Bayfront Luxury, STEPS To Ocean, Spectacular Views, Superb Location - a beautifully furnished and well maintained 5 bedroom, 4 bath end townhome - with one of the best views in Fenwick. Four (4) spacious decks offer panoramic vistas of the open Bay & wetlands and spectacular sunsets with over 3,000 sq ft of elegant living. First enter the foyer where there is a private 4-stop elevator to effortlessly move to all luxury levels. On the second level you’ll find a welcoming marble foyer, Spacious Ensuite BR & private bath, 2 additional BRs & full bath - plus every room opens to decks. On the third level you are immediately treated to breath-taking views of the Assawoman Bay. This is the heart of the home with a Chef’s Kitchen, Spacious Dining Area with a wet bar & wine cooler, Living Room with double-sided Gas Fireplace, Media Room/Den with soaring ceilings & a wall of windows – perfect for entertaining. The 4th level is a luxury owner’s oasis - oversized Bayfront bedroom, luxury bathroom, gas fireplace, deck w amazing Bay & Ocean views. There is also a spacious 2 car garage with added room for games and a huge storage area for bikes & beach gear. Many major upgrades have been completed: Inside - HVAC units, Full size Washer/Dryer & Refrigerator; Outside - new roof 2019; many new sliders, windows, decks, flashing & siding on the rear & side of the building; HOA has scheduled the same for the front of the building & stair tower, as needed, all paid by the HOA. See attached documentation. This 20 unit enclave is perfectly located on the Bay w an easy walk to the Ocean on the & has a surprising array of amenities - Community Pool w Bathhouse, a Deeded Walkway directly to the Ocean, Bayfront Sandy Beach with Picnic Pavilion, kayak storage area plus a 100’ fishing & crabbing pier w temporary boat tie up. EXCELLENT RENTAL: 83K 2025. Five Star ‘Exceptional’!
Sold for $1,270,000
$1,270,000
40154 Salt Meadow Dr, Fenwick Island, DE 19944
5beds
3,000sqft
Townhouse
Built in 2007
0.36 Acres Lot
$1,262,400 Zestimate®
$423/sqft
$2,692 Estimated rent
Home value
$1,262,400
$1.17M - $1.36M
$2,692/mo
Zestimate® history
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Gas fireplaceSpectacular sunsetsWelcoming marble foyerElegant livingOversized bayfront bedroomEnd townhome
Zillow last checked:
Listing updated:
Listed by:
DAYNA FEHER 443-783-0727,
Keller Williams Realty
Bought with:
Annie Buxbaum
Northrop Realty
Source: Bright MLS,MLS#: DESU2096006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
Rooms
- Room types: Sitting Room, Bathroom 2
Bathroom 2
- Level: Main
Sitting room
- Level: Upper
Heating
- Forced Air, Heat Pump, Propane, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Microwave, Dryer, Water Heater, Dishwasher, Disposal, Oven/Range - Gas, Stainless Steel Appliance(s), Washer, Electric Water Heater
- Laundry: Lower Level
Features
- Elevator, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Primary Bedroom - Bay Front, Family Room Off Kitchen, Upgraded Countertops, Walk-In Closet(s), Bar, Bathroom - Walk-In Shower, Built-in Features, Ceiling Fan(s), Dining Area, Recessed Lighting, Dry Wall
- Flooring: Carpet, Ceramic Tile, Hardwood, Wood
- Windows: Double Hung, Insulated Windows, Window Treatments
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Gas/Propane, Glass Doors
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Oversized, Asphalt, Private, Attached, Driveway, Off Street
- Attached garage spaces: 2
- Uncovered spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Lawn Sprinkler, Outdoor Shower
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- On waterfront: Yes
- Waterfront features: Sandy Beach, Bayfront, Private Access, Bay
- Frontage length: Water Frontage Ft: 30
Lot
- Size: 0.36 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13422.0010.00B4
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal
- Property subtype: Townhouse
Materials
- Concrete, Stick Built, Vinyl Siding
- Foundation: Block, Pilings
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Propane - Community
Community & HOA
Community
- Security: Fire Sprinkler System
- Condo and coop fee: $3,000 quarterly
- Subdivision: Salt Meadows
HOA
- Has HOA: No
- Amenities included: Beach Access, Pier/Dock, Pool, Water/Lake Privileges
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash, Reserve Funds
Location
- Region: Fenwick Island
Financial & listing details
- Price per square foot: $423/sqft
- Tax assessed value: $1,204,600
- Annual tax amount: $2,573
- Date on market: 9/19/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: All Furniture And Furnishings, Ping-pong Table, Foosball Table, Bikes, Gas Grill, Single Seat Kayak
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $1,270,000-5.9%$423/sqft |
Source:  Bright MLS #DESU2096006 Report a problem | ||
| 10/18/2025 | Pending sale | $1,349,000$450/sqft |
Source: Bright MLS #DESU2096006 Report a problem | ||
| 10/11/2025 | Contingent | $1,349,000$450/sqft |
Source: Bright MLS #DESU2096006 Report a problem | ||
| 9/19/2025 | Listed for sale | $1,349,000$450/sqft |
Source: Bright MLS #DESU2096006 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,574 +0.9% | $602,300 +876.2% |
| 2024 | $2,552 +0.1% | $61,700 |
| 2023 | $2,550 +1.6% | $61,700 +129.8% |
| 2022 | $2,508 +3.1% | $26,850 -50% |
| 2021 | $2,433 +4.8% | $53,700 |
| 2020 | $2,322 | $53,700 |
| 2019 | $2,322 +0.4% | $53,700 -13% |
| 2018 | $2,312 -1% | $61,700 |
| 2017 | $2,335 +12.5% | $61,700 |
| 2016 | $2,074 -3% | $61,700 |
| 2015 | $2,138 +1.5% | $61,700 |
| 2014 | $2,106 -1.1% | $61,700 |
| 2013 | $2,129 +3.6% | $61,700 |
| 2012 | $2,055 +0.8% | $61,700 |
| 2011 | $2,038 | $61,700 |
| 2010 | $2,038 +0.4% | $61,700 |
| 2009 | $2,029 | $61,700 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: 19944
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Nearby schools
GreatSchools rating
- 8/10Lord Baltimore Elementary SchoolGrades: K-5Distance: 5.2 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 8.5 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 10.6 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
- Fenwick Island
- 19944
- 40154 Salt Meadow Dr
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