This beautifully remodeled and fully furnished townhome offers stunning open views over the Little Assawoman Bay and Fenwick Island from all three levels to catch those early sunrises. Enjoy outdoor living on three spacious composite decks with low-maintenance vinyl railings—perfect for morning coffee or evening cocktails. Inside, the 2023 full renovation features coastal-chic finishes including white quartz marble countertops, shaker-style cabinets, a large center island, stainless steel kitchen farm sink, stainless appliances, luxury vinyl plank flooring, and a custom mini bar for entertaining. The third level offers a large primary room oasis sure to impress the future owner with its gorgeous remodeled bathroom and own private deck. Bring your boat—this home includes access to your own dedicated boat slip. Just a short stroll to local favorites like Papa Grande’s and Catch 54, and only minutes to the sand and surf of Fenwick Island and Ocean City beaches. With a community pool, kayak storage and just three buildings in this rarely available small bayfront complex, this is the perfect vacation home or income-producing rental getaway. Turnkey and priced to sell quickly. Don't miss your chance to own a slice of the good life on the water! Professional photos and video coming soon.
Sold for $752,000
$752,000
38887 Madison Ave Unit 14, Selbyville, DE 19975
3beds
1,660sqft
Townhouse
Built in 1985
-- sqft lot
$747,400 Zestimate®
$453/sqft
$2,300 Estimated rent
Home value
$747,400
$688,000 - $807,000
$2,300/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rich Price 443-614-3866,
EXP Realty, LLC
Bought with:
Shannon Smith Hunt, RA0020415
Northrop Realty
Source: Bright MLS,MLS#: DESU2088692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Washer, Dryer, Microwave, Dishwasher, ENERGY STAR Qualified Refrigerator, Oven/Range - Electric, Stainless Steel Appliance(s), Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Family Room Off Kitchen, Kitchen Island, Primary Bedroom - Bay Front, Upgraded Countertops, Bathroom - Walk-In Shower, Bar, Dry Wall
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
- Finished area above ground: 1,660
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: Three
- Stories: 3
- Exterior features: Rain Gutters
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront, Boat - Powered, Canoe/Kayak, Bay
- Frontage length: Water Frontage Ft: 100
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 53320.1998.0014
- Zoning: M
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Stick Built, Vinyl Siding
- Foundation: Crawl Space
Condition
- Excellent
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: Fenwick Landing
HOA
- Has HOA: Yes
- Amenities included: Boat Dock/Slip, Pool, Reserved/Assigned Parking
- Services included: Common Area Maintenance, Pier/Dock Maintenance, Maintenance Grounds, Pool(s), Insurance
- HOA fee: $1,400 quarterly
- HOA name: FENWICK LANDING
Location
- Region: Selbyville
Financial & listing details
- Price per square foot: $453/sqft
- Tax assessed value: $675,200
- Annual tax amount: $1,104
- Date on market: 6/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Bank Portfolio
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $752,000-0.9%$453/sqft |
Source:  Bright MLS #DESU2088692 Report a problem | ||
| 7/18/2025 | Pending sale | $759,000$457/sqft |
Source: Bright MLS #DESU2088692 Report a problem | ||
| 6/28/2025 | Contingent | $759,000$457/sqft |
Source: Bright MLS #DESU2088692 Report a problem | ||
| 6/25/2025 | Listed for sale | $759,000+38.3%$457/sqft |
Source: Bright MLS #DESU2088692 Report a problem | ||
| 7/14/2021 | Sold | $549,000$331/sqft |
Source: Public Record Report a problem | ||
| 6/7/2021 | Contingent | $549,000$331/sqft |
Source: Bright MLS #DESU184602 Report a problem | ||
| 6/5/2021 | Listed for sale | $549,000$331/sqft |
Source: Bright MLS #DESU184602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,453 +30.4% | $337,600 +1164.4% |
| 2024 | $1,114 +0.1% | $26,700 |
| 2023 | $1,113 +1.6% | $26,700 |
| 2022 | $1,095 +3.1% | $26,700 |
| 2021 | $1,063 +4.5% | $26,700 +6.6% |
| 2020 | $1,017 | $25,050 |
| 2019 | $1,017 +0.4% | $25,050 -6.2% |
| 2018 | $1,013 -1% | $26,700 |
| 2017 | $1,022 +12.4% | $26,700 |
| 2016 | $910 -2.9% | $26,700 |
| 2015 | $937 +1.5% | $26,700 |
| 2014 | $923 -1.1% | $26,700 |
| 2013 | $933 -0.2% | $26,700 |
| 2012 | $936 +0.5% | $26,700 |
| 2011 | $931 | $26,700 |
| 2010 | $931 +0.4% | $26,700 |
| 2009 | $927 | $26,700 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19975
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Nearby schools
GreatSchools rating
- 8/10Showell (Phillip C.) Elementary SchoolGrades: K-5Distance: 8.1 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 7.8 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 10.8 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
- Selbyville
- 19975
- 38887 Madison Ave Unit 14
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