OFF MARKET

Off market aug 2022 for $1.1M

$1,209,601

Est. refi paymentEst. refi $7,392/mo

•

2,400

sq ft

39980 Waters Edge Rd #16, Fenwick Island, DE 19944

About this home

Simply stunning bay front townhome ideally situated to take full advantage of views of both Ocean and Bay. Enjoy watching the sunrise over the ocean & unobstructed views of the sunset! This lovely home features water views from almost every room. The first floor offers 3 spacious bedrooms, 2 full baths, and a large porch overlooking the bay. The second floor is the main living level offering a great room which opens to a spacious waterfront deck and a beautiful kitchen featuring a breakfast nook & stainless appliances. The owners suite awaits you on the 3rd floor including a private bay front deck, sitting area in the primary bedroom/study area. This is a fully undated townhome decorated in lovely coastal colors & furniture from J Conn Scott.

TownhomeProperty Type

2000Year Built

20.55 acresLot Size

$504Est. Price/Sq.Ft.

2 spacesParking

Listed by ANN RASKAUSKAS • BETHANY AREA REALTY LLC

•302-537-9700 (broker)

•ann@bethanyarearealty.com (broker)

Bought with Christine MCCOY • Coldwell Banker Realty

•302-539-1777 (broker)

Redfin checked: 3 minutes ago

•Source:BRIGHT MLS #DESU2025564

Redfin Estimate

$1,209,601

$90K since sold in August 2022$13K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 56.8% higher than the average sale price ($772K) of 6 comparable homes.

SOLD JUL 28, 2026
$1,150,000
A
4 beds3.5 baths2,800 sq ft
39984 Waters Edge Rd #11, Fenwick Island, DE 19944
SOLD SEP 18, 2026
$650,000
B
3 beds3.5 baths2,147 sq ft
38156 Dockside Dr #1258, Selbyville, DE 19975
SOLD SEP 14, 2026
$1,025,000
C
4 beds3.5 baths1,600 sq ft
40058 Grant Dr #47, Fenwick Island, DE 19944
SOLD MAY 22, 2026
$660,000
D
4 beds3.5 baths2,295 sq ft
38222 Lookout Ln #1052, Selbyville, DE 19975
SOLD JUL 17, 2026
$644,900
E
3 beds3.5 baths2,165 sq ft
38178 Dockside Dr #1267, Selbyville, DE 19975
SOLD SEP 11, 2026
$500,000
F
3 beds3.5 baths2,100 sq ft
38010 Creek Dr #1293, Selbyville, DE 19975

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Earn from this home

Sell

$314,085

Est. take-home

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Refinance

Est. cash available

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Rent

$2,421/mo

Redfin rental estimate

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Market trends in 19944, DE

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

94.8%

+1.1% MoM

Median sale price

$1.2M

$28K MoM

Avg. days on market

36d

32 days MoM

Recently sold homes

1 MoM

New listings for sale

$620,000
2 beds2 baths1,092 sq ft
604 Coastal Hwy #12, Fenwick Island, DE 19944
(302) 537-3400
$1,314,900
4 beds3.5 baths2,400 sq ft
40004 Pelican Rd #7, Fenwick Island, DE 19944
(410) 524-6400
See all

Provided by Redfin

Sale history for 39980 Waters Edge Rd #16

Year

Property tax

Land + Additions

Assessment*

2026

$1,966 (−0.4%)

$82,850 + $378,550

$461,400

2025

$1,974 (+5.3%)

$82,850 + $378,550

$461,400

2024

$1,873 (+0.1%)

$82,850 + $378,550

$461,400

2023

$1,871 (+1.6%)

$8,800 + $36,450

$45,250

2022

$1,841 (+3.1%)

$8,800 + $36,450

$45,250

2021

$1,786 (+4.7%)

$8,800 + $36,450

$45,250

2020

$1,705 (+0.4%)

$8,800 + $36,450

$45,250

2019

$1,698 (−1.0%)

$8,800 + $36,450

$45,250

2018

$1,714 (−0.8%)

$8,800 + $36,450

$45,250

2017

$1,728 (+13.5%)

$8,800 + $36,450

$45,250

2016

$1,523 (−1.5%)

$8,800 + $36,450

$45,250

2014

$1,546

$8,800 + $36,450

$45,250

Tax history for 39980 Waters Edge Rd #16

Year

Property tax

Land + Additions

Assessment*

2026

$1,966 (−0.4%)

$82,850 + $378,550

$461,400

2025

$1,974 (+5.3%)

$82,850 + $378,550

$461,400

2024

$1,873 (+0.1%)

$82,850 + $378,550

$461,400

2023

$1,871 (+1.6%)

$8,800 + $36,450

$45,250

2022

$1,841 (+3.1%)

$8,800 + $36,450

$45,250

2021

$1,786 (+4.7%)

$8,800 + $36,450

$45,250

2020

$1,705 (+0.4%)

$8,800 + $36,450

$45,250

2019

$1,698 (−1.0%)

$8,800 + $36,450

$45,250

2018

$1,714 (−0.8%)

$8,800 + $36,450

$45,250

2017

$1,728 (+13.5%)

$8,800 + $36,450

$45,250

2016

$1,523 (−1.5%)

$8,800 + $36,450

$45,250

2014

$1,546

$8,800 + $36,450

$45,250

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

960

Year built

2000

Style

Condo/Co-op

County

Sussex County

APN

134-22.00-2.00-16

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Medium-Density Residential

The purpose of this district is to provide for medium-density residential development in areas which are or which are expected to become generally urban in character, but where sanitary sewers and public water supplies may or may not be available at the time of construction, together with such churches, recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. The district is located to protect existing development of this character and contains vacant land considered appropriate for such development in the future.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Religious facility
Housing-Single unit
Golf related
Park & open space

Property details

Parking

Parking Information
# of Attached Carport Spaces: 2
# of Total Garage and Parking Spaces: 2
Lighted Parking, Paved Driveway, Private, Shared Driveway, Under Home Parking
Attached Carport, Off Street

Interior

Virtual Tour

Bedroom Information
# of Bedrooms On Main Level: 4

Bathroom Information
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 3
# of Bathrooms (Half): 1
# of Bathrooms (Full): 3

Interior Information
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Furnished
Interior Features: Breakfast Area, CeilngFan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Master Bath(s), Stall Shower, Upgraded Countertops
Living Area Sq.Ft. Source: Estimated

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Gas/Propane

Basement Information
Basement: No

Exterior

Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Building Name: NONE AVAILABLE
Construction Materials: Frame, Aluminum Siding
Foundation Details: Pilings
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Deck(s), Porch(es)
Pets Allowed: No
Structure Type: Interior Townhouse/Rowhouse

Exterior Information
BBQ Grill, Exterior Lighting, Flood Lights, Outside Shower, Street Lights

Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Has Water View
Tidal Water: No

Above Grade Information
Finished Sq.Ft.: 2,400
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
County Tax: $162
School Tax: $1,275
Tax Year: 2021
Tax Annual Amount: $1,437

Assessments Information
Year Assessed: 2021

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public

Location

Homeowners Association Information
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management
HOA/Condo/Coop Amenities: Pier/Dock, Reserved/Assigned Parking, Water/Lake Privileges
HOA Fee: $2,700
HOA Fee Frequency: Quarterly

School Information
Elementary School: LORD BALTIMORE
Middle Or Junior School: SELBYVILLE
High School: INDIAN RIVER
School District Name: INDIAN RIVER
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent

Location Information
Outside City Limits
Sussex DE Quadrants: Between Rt 1 & 113
Directions: Drive South on Highway 1 toward Fenwick. Turn right into Waters Edge
Location Type: Bayfront

Public facts

Beds: —
Baths: 5.0
Sq. Ft.: 960
Stories: 3.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2000
Year Renovated: —
County: Sussex County
APN: 134-22.00-2.00-16

Home facts updated by county records on Aug 24, 2026

Around this home

Schools

K - 12
Preschool & daycare

Lord Baltimore Elementary School

Public K-5 • Assigned • 4.4mi

8/10

Selbyville Middle School

Public 6-8 • Assigned • 8.6mi

7/10

Indian River High School

Public 9-12 • Assigned • 10.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

6 days above 100° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Fenwick Island, DE • 19944

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5.5 hours in December, which is comparable to the U.S. average for solar exposure.

9.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.15M – $1.39M

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Home values near 39980 Waters Edge Rd #16

Data from public records.

Address	Redfin Estimate
39984 Waters Edge Road Unit 10, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$772,052
39984 Waters Edge Road Unit 11, Fenwick Island, DE 4 Beds \| 3.5 Baths \| 2800 Sq. Ft.	$1,489,083
39980 Waters Edge Road Unit 15, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$746,436
35432 Coastal Highway, Fenwick Island, DE 5 Beds \| 5 Baths \| 740 Sq. Ft.	$3,146,504
35886 Coastal Highway, Fenwick Island, DE 7 Beds \| 8 Baths \| 8308 Sq. Ft.	$4,626,596
35798 Coastal Highway, Fenwick Island, DE 4 Beds \| 4.5 Baths \| 3976 Sq. Ft.	$3,275,148
40004 Pelican Road Unit 5, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$978,815

Address	Redfin Estimate
39980 Waters Edge Road Unit 17, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$797,563
39980 Waters Edge Road Unit 14, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$1,170,608
16 Waters Edge Road, Fenwick Island, DE 5 Beds \| 3.5 Baths \| 3000 Sq. Ft.	$1,360,950
35548 Coastal Highway, Fenwick Island, DE 4 Beds \| 5 Baths \| 1150 Sq. Ft.	$1,994,129
35702 Coastal Highway, Fenwick Island, DE 3 Beds \| 3 Baths \| 1640 Sq. Ft.	$2,210,590
39947 Narrows Road Unit 11, Fenwick Island, DE 4 Beds \| 3 Baths \| - Sq. Ft.	$943,800
39947 Narrows Road Unit 13, Fenwick Island, DE 4 Beds \| 3 Baths \| 1800 Sq. Ft.	$930,185

Address	Redfin Estimate
39984 Waters Edge Road Unit 12, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$639,742
39984 Waters Edge Road Unit 13, Fenwick Island, DE 4 Beds \| 3.5 Baths \| - Sq. Ft.	$1,155,579
7 Waters Edge Road Unit 7, Fenwick Island, DE 5 Beds \| 3.5 Baths \| 3000 Sq. Ft.	$1,704,899
39947 Narrows Road Unit 15, Fenwick Island, DE 4 Beds \| 2.5 Baths \| 1450 Sq. Ft.	$754,065
40004 Pelican Road Unit 4, Fenwick Island, DE - Beds \| 5 Baths \| 960 Sq. Ft.	$1,002,901
40004 Pelican Road Unit 6, Fenwick Island, DE 4 Beds \| 3.5 Baths \| 3200 Sq. Ft.	$1,316,918
40004 Pelican Road Unit 8, Fenwick Island, DE 4 Beds \| 3.5 Baths \| 3200 Sq. Ft.	$1,374,615

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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