$499,900
$20K PRICE DROP

17318 King Phillip Way Unit 40 Lewes, DE 19958

Estimated payment $3,109/month

Total Views 6,649
4 Beds
3.5 Baths
1,900 Sq Ft
$263 Price per Sq Ft

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attic
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

Welcome to this end unit townhome featuring 4 bedrooms, 3.5 bathrooms, and a first-floor primary suite for easy, convenient living! Located east of Route 1 in the Reserves of Nassau with a community pool, this home offers the perfect blend of comfort, style, and coastal charm.

Enjoy the outdoors from your private screened-in porch, and take advantage of the unfinished walkout basement—a versatile space with tons of potential for additional living area, entertainment space, or storage. The home also includes an attached garage, offering added convenience and secure parking.

With its prime location just minutes from Lewes Beach and the popular bike trail, this home provides easy access to all the best that coastal Delaware has to offer—whether you're exploring nature, dining out, or simply relaxing by the shore.

Perfect as a full-time residence, beach retreat, or investment property—this one checks all the boxes!

Listing Agent

KAREN MAULL

(302) 227-3883 rentals@jacklingo.com Jack Lingo - Lewes License #RS-0021932 Listed on: 08/01/2025

Jack Lingo - Lewes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 2005

HOA Fees

  • $379 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Unfinished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Kitchen in Efficiency Studio
  • Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 334-05.00-81.00-40

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include pool(s), lawn maintenance, trash, snow removal, exterior building maintenance, common area maintenance
  • $250 Other One-Time Fees
  • Reserves Of Nassau Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,048

Year Built

Built in 2005

Lot Details

0

HOA Fees

$379 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: East of Rt 1
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Exclusions: Small desk in foyer, wine cabinet, and queen bedroom set upstairs (all have been removed, but in pictures)
  • Historic: No
  • Inclusions: Most furnishings included
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 8/1/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2005
  • Building Winterized: No
  • Buildout Allowance: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Recessed Lighting, Walk-In Closet(s), Kitchen - Efficiency
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 263.11
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Garage Spaces: 1.00
  • Attached Garage: No
  • Garage: Yes
  • Open Parking: No
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 378.67
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pool(s), Lawn Maintenance, Trash, Snow Removal, Ext Bldg Maint, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 500.00

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Property Attached Yn: No
  • Zoning: C-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 942.00
  • Tax Annual Amount: 1048.00
  • Assessor Parcel Number: 334-05.00-81.00-40
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: Cape Henlopen

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $1,048 $26,600 $0 $26,600
2024 $1,336 $26,600 $0 $26,600
2023 $1,335 $26,600 $0 $26,600
2022 $1,288 $26,600 $0 $26,600
2021 $1,276 $26,600 $0 $26,600
2020 $1,272 $26,600 $0 $26,600
2019 $1,274 $26,600 $0 $26,600
2018 $1,190 $27,100 $0 $0
2017 $1,140 $27,100 $0 $0
2016 $1,083 $27,100 $0 $0
2015 $1,034 $27,100 $0 $0
2014 $1,027 $27,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2025 09/03/25 Price Changed $499,900 -2.0% $263 / Sq Ft
08/18/2025 08/18/25 Price Changed $510,000 -1.9% $268 / Sq Ft
08/01/2025 08/01/25 For Sale $520,000 +112.2% $274 / Sq Ft
08/28/2013 08/28/13 Sold $245,000 0.0% -- View Prior Sale
08/13/2013 08/13/13 Pending -- -- --
06/02/2013 06/02/13 For Sale $245,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $245,000 --
Deed $245,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 No Value Available
Closed $196,000 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: DESU2091450

Bright MLS

APN: 334-05.00-0081.00- 40

Delaware Sussex County Lewes 19958

17318 King Phillip Way Unit 40, Lewes, DE

This home is located at 17318 King Phillip Way Unit 40, Lewes, DE 19958 and is currently priced at $499,900, approximately $263 per square foot. This property was built in 2005. 17318 King Phillip Way Unit 40 is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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Nearby Homes
Listing Agent
KAREN MAULL
Section Image
Jack Lingo - Lewes
(302) 271-6960