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Sold for $450,000
  • $450,000

    38259 Lake Dr APT 1045, Selbyville, DE 19975

    3beds
    2,150sqft
    Townhouse
    Built in 2003
    -- sqft lot
    $450,900 Zestimate®
    $209/sqft
    $2,345 Estimated rent

    Home value

    $450,900

    $415,000 - $491,000

    $2,345/mo

    Zestimate® history
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    What's special

    Welcome to 38259 Lake Dr, Unit 1045 – a beautifully maintained 3-bedroom, 3.5-bath townhome in the highly desirable Bayville Shores community. This home offers peaceful water views from multiple levels, perfect for morning coffee or sunset unwinding. Step inside to find a spacious and open floor plan designed for both comfort and entertaining. The main living area features abundant natural light, a cozy fireplace, and access to a private deck overlooking the pond. Enjoy resort-style amenities including a community pool, boat ramp, and walking trails—all just minutes from Fenwick Island and Ocean City Whether you're looking for a year-round home, vacation getaway, or investment property, this turnkey townhome offers the best of coastal living in a scenic, amenity-rich setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Spence 302-598-6858,

    Berkshire Hathaway HomeServices PenFed Realty

    Bought with:

    Jake Spence, 5001452

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: DESU2086846MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,150
    • Total interior livable area: 2,150 sqft
    • Finished area above ground: 2,150
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Front, Attached, Driveway
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Patio
    • Exterior features: Water Fountains, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Boat/Launch Ramp - Private, Shared, Lake, Pond
    • Frontage length: Water Frontage Ft: 30
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 53313.002.001045
    • Zoning: HR-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Coastal
    • Property subtype: Townhouse
    Materials
    • Stick Built
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $1,873 quarterly
    • Subdivision: Bayville Shores
    HOA
    • Has HOA: No
    Location
    • Region: Selbyville

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $473,200
    • Annual tax amount: $1,236
    • Date on market: 5/24/2025
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: 2 Twin Beds, Patio Furniture Sets, Grill, Hanging Decor, 2 Palm Tree Stands, 2 Palm Tree Lights
    • Exclusions: Sofa And Loveseat In Living Room, 4 Plant Pics In Living Room, 2 Twin Bed Quilts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/11/2025Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    9/22/2025Price change$1,800-18.2%$1/sqft
    Source: Zillow Rentals Report a problem
    9/11/2025Listed for rent$2,200$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Sold$450,000-10%$209/sqft
    Source: Bright MLS #DESU2086846 Report a problem
    8/8/2025Contingent$500,000$233/sqft
    Source: Bright MLS #DESU2086846 Report a problem
    7/11/2025Price change$500,000-7.4%$233/sqft
    Source: Bright MLS #DESU2086846 Report a problem
    5/24/2025Listed for sale$540,000$251/sqft
    Source: Bright MLS #DESU2086846 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,012 -18.2%$236,600 +691.3%
    2024$1,237 +0.1%$29,900
    2023$1,236 +1.6%$29,900 +104.1%
    2022$1,216 +3.1%$14,650 -50%
    2021$1,180 +4.8%$29,300
    2020$1,126 $29,300
    2019$1,126 +0.4%$29,300 -2%
    2018$1,121 +814.2%$29,900
    2017$123 -87.8%$29,900
    2016$1,006 -3%$29,900
    2015$1,037 +0.7%$29,900 -0.8%
    2014$1,030 -1.1%$30,150
    2013$1,041 +2.1%$30,150
    2012$1,020 +1.7%$30,150
    2011$1,003 $30,150
    2010$1,003 +0.4%$30,150
    2009$998 $30,150
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    Find assessor info on the county website

    Neighborhood: 19975

    Nearby schools

    GreatSchools rating
    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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    $459,918