38706 River Rd Ocean View, DE 19970
Estimated payment $4,820/month
Highlights
- Guest House
- In Ground Pool
- 1 Fireplace
- Lord Baltimore Elementary School Rated A-
- Viking Appliances
- No HOA
About This Home
Just steps from the Indian River Bay and VFW, this fully renovated 1950s beach cottage in Ocean View offers vintage charm, modern upgrades, income potential, and a rare buildable second lot. The 2,100 sq ft main house features original hardwood floors, exposed beams, wood paneling, a brick-accented fireplace with wood-burning stove, renovated bathrooms, new wiring throughout, beautiful tile floors, ceiling fans in each bedroom, central AC, and an eat-in kitchen with a Viking range. The detached 2-car garage has been converted into a successful Airbnb suite with a full bath, bedroom, mini split, and new roof, generating $18,000–$25,000 annually. Outside, the home is surrounded by lovely landscaping, lush gardens, and a variety of fruit trees, creating a peaceful outdoor oasis. The 20x40 ft inground pool sits on the second buildable lot on 3/10 of an acre, offering potential for future development or expanded outdoor living. Don’t miss this one-of-a-kind opportunity to own a slice of Delaware beach history with room to grow—just minutes from Bethany Beach.
Listing Agent
(302) 604-4683 krystal@thecoastalcollectivegroup.com Keller Williams Realty License #RS0026088 Listed on: 06/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $800
Year Built
- Built in 1958
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 170.00 x 100.00
- Additional Land
- 134-05.00-196.00
- Property is zoned MR
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Cottage
- Frame Construction
- Stick Built Home
Interior Spaces
- 1,900 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Crawl Space
- Viking Appliances
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Heating System Powered By Owned Propane
- Well
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- In Ground Pool
- Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 134-05.00-195.00
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 |
---|---|---|---|---|
2025 | $1,460 | $19,350 | $5,050 | $14,300 |
2024 | $1,091 | $19,350 | $5,050 | $14,300 |
2023 | $1,122 | $19,350 | $5,050 | $14,300 |
2022 | $1,109 | $19,350 | $5,050 | $14,300 |
2021 | $1,086 | $19,350 | $5,050 | $14,300 |
2020 | $1,091 | $19,350 | $5,050 | $14,300 |
2019 | $1,024 | $19,350 | $5,050 | $14,300 |
2018 | $1,071 | $19,350 | $0 | $0 |
2017 | $738 | $19,350 | $0 | $0 |
2016 | $989 | $19,350 | $0 | $0 |
2015 | $1,009 | $19,350 | $0 | $0 |
2014 | $999 | $19,350 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/18/2025 06/18/25 | For Sale | $900,000 | -- | $474 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Deed | $272,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $320,855 | FHA |
Source: Bright MLS
MLS Number: DESU2085848

APN: 134-05.00-195.00
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