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$1,300,000

  • Sold
  • Closed
  • Condo
  • 5 Beds
  • 4 Full Baths
  • 3,500 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Experience coastal living at its finest in this stunning fully furnished 5-bedroom, 4-bath waterfront retreat on the shores of Little Assawoman Bay within the manicured community of The Overlook. Perfectly positioned to capture panoramic bay views and unforgettable sunrises, this spacious home offers the ideal blend of luxury and comfort on an end lot facing the bay with a large side yard and long driveway. Designed for both entertaining and everyday enjoyment with whole house in ceiling sound system, the open-concept floor plan features expansive living spaces filled with natural light from the larger added windows when built, a well-appointed kitchen with large center island, and multiple gathering areas that seamlessly connect to outdoor decks overlooking the water. The generous primary suite provides a private waterfront sanctuary, while four additional bedrooms with a second primary offer ample space for family and guests. Both primaries offer recently added custom built in closets to stay organized. Step outside through one of four sliders to enjoy multiple levels of outdoor living, where sweeping bay vistas create a spectacular backdrop for morning coffee, evening cocktails, and waterfront entertaining. Dip your toes in the bay at the community beach or expansive pool at the waterfront community clubhouse with fully equipped gym, great room, and tiki bar by the pool. Be prepared for water activities with kayak racks, kayak launch and boat slips available for rent. Located just 4 miles from the beaches of Ocean City and Fenwick Island, this exceptional property combines tranquil waterfront living with easy access to Freeman Arts Pavilion, dining, shopping, golf, and coastal attractions. Whether you're seeking a year-round residence, or vacation getaway, this rare bayfront offering delivers the best of coastal living on Little Assawoman Bay.

Full Property Details for 38854 Point Dr

General

  • Sold For: $1,300,000
  • HOA FEE: $345/month
  • Taxes: $2,371 (2025)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2113506
  • Added to Site: 57 day(s) ago

Interior

  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Floor Baths: 3
  • Upper - Full Baths: 3
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 4
  • Bedrooms Main & Up: 1

Additional Information

  • Shared Amenities: Beach, Club House, Common Grounds, Fitness Center, Lake, Party Room, Pier/Dock, Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Attached Garage, Driveway
  • Garage Description: Additional Storage Area

Location

  • Area: Baltimore Hundred (31001)
  • County: SUSSEX
  • Subdivision: THE OVERLOOK
  • Driving Directions: Rt. 54 to Bayville Rd. follow to The Overlook.

School Information

  • School District: Indian River

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Fiber Optics at Dwelling, Lawn Maintenance
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s), Dehumidifier
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Gas BackUp
  • Heating Fuel: Propane - Metered, Electric
  • Water Heater: Propane

Utilities

  • Sewer: Private Sewer
  • Water: Private
  • Utility Description: Cable TV, Propane - Community

Structural Information

  • Architectural Style: Coastal
  • Structure Type: Detached
  • Construction: HardiPlank Type, Stick Built
  • Foundation: Pilings
  • Stories Description: Main, Upper 1
  • Square Feet: 3,500
  • Sq. Ft. Source: Assessor
  • Living Area: 3,500 Sq. Ft.
  • Finished Above Grnd: 3,500 Sq. Ft.
  • Year Built: 2018
  • Year Built Source: Estimated

Lot Features

  • Zoning: RS

Water Features

  • Water Front: Yes
  • Water Front Type: Bay
  • Water Front Name: Little Assawomen Bay

Financial Considerations

  • Price Per Sq. Ft.: $385.71
  • Association Fee: $345
  • Assoc Fee Freq.: Monthly
  • Condo Fee Freq: Monthly
  • Assessment Year: 2025
  • School Tax: $2,134
  • County Tax: $238
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,110,200
  • Tax Amount: $2,371
  • Tax Year: 2025
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: Some Artwork
  • Inclusions: Furniture

Listed by Douglas Realty LLC, David Ramsdell
Sold by Engel & Volkers Ocean City, Kevin Heselbach

Listing agent

— 38854 Point Dr —

  • David Ramsdell

    Douglas Realty LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38854 Point Dr

School District:Indian River School District
NameGradesDistance
Showell (Phillip C.) Elementary School
41 Bethany Road, Selbyville, DE 19975
PK-57.4 mi
Selbyville Middle School
80 Bethany Road, Selbyville, DE 19975
6-87.1 mi
Indian River High School, Dagsboro, DE
29772 Armory Road, Dagsboro, DE 19945
8-129.6 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 38854 Point Dr

Date
Details
Price
Change
Source
7/20/2026
Sold
$1,300,000
-3.7%
MLS
6/12/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Douglas Realty LLC, David Ramsdell
Sold by Engel & Volkers Ocean City, Kevin Heselbach

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38854 Point Drive, Selbyville, DE 19975 (MLS# DESU2113506) is a Condo property that was sold at $1,300,000 on July 20, 2026. Want to learn more about 38854 Point Drive? Do you have questions about finding other Condo real estate for sale in Selbyville? You can browse all Selbyville real estate or contact a Coldwell Banker agent to request more information.