Price Reduced!!!Nestled on a spacious .30-acre corner lot in the established community of The Reservation, this property offers exceptional potential for buyers looking to create their dream coastal retreat or expand their investment portfolio. With solid bones, generous living spaces, and a desirable location just minutes from Delaware's beaches, this home is ready for its next chapter. Inside, you'll find an inviting layout featuring a large living room with hardwood flooring and a charming brick fireplace, an expansive eat-in kitchen, and a screened porch that provides the perfect spot for relaxing or entertaining. The upper level offers comfortable bedroom accommodations with ample space and natural light. Outside, the oversized corner lot provides room to garden, play, or enhance the outdoor living experience. The screened porch, deck, mature surroundings, and established neighborhood setting add to the home's appeal. There are no HOA fees or restrictive covenants allowing the flexibility to keep a boat, trailer or other recreation equipment on the property. Ideally located next to the James Farm Ecological Preserve and Josiah Cove, nature lovers will appreciate the scenic surroundings and outdoor recreation opportunities right outside their door. Enjoy a short walk to Bethany Club Tennis, convenient access to the VFW, located approximately one mile away, and all the benefits of coastal living while being less than four miles from downtown Bethany Beach, its award-winning beaches, restaurants, shopping, and boardwalk attractions. While the property will benefit from some updates and TLC, it presents a fantastic opportunity for a full-time residence, vacation getaway, or potential rental investment in a sought-after coastal location. No HOA fees. Schedule your private viewing appointment today!
For sale
Price cut: $25K (6/29)
$400,000
38508 Reservation Trl, Ocean View, DE 19970
3beds
1,825sqft
Single Family Residence
Built in 1986
0.36 Acres Lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Mature surroundingsEstablished neighborhood settingCharming brick fireplaceExpansive eat-in kitchen
- 14 days |
- 2,547 |
- 159 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
TONI SCHROCK 302-841-9296,
Northrop Realty (302) 947-9100,
Listing Team: The Schrockstars Team
Source: Bright MLS,MLS#: DESU2114102
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Breakfast Room, Laundry
Primary bedroom
- Features: Flooring - Carpet, Attached Bathroom, Ceiling Fan(s), Window Treatments
- Level: Upper
- Area: 247 Square Feet
- Dimensions: 13 X 19
Bedroom 2
- Features: Flooring - Carpet, Ceiling Fan(s)
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 12 X 15
Bedroom 3
- Features: Ceiling Fan(s), Flooring - Carpet
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 11 X 12
Breakfast room
- Features: Flooring - HardWood, Ceiling Fan(s)
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11 X 16
Dining room
- Features: Flooring - HardWood, Ceiling Fan(s)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 X 13
Foyer
- Features: Flooring - HardWood
- Level: Main
Kitchen
- Features: Flooring - HardWood, Dining Area, Double Sink, Eat-in Kitchen, Kitchen - Electric Cooking
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 X 14
Laundry
- Features: Flooring - HardWood
- Level: Main
Living room
- Features: Fireplace - Wood Burning, Flooring - HardWood, Ceiling Fan(s)
- Level: Main
- Area: 288 Square Feet
- Dimensions: 16 X 18
Screened porch
- Features: Fireplace - Other, Ceiling Fan(s)
- Level: Main
- Area: 276 Square Feet
- Dimensions: 12 X 23
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Water Heater, Electric Water Heater
- Laundry: Hookup, Main Level, Laundry Room
Features
- Breakfast Area, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Table Space, Primary Bath(s), Bathroom - Tub Shower, Upgraded Countertops, Dry Wall
- Flooring: Hardwood, Carpet, Wood
- Doors: Sliding Glass
- Windows: Casement, Screens, Window Treatments
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Brick, Mantel(s), Wood Burning
Interior area
- Total structure area: 1,825
- Total interior livable area: 1,825 sqft
- Finished area above ground: 1,825
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Garage Faces Front, Garage Door Opener, Inside Entrance, Driveway, Attached
- Attached garage spaces: 2
- Uncovered spaces: 4
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Roof, Screened, Screened Porch
- Pool features: None
- Has view: Yes
- View description: Garden
Lot
- Size: 0.36 Acres
- Dimensions: 125.00 x 105.00
- Features: Front Yard, Rear Yard, SideYard(s)
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13409.00570.00
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Main Entrance Lock, Smoke Detector(s)
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Ocean View
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $533,100
- Annual tax amount: $1,139
- Date on market: 6/18/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $400,000-5.9%$219/sqft |
Source:  Bright MLS #DESU2114102 Report a problem | ||
| 6/18/2026 | Listed for sale | $425,000+37.1%$233/sqft |
Source: Bright MLS #DESU2114102 Report a problem | ||
| 12/15/2020 | Listing removed | $1,600$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 12/11/2020 | Listed for rent | $1,600$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 5/22/2018 | Listing removed | $1,600$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 5/9/2018 | Listed for rent | $1,600$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 4/21/2017 | Listing removed | $310,000$170/sqft |
Source: Ocean Atlantic Sotheby's International Realty #710651 Report a problem | ||
| 9/26/2016 | Price change | $310,000-1.6%$170/sqft |
Source: Ocean Atlantic Sotheby's International Realty #710651 Report a problem | ||
| 8/26/2016 | Price change | $315,000-3.1%$173/sqft |
Source: Ocean Atlantic Sotheby's International Realty #710651 Report a problem | ||
| 7/16/2016 | Price change | $325,000-4.4%$178/sqft |
Source: Ocean Atlantic Sotheby's International Realty #710651 Report a problem | ||
| 6/30/2016 | Listed for sale | $340,000-4.2%$186/sqft |
Source: Ocean Atlantic Sotheby's International Realty #710651 Report a problem | ||
| 8/12/2005 | Sold | $355,000$195/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,405 +23.2% | $266,550 +1160.3% |
| 2024 | $1,140 -2.6% | $21,150 |
| 2023 | $1,171 +1.2% | $21,150 |
| 2022 | $1,157 +2.3% | $21,150 |
| 2021 | $1,132 -0.1% | $21,150 |
| 2020 | $1,133 | $21,150 |
| 2019 | $1,133 +0.3% | $21,150 |
| 2018 | $1,130 -0.7% | $21,150 |
| 2017 | $1,137 +8.5% | $21,150 |
| 2016 | $1,048 -2% | $21,150 |
| 2015 | $1,070 +1% | $21,150 |
| 2014 | $1,059 -0.7% | $21,150 |
| 2013 | $1,067 -1.3% | $21,150 |
| 2012 | $1,081 -2.3% | $21,150 |
| 2011 | $1,106 | $21,150 |
| 2010 | $1,106 +0.3% | $21,150 |
| 2009 | $1,103 | $21,150 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 19970
Nearby schools
GreatSchools rating
- 8/10Lord Baltimore Elementary SchoolGrades: K-5Distance: 2.3 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 10.4 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Lord Baltimore
- Middle: Selbyville
- High: Indian River
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Delaware
- Sussex County
- Ocean View
- 19970
- 38508 Reservation Trl
Nearby cities
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