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$1,120,500
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Property Description
Welcome to one of Point Farm's finest offerings, an exceptional 5-bedroom, 3.5-bath custom retreat on one acre with sweeping water views and the rare combination of luxury, privacy, and functionality. Tucked behind mature trees on a spacious lot with a shaded sitting area, this 3,900-square-foot masterpiece invites you to experience life at the water's edge in style. Step through the front door and prepare to be captivated by panoramic water views that stretch across the main living areas. The heart of the home is a designer kitchen featuring exquisite countertops and a statement backsplash, perfect for entertaining or enjoying a quiet morning coffee while the water sparkles just beyond. The main level offers effortless single-floor living with 3 spacious bedrooms and 2.5 baths, while the second floor delivers a beautifully appointed in-law suite complete with two additional bedrooms and a full bath as well as living and kitchen areas-ideal for multigenerational living or hosting guests in total comfort. Space exists for an elevator to be added if desired, and the area has a separate access for maximum privacy. Outside, a private dock awaits with boat lift, electricity, and water already in place-just add your boat and go. The oversized garage easily holds four vehicles and includes a dedicated workshop area for the enthusiast or hobbyist seeking space to create. Homes in Point Farm don't come along often-especially not with this blend of refinement, water access, and turnkey condition. If you've been waiting for the right coastal luxury property, this is it. Listing agent has a copy of a recent appraisal which values the property at $1.396M. A copy is available upon request.
Full Property Details
Full Property Details for 118 Riverview Dr
General
- Sold For: $1,120,500
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $1,815 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2086526
- Added to Site: 266 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Bathroom - Jetted Tub, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchenette, Pantry, Primary Bedroom - Bay Front, Recessed Lighting
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Electric, Electric
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Cooktop, Dryer, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 3
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 2
- Bedrooms Main & Up: 3
Exterior
- Exterior Features: Boat Storage, Lawn Sprinkler, Outbuilding(s), Outside Shower
- Porch/Patio/Deck: Deck(s)
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 8
- Parking Features: Paved Driveway
- Parking Type: Attached Garage, Driveway
- Garage Description: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized
Location
- Area: Dagsboro Hundred (31005)
- County: Sussex
- Development Name: Point Farm
- Subdivision: Point Farm
- Building Name: NONE AVAILABLE
- Driving Directions: Use GPS
- Location Details: Bayfront
School Information
- School District: Indian River
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Septic Tank, Holding Tank, Other
- Water: Public
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Structure Type: Detached
- Construction: Brick
- Foundation: Crawl Space
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 3,900
- Sq. Ft. Source: Estimated
- Living Area: 3,900 Sq. Ft.
- Year Built: 1996
- Year Built Source: Assessor
- Property Condition: Excellent
Additional Structures
- Other Structures: Shed
Lot Features
- Property View: Bay, Garden/Lawn, Panoramic
- Lot Size (Acres): 0.94
- Lot Size (Sq. Ft.): 40,946
- Lot Size Source: Assessor
- Lot Dimensions: 100.00 x 439.00
- Zoning: AR-1
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
- Water Front Type: Canal
Financial Considerations
- Price Per Sq. Ft.: $320.51
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Assessment Year: 2024
- School Tax: $1,620
- County Tax: $175
- County Tax Freq: Annually
- Tax Amount: $1,815
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Living Room couch, Dining Table downstairs, bed upstairs
Listed and Sold by Keller Williams Realty, Andrew Timmons and Keller Williams Realty, Tammy Dunn
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Schools
Schools serving 118 Riverview Dr
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Clayton (John M.) Elementary School 252 Clayton Avenue, Frankford, DE 19945 | PK-5 | 2.7 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 7 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Riverview Dr
Date
Details
Price
Change
Source
9/12/2025
Sold
$1,120,500
-10.36%
MLS
6/09/2025
Price Reduced
$1,250,000
-7.41%
MLS
5/19/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 Riverview Drive, Dagsboro, DE 19939 (MLS# DESU2086526) is a Single Family property that was sold at $1,120,500 on September 12, 2025. Want to learn more about 118 Riverview Drive? Do you have questions about finding other Single Family real estate for sale in Dagsboro? You can browse all Dagsboro real estate or contact a Coldwell Banker agent to request more information.

