$1,599,900
NEW CONSTRUCTION

38185 Martins Way Ocean View, DE 19970

Estimated payment $8,600/month

Total Views 18,188
5 Beds
4.5 Baths
2,729 Sq Ft
$586 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • New Construction
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Heated Pool

About This Home

Quiet Waterfront Oasis | New Construction Coastal Retreat:
Escape the hustle and bustle while staying close to it all. This stunning waterfront new construction home offers the perfect blend of privacy, luxury, and convenience—just minutes from beaches, restaurants, golf, shopping, and attractions, with easy access by boat, bike, or car. Breaking ground March 2026, this energy-efficient, quality-built custom home by the team at CRx and Select Builders will be ready to enjoy—or capitalize on rental potential - by October 2026. Designed for coastal living, the property features an in-ground heated pool, private dock, and high-end finishes throughout.
The main level welcomes you with a covered front porch and entry foyer that opens into a spacious great room, gourmet kitchen, and dining area—perfect for entertaining. The great room showcases a gas fireplace with framed TV, and direct access to the covered rear porch. The kitchen features a large island, quartz countertops, GE Café appliances, and a pantry. The dining area also opens to the porch, which overlooks the canal, pool, paver patio, and offers views toward Whites Creek. The main level is completed by a private owner’s suite, powder room, laundry room, and an elevator shaft for optional installation now or in the future. The second level offers four additional bedrooms, including two ensuite bedrooms with private baths and two bedrooms sharing a bath, plus a loft-style family room. A large rear deck spans the width of the home, providing breathtaking views of the wetlands and Whites Creek. The ground level includes an oversized two-car garage, foyer with elevator access (optional), stairway to upper levels, and direct access to an outdoor shower, bar area, covered patio, storage, and the heated pool with paver patio. The fenced backyard leads to your bulkhead and canal, ideal for boating, kayaking, paddleboarding, and jet skis. Complete construction specifications and finish details are available. This home features 2,729 square feet of heated living space, 675 square feet of covered porches & decks, 275 sq. ft. paver patio, 620 feet under home for storage, and 654 feet of garage space. Total area 4,953 square feet. Start living the waterfront lifestyle in this peaceful coastal retreat—where your toughest daily decision is whether to take the car, bike, or the boat to lunch. Rental proformas available for review.

Listing Agent

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Brokerage Phone: 3022276767 License #RS-0013968 Listed on: 12/19/2025

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 6,519 Sq Ft Lot
  • Lot Dimensions are 50 x 131x50x128
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Partially Fenced Property
  • Landscaped
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned GR

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Gravel Driveway

Property Views

  • Canal
  • Creek or Stream

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Loft
  • Screened Porch

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 134-09.00-261.00

Community Details

Overview

  • No Home Owners Association
  • Built by Select Builders
  • Martin Cox Dev Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 2026 | New Construction

Lot Details

6,519 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2026
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Disposal, Dishwasher, Refrigerator, Oven/Range - Gas, Range Hood
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings, Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Great Room, Laundry, Loft, Bathroom 3, Primary Bathroom, Full Bath, Half Bath, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 4953
  • Living Area Sq Ft: 2729
  • Price Per Sq Ft: 586.26
  • Above Grade Finished Sq Ft: 2729
  • Above Grade Unfinished Sq Ft: 2224
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Outside Shower
  • Pool Features: Heated
  • Roof: Architectural Shingle
  • View: Canal, Creek/Stream
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Access Canal to Whites Creek
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • 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, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Lot Features: Bulkheaded, Landscaping, Stream/Creek
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50 x 131x50x128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6519.00
  • Outdoor Living Structures: Patio(s), Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: GR
  • In City Limits: No

Building Info

  • Builder Name: Select Builders

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 555.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 617.00
  • Assessor Parcel Number: 134-09.00-261.00
  • Tax Lot: 84
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Map

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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 $750 $9,350 $2,450 $6,900
2024 $262 $9,350 $2,450 $6,900
2023 $278 $9,350 $2,450 $6,900
2022 $275 $9,350 $2,450 $6,900
2021 $272 $9,350 $2,450 $6,900
2020 $52 $9,350 $2,450 $6,900
2019 $520 $9,350 $2,450 $6,900
2018 $523 $9,350 $0 $0
2017 $526 $9,350 $0 $0
2016 $381 $6,300 $0 $0
2015 $388 $6,300 $0 $0
2014 $384 $6,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2025 12/19/25 For Sale $1,599,900 +256.3% $586 / Sq Ft
09/04/2025 09/04/25 Sold $449,000 0.0% -- View Prior Sale
07/21/2025 07/21/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $449,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $449,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $150,000 None Available
Deed -- None Available
Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2101822

Bright MLS

APN: 134-09.00-261.00

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