$775,000

38875 Madison Ave Unit 10 Selbyville, DE 19975

Estimated payment $4,716/month

Total Views 1,004
3 Beds
2.5 Baths
1,650 Sq Ft
$470 Price per Sq Ft

Highlights

  • Popular Property
  • 20 Feet of Waterfront
  • 5 Dock Slips
  • Phillip C. Showell Elementary School Rated A-
  • Primary bedroom faces the bay
  • Access to Tidal Water

About This Home

If you are looking for a bay front, nicely renovated Delaware property with a dock for your boat, unobstructed views of the Fenwick skyline and the Fenwick Lighthouse, and room for family and friends - welcome home. This three bed, two and a half bath, three story town home has been completely renovated. This property is offered furnished and is ready for you to move in. The first floor features an amazing updated kitchen in an open concept kitchen, dining, and living area floor plan complete with open bay views and a gas fireplace. The second floor offers two bedrooms with a shared bath. The third floor is the en suite primary bedroom with private balcony overlooking the bay and heated floors in the bathroom. The Fenwick Landing complex offers an in ground community pool. The entire waterfront has bulk head with a parallel pier walkway and boat docks providing easy access to the Delaware and Ocean City bays. All of this is located just a short walk to Catch 54 and Papa Grande's. Additional restaurants, shopping, and the white sand ocean beaches are just a short drive away. Welcome to your beach home. Welcome to the beach!!!

Listing Agent

J.D. Wells

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023662 Listed on: 09/07/2025

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1985

Lot Details

  • 20 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Side-by-Side
  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Bay Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 533-20.19-98.00-10

Community Details

Overview

  • $3,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, pier/dock maintenance, pool(s), water
  • Fenwick Landing Townhouse Condominiums
  • Fenwick Landing Community
  • Fenwick Landing Subdivision

Recreation

  • Boat Dock
  • Community Pool
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,435

Year Built

Built in 1985

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: See Inventory Addendum
  • Inclusions: See Inventory Addendum
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Assigned Parking Space Numbers: Unit 10
  • Remarks Public: If you are looking for a bay front, nicely renovated Delaware property with a dock for your boat, unobstructed views of the Fenwick skyline and the Fenwick Lighthouse, and room for family and friends - welcome home. This three bed, two and a half bath, three story town home has been completely renovated. This property is offered furnished and is ready for you to move in. The first floor features an amazing updated kitchen in an open concept kitchen, dining, and living area floor plan complete with open bay views and a gas fireplace. The second floor offers two bedrooms with a shared bath. The third floor is the en suite primary bedroom with private balcony overlooking the bay and heated floors in the bathroom. The Fenwick Landing complex offers an in ground community pool. The entire waterfront has bulk head with a parallel pier walkway and boat docks providing easy access to the Delaware and Ocean City bays. All of this is located just a short walk to Catch 54 and Papa Grande's. Additional restaurants, shopping, and the white sand ocean beaches are just a short drive away. Welcome to your beach home. Welcome to the beach!!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 469.70
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38875

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • View: Bay
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Little Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1400.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Fenwick Landing Townhouse Condominiums
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Pool(s), Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 3000.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1 5
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Year Assessed: 2025
  • Zoning: M
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1291.00
  • Tax Annual Amount: 1435.00
  • Assessor Parcel Number: 533-20.19-98.00-10
  • Tax Lot: 90
  • Tax Total Finished Sq Ft: 555
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

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

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 For Sale $775,000 -- $470 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2095434

Bright MLS
Delaware Sussex County Selbyville 19975

38875 Madison Ave Unit 10, Selbyville, DE

This home is located at 38875 Madison Ave Unit 10, Selbyville, DE 19975 and is currently priced at $775,000, approximately $469 per square foot. This property was built in 1985. 38875 Madison Ave Unit 10 is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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J.D. Wells
Listing Agent
J.D. Wells
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Berkshire Hathaway HomeServices PenFed Realty
(302) 618-2038