$449,000
SOLD SEP 4, 2025

38185 Martins Way Ocean View, DE 19970

0.13 Acre
$3,453,846 Price per Acre
5,663 Sq Ft Lot

Recently Sold

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • Canal View
  • Lord Baltimore Elementary School Rated A-
  • Fishing Allowed
  • No HOA

About This Lot

As of September 2025

Boater's Delight! Rarely available canal front lot in the quaint town of Ocean View. Enjoy an easy stroll to James Farm Ecological Preserve, Bethany Tennis Club, Fresh Pond State Park, Mason Dixon VFW, Big Fish Grill or John West Park. Located just minutes to downtown Bethany, tax free shopping, fine dining, signature golf courses and Beebe's newest South Coastal location. Build now or build later. Don't let this one get away!

Last Agent to Sell the Property

Nicole Peterdozzi

(302) 542-8344 nicole@nicolepeterdozzi.com Coldwell Banker Realty Listed on: 07/18/2025

Coldwell Banker Realty

Last Buyer's Agent

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 121.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned GR

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Additional Features

  • Canal Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-261.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$128

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Boater's Delight! Rarely available canal front lot in the quaint town of Ocean View. Enjoy an easy stroll to James Farm Ecological Preserve, Bethany Tennis Club, Fresh Pond State Park, Mason Dixon VFW, Big Fish Grill or John West Park. Located just minutes to downtown Bethany, tax free shopping, fine dining, signature golf courses and Beebe's newest South Coastal location. Build now or build later. Don't let this one get away!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 79.29
  • Street Number Modifier: 38185

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 121.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Year Assessed: 2024
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 114.00
  • Tax Annual Amount: 128.00
  • Assessor Parcel Number: 134-09.00-261.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/04/2025

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Sep 4, 2025
Sold by
Lewis Michael A and Lewis Lisa
Bought by
Osprey Watch Llc
Seller's Agent
Nicole Peterdozzi
Coldwell Banker Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$449,000
Sold Price
$449,000
Views
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
-15.84%

Purchase Details

Listed on
Jul 18, 2025
Closed on
Jul 16, 2025
Sold by
Lewis Michael A and Lewis Lisa A
Bought by
Lewis Michael A and Lewis Lisa A
Seller's Agent
Nicole Peterdozzi
Coldwell Banker Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$449,000
Sold Price
$449,000
Views
8

Purchase Details

Closed on
Sep 23, 2016
Sold by
Sylvia D Edmanson Rev Trust Dated August
Bought by
Lewis Lisa A and Lewis Michael A

Purchase Details

Closed on
Aug 25, 2015
Sold by
Edmanson Sylvia D
Bought by
Sylvia D Edmanson Rev Tr

Purchase Details

Closed on
Aug 20, 2015
Sold by
Edmanson Sylvia D
Bought by
Sylvia D Edmanson Rev Tr

Purchase Details

Closed on
Mar 23, 2015
Sold by
John Fulton John Fulton
Bought by
Edmanson John F and Edmanson Sylvia D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $449,000 0.0% --
07/21/2025 07/21/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $449,000 -- --
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 $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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2090938

Bright MLS

APN: 134-09.00-261.00