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$1,270,000
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Property Description
Bayfront Luxury, STEPS To Ocean, Spectacular Views, Superb Location - a beautifully furnished and well maintained 5 bedroom, 4 bath end townhome - with one of the best views in Fenwick. Four (4) spacious decks offer panoramic vistas of the open Bay & wetlands and spectacular sunsets with over 3,000 sq ft of elegant living. First enter the foyer where there is a private 4-stop elevator to effortlessly move to all luxury levels. On the second level you'll find a welcoming marble foyer, Spacious Ensuite BR & private bath, 2 additional BRs & full bath - plus every room opens to decks. On the third level you are immediately treated to breath-taking views of the Assawoman Bay. This is the heart of the home with a Chef's Kitchen, Spacious Dining Area with a wet bar & wine cooler, Living Room with double-sided Gas Fireplace, Media Room/Den with soaring ceilings & a wall of windows - perfect for entertaining. The 4th level is a luxury owner's oasis - oversized Bayfront bedroom, luxury bathroom, gas fireplace, deck w amazing Bay & Ocean views. There is also a spacious 2 car garage with added room for games and a huge storage area for bikes & beach gear. Many major upgrades have been completed: Inside - HVAC units, Full size Washer/Dryer & Refrigerator; Outside - new roof 2019; many new sliders, windows, decks, flashing & siding on the rear & side of the building; HOA has scheduled the same for the front of the building & stair tower, as needed, all paid by the HOA. See attached documentation. This 20 unit enclave is perfectly located on the Bay w an easy walk to the Ocean on the & has a surprising array of amenities - Community Pool w Bathhouse, a Deeded Walkway directly to the Ocean, Bayfront Sandy Beach with Picnic Pavilion, kayak storage area plus a 100' fishing & crabbing pier w temporary boat tie up. EXCELLENT RENTAL: 83K 2025. Five Star 'Exceptional'!
Full Property Details
Full Property Details for 40154 Salt Meadow Dr
General
- Sold For: $1,270,000
- HOA FEE: $1,000/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,573 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2096006
- Added to Site: 118 day(s) ago
Interior
- Rooms/Areas: Sitting Room, Bathroom 2
- Interior Features: Carpet, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bedroom - Bay Front, Sprinkler System, Family Room Off Kitchen, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Bar, Bathroom - Jetted Tub, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Dining Area, Recessed Lighting, Wet/Dry Bar, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas/Propane, Fireplace - Glass Doors
- Appliances: Built-In Microwave, Dryer, Water Heater, Dishwasher, Disposal, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading
- Furnished: Yes
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 3
- Upper - Full Baths: 3
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 5
- Bedrooms-Up2: 2
Other Rooms
- Laundry: Lower Floor
Additional Information
- Shared Amenities: Beach, Pier/Dock, Pool - Outdoor, Water/Lake Privileges
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Lawn Sprinkler, Outside Shower
- Porch/Patio/Deck: Deck(s), Porch(es)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Asphalt Driveway, Private
- Parking Type: Attached Garage, Driveway, Off Street
- Garage Description: Oversized
Location
- Area: Baltimore Hundred (31001)
- County: SUSSEX
- Subdivision: SALT MEADOWS
- Driving Directions: Off Coastal Hwy between S. Bethany and Fenwick
- Location Details: Bayfront
School Information
- School District: Indian River
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash, Reserve Funds
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump - Gas BackUp, Heat Pump(s)
- Heating Fuel: Propane - Metered, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Propane - Community
Structural Information
- Architectural Style: Coastal
- Structure Type: End of Row/Townhouse
- Construction: Concrete, Stick Built, Vinyl Siding
- Foundation: Block, Pilings
- Roof: Architectural Shingle
- Walls/Ceilings: Dry Wall
- Windows: Double Hung, Insulated
- Elevator(s ): 1
- Stories Description: Main, Upper 1, 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: 2007
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,682
- Lot Size Source: Assessor
- Zoning: MR
Water Features
- Water Front: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Private Access
- Water Front Type: Bay
- Docks: 1
Financial Considerations
- Price Per Sq. Ft.: $449.67
- Condo Fee: $3,000
- Condo Fee Freq: Quarterly
- Assessment Year: 2025
- School Tax: $2,315
- County Tax: $258
- County Tax Freq: Annually
- Tax Amount: $2,573
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1000
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Inclusions: All Furniture and Furnishings, Ping-pong table, foosball table, bikes, gas grill, single seat kayak
- Lot Number: 70
Listed by Keller Williams Realty, DAYNA FEHER
Sold by Northrop Realty, Ann Buxbaum
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Schools
Schools serving 40154 Salt Meadow Dr
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Lord Baltimore Elementary School 120 Atlantic Avenue, Ocean View, DE 19970 | PK-5 | 5.3 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 8.5 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 10.6 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 40154 Salt Meadow Dr
Date
Details
Price
Change
Source
11/19/2025
Sold
$1,270,000
-5.86%
MLS
9/19/2025
Listed
$1,349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40154 Salt Meadow Drive, Fenwick Island, DE 19944 (MLS# DESU2096006) is a Townhouse property that was sold at $1,270,000 on November 19, 2025. Want to learn more about 40154 Salt Meadow Drive? Do you have questions about finding other Townhouse 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.

