This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
$1,350,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
Property Description & Video
38854 Point Drive, Selbyville, DEVideo Tour of 38854 Point Drive, Selbyville, DE.
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. Designed for both entertaining and everyday enjoyment, the open-concept floor plan features expansive living spaces filled with natural light, a well-appointed kitchen, 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 offer ample space for family and guests. Step outside 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 minutes from the beaches of Ocean City and Fenwick Island, this exceptional property combines tranquil waterfront living with easy access to 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. Check out the virtual tour - https://youtu.be/MVSee7NN0aw
Full Property Details
Full Property Details for 38854 Point Dr
General
- Price: $1,350,000
- HOA FEE: $345/month
- Taxes: $2,371 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2113506
- Updated: 6/12/2026
- Added to Site: 2 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
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Some Artwork
- Inclusions: Furniture
Listed by Douglas Realty LLC, David Ramsdell
Get Pre-Approved Today
Schools
Schools serving 38854 Point Dr
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Showell (Phillip C.) Elementary School 41 Bethany Road, Selbyville, DE 19975 | PK-5 | 7.4 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 7.1 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 9.6 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
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.
Tax History
Tax History for 38854 Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,373
51%
100%
2023
$1,569
2%
100%
2022
$1,543
3%
100%
2021
$1,497
5%
100%
2020
$1,431
-1%
-100%
2019
$1,449
—
$38,000
1%
2018
$1,453
—
$37,750
—
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
Estimate the Cost for 38854 Point Dr
38854 Point Drive, Selbyville, DE 19975 (MLS# DESU2113506) is a Condo property with 5 bedrooms and 4 full bathrooms. 38854 Point Drive is currently listed for $1,350,000 and was received on June 12, 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.

