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Sold for $1,256,250
  • $1,256,250

    40160 Salt Meadow Dr, Fenwick Island, DE 19944

    5beds
    3,000sqft
    Townhouse
    Built in 2005
    -- sqft lot
    $1,241,000 Zestimate®
    $419/sqft
    $2,842 Estimated rent

    Home value

    $1,241,000

    $1.18M - $1.30M

    $2,842/mo

    Zestimate® history
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    What's special

    Bayfront end-unit residenceNew carpeting throughoutOpen-concept designRecessed lightingExpansive windowsElegant dining areaGranite countertops
    Welcome to 40160 Salt Meadow Dr—an exceptional bayfront end-unit residence in Fenwick Island offering over 3,000 square feet of light-filled coastal living with sweeping bay, wildlife, and sunset views from multiple levels. Perfectly positioned between the bay and ocean, this fully furnished, turn-key retreat presents a rare opportunity as a primary home, second residence, or high-performing investment property. Thoughtfully curated for both relaxation and entertaining, the home features an open-concept design enhanced by expansive windows, recessed lighting, and seamless indoor-outdoor flow to multiple bayfront balconies overlooking a vibrant coastal ecosystem. The residence is appointed with multiple flat-screen TVs, a recreation space with a ping-pong table, a kayak, bicycles, and a full complement of beach accessories—offering a truly effortless waterfront lifestyle. Recent updates include new carpeting throughout, new roller blinds in the primary suite, and new windows and sliding glass doors along the rear (bayside) and side of the home. The main living level showcases a well-appointed kitchen with stainless steel appliances, granite countertops, and generous breakfast bar seating, flowing into a warm and inviting family room with a fireplace and an elegant dining area. A wet bar with a wine fridge enhances the entertaining experience, while a separate great room with soaring ceilings and walls of windows, provides an additional space to unwind and take in the views. The home offers five bedrooms (sleeping up to 12) and multiple well-designed baths, including two ensuite bedrooms, each thoughtfully positioned to maximize privacy and access to outdoor living spaces. An elevator services all levels from the attached garage, and ample storage is integrated throughout. The attached garage offers covered, private parking and there is also an assigned parking spot across from the unit (#60). The top level is devoted to a private primary suite sanctuary, where expansive windows frame panoramic bay views. This serene retreat features a spacious bath with a glass-enclosed shower and soaking tub, along with a private balcony—an ideal setting for enjoying sunsets in complete comfort. An additional bedroom is also located on this level, while the lower level offers three bedrooms, including one ensuite, and additional gathering space. Located in the coveted Salt Meadows community, residents enjoy resort-style amenities including a bayfront pool, pier, kayak access and storage, sandy beach areas, and a private boardwalk providing direct access to the ocean just steps away. Ideally situated near Ocean City, Bethany Beach, and Rehoboth Beach, this location offers the perfect balance of tranquility and convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelley Johnson 302-278-9632,

    Redfin Corp

    Bought with:

    Leslie Smith

    Sheppard Realty Inc

    Source: Bright MLS,MLS#: DESU2110442MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Propane
    Cooling
    • Central Air, Heat Pump, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Partial,Connecting Stairway
    • Has fireplace: No
    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: Garage Door Opener, Assigned, Attached, Driveway, Off Street
    • Attached garage spaces: 2
    • Uncovered spaces: 1
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Four
    • Stories: 4
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 13422.0010.00B1
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Coastal
    • Property subtype: Townhouse
    Materials
    • Concrete, Stick Built, Vinyl Siding
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Salt Meadows
    HOA
    • Has HOA: Yes
    • 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
    • HOA fee: $1,000 monthly
    Location
    • Region: Fenwick Island

    Financial & listing details

    • Price per square foot: $419/sqft
    • Tax assessed value: $1,204,600
    • Annual tax amount: $2,573
    • Date on market: 4/28/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/22/2026Sold$1,256,250-3.4%$419/sqft
    Source: Bright MLS #DESU2110442 Report a problem
    6/6/2026Contingent$1,300,000$433/sqft
    Source: Bright MLS #DESU2110442 Report a problem
    4/28/2026Listed for sale$1,300,000$433/sqft
    Source: Bright MLS #DESU2110442 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,574 +0.9%$602,300 +876.2%
    2024$2,552 +0.1%$61,700
    2023$2,550 +1.6%$61,700
    2022$2,508 +3.1%$61,700
    2021$2,433 +4.8%$61,700 +14.9%
    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

    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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