Listing
$340,000
Original list price: $365,000
38050 Mo••••• Ln Unit 97 (Sign up for 50 free credits to unlock)Selbyville, DE 19975
Property Description
Beautifully renovated pond-front coastal retreat located just 2 miles from the beach in Fenwick Island. Enjoy peaceful water views from your screened porch - the ideal spot for morning coffee or evening sunsets. Inside, the home has been thoughtfully updated with new wood flooring throughout the first floor, new carpeting in both bedrooms, and fresh paint throughout. The fully remodeled upstairs bath adds a modern touch, while the wood-burning fireplace creates a cozy gathering space year-round. Offered fully furnished as shown, including artwork, this home is truly move-in ready. Nestled in the community of Mallard Lakes and offering easy, low-maintenance living, the HOA covers lawn care, exterior maintenance, and flood insurance. Residents enjoy resort-style amenities including two pools, a hot tub, lighted tennis and pickleball courts, volleyball and basketball courts, shuffleboard, fishing piers, grilling and picnic areas, and a playground. Just minutes from dining, nightlife, shopping, golf, boating, and outdoor entertainment venues like the Freeman Stage, this waterfront townhome combines relaxation, convenience, and coastal charm.
Property Facts & Features
- Property Type
- Townhomes
- Status
- Closed
- Listed
- Feb 12, 2026
- Sold
- Aug 23, 2026
- List Price
- $365,000
- Price per Sq Ft
- $272/sqft
- ZIP Code
- 19975
- Full Baths
- 1
- Half Baths
- 1
- Stories
- 2
- Parking
- Parking Lot
- Heating
- Baseboard Electric
- Cooling
- Window Unit(S)
- Construction
- Frame, Stick Built
- Style
- Coastal
- HOA Fee
- $349/mo
- Property Tax (2026)
- $498/yr
- Assessed Value
- $116,800
- County
- Sussex
- School District
- Indian River School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Appliances
- Built-In Microwave
- Dishwasher
- Dryer
- Oven/Range - Electric
- Refrigerator
- Stainless Steel Appliances
- Washer
- WaterHeater
Interior Features
- Bathroom - Walk-In Shower
- Ceiling Fan(s)
- Combination Dining/Living
- Dining Area
- Exposed Beams
- Floor Plan - Open
- Primary Bath(s)
- Window Treatments
Garage and Parking
- Parking Features: Parking Lot
School Information
- School District: INDIAN RIVER
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Baseboard - Electric
- Heating: Yes
Other Property Info
- Annual Tax Amount: 499
- Source Listing Status: Closed
- County: SUSSEX
- Disclaimer: Standard
- Ownership: Condominium
- Property Subtype: townhouse
- Source Neighborhood: MALLARD LAKES
- Postal Code Plus 4: 4667
- Subdivision: MALLARD LAKES
Homeowners Association
- Association: Yes
- Association Fee: 4192
- Association Fee Frequency: Annually
- Calculated Total Monthly Association Fees: 349
- Senior Community: No
Building and Construction
- Total Square Feet Living: 1250
- Year Built: 1987
- Above Grade Finished Area: 1250
- BelowGradeFinishedArea: 0
- Building Name: NONE AVAILABLE
- Construction Materials: Frame, Stick Built
- Levels: 2
- Property Age: 39
- Levels or Stories: 2
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1250
- Architectural Style: Coastal
Location
Lat 38.46724 · Lng -75.08468