Quiet Waterfront Oasis | New Construction Coastal Retreat: Escape the hustle and bustle while staying close to it all. This stunning waterfront new construction home offers the perfect blend of privacy, luxury, and convenience—just minutes from beaches, restaurants, golf, shopping, and attractions, with easy access by boat, bike, or car. Ready to enjoy this year, this energy-efficient, quality-built custom home by the team at CRx and Select Builders will be ready to enjoy—or capitalize on rental potential - by December 2026. Designed for coastal living, the property features an in-ground heated pool, private dock, and high-end finishes throughout. The main level welcomes you with a covered front porch and entry foyer that opens into a spacious great room, gourmet kitchen, and dining area—perfect for entertaining. The great room showcases a gas fireplace with framed TV, and direct access to the covered rear porch. The kitchen features a large island, quartz countertops, GE Café appliances, and a pantry. The dining area also opens to the porch, which overlooks the canal, pool, paver patio, and offers views toward Whites Creek. The main level is completed by a private owner’s suite, powder room, laundry room, and an elevator shaft for optional installation now or in the future. The second level offers four additional bedrooms, including two ensuite bedrooms with private baths and two bedrooms sharing a bath, plus a loft-style family room. A large rear deck spans the width of the home, providing breathtaking views of the wetlands and Whites Creek. The ground level includes an oversized two-car garage, foyer with elevator access (optional), stairway to upper levels, and direct access to an outdoor shower, bar area, covered patio, storage, and the heated pool with paver patio. The fenced backyard leads to your bulkhead and canal, ideal for boating, kayaking, paddleboarding, and jet skis. Complete construction specifications and finish details are available. This home features 2,729 square feet of heated living space, 675 square feet of covered porches & decks, 275 sq. ft. paver patio, 620 feet under home for storage, and 654 feet of garage space. Total area 4,953 square feet. Start living the waterfront lifestyle in this peaceful coastal retreat—where your toughest daily decision is whether to take the car, bike, or the boat to lunch. Rental proformas available for review. Siding and windows installed and interior finishes being completed now - ready for tours!
New construction
$1,599,900
38185 Martins Way, Ocean View, DE 19970
5beds
2,729sqft
Single Family Residence
Built in 2026
6,519 Square Feet Lot
$1,560,100 Zestimate®
$586/sqft
$-- HOA
What's special
In-ground heated poolPrivate dockElevator shaftFoyer with elevator accessHigh-end finishes throughoutViews toward whites creekEntry foyer
- 97 days
- 656
- 22
Zillow last checked:
Listing updated:
Listed by:
Kim Hamer 302-745-9914,
Monument Sotheby's International Realty (302) 227-6767
Source: Bright MLS,MLS#: DESU2115670
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Great Room, Laundry, Loft, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
Primary bedroom
- Features: Ceiling Fan(s)
- Level: Upper
Primary bedroom
- Features: Ceiling Fan(s)
- Level: Main
Bedroom 3
- Features: Ceiling Fan(s)
- Level: Upper
Bedroom 4
- Features: Ceiling Fan(s)
- Level: Upper
Bedroom 5
- Features: Ceiling Fan(s)
- Level: Upper
Primary bathroom
- Level: Main
Primary bathroom
- Level: Upper
Bathroom 3
- Level: Upper
Dining room
- Level: Main
Foyer
- Level: Main
Foyer
- Level: Lower
Other
- Level: Upper
Great room
- Features: Fireplace - Gas
- Level: Main
Half bath
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Loft
- Level: Upper
Screened porch
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Built-In Range, Disposal, Dishwasher, Refrigerator, Oven/Range - Gas, Range Hood, Tankless Water Heater, Water Heater
- Laundry: Main Level, Laundry Room
Features
- Dining Area, Open Floorplan, Kitchen Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
- Flooring: Ceramic Tile, Luxury Vinyl, Carpet
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 4,953
- Total interior livable area: 2,729 sqft
- Finished area above ground: 2,729
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage Faces Front, Gravel, Driveway, Attached
- Attached garage spaces: 2
- Uncovered spaces: 2
- Details: Garage Sqft: 654
Accessibility
- Accessibility features: Other
Features
- Levels: Three
- Stories: 3
- Patio & porch: Patio, Deck, Porch, Screened Porch
- Exterior features: Extensive Hardscape, Outdoor Shower
- Has private pool: Yes
- Pool features: Heated, Private
- Fencing: Partial
- Has view: Yes
- View description: Canal, Creek/Stream
- Has water view: Yes
- Water view: Canal,Creek/Stream
- Waterfront features: Canal
- Frontage length: Water Frontage Ft: 50
Lot
- Size: 6,519 Square Feet
- Dimensions: 50 x 131 x 50 x 128
- Features: Bulkheaded, Landscaped, Stream/Creek
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13409.00261.00
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Pilings, Slab
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: Yes
- Year built: 2026
Details
- Builder name: Select Builders
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Martin Cox Dev
HOA
- Has HOA: No
Location
- Region: Ocean View
Financial & listing details
- Price per square foot: $586/sqft
- Tax assessed value: $288,700
- Annual tax amount: $750
- Date on market: 7/8/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$1,560,100
$1.48M - $1.64M
$3,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $1,599,900$586/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $1,599,900$586/sqft |
Source: | ||
| 12/19/2025 | Listed for sale | $1,599,900+256.3%$586/sqft |
Source: | ||
| 9/4/2025 | Sold | $449,000$165/sqft |
Source: | ||
| 7/21/2025 | Pending sale | $449,000$165/sqft |
Source: | ||
| 7/18/2025 | Listed for sale | $449,000+199.3%$165/sqft |
Source: | ||
| 9/28/2016 | Sold | $150,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $750 +186.7% | $144,350 +4556.5% |
| 2024 | $262 -5.7% | $3,100 |
| 2023 | $278 +0.7% | $3,100 |
| 2022 | $275 +1.4% | $3,100 |
| 2021 | $272 +421.7% | $3,100 |
| 2020 | $52 | $3,100 -66.8% |
| 2019 | $52 -90% | $9,350 |
| 2018 | $520 -0.7% | $9,350 |
| 2017 | $523 +37.2% | $9,350 +48.4% |
| 2016 | $381 -1.7% | $6,300 |
| 2015 | $388 +0.9% | $6,300 |
| 2014 | $384 -0.6% | $6,300 |
| 2013 | $387 -3.8% | $6,300 |
| 2012 | $402 -2.8% | $6,300 |
| 2011 | $414 | $6,300 |
| 2010 | $414 +0.2% | $6,300 |
| 2009 | $413 | $6,300 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19970
Nearby schools
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.




