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$2,200,000
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Property Description
The Iconic "Shiphouse" - A Fenwick Island Landmark A true Fenwick Island icon, the "Shiphouse" stands as a one-of-a-kind architectural treasure-featured in Architectural Magazine for its distinctive coastal design. The ground level offers a self-contained 2-bedroom, 1-bath apartment complete with its own kitchen, living area, washer/dryer and a private rear entrance. An interior ship's ladder connects this space to the main residence, allowing for flexibility as a private suite or part of the whole house. Upstairs, three more levels unfold with creativity and charm. The main living area features an open-concept layout with a gourmet kitchen, dining area, and family room anchored by a cozy fireplace. Multiple balconies and porches invite you to savor sea breezes, sunrises, and the relaxed Fenwick Island lifestyle. Set on spacious grounds with ample parking and a backyard perfect for outdoor enjoyment, this home combines comfort, versatility, and coastal character. Conveniently located just steps away from the beach, the home features an outside shower and powder room to make the most of every beach day. With a timeless appeal, the "Shiphouse" is ideal as a family retreat. Don't miss this rare opportunity to own a piece of Fenwick Island history!
Full Property Details
Full Property Details for 40126 W Virginia Ave
General
- Sold For: $2,200,000
- Taxes: $3,328 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2099322
- Added to Site: 76 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Kitchen, Family Room
- Interior Features: 2nd Kitchen, Carpet, Ceiling Fan(s), Built-Ins, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Primary Bath(s), Pantry, Upgraded Countertops, Walk-in Closet(s), Other
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood
- Appliances: Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
- Furnished: Yes
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 3
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
- Lower Floor Baths: 2
- Lower - Full Baths: 1
- Lower - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 6
- Bedrooms Upper: 1
- Bedrooms Lower: 2
- Bedrooms-Up2: 1
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Lower Floor, Upper Floor
Exterior
- Exterior Features: Exterior Lighting, Outside Shower, Other
- Porch/Patio/Deck: Balconies- Multiple, Porch(es), Patio(s), Brick
Parking
- Parking Type: Driveway
Location
- Area: Baltimore Hundred (31001)
- County: SUSSEX
- Driving Directions: Coastal Hwy to West Virginia Ave on the ocean side.
- Direction Faces: North
- Location Details: Middle Of Block
- City Limits: Yes
School Information
- School District: Indian River
- High School: Indian River
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric, Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Coastal, Contemporary
- Structure Type: Detached
- Construction: Stick Built
- Foundation: Crawl Space
- Windows: Screens
- Stories Description: Lower 1, Main, Upper 2
- Square Feet: 3,000
- Sq. Ft. Source: Estimated
- Living Area: 3,000 Sq. Ft.
- Finished Above Grnd: 3,000 Sq. Ft.
- Year Built: 1995
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
Unit 1
- Bathrooms-Lower: 2
- Bedrooms-Lower: 2
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 100.00
- Zoning: C-1
- Lot Description: Landscaping
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $783.33
- Assessment Year: 2025
- School Tax: $2,995
- City/TownTax Freq: Annually
- County Tax: $333
- County Tax Freq: Annually
- Tax Amount: $3,328
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 535
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 70
Listed by RE/MAX Advantage Realty, Chris Jett
Sold by Keller Williams Realty Delmarva, Grant K Fritschle
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Schools
Schools serving 40126 W Virginia Ave
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Showell (Phillip C.) Elementary School 41 Bethany Road, Selbyville, DE 19975 | PK-5 | 8.9 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 8.6 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 11.4 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 40126 W Virginia Ave
Date
Details
Price
Change
Source
1/14/2026
Sold
$2,200,000
-6.38%
MLS
10/31/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40126 W Virginia Avenue, Fenwick Island, DE 19944 (MLS# DESU2099322) is a Single Family property that was sold at $2,200,000 on January 14, 2026. Want to learn more about 40126 W Virginia Avenue? Do you have questions about finding other Single Family real estate for sale in Fenwick Island? You can browse all Fenwick Island real estate or contact a Coldwell Banker agent to request more information.

