Skip main navigation
For sale
    • Price cut: $49K (7/13)
    $1,100,000

    38967 Willow Ln, Fenwick Island, DE 19944

    5beds
    3,950sqft
    : 
    $6,143/mo
    Get pre-qualified
    Single Family Residence
    Built in 1990
    4,792 Square Feet Lot
    $-- Zestimate®
    $278/sqft
    $-- HOA

    What's special

    Cozy fireplaceGenerous gathering space
    Welcome to your ultimate family beach getaway in Fenwick Island. This beautifully maintained 5-bedroom, 4-bath home offers approximately 4,000 square feet of living space and is located less than one mile from the beach—delivering the ideal blend of comfort, versatility, and prime coastal location. With Delaware’s low property taxes, this is a smart investment as well as a place to create lifelong memories. Step inside to discover a bright and expansive family room centered around a cozy fireplace, perfect for year-round enjoyment. The spacious kitchen offers abundant cabinetry and generous gathering space, making it ideal for hosting large family meals and entertaining guests. Just off the main living area, a sunroom provides a peaceful retreat to unwind after a day on the sand. For those working remotely or running a business, the home features a dedicated office space with its own private entrance—offering flexibility, privacy, and convenience. The first-floor primary suite provides easy access and comfortable privacy. Upstairs, you’ll find a fully functional apartment-style living space complete with both private exterior access and interior connectivity. This flexible layout is perfect for extended family, guests, or creating additional rental income. Located just minutes from local restaurants, shopping, waterparks, mini golf, and coastal attractions, this property offers unbeatable proximity to everything the area is known for. Zoned Residential C-1 Commercial, it presents unique opportunities for personal enjoyment, rental income, or mixed-use potential. Projected short-term rental income is approximately $91,700 annually—with the possibility of generating even more if configured as two separate units. Whether you’re searching for a personal beach retreat, an income-producing property, or a flexible coastal investment, this exceptional home checks every box.
    145 days
    |
    1,134
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony MacDonald 302-535-3840,

    Iron Valley Real Estate Premier 3027414545

    Source: Bright MLS,MLS#: DESU2106256MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 4
      • Main level bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Forced Air, Propane
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Main Level, Dryer In Unit, Washer In Unit
      Features
      • Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Eat-in Kitchen, Pantry, Bathroom - Stall Shower, Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Primary Bath(s), Dry Wall
      • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
      • Windows: Double Pane Windows, Screens, Window Treatments
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,950
      • Total interior livable area: 3,950 sqft
      • Finished area above ground: 3,950
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Deck, Porch
      • Exterior features: Outdoor Shower, Awning(s)
      • Pool features: None
      • Frontage length: Road Frontage: 74
      Lot
      • Size: 4,792 Square Feet
      • Dimensions: 74.00 x 70.00
      • Features: Level, Cleared, Gravel
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 13423.2067.00
      • Zoning: C-1
      • Zoning description: Mixed use. Residential Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Stick Built, Vinyl Siding, Concrete
      • Foundation: Crawl Space, Pillar/Post/Pier, Block
      • Roof: Shingle
      Condition
      • Very Good
      • New construction: No
      • Year built: 1990
      • Major remodel year: 2006

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Propane

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Fenwick Island

      Financial & listing details

      • Price per square foot: $278/sqft
      • Tax assessed value: $31,850
      • Annual tax amount: $1,324
      • Date on market: 3/5/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Road surface type: Black Top

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Price change$1,100,000-4.3%$278/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        6/22/2026Price change$1,149,000-3.4%$291/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        5/22/2026Listed for sale$1,189,000$301/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        5/11/2026Contingent$1,189,000$301/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        4/1/2026Price change$1,189,000-0.9%$301/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        3/5/2026Listed for sale$1,200,000+0%$304/sqft
        Source: Bright MLS #DESU2106256 Report a problem
        1/1/2026Listing removed$1,199,900$304/sqft
        Source: Bright MLS #DESU2085738 Report a problem
        10/9/2025Price change$1,199,900-2.4%$304/sqft
        Source: Bright MLS #DESU2085738 Report a problem
        5/9/2025Listed for sale$1,229,000$311/sqft
        Source: Bright MLS #DESU2085738 Report a problem
        5/6/2025Listing removed$1,229,000$311/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        8/15/2024Price change$1,229,000-9%$311/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        7/10/2024Price change$1,350,000-6.9%$342/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        6/15/2024Price change$1,449,900-3.3%$367/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        4/23/2024Price change$1,499,900-3.2%$380/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        3/26/2024Price change$1,549,900-1.6%$392/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        2/18/2024Listed for sale$1,574,500$399/sqft
        Source: Bright MLS #DESU2056160 Report a problem
        2/13/2024Listing removed--
        Source: Bright MLS #DESU2049754 Report a problem
        11/14/2023Price change$1,574,500-1.6%$399/sqft
        Source: Bright MLS #DESU2049754 Report a problem
        10/13/2023Listed for sale$1,599,500$405/sqft
        Source: Bright MLS #DESU2049754 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$854 +0.9%$309,950 +873.2%
        2024$847 -1.2%$31,850
        2023$858 +2.5%$31,850
        2022$836 -6.8%$31,850
        2021$898 +6.3%$31,850
        2020$844 $31,850
        2019$844 +0.6%$31,850
        2018$839 -1.4%$31,850
        2017$851 +22.6%$31,850
        2016$694 -2.2%$31,850
        2015$709 +2.5%$31,850
        2014$692 -0.6%$31,850
        2013$696 -5.8%$31,850
        2012$739 -1.5%$31,850
        2011$750 $31,850
        2010$750 +0.3%$31,850
        2009$748 $31,850
        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.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 19944

        Getting around

        59 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Fenwick Island Topics

                Search
                Updates
                Favorites
                Plan
                Inbox