$2,500,000
Original list price: $2,699,000
28 Oy••••• Bay Dr (Sign up for 50 free credits to unlock)Fenwick Island, DE 19944
Property Description
Luxury Coastal Waterfront Living! Perfectly positioned on the water on an oversized one-and-a-half-lot, this exquisitely renovated 4BR/3.5BA waterfront residence offers approximately 2,450 square feet of refined coastal luxury. Complete with a private pool, multiple waterfront decks, and boat lifts, this exceptional home seamlessly blends sophisticated design with the relaxed elegance of effortless waterfront living. Every detail has been thoughtfully curated to create a home that is both elegant and inviting. Flooded with natural light through expansive windows, the open-concept floor plan showcases breathtaking water views from nearly every room while offering exceptional functionality, abundant storage, and timeless finishes throughout. The heart of the home is a stunning custom chef's kitchen designed for both everyday living and grand entertaining. Outfitted with premium appliances, custom cabinetry, luxurious quartz countertops, and an impressive center island, the kitchen flows seamlessly into the family room and waterfront dining area. Whether hosting intimate dinners or lively gatherings, every space has been designed to capture the beauty of the water and the ever-changing views of boats passing by. The main level also features a luxurious waterfront primary suite, creating the perfect private retreat. The spa-inspired ensuite bath boasts a beautifully designed custom tiled shower and designer finishes, while a conveniently located powder room serves guests with ease. Upstairs, three spacious waterfront guest bedrooms provide family and friends with their own peaceful sanctuary, complemented by a beautifully appointed full bath. An expansive upper balcony offers panoramic water views, creating the ideal setting to enjoy morning coffee, breathtaking sunsets, or quiet evenings overlooking the bay. The lower level has been thoughtfully designed for coastal living with a welcoming mudroom, full laundry room, additional bath and another shower, and direct access to both the garage and waterfront. A one-car garage, along with a rear storage garage, provides ample space for kayaks, paddleboards, canoes, fishing gear, and all of your waterfront essentials. Architectural details elevate the home's coastal elegance, including custom shiplap accents, sleek cable railings, a striking teal metal roof, maintenance-free composite decking, extensive paver hardscaping, professional landscaping, and an outdoor shower after long days at the beach or on the water. Your Private Outdoor Oasis, designed to rival the finest waterfront resorts, the outdoor living spaces are truly extraordinary. Lounge beside the sparkling private pool, gather around the fire pit beneath the stars, or entertain effortlessly in the outdoor bar area. Multiple waterfront decks provide endless places to relax and take in the spectacular views, while the expansive fenced yard offers lush green space for children and pets-a rare luxury in waterfront living. Boating enthusiasts will appreciate the 7,500-pound boat lift, floating dock, and dedicated jet ski lift, providing immediate access to the bay for days spent cruising, fishing, or enjoying life on the water. With parking for up to eight vehicles and the beach just a short 2 block stroll away, every element of this remarkable property has been designed to embrace the very best of the coastal lifestyle. 28 Oyster Bay Drive is more than a home-it is a private waterfront retreat where luxury, comfort, and unforgettable outdoor living come together to create an extraordinary coastal experience. Ideally located within walking distance of the area's favorite waterfront restaurants, charming boutiques, and local shops, you'll enjoy the perfect blend of peaceful coastal living and the convenience of having everything you need just moments from your front door. One seller is a licensed Real Estate Agent.
Property Facts & Features
- Property Type
- Single Family
- Status
- Closed
- Listed
- Jul 2, 2026
- Sold
- Sep 14, 2026
- List Price
- $2,699,000
- Price per Sq Ft
- $1020/sqft
- ZIP Code
- 19944
- Full Baths
- 3
- Half Baths
- 1
- Stories
- 2
- Parking
- Paved Driveway, Under Home Parking, Off Street, Driveway
- Heating
- Forced Air, Zoned
- Cooling
- Ceiling Fan(S), Ductless/Mini Split, Central A/C
- Construction
- Frame, Stick Built
- Style
- Coastal
- Property Tax (2026)
- $3,017/yr
- Assessed Value
- $702,950
- County
- Sussex
- School District
- Indian River School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 1/2 Bathrooms: 1
Land Info
- Lot Size Acres: 0.1979798
- Lot Size Square Feet: 8624
Appliances
- Dishwasher
- Disposal
- Dryer - Electric
- Icemaker
- Refrigerator
- Washer
- WaterHeater
- Built-In Microwave
- Oven/Range - Gas
- Stainless Steel Appliances
Pool and Spa
- Pool Private: Yes
Interior Features
- Entry Level Bedroom
- Ceiling Fan(s)
- Window Treatments
- Bathroom - Tub Shower
- Bathroom - Stall Shower
- Bathroom - Walk-In Shower
- Built-Ins
- Carpet
- Dining Area
- Family Room Off Kitchen
- Floor Plan - Open
- Kitchen - Eat-In
- Kitchen - Gourmet
- Kitchen - Island
- Primary Bath(s)
- Recessed Lighting
- Walk-in Closet(s)
Garage and Parking
- Parking Features: Paved Driveway, Under Home Parking, Off Street, Driveway
- Parking Total: 8
School Information
- School District: INDIAN RIVER
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Ductless/Mini-Split, Central A/C
- Heating Features: Forced Air, Zoned
- Heating: Yes
- Ceiling Fans: Yes
Other Property Info
- Annual Tax Amount: 3863
- Source Listing Status: Closed
- County: SUSSEX
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Neighborhood: NONE AVAILABLE
- Subdivision: NONE AVAILABLE
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
Building and Construction
- Total Square Feet Living: 2450
- Year Built: 1982
- Above Grade Finished Area: 2450
- BelowGradeFinishedArea: 0
- Building Name: NONE AVAILABLE
- Construction Materials: Frame, Stick Built
- Levels: 2
- Property Age: 44
- Levels or Stories: 2
- Structure Type: Detached
- Total Area Sqft: 2450
- Architectural Style: Coastal
Waterfront and Water Access
- Water Access
- Waterfront
- Navigable Water
- Waterfront Feet: 98
Location
Lat 38.45430 · Lng -75.05513