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$475,000
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Property Description
Welcome to this end unit townhome featuring 4 bedrooms, 3.5 bathrooms, and a first-floor primary suite for easy, convenient living! Located east of Route 1 in the Reserves of Nassau with a community pool, this home offers the perfect blend of comfort, style, and coastal charm. Enjoy the outdoors from your private screened-in porch, and take advantage of the unfinished walkout basement-a versatile space with tons of potential for additional living area, entertainment space, or storage. The home also includes an attached garage, offering added convenience and secure parking. With its prime location just minutes from Lewes Beach and the popular bike trail, this home provides easy access to all the best that coastal Delaware has to offer-whether you're exploring nature, dining out, or simply relaxing by the shore. Perfect as a full-time residence, beach retreat, or investment property-this one checks all the boxes!
Full Property Details
Full Property Details for 17318 King Phillip Wy #40
General
- Sold For: $475,000
- HOA FEE: $378/month
- Taxes: $1,048 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2091450
- Added to Site: 170 day(s) ago
Interior
- Number of Rooms: 9
- Rooms/Areas: Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
- Interior Features: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Recessed Lighting, Walk-in Closet(s), Kitchen - Efficiency
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Range Hood, Refrigerator, Washer, Water Heater
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Additional Information
- Shared Pool: Yes
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Type: Attached Garage, Driveway
- Garage Description: Built In
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Subdivision: RESERVES OF NASSAU
- Driving Directions: Use GPS for most accurate directions
School Information
- School District: Cape Henlopen
Community
- Association: Yes
- Assoc. Fees Include: Pool(s), Lawn Maintenance, Other, Trash, Snow Removal, Ext Bldg Maint, Common Area Maintenance
- Pets Allowed: Yes
- Pets: Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Propane
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Walkout Level
- Foundation: Concrete Perimeter
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 1,900
- Sq. Ft. Source: Estimated
- Living Area: 1,900 Sq. Ft.
- Finished Above Grnd: 1,900 Sq. Ft.
- Year Built: 2005
- Year Built Source: Estimated
Lot Features
- Lot Size Source: Estimated
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $263.11
- Association Fee: $378
- Assoc Fee Freq.: Monthly
- Other Fee: $250
- Other Fee Freq.: One Time
- School Tax: $942
- County Tax: $106
- County Tax Freq: Annually
- Tax Amount: $1,048
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 573
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Small desk in foyer, wine cabinet, and queen bedroom set upstairs (all have been removed, but in pictures)
- Inclusions: Most furnishings included
- Lot Number: 40
Listed by Jack Lingo - Lewes, KRISTINA LINGO
Sold by Patterson-Schwartz-Newark, Andrea Marie Carbaugh
Get Pre-Approved Today
Schools
Schools serving 17318 King Phillip Wy #40
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 4.9 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 1.9 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 17318 King Phillip Wy #40
Date
Details
Price
Change
Source
11/25/2025
Sold
$475,000
-4.98%
MLS
9/03/2025
Price Reduced
$499,900
-1.98%
MLS
8/18/2025
Price Reduced
$510,000
-1.92%
MLS
8/01/2025
Listed
$520,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
17318 King Phillip Way #40, Lewes, DE 19958 (MLS# DESU2091450) is a Townhouse property that was sold at $475,000 on November 25, 2025. Want to learn more about 17318 King Phillip Way #40? Do you have questions about finding other Townhouse real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.

