 3 spacious bedrooms and 2.5 baths, while the second floor delivers a beautifully appointed in-law suite complete with two additional bedrooms and a full bath as well as living and kitchen areas—ideal for multigenerational living or hosting guests in total comfort. Space exists for an elevator to be added if desired, and the area has a separate access for maximum privacy. Outside, a private dock awaits with boat lift, electricity, and water already in place—just add your boat and go. The oversized garage easily holds four vehicles and includes a dedicated workshop area for the enthusiast or hobbyist seeking space to create. Homes in Point Farm don’t come along often—especially not with this blend of refinement, water access, and turnkey condition. If you’ve been waiting for the right coastal luxury property, this is it. Listing agent has a copy of a recent appraisal which values the property at $1.396M. A copy is available upon request.
Sold for $1,120,500
Street View
$1,120,500
118 Riverview Dr, Dagsboro, DE 19939
5beds
3,900sqft
Single Family Residence
Built in 1996
0.94 Acres Lot
$1,112,800 Zestimate®
$287/sqft
$4,528 Estimated rent
Home value
$1,112,800
$1.02M - $1.20M
$4,528/mo
Zestimate® history
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List your homeWhat's special
In-law suiteBoat liftPrivate dockSweeping water viewsSingle-floor livingExquisite countertopsOversized garage
Zillow last checked:
Listing updated:
Listed by:
Andrew Timmons 302-236-7349,
Keller Williams Realty,
Listing Team: Team Timmons, Co-Listing Team: Team Timmons,Co-Listing Agent: Tammy Dunn 302-841-7670,
Keller Williams Realty
Bought with:
Andrew Timmons, 682445
Keller Williams Realty
Tammy Dunn, RS0037553
Keller Williams Realty
Source: Bright MLS,MLS#: DESU2086526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Built-In Range, Dishwasher, Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater
Features
- Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen Island, Kitchenette, Pantry, Primary Bedroom - Bay Front, Recessed Lighting
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Electric
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,900 sqft
- Finished area above ground: 3,900
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Storage, Garage Faces Front, Garage Door Opener, Oversized, Driveway, Attached
- Garage spaces: 4
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Boat Storage, Lawn Sprinkler, Outdoor Shower
- Pool features: None
- Spa features: Bath
- Has view: Yes
- View description: Bay, Garden, Panoramic
- Has water view: Yes
- Water view: Bay
- Waterfront features: Boat/Launch Ramp - Private, Private Dock Site, Bayfront, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Canal
- Frontage length: Water Frontage Ft: 200
Lot
- Size: 0.94 Acres
- Dimensions: 100.00 x 439.00
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 23307.00107.00
- Zoning: AR-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Crawl Space
Condition
- Excellent
- New construction: No
- Year built: 1996
- Major remodel year: 2022
Utilities & green energy
- Sewer: Private Septic Tank, Holding Tank, Other
- Water: Public
Community & HOA
Community
- Subdivision: Point Farm
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Dagsboro
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $1,227,900
- Annual tax amount: $1,815
- Date on market: 5/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Inclusions: Living Room Couch, Dining Table Downstairs, Bed Upstairs
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Pending sale | $1,250,000+11.6%$321/sqft |
Source:  Bright MLS #DESU2086526 Report a problem | ||
| 9/12/2025 | Sold | $1,120,500-10.4%$287/sqft |
Source: Bright MLS #DESU2086526 Report a problem | ||
| 7/24/2025 | Contingent | $1,250,000$321/sqft |
Source: Bright MLS #DESU2086526 Report a problem | ||
| 6/9/2025 | Price change | $1,250,000-7.4%$321/sqft |
Source: Bright MLS #DESU2086526 Report a problem | ||
| 5/19/2025 | Listed for sale | $1,350,000$346/sqft |
Source: Bright MLS #DESU2086526 Report a problem | ||
| 5/16/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/16/2025 | Listed for sale | $1,350,000$346/sqft |
Source: Owner Report a problem | ||
| 5/5/2025 | Pending sale | $1,350,000$346/sqft |
Source: Owner Report a problem | ||
| 4/24/2025 | Price change | $1,350,000-8.2%$346/sqft |
Source: Owner Report a problem | ||
| 4/4/2025 | Price change | $1,470,000-5.2%$377/sqft |
Source: Owner Report a problem | ||
| 3/21/2025 | Listed for sale | $1,550,000+148%$397/sqft |
Source: Owner Report a problem | ||
| 4/30/2014 | Sold | $625,000-14.4%$160/sqft |
Source: Public Record Report a problem | ||
| 8/9/2013 | Price change | $729,900-7%$187/sqft |
Source: ResortQuest Real Estate #604731 Report a problem | ||
| 6/5/2013 | Listed for sale | $784,900$201/sqft |
Source: ResortQuest Real Estate #604731 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,647 +43.9% | $613,950 +1298.5% |
| 2024 | $1,839 +0.1% | $43,900 |
| 2023 | $1,837 +1.6% | $43,900 |
| 2022 | $1,808 +3% | $43,900 |
| 2021 | $1,754 +4.7% | $43,900 |
| 2020 | $1,675 | $43,900 +27.1% |
| 2019 | $1,675 +29.5% | $34,550 |
| 2018 | $1,294 -1% | $34,550 |
| 2017 | $1,306 +12.5% | $34,550 |
| 2016 | $1,161 +58.6% | $34,550 |
| 2015 | $732 +2.6% | $34,550 |
| 2014 | $713 -1.4% | $34,550 |
| 2013 | $723 +3.7% | $34,550 |
| 2012 | $698 -0.1% | $34,550 |
| 2011 | $699 | $34,550 |
| 2010 | $699 +0.3% | $34,550 |
| 2009 | $697 | $34,550 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19939
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Nearby schools
GreatSchools rating
- 6/10Clayton (John M.) Elementary SchoolGrades: K-5Distance: 2.7 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 7 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: Indian River
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Delaware
- Sussex County
- Dagsboro
- 19939
- 118 Riverview Dr
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