118 Riverview Dr Dagsboro, DE 19939
Estimated payment $6,853/month
Highlights
- 200 Feet of Waterfront
- Primary bedroom faces the bay
- Parking available for a boat
- Selbyville Middle School Rated A-
- Private Dock Site
- Boat Ramp
About This Home
Welcome to one of Point Farm’s finest offerings, an exceptional 5-bedroom, 3.5-bath custom retreat on one acre with sweeping water views and the rare combination of luxury, privacy, and functionality. Tucked behind mature trees on a spacious lot with a shaded sitting area, this 3,900-square-foot masterpiece invites you to experience life at the water’s edge in style.
Step through the front door and prepare to be captivated by panoramic water views that stretch across the main living areas. The heart of the home is a designer kitchen featuring exquisite countertops and a statement backsplash, perfect for entertaining or enjoying a quiet morning coffee while the water sparkles just beyond.
The main level offers effortless single-floor living with 3 spacious bedrooms and 2.5 baths, while the second floor delivers a beautifully appointed in-law suite complete with two additional bedrooms and a full bath as well as living and kitchen areas—ideal for multigenerational living or hosting guests in total comfort. Space exists for an elevator to be added if desired, and the area has a separate access for maximum privacy.
Outside, a private dock awaits with boat lift, electricity, and water already in place—just add your boat and go. The oversized garage easily holds four vehicles and includes a dedicated workshop area for the enthusiast or hobbyist seeking space to create.
Homes in Point Farm don’t come along often—especially not with this blend of refinement, water access, and turnkey condition. If you’ve been waiting for the right coastal luxury property, this is it. Listing agent has a copy of a recent appraisal which values the property at $1.396M. A copy is available upon request.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,815
Year Built
- Built in 1996 | Remodeled in 2022
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 100.00 x 439.00
- 200 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Sprinkler System
- Property is in excellent condition
- Property is zoned AR-1
HOA Fees
- $42 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- 4 Driveway Spaces
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
- Parking available for a boat
Property Views
- Bay
- Panoramic
- Garden
Home Design
- Coastal Architecture
- Brick Exterior Construction
Interior Spaces
- 3,900 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Electric Fireplace
- Family Room Off Kitchen
- Crawl Space
Kitchen
- Kitchenette
- Built-In Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a canal
- Personal Watercraft
- Boat Ramp
- Private Dock Site
- Powered Boats Permitted
- Deck
- Shed
- Outbuilding
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Septic Tank
- Sewer Holding Tank
Listing and Financial Details
- Assessor Parcel Number 233-07.00-107.00
Community Details
Overview
- Point Farm Subdivision
Recreation
- Fishing Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,839 | $34,550 | $5,000 | $29,550 |
| 2023 | $1,837 | $34,550 | $5,000 | $29,550 |
| 2022 | $1,808 | $34,550 | $5,000 | $29,550 |
| 2021 | $1,754 | $34,550 | $5,000 | $29,550 |
| 2020 | $1,675 | $34,550 | $5,000 | $29,550 |
| 2019 | $1,294 | $34,550 | $5,000 | $29,550 |
| 2018 | $1,306 | $34,550 | $0 | $0 |
| 2017 | $1,317 | $34,550 | $0 | $0 |
| 2016 | $1,161 | $34,550 | $0 | $0 |
| 2015 | $732 | $34,550 | $0 | $0 |
| 2014 | $713 | $34,550 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Price Changed | $1,250,000 | -7.4% | $321 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $1,350,000 | +116.0% | $346 / Sq Ft |
| 04/24/2014 04/24/14 | Sold | $625,000 | 0.0% | $250 / Sq Ft |
| 03/03/2014 03/03/14 | Pending | -- | -- | -- |
| 06/04/2013 06/04/13 | For Sale | $625,000 | -- | $250 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $625,000 | -- | |
| Deed | $625,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: DESU2086526
APN: 233-07.00-107.00
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