NOT LISTED FOR SALE

31888 Shell Landing Way Lewes, DE 19958

Estimated Value: $878,000 - $1,400,000

5 Beds
3 Baths
5,106 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $1,250,000 $245 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,572/month

10 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Water Views
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Beach
  • Heated Lap Pool

About This Home

As of December 2023

Welcome to Your Ultimate Oasis: A Resort Lifestyle Awaits You. Step into your very own paradise where every day feels like a vacation. Nestled within a lush three-quarter-acre waterfront property, this extraordinary haven offers the tranquility and luxury you've always dreamt of, just a mere 12 miles from the pristine shores of Rehoboth Beach. It's truly the "best of all worlds." This sprawling ranch-style home, being offered "fully furnished & turnkey," is a testament to grandeur and elegance. Located in The Sanctuary at Bayfront at Rehoboth, the name alone speaks volumes about the exclusivity and serenity of this community. Picture yourself driving your golf cart to the Bay Beach, where you can launch your kayak or SUP for your very own "Salt Life" style of exercise or birdwatching on the water. This isn't just a home; it's a gateway to a lifestyle that celebrates the beauty of nature. Inside, a true gourmet kitchen awaits, equipped with every culinary convenience you could desire, including a built-in cappuccino maker. The special granite countertops accentuate the open-concept design, creating spacious areas perfect for hosting those memorable family gatherings. The circular great room offers breathtaking waterfront views, complemented by the warm glow of a gas fireplace. The kitchen seamlessly flows into an inviting porch, featuring a second two-sided fireplace, equally enjoyable whether you're indoors or outdoors on the patio. From there, you'll overlook the pristine pool, cozy fire pit, serene water features, and expansive wetlands. The outdoor scene is further elevated by a majestic, natural fountain adjacent to your private heated saltwater pool, complete with a "fast lane" feature for your laps. Plus, your peace of mind is assured with a secure fence that allows the kids and pets to roam freely. The primary suite is a sanctuary of its own, complete with a comfortable sitting area and an office space boasting endless views. The primary bath invites relaxation with its spacious tub and oversized shower. Many guest bedrooms feature built-in TVs for extra convenience. Additionally, there's a second living space that could easily transform into a formal office, offering flexibility to cater to your family's needs. As you step out to the patio, you'll discover a built-in grill and beverage fridge, making outdoor entertaining a breeze. The community itself is a gem, featuring a beautiful clubhouse with a kitchen, meeting rooms, and space for celebrations. A fitness center, community pool, and playground offer additional amenities, all overlooking the picturesque Bay. While the community as a whole boasts generous lots, this property stands as one of the largest in the entire community and particularly in The Sanctuary. You haven't truly experienced the best of beach living until you've explored all that this home, property, and community have to offer. Embrace the tranquility and resort-style living at a fraction of the cost compared to many other communities. Come and live life to the fullest here – your dream lifestyle awaits!

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 10/11/2023

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Steve Alexander

(443) 497-4902 steve@srarealty.com Keller Williams Realty License #RA-0020488

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,206

Year Built

  • Built in 2012

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 147.00 x 251.00
  • Partially Fenced Property
  • Extensive Hardscape
  • Private Lot
  • Non-Tidal Wetland
  • Property is zoned AR-1

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Property Views

  • Water
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Bump-Outs
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 5,106 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Bar
  • Tray Ceiling
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Bay Window
  • French Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Equipment Shed

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Deck
  • Screened Patio
  • Water Fountains
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 234-18.00-597.00

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn maintenance, management, recreation facility, reserve funds, snow removal
  • $175 Other One-Time Fees
  • Bayfront At Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Community Center

Recreation

  • Beach
  • Volleyball Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,206

Year Built

Built in 2012

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: See list uploaded in MLS
  • Inclusions: Sold fully furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Breakfast Area, Bar, Formal/Separate Dining Room, Floor Plan - Open, Primary Bedroom - Bay Front, Primary Bath(s), Soaking Tub, Walk-In Closet(s)
  • Window Features: Insulated, Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, French
  • Wall Ceiling Types: High, Tray Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Dining Room, Primary Bedroom, Kitchen, Foyer, Great Room, Laundry, Bathroom 1, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 5106
  • Living Area Sq Ft: 5106
  • Price Per Sq Ft: 254.60
  • Above Grade Finished Sq Ft: 5106
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31888

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pool Equipment Shed
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Bump-Outs, Extensive Hardscape, Exterior Lighting, Water Fountains
  • Pool Features: Heated, In Ground, Lap/Exercise, Saltwater
  • Roof: Architectural Shingle
  • View: Scenic Vista, Water
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Community Center, Exercise Room, Fitness Center, Game Room, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Snow Removal
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Land Use Code: 999
  • Lot Features: Non-Tidal Wetland, Private
  • Lot Size Acres: 0.80
  • Lot Dimensions: 147.00 x 251.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34848.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2906.00
  • Tax Annual Amount: 3206.00
  • Assessor Parcel Number: 234-18.00-597.00
  • Tax Lot: 160
  • Tax Total Finished Sq Ft: 4003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/07/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 7, 2023
Sold by
Froehlich Revocable Living Trust
Bought by
Leviton Amy and Leviton Michael
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Steve Alexander
Keller Williams Realty
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Views
42
Current Estimated Value
$1,163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,000
Avg. Annual Appreciation
-3.78%
Original Mortgage
$937,500
Outstanding Balance
$922,784
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$240,216

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 1, 2013
Sold by
Bay Rose Homes Llc A Maryland Limited Li
Bought by
Froehlich Rick Bryan and Froehlich Carol S
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JACK KOFOED
Monument Sotheby's International Realty
List Price
$719,900
Sold Price
$927,265
Premium/Discount to List
$207,365
28.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$612,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jan 28, 2013
Sold by
Bay Rose Homes Llc A Maryland Limited Li
Bought by
Froehlich Rick Bryan and Froehlich Carol S
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JACK KOFOED
Monument Sotheby's International Realty
List Price
$719,900
Sold Price
$927,265
Premium/Discount to List
$207,365
28.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leviton Amy $1,250,000 None Listed On Document
Froehlich Rick Bryan $927,264 --
Froehlich Rick Bryan $927,264 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leviton Amy $937,500
Previous Owner Froehlich Rick Bryan $612,000
Previous Owner Froehlich Rick Bryan $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $1,250,000 -3.8% $245 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,300,000 +40.2% $255 / Sq Ft
01/28/2013 01/28/13 Sold $927,265 +28.8% $223 / Sq Ft View Prior Sale
01/11/2013 01/11/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $719,900 -- $173 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $2,438 $67,450 $12,700 $54,750
2024 $3,325 $67,450 $12,700 $54,750
2023 $3,322 $67,450 $12,700 $54,750
2022 $3,206 $67,450 $12,700 $54,750
2021 $3,176 $67,450 $12,700 $54,750
2020 $3,167 $67,450 $12,700 $54,750
2019 $3,171 $67,450 $12,700 $54,750
2018 $2,962 $67,450 $0 $0
2017 $2,837 $67,450 $0 $0
2016 $2,694 $67,450 $0 $0
2015 $2,475 $64,850 $0 $0
2014 $481 $12,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049668

Bright MLS

APN: 234-18.00-597.00