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$687,500

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,000 Sq. Ft.
  • 2 Car Garage
  • Updated 6 days ago
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Welcome to the Reserves at Lewes Landing. Only 5 miles to downtown Lewes and 6 miles to the ocean, this wonderful home has so much to offer! Situated on a large lot, it boasts 3,000 square feet of open and functional living space, with 4 bedrooms and 3.5 bathrooms. Enter the foyer, and you'll find flexible space on both sides; a dining room to the left that connects to the kitchen, and an office/2nd living room to the right. As you continue in, you'll find the spacious great room, with soaring ceilings and a propane fireplace, framed by floor to ceiling windows. To the left, the open concept kitchen has 42" cabinets, granite countertops, an island with bar seating, and stainless steel appliances. The kitchen includes an eat-in breakfast area, which easily accommodates dining furniture. The sliding glass door leads to a maintenance free, composite deck and fully fenced back yard. Additionally, this home has a spacious first floor primary suite, with new hickory flooring, two large walk-in closets with California closet systems and a tiled primary bathroom with dual vanity, a large soaking tub and a separate shower. Three more bedrooms and 2 full baths complete the second level, with all three upstairs bedrooms conveniently having bathroom access doors. Recent system updates include: New GAF roof in 2021. Overhead garage door opener in 2022. Rinnai tankless hot water heater in 2024. Bosch HVAC unit in 2025. A few other fantastic features to note; plantation shutters throughout the 1st floor, a whole house water filtration system, fully conditioned crawl space, and underground lawn irrigation with a private irrigation well. Community amenities include a clubhouse with pool, tennis courts, pickle ball courts and basketball courts. With easy access to Rt. 1, downtown Lewes, the beach, restaurants, shopping and more, this community and home have so much to enjoy. Come see it and fall in love! Freshly painted, new photos coming soon.

Full Property Details for 31436 Waters Way

General

  • Sold For: $687,500
  • HOA FEE: $172/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,359 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2100906
  • Added to Site: 196 day(s) ago

Interior

  • Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Walk-in Closet(s), Water Treat System, Wood Floors, Pantry
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas/Propane
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Instant Hot Water, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater - Tankless
  • Flooring: Wood, Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 4
  • Main - Full Baths: 3
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main & Up: 4

Other Rooms

  • Laundry: Main Floor

Additional Information

  • Shared Amenities: Club House, Common Grounds, Pool - Outdoor, Tennis Courts, Basketball Courts, Other
  • Shared Pool: Yes
  • Pool: Yes

Exterior

  • Exterior Features: Underground Lawn Sprinkler
  • Porch/Patio/Deck: Deck(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Type: Attached Garage, Driveway
  • Garage Description: Garage - Front Entry, Garage Door Opener, Inside Access

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: RESERVES AT LEWES LANDING
  • Driving Directions: From Rt. 1, take Lewes Georgetown Hwy (Rt.9) west. In 1.8 miles, make a left onto Lakeview Blvd, then a left onto Waters Way. Home is 2nd on the left. From Rt 113, take Lewes Georgetown Hwy (Rt 9) east approximately 11 miles. Take a right onto Lakeview Blvd, then a left onto Waters Way. Home is 2nd on the left.
  • Direction Faces: South

School Information

  • School District: Cape Henlopen
  • Middle School: Frederick D. Thomas
  • High School: Cape Henlopen

Community

  • Association: Yes
  • Assoc. Name: RESERVES AT LEWES LANDING HOA
  • Assoc. Fees Include: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • Pets Allowed: Yes
  • Pets: Number Limit

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Propane - Metered
  • Water Heater: Tankless, Instant Hot Water, Propane

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Electric Available, Phone, Propane - Community, Sewer Available, Water Available

Structural Information

  • Architectural Style: Coastal, Contemporary
  • Structure Type: Detached
  • Construction: Frame, Vinyl Siding
  • Foundation: Crawl Space
  • Windows: Screens
  • Doors: Sliding Glass, Storm
  • Stories Description: Main
  • Square Feet: 3,000
  • Sq. Ft. Source: Estimated
  • Living Area: 3,000 Sq. Ft.
  • Finished Above Grnd: 3,000 Sq. Ft.
  • Year Built: 2006
  • Year Built Source: Assessor
  • Property Condition: Very Good, Excellent

Unit Information

  • Unit Floor in Bldg.: 2

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size Source: Assessor
  • Lot Dimensions: 105.00 x 200.00
  • Zoning: AR-1
  • Fencing (Description): Fully, Panel, Rear, Vinyl

Financial Considerations

  • Price Per Sq. Ft.: $233
  • Association Fee: $515
  • Assoc Fee Freq.: Quarterly
  • Assessment Year: 2025
  • School Tax: $1,221
  • County Tax: $138
  • County Tax Freq: Annually
  • Tax Amount: $1,359
  • Tax Year: 2025
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 772

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Additional refrigerator in garage
  • Lot Number: 82

Meet the listing and selling agents

Meet the listing and selling agents
— 31436 Waters Way —

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NMLS#: 1598647

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Schools serving 31436 Waters Way

School District:Cape Henlopen School District
NameGradesDistance
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-86.1 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-123.2 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 31436 Waters Way

Date
Details
Price
Change
Source
6/05/2026
Sold
$687,500
-1.65%
MLS
3/17/2026
Price Reduced
$699,000
-6.68%
MLS
3/05/2026
Price Reduced
$749,000
-2.09%
MLS
11/29/2025
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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31436 Waters Way, Lewes, DE 19958 (MLS# DESU2100906) is a Single Family property that was sold at $687,500 on June 05, 2026. This property was listed by Sally Harrison from our Coastal Delaware Office.Want to learn more about 31436 Waters Way? Do you have questions about finding other Single Family real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.