This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,256,250
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome to 40160 Salt Meadow Dr-an exceptional bayfront end-unit residence in Fenwick Island offering over 3,000 square feet of light-filled coastal living with sweeping bay, wildlife, and sunset views from multiple levels. Perfectly positioned between the bay and ocean, this fully furnished, turn-key retreat presents a rare opportunity as a primary home, second residence, or high-performing investment property. Thoughtfully curated for both relaxation and entertaining, the home features an open-concept design enhanced by expansive windows, recessed lighting, and seamless indoor-outdoor flow to multiple bayfront balconies overlooking a vibrant coastal ecosystem. The residence is appointed with multiple flat-screen TVs, a recreation space with a ping-pong table, a kayak, bicycles, and a full complement of beach accessories-offering a truly effortless waterfront lifestyle. Recent updates include new carpeting throughout, new roller blinds in the primary suite, and new windows and sliding glass doors along the rear (bayside) and side of the home. The main living level showcases a well-appointed kitchen with stainless steel appliances, granite countertops, and generous breakfast bar seating, flowing into a warm and inviting family room with a fireplace and an elegant dining area. A wet bar with a wine fridge enhances the entertaining experience, while a separate great room with soaring ceilings and walls of windows, provides an additional space to unwind and take in the views. The home offers five bedrooms (sleeping up to 12) and multiple well-designed baths, including two ensuite bedrooms, each thoughtfully positioned to maximize privacy and access to outdoor living spaces. An elevator services all levels from the attached garage, and ample storage is integrated throughout. The attached garage offers covered, private parking and there is also an assigned parking spot across from the unit (#60). The top level is devoted to a private primary suite sanctuary, where expansive windows frame panoramic bay views. This serene retreat features a spacious bath with a glass-enclosed shower and soaking tub, along with a private balcony-an ideal setting for enjoying sunsets in complete comfort. An additional bedroom is also located on this level, while the lower level offers three bedrooms, including one ensuite, and additional gathering space. Located in the coveted Salt Meadows community, residents enjoy resort-style amenities including a bayfront pool, pier, kayak access and storage, sandy beach areas, and a private boardwalk providing direct access to the ocean just steps away. Ideally situated near Ocean City, Bethany Beach, and Rehoboth Beach, this location offers the perfect balance of tranquility and convenience.
Full Property Details
Full Property Details for 40160 Salt Mdw Dr
General
- Sold For: $1,256,250
- HOA FEE: $1,000/month
- Taxes: $2,573 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2110442
- Added to Site: 102 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 2
- Bedrooms-Up2: 2
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Beach, Pier/Dock, Pool - Outdoor, Water/Lake Privileges
- Shared Pool: Yes
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Assigned Spaces: 1
- Total Spaces: 4
- Parking Features: Assigned
- Parking Type: Attached Garage, Driveway, Off Street
- Garage Description: Garage Door Opener
Location
- Area: Baltimore Hundred (31001)
- County: SUSSEX
- Subdivision: SALT MEADOWS
- Driving Directions: From DE-1 (Coastal Highway), head south toward Fenwick Island and turn west onto Lighthouse Rd (DE-54). Continue on Lighthouse Rd into Fenwick Island, then turn onto Salt Meadow Dr and follow to 40160 Salt Meadow Dr.
School Information
- School District: Indian River
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s)
- Heating Fuel: Propane - Metered
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Coastal
- Structure Type: End of Row/Townhouse
- Construction: Concrete, Stick Built, Vinyl Siding
- Basement: Yes
- Basement Desc.: Daylight, Partial, Connecting Stairway
- Foundation: Permanent
- 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: 2005
- Year Built Source: Assessor
Lot Features
- Zoning: MR
Financial Considerations
- Price Per Sq. Ft.: $433.33
- Association Fee: $1,000
- Assoc Fee Freq.: Monthly
- 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: Condominium
- Lot Number: 70
Listed by Redfin Corp, Kelley J Johnson
Sold by Sheppard Realty Inc, Leslie I. Smith
Get Pre-Approved Today
Schools
Schools serving 40160 Salt Mdw Dr
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Showell (Phillip C.) Elementary School 41 Bethany Road, Selbyville, DE 19975 | PK-5 | 5.6 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 5.3 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40160 Salt Mdw Dr
Date
Details
Price
Change
Source
7/22/2026
Sold
$1,256,250
-3.37%
MLS
4/28/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40160 Salt Meadow Drive, Fenwick Island, DE 19944 (MLS# DESU2110442) is a Townhouse property that was sold at $1,256,250 on July 22, 2026. Want to learn more about 40160 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.

