$1,250,000
SOLD FEB 28, 2025

40124 Salt Meadows Dr Unit D4 Fenwick Island, DE 19944

5 Beds
3.5 Baths
3,000 Sq Ft
$1,075/mo HOA Fee

Recently Sold

$417 Per Sq Ft

7% Below List Price

83 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Beach
  • Home fronts navigable water
  • Lord Baltimore Elementary School Rated A-
  • Pier or Dock
  • Water Access

About This Home

As of February 2025

Welcome to Salt Meadows in Fenwick Island! This stunning end unit, 5-bedroom, 3.5-bath coastal retreat offers luxury living with spectacular open bay views from all three levels. Featuring a private elevator, the home is designed for convenience and comfort. Relax and entertain in the spacious living areas that flow seamlessly to large balconies, perfect for enjoying serene sunsets over the bay.
Located in a coveted community, enjoy exclusive access to a beautiful bayfront pavilion, ideal for gatherings, picnics, or simply soaking in the scenery. The beach is just a short walk away, providing the best of both worlds—bay and beach living. This home combines elegance and ease in a prime coastal location.
Don't miss the opportunity to own a slice of paradise at Salt Meadows!

Last Agent to Sell the Property

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RS-0020030

Long & Foster Real Estate, Inc.

Co-Listed By

Mikaela Brosnahan

Long & Foster Real Estate, Inc. License #RS-0038022

Last Buyer's Agent

Lauren Alberti

Northrop Realty

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 2006

HOA Fees

  • $1,075 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Monitored

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Multiple Balconies
  • Deck

Location

  • Flood Risk
  • Bayside

Utilities

  • Central Air
  • Heat Pump System
  • Metered Propane
  • Propane Water Heater

Additional Features

  • Accessible Elevator Installed
  • Home fronts navigable water

Listing and Financial Details

  • Tax Lot D4
  • Assessor Parcel Number 134-22.00-10.00-D4

Community Details

Overview

  • $5,250 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, snow removal, trash
  • Wilgus Condos
  • Salt Meadows Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Beach
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,220

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,075 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Personal Items, Wall Decor, Decorations, Fountain, Deck Furniture
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Salt Meadows in Fenwick Island! This stunning end unit, 5-bedroom, 3.5-bath coastal retreat offers luxury living with spectacular open bay views from all three levels. Featuring a private elevator, the home is designed for convenience and comfort. Relax and entertain in the spacious living areas that flow seamlessly to large balconies, perfect for enjoying serene sunsets over the bay. Located in a coveted community, enjoy exclusive access to a beautiful bayfront pavilion, ideal for gatherings, picnics, or simply soaking in the scenery. The beach is just a short walk away, providing the best of both worlds—bay and beach living. This home combines elegance and ease in a prime coastal location. Don't miss the opportunity to own a slice of paradise at Salt Meadows!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Pantry, Bathroom - Jetted Tub, Elevator, Kitchen - Island, Primary Bedroom - Bay Front, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 438.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40124

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Little Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Off Street, Driveway
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3225.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: WILGUS
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 5250.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Year Assessed: 2024
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1981.00
  • Tax Annual Amount: 2220.00
  • Assessor Parcel Number: 134-22.00-10.00-D4
  • Tax Lot: D4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/28/2025

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
02/28/2025 02/28/25 Sold $1,250,000 -4.9% $417 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/12/2024 11/12/24 Price Changed $1,315,000 -2.6% $438 / Sq Ft
10/17/2024 10/17/24 For Sale $1,350,000 -- $450 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2072568

Bright MLS

Delaware Sussex County Fenwick Island 19944

40124 Salt Meadows Dr Unit D4, Fenwick Island, DE

Homes for Sale in Fenwick Island, DE

This home is located at 40124 Salt Meadows Dr Unit D4, Fenwick Island, DE 19944 and is currently priced at $1,250,000, approximately $416 per square foot. This property was built in 2006. 40124 Salt Meadows Dr Unit D4 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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