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40107 Owens Ct

FENWICK ISLAND, DE 19944
  • $3,900,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: DESU2001158
UPDATED: 54 min ago
$3,900,000
  • 7
    BEDS
  • 0.2
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $1,083
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1990
County:

School Ratings & Info

School District:

Description

This exquisite beach home gives new meaning to "ONE OF A KIND! It is located in an enclave of 6 very private estate homes that are all oceanfront and or ocean view. This home features 7 bedrooms and a private pool with a cabana house. The cabana house can also be used as a private small apartment; it includes a kitchen , full bath and sleeping area. There is no need to pay oceanfront pricing when you can be just steps to the ocean and enjoy both bay front sunsets and ocean front views. The premium placement of the home allows beautiful ocean views. The home offers a large dining area, gourmet kitchen, several addition eating areas and 3 decks to be away from it all and enjoy the soothing sounds of the ocean and warm sunsets of the bay. There is an inordinate amount of sleeping space and bedrooms...the home is a "cash cow"!!!! The 2021 rental income has exceeded $201,000; upcoming rentals for 2021 should exceed $220,000. It continues to increase as the rates increase and the demand exceeds a full Summer, both shoulder seasons, holiday weekends and almost everything in between. For any investment buyers, this is a great location, amazing return on your dollar and an opportunity to own a "ONE OF A KIND" beach home. Rentals are being booked for 2022 and are filling up...buy this house and immediately have cash flow...year round!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Realty | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-15T17:54:02.093.
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40107 Owens Ct FENWICK ISLAND, DE 19944

  • Price: $3,900,000
  • Status: Active
  • Updated: 54 min ago
  • ID#: DESU2001158
7
Beds
6
Baths
0
½ Baths
0.2
Acres
3,600
SQFT
$1,083
$/SQFT
1990
Built
Neighborhood:
Curves
County:
Sussex
Area:
Baltimore Hundred (31001)
School District:
Indian River
Property Description
This exquisite beach home gives new meaning to "ONE OF A KIND! It is located in an enclave of 6 very private estate homes that are all oceanfront and or ocean view. This home features 7 bedrooms and a private pool with a cabana house. The cabana house can also be used as a private small apartment; it includes a kitchen , full bath and sleeping area. There is no need to pay oceanfront pricing when you can be just steps to the ocean and enjoy both bay front sunsets and ocean front views. The premium placement of the home allows beautiful ocean views. The home offers a large dining area, gourmet kitchen, several addition eating areas and 3 decks to be away from it all and enjoy the soothing sounds of the ocean and warm sunsets of the bay. There is an inordinate amount of sleeping space and bedrooms...the home is a "cash cow"!!!! The 2021 rental income has exceeded $201,000; upcoming rentals for 2021 should exceed $220,000. It continues to increase as the rates increase and the demand exceeds a full Summer, both shoulder seasons, holiday weekends and almost everything in between. For any investment buyers, this is a great location, amazing return on your dollar and an opportunity to own a "ONE OF A KIND" beach home. Rentals are being booked for 2022 and are filling up...buy this house and immediately have cash flow...year round!
Exterior Features

Architectural Style Coastal Carport Spaces 2 Construction Materials Frame Direction Faces North Distance To Body Of Water 50 Door Features French Exterior Features Bbq GrillHot TubOutside Shower Garage YN No Location Type Oceanside Lot Features Premium Other Structures Above GradeBelow Grade Parking Features Paved Driveway Parking Types Attached CarportDriveway Pool Yes - Personal Pool Features Above GroundDomestic WaterFenced Property Condition Very Good Roof Architectural Shingle View BayOcean Water Access Features Private Access Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 3600 Appliances Built-In RangeDishwasherDisposalDryerOven - DoubleRefrigeratorWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Art Work Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileLuxury Vinyl Plank Furnished Yes Heating Forced Air Heating YN Yes Inclusions Furnishings Interior Features Breakfast AreaCombination Kitchen/DiningCombination Dining/LivingEntry Level BedroomFloor Plan - OpenKitchen - GourmetKitchen - IslandKitchen - Table SpaceUpgraded CountertopsWindow Treatments Laundry Type Main Floor Levels 3.5 Main Level Bedrooms 4 Pets Allowed No Pet Restrictions Spa YN No Upper Level1 Bedrooms 1

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2020 Association Fee 3000.00 Association Fee Frequency Annually Association Fee Includes Common Area MaintenanceSecurity GateTrash Association YN Yes Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN Yes Foundation Details Pilings Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Internet Services Cable Lease Considered YN No Navigable Water YN Y New Construction YN No Original MLSNumber 800807916388 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2483.00 Tax Lot 1 Total Actual Rent 220000.00 Vacation Rental YN Yes Water Source Public Window Features Sliding Zoning Res Zoning Description Residential

Listing courtesy of Ocean Atlantic Sotheby's International Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Realty | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-15T17:54:02.093.
 
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