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Under contract
  • Price cut: $9.9K (7/9)
    $485,000

    17326 King Philip Way, Lewes, DE 19958

    4beds
    1,900sqft
    : 
    $3,222/mo
    Get pre-qualified
    Condominium
    Built in 2004
    -- sqft lot
    $477,400 Zestimate®
    $255/sqft
    $421/mo HOA

    What's special

    Versatile loft areaOpen floor planUpdated quartz countertopsSuite of newer appliancesScreened porchElevated deck
    Welcome to this beautifully maintained four-bedroom, 3.5-bath townhome in the sought-after community of The Reserve at Nassau, ideally located east of Route 1 and close to everything the coastal lifestyle has to offer. Thoughtfully updated and meticulously cared for, this home offers a comfortable and inviting layout designed for both everyday living and easy entertaining. The main level features a desirable first-floor owner’s suite complete with a private bath, creating a peaceful retreat. The open floor plan is anchored by a cozy gas fireplace in the living room, seamlessly connecting to the dining area and kitchen. The kitchen shines with updated quartz countertops and a suite of newer appliances, including a dishwasher (2023) and microwave (2024), refrigerator and range (both in 2025) complement the space. Additional updates include a new front door in 2025 and main-level carpeting replaced in 2024. Step outside to the screened porch and elevated deck, perfect for extending your living space and enjoying relaxed outdoor gatherings. Upstairs, a second primary suite with its own private bath provides flexible living options, ideal for guests or multi-generational living. Two additional bedrooms, a full hall bath, and a versatile loft area complete the second level. Major systems have been thoughtfully maintained, including a gas furnace replaced in 2022 and an air conditioning unit updated in 2016, offering peace of mind for years to come. The home also features an unfinished walk-out basement, offering excellent potential for future expansion, additional living space, or abundant storage. Residents of The Reserve at Nassau enjoy access to a community pool, creating a welcoming environment to relax and connect with neighbors. Located on the Georgetown-Lewes trail. This prime location is less than three miles from historic downtown Lewes and Beebe Healthcare, approximately four miles to Lewes Beach and Cape Henlopen State Park, and just a short drive to the shopping, dining, and boardwalk attractions of Rehoboth Beach. A wonderful opportunity to enjoy a well-appointed home in an exceptional coastal location.
    118 days
    |
    483
    |
    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    COREY MAHONEY 302-542-1410,

    Northrop Realty (302) 703-1144,

    Co-Listing Agent: William Rash 302-430-9921,

    Northrop Realty

    Source: Bright MLS,MLS#: DESU2104790MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Laundry, Bonus Room
      Primary bedroom
      • Features: Flooring - Carpet, Attached Bathroom, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13 X 14
      Bedroom 2
      • Features: Flooring - Carpet, Attached Bathroom, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 14 X 15
      Bedroom 3
      • Features: Flooring - Carpet, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
      • Level: Upper
      • Area: 150 Square Feet
      • Dimensions: 10 X 15
      Bedroom 4
      • Features: Flooring - Carpet, Ceiling Fan(s), Window Treatments
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 10 X 12
      Bonus room
      • Features: Flooring - Carpet
      • Level: Upper
      • Area: 112 Square Feet
      • Dimensions: 8 X 14
      Dining room
      • Features: Flooring - Carpet
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 8 X 11
      Foyer
      • Features: Flooring - HardWood
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 8 X 9
      Kitchen
      • Features: Flooring - HardWood, Countertop(s) - Quartz, Double Sink, Kitchen - Electric Cooking, Pantry
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 11 X 14
      Laundry
      • Features: Flooring - Vinyl
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 8 X 9
      Living room
      • Features: Flooring - Carpet, Fireplace - Gas
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 14 X 20
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Refrigerator, Ice Maker, Dishwasher, Disposal, Washer, Dryer, Water Heater, Exhaust Fan, Microwave, Built-In Range, Self Cleaning Oven, Oven, Oven/Range - Electric, Stainless Steel Appliance(s), Washer/Dryer Stacked
      • Laundry: Dryer In Unit, Washer In Unit, Main Level, Laundry Room
      Features
      • Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Dry Wall
      • Flooring: Hardwood, Carpet
      • Doors: Sliding Glass
      • Windows: Double Hung, Double Pane Windows, Screens, Vinyl Clad, Window Treatments
      • Basement: Full,Interior Entry,Walk-Out Access,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Corner, Gas/Propane
      Interior area
      • Total structure area: 1,900
      • Total interior livable area: 1,900 sqft
      • Finished area above ground: 1,900
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Garage Faces Front, Inside Entrance, Driveway, Paved, Attached, Off Street, On Street, Parking Lot
      • Attached garage spaces: 1
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: 2+ Access Exits
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Porch, Roof
      • Pool features: Community
      • Has view: Yes
      • View description: Trees/Woods, Garden
      Lot
      • Size: 10.34 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 33405.0081.0036
      • Zoning: RESIDENTIAL
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Coastal
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Frame, Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool
      • Security: Main Entrance Lock, Smoke Detector(s), Carbon Monoxide Detector(s)
      • Condo and coop fee: $421 monthly
      • Subdivision: Reserves Of Nassau
      HOA
      • Has HOA: No
      • Amenities included: Pool
      • Services included: Snow Removal, Trash
      Location
      • Region: Lewes

      Financial & listing details

      • Price per square foot: $255/sqft
      • Tax assessed value: $427,300
      • Annual tax amount: $902
      • Date on market: 4/2/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $477,400

        $454,000 - $501,000

        $2,524/mo

        Price history

        DateEventPrice
        7/14/2026Contingent$485,000$255/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        7/9/2026Price change$485,000-2%$255/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        6/28/2026Price change$2,400-4%$1/sqft
        Source: Long & Foster Broker Feed Report a problem
        5/30/2026Price change$494,900-1%$260/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        5/22/2026Listed for rent$2,500-7.4%$1/sqft
        Source: Long & Foster Broker Feed Report a problem
        5/14/2026Price change$500,000+1%$263/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        5/9/2026Price change$495,000-1%$261/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        4/2/2026Listed for sale$500,000+13.7%$263/sqft
        Source: Bright MLS #DESU2104790 Report a problem
        8/21/2025Listing removed$2,700$1/sqft
        Source: Long & Foster Broker Feed Report a problem
        8/18/2025Listed for rent$2,700+38.5%$1/sqft
        Source: Long & Foster Broker Feed Report a problem
        10/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/29/2022Listed for rent$1,950$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/29/2022Sold$439,900+39.3%$232/sqft
        Source: Bright MLS #DESU2019354 Report a problem
        5/10/2004Sold$315,700$166/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$902 -32.4%$213,650 +688.4%
        2024$1,336 +0.1%$27,100
        2023$1,335 +3.6%$27,100
        2022$1,288 +47%$27,100
        2021$876 +0.4%$27,100 +1.9%
        2020$872 $26,600
        2019$872 -0.2%$26,600 -1.8%
        2018$874 +10.6%$27,100
        2017$790 +22.1%$27,100
        2016$647 +4%$27,100
        2015$622 +1.9%$27,100
        2014$611 +2.7%$27,100
        2013$594 +0.6%$27,100
        2012$591 +8.6%$27,100
        2011$544 $27,100
        2010$544 -2.5%$27,100
        2009$557 $27,100
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 19958

        Getting around

        28 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Frederick D. Thomas
        • High: Cape Henlopen
        • District: Cape Henlopen

        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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