Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,847,000

  • For Sale
  • Under Contract
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2 Partial Baths
  • 4,360 Sq. Ft.
  • 3 Car Garage
  • Updated 6 days ago
See This Home
Save This Home
See This Home
Save This Home
Exclusive coastal sanctuary: Custom waterview home just minutes to Fenwick Island and Ocean City, Maryland. Experience the pinnacle of coastal luxury in this custom-built masterpiece, tucked away on a private, peaceful cul-de-sac within an exclusive gated community. Positioned on a prime water view lot, this home offers access to the water right from your backyard, perfect for launching your kayak, paddleboard, or canoe for a sunset paddle. Step through the grand double door entry into an impressive foyer featuring a sweeping wraparound staircase, designer lighting fixtures, and custom architectural details that set an immediate tone of sophistication. Soaring 9 foot ceilings span across both levels, creating an airy, light-filled environment throughout the entire residence. Designed for effortless entertaining, the gourmet chef's kitchen serves as the heart of the home. Outfitted with top-tier appliances, including an oversized column refrigerator and matching full size freezer - this space is equipped for culinary enthusiats. Hosting is seamless with dedicated beverage stations featuring two built-in mini fridges and a built in beverage cooler to keep your collection at the ideal temperature. Tucked discreetly off the main prep space is an extraordinary walk-in scullery pantry featuring a custom coffee bar - plumbed with a direct, dedicated water line so you never have to manually refill a reservoir again. It's an elite detail designed to bring a tear to the eye of even the most discerning chef or espresso connoisseur. The main level also prioritizes accessibility and comfort with TWO primary suites featuring en suite baths. Transitioning outdoors, the main floor expands onto a massive back deck designed for three season indoor-outdoor living. This outdoor retreat is partially covered and has an automated retractable screen, anchored by a cozy stone gas fireplace, and served by a convenient, accessible half bath located right off the rear deck area. Always wanted a pool? The owner has amazing renditions of a previously planned pool design and placement available for viewing when you come see this stunning home in person! Ascending to the second level reveals an expansive entertaining loft complete with its own wet bar, featuring custom upscale cabinetry, a sink, microwave, and mini fridge/freezer to comfortably host guests without stepping foot downstairs. The loft opens directly onto an upper screened porch and sunning deck, catching the gentle coastal breezes and water views. Adjacent to the loft is a huge, finished flex space positioned above the garage, ready to serve as a 6th bedroom, game room, media center, gym, or executive home office. Three additional bedrooms and two full baths round out the second floor of this amazing home. No details were missed when this home was designed and built! Vehicle storage and utility are no problem courtesy of an oversized garage designed in a tandem layout that comfortably accommodates three large vehicles with room to spare for beach gear and yard equipment. Whether enjoying quiet mornings with a fresh brew, hosting guests across multiple entertainment zones, or exploring the surrounding coastal towns, this home offers an unmatched lifestyle of comfort, elegance, and resort-style living just minutes to the pristine beaches of Fenwick Island and Ocean City, dining, shopping, or a take in a concert at the nearby Freeman Stage. Please ask your agent for a full list of features this home offers. Too much to list here, but you will not be disappointed when you step inside this completely custom home. Schedule your private showing today!

Full Property Details for 38041 Water Walk Way

General

  • Price: $1,847,000
  • HOA FEE: $208/month
  • HOA FEE FREQ.: Annually
  • Taxes: $2,046 (2026)
  • Status: Under Contract
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2120730
  • Updated: 10/3/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Electric, Gas/Propane, Mantel(s), Stone, Heatilator
  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Instant Hot Water, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater, Water Dispenser, Water Heater - Tankless
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Upper Floor Baths: 2
  • Upper - Full Baths: 2
  • Main Floor Baths: 4
  • Main - Full Baths: 2
  • Main - 1/2 Baths: 2

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 3
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Has Laundry, Main Floor, Washer In Unit, Dryer In Unit

Additional Information

  • Shared Amenities: Club House, Common Grounds, Community Center, Gated Community, Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes
  • Security/Safety: Exterior Cameras

Exterior

  • Exterior Features: Exterior Lighting, Gutter System, Lawn Sprinkler
  • Porch/Patio/Deck: Deck(s), Screened, Porch(es)

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 7
  • Parking Features: Asphalt Driveway
  • Parking Type: Attached Garage, Driveway, On Street
  • Garage Description: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized

Location

  • Area: Baltimore Hundred (31001)
  • County: SUSSEX
  • Subdivision: FENWICK SHOALS
  • Driving Directions: rt 54 to left into Fenwick Shoals (behind Mio Fratellos restaurant) access gate, follow to stop sign, turn right onto Water Walk Way. last house on the left in cul-de-sac
  • Direction Faces: North
  • Location Details: Canal

School Information

  • School District: Indian River
  • Elementary School: Phillip C. Showell
  • Middle School: Selbyville
  • High School: Indian River

Community

  • Association: Yes
  • Assoc. Name: FENWICK SHOALS PROPERTY OWNERS ASSOCIATION
  • Assoc. Fees Include: Common Area Maintenance, Pool(s), Road Maintenance, Security Gate, Snow Removal

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Central
  • Water Heater: Instant Hot Water, Tankless

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Coastal, Transitional
  • Structure Type: Detached
  • Builder: Euro Homes
  • Model: Custom
  • Construction: Batts Insulation, Block, Blown-In Insulation, Combination, Frame, Stick Built
  • Foundation: Block
  • Roof: Architectural Shingle
  • Walls/Ceilings: 9'+ Ceilings, Dry Wall, Cathedral Ceilings
  • Windows: Casement, Energy Efficient, Insulated, Screens, Low-E
  • Doors: Double Entry, Sliding Glass, Insulated
  • Entry Floor Number: 1
  • Stories Description: Main, Upper 1
  • Square Feet: 4,360
  • Sq. Ft. Source: Estimated
  • Living Area: 4,360 Sq. Ft.
  • Finished Above Grnd: 4,360 Sq. Ft.
  • Year Built: 2024
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Property View: Canal, Trees/Woods, Water
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size Source: Assessor
  • Street/Road Desc.: Black Top, Paved
  • Zoning: RESIDENTIAL
  • Lot Description: Cul-de-sac, Fishing Available, Landscaping, Rear Yard, Tidal Wetland

Water Features

  • Water View: Yes
  • Water Front Type: Canal
  • Water Front Name: Roy Creek

Financial Considerations

  • Price Per Sq. Ft.: $423.62
  • Association Fee: $2,500
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2026
  • School Tax: $1,840
  • City/TownTax Freq: Annually
  • County Tax: $206
  • County Tax Freq: Annually
  • Tax w/Assessment: $961,300
  • Tax Amount: $2,046
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: furnishings negotiable

Listed by Berkshire Hathaway HomeServices PenFed Realty - OP, Amy L Coy

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 38041 Water Walk Way —

  • Amy L Coy

    Berkshire Hathaway HomeServices PenFed Realty - OP

Listing Office Email: oceanpines@penfedrealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38041 Water Walk Way

School District:Indian River School District
NameGradesDistance
Showell (Phillip C.) Elementary School
41 Bethany Road, Selbyville, DE 19975
PK-56.7 mi
Selbyville Middle School
80 Bethany Road, Selbyville, DE 19975
6-86.3 mi
Indian River High School, Dagsboro, DE
29772 Armory Road, Dagsboro, DE 19945
8-129.2 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 38041 Water Walk Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2026
Listed
$1,847,000
823.5%
MLS
7/30/2021
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38041 Water Walk Way

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,061
—
$7,500
—
2025
$2,056
557%
$7,500
—
2023
$313
2%
$7,500
—
2022
$308
4%
$7,500
—
2021
$295
3%
$7,500
—
2020
$286
3%
$7,500
—
2019
$277
-4%
$7,500
—
2018
$288
-1%
$7,500
—
2017
$290
13%
$7,500
—
2016
$256
-3%
$7,500
—
2015
$264
2%
$7,500
—
2014
$260
-1%
$7,500
—
2013
$263
—
$7,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 38041 Water Walk Way

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire Hathaway HomeServices PenFed Realty - OP, Amy L Coy

Similar Properties near 38041 Water Walk Way

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

27017 Bay Bluff Rd, Selbyville, DE 19975 - Photo 1
$1,825,000

27017 Bay Bluff Rd  Selbyville, DE 19975

  • Single Family
  • Active
  • 5
    Beds
  • 5
    Total Baths
  • 4,000
    Sq. Ft.
Listed by Jeremy Walsh (443) 219-7660
30561 North Magnolia Crossing, Selbyville, DE 19975 - Photo 1
$1,599,000

30561 North Magnolia Crossing  Selbyville, DE 19975

  • Single Family
  • Active
  • 4
    Beds
  • 4
    Total Baths
  • 3,975
    Sq. Ft.
Listed by Keller Williams Realty, Gail Mitkoff
11914 Back Creek Rd, Bishopville, MD 21813 - Photo 1
$1,699,000
Open House

11914 Back Creek Rd  Bishopville, MD 21813

  • Single Family
  • Active
  • 5
    Beds
  • 6
    Total Baths
  • 6,864
    Sq. Ft.
Listed by Foraker Realty Co., Julia Grace Burchett
31700 Holly Wood Ln, Frankford, DE 19945 - Photo 1
$1,745,000

31700 Holly Wood Ln  Frankford, DE 19945

  • Single Family
  • Active
  • 5
    Beds
  • 4
    Total Baths
  • 4,880
    Sq. Ft.
Listed by Bethany Area Realty Llc, ANN RASKAUSKAS

Just Listed near 38041 Water Walk Way

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10641 Piney Island Dr, Bishopville, MD 21813 - Photo 1 Just Listed
$669,900

10641 Piney Island Dr  Bishopville, MD 21813

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,676
    Sq. Ft.
Listed by Keller Williams Realty Delmarva, Amanda J. Sweigert
39033 Crows Nest Ln, Frankford, DE 19945 - Photo 1 Just Listed
$650,000

39033 Crows Nest Ln  Frankford, DE 19945

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,187
    Sq. Ft.
Listed by Joyce Henderson (410) 430-0084
32509 Emory Ct, Frankford, DE 19945 - Photo 1 Price Reduced
-$6,500 (-1.85%)
$344,990

32509 Emory Ct  Frankford, DE 19945

  • Townhouse
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,500
    Sq. Ft.
Listed by D.R. Horton Realty of Delaware, LLC, Conrad J Heilman III
37307 Carolina Dr, Frankford, DE 19945 - Photo 1 Just Listed
$275,000

37307 Carolina Dr  Frankford, DE 19945

  • Mobile Home
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,496
    Sq. Ft.
Listed by Compass, Paul A. Sicari

Price Reduced near 38041 Water Walk Way

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12353 Southhampton Dr, Bishopville, MD 21813 - Photo 1 Price Reduced
-$399,000 (-11.09%)
$3,200,000
Open House

12353 Southhampton Dr  Bishopville, MD 21813

  • Single Family
  • Active
  • Updated 5 days ago
  • 6
    Beds
  • 8
    Total Baths
  • 8,241
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices PenFed Realty, BETH EVANS and Berkshire Hathaway HomeServices PenFed Realty - OP, Gregory Erdie
32241 Norman Ln, Frankford, DE 19945 - Photo 1 Price Reduced
-$10,000 (-2%)
$489,900
Open House

32241 Norman Ln  Frankford, DE 19945

  • Townhouse
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,172
    Sq. Ft.
Listed by Madeleine Forrester (443) 235-9838
21420 Farmington Rd, Frankford, DE 19945 - Photo 1 Price Reduced
-$10,000 (-2.73%)
$356,490

21420 Farmington Rd  Frankford, DE 19945

  • Townhouse
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,911
    Sq. Ft.
Listed by D.R. Horton Realty of Delaware, LLC, Conrad J Heilman III
21424 Farmington Rd, Frankford, DE 19945 - Photo 1 Price Reduced
-$11,500 (-3.1%)
$359,990

21424 Farmington Rd  Frankford, DE 19945

  • Townhouse
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,535
    Sq. Ft.
Listed by D.R. Horton Realty of Delaware, LLC, Conrad J Heilman III

Recent Sales near 38041 Water Walk Way

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

37828 Cedar Rd, Selbyville, DE 19975 - Photo 1 Sold
$1,699,900

37828 Cedar Rd  Selbyville, DE 19975

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 3,487
    Sq. Ft.
Listed by Compass, Paul A. Sicari
Sold by Keller Williams Realty, John Minutoli
38417 Walnut Ln, Selbyville, DE 19975 - Photo 1 Sold
$1,595,000

38417 Walnut Ln  Selbyville, DE 19975

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,959
    Sq. Ft.
Listed and Sold by Keller Williams Realty, Nancye Vermillion
12292 N Hvn Dr, Selbyville, DE 19975 - Photo 1 Sold
$1,675,000

12292 N Hvn Dr  Selbyville, DE 19975

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 3,400
    Sq. Ft.
Listed and Sold by Monument Sotheby's International Realty, Kelly A Johnston
26320 Crosswinds Landing, Selbyville, DE 19975 - Photo 1 Sold
$1,795,000

26320 Crosswinds Landing  Selbyville, DE 19975

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 4,007
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., ASHLEY BROSNAHAN and Long & Foster Real Estate, Inc., Mikaela L Brosnahan
Sold by Northrop Realty, Creig E Northrop III

38041 Water Walk Way, Selbyville, DE 19975 (MLS# DESU2120730) is a Single Family property with 5 bedrooms, 4 full bathrooms and 2 partial bathrooms. 38041 Water Walk Way is currently listed for $1,847,000 and was received on October 02, 2026. Want to learn more about 38041 Water Walk Way? Do you have questions about finding other Single Family real estate for sale in Selbyville? You can browse all Selbyville real estate or contact a Coldwell Banker agent to request more information.

Tour this property