This stunning Bayfront townhome, #7 Waters Edge is ideally situated to take full advantage of views of both Bay and Ocean. Enjoy watching the sunrise over the ocean & unobstructed views of the sunset! This Beautifully upgraded 4 bedroom 3 1/2 bath home has had several notable upgrades in the past few years including all new interior paint, fully remodeled kitchen, all new carpet in the bedrooms, and Luxury vinyl plank flooring in the entire great room. The remodeled eat-in kitchen features custom shiplap millwork, live edge wood shelves, white shaker style cabinets, a large farm sink, beverage fridge, quartz countertops, and stainless steel appliances. In addition to an island with seating, there are also custom built in benches with storage and table in the breakfast area. The main living level is designed to maximize the spectacular scenery, featuring an impressive great room that opens to a spacious waterfront sun deck. The upper level is dedicated to a luxurious Bayfront primary suite complete with a private office or sitting area, spa-inspired bath, and private balcony with sweeping water views. The lower level offers an additional primary suite with private bath, plus two waterfront guest bedrooms with direct access to a large screened porch overlooking the bay, as well as an additional full bath. The biggest bonus for this home are the high end furnishings that will convey with the home, you could say that it is turn key! The ground level features covered parking for two vehicles, 2 storage rooms, and a convenient outdoor shower perfect for rinsing off after a day at the beach. * Both HVAC units have beed recently replaced * Located just steps from the beach in a desirable waterfront community featuring a private pier ideal for kayaking, crabbing, and enjoying the coastal lifestyle. HOA fee includes flood insurance, providing peace of mind for waterfront ownership. Schedule your private showing today!
TownhomeProperty Type
2001Year Built
$470Price/Sq.Ft.
$1,033/moHOA Dues
2 spacesParking
Listed by Kim Lucido-McCabe• Keller Williams Realty Delmarva
Median list price in this area is $459,900. (65% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Dining
Interior features
Furnished
Open floor plan
Combination dining and living area
Breakfast area
Dining area
Built-ins
Ceiling fans
Recessed lighting
Window treatments
One fireplace
Bedrooms
4 bedrooms: 3 on the lower level and 1 on the upper level
Bathrooms
3 full bathrooms and 1 half bathroom: 2 full bathrooms on the lower level, 1 full bathroom on the upper level, and 1 half bathroom on the main level
Jetted tub
Walk-in shower
Tub and shower
Walk-in closet
Kitchen
Country-style kitchen
Gourmet kitchen
Kitchen island
Upgraded countertops
Built-in microwave
Dishwasher
Disposal
Exhaust fan
Extra refrigerator/freezer
Self-cleaning oven
Single oven
Electric range
Refrigerator
Stainless steel appliances
Laundry & utility
Washer
Electric dryer
Electric water heater
Flooring
Carpet
Luxury vinyl plank
Tile/brick
Heating & cooling
Electric heat pump
Central air conditioning
Exterior features
Bayfront location with a water view
20 feet of tidal bay frontage
Navigable water
Water access for fishing and canoeing or kayaking
Private dock site
Exterior lighting
Gutter system
Outdoor shower
Secure storage
Above-grade and below-grade structures
Home design
Interior townhouse/rowhouse
Parking
Attached 2-space carport
Driveway with 2 spaces
2 assigned spaces
Crushed stone and paved parking
Construction
Frame, stick-built construction
Shingle and vinyl siding
Pilings foundation
Architectural shingle roof
Utilities
Public water
Public sewer
HOA & community
Quarterly condo fee of $3,100
Professionally managed off-site
Fee includes common area and exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, reserve funds, and road maintenance
Pier/dock amenity
Dogs and cats allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Beautifully upgraded 4 bedroom 3 1/2 bath home featuring stunning Bay and Ocean views located in Fenwick Island, DE. The current owners have made several notable upgrades in the past two years including all new interior paint, fully remodeled kitchen, all new carpet in the bedrooms, and vinyl plank flooring in the entire great room. The remodeled eat-in kitchen features custom shiplap millwork, live edge wood shelves, white shaker style cabinets, a large farm sink, quartz countertops, and stainless steel appliances. In addition to an island with seating, there are also custom built in benches with storage for when friends and family are visiting. Water views of the Ocean and Bay are prevalent from almost every room in this home. The first floor has two guest bedrooms located directly on the bay that both access an oversized deck. An additional bedroom with attached bathroom is also located on this level. Moving to the second floor you will note the high ceilings offering an open modern feel as well as the large deck off of the living room that was recently replaced with maintenance free materials. The oversized primary bedroom and bathroom are located on the third floor. The balcony off of the primary bedroom is the perfect spot to enjoy a cup of coffee in the morning and take in the scenery. There is a den on the third floor as well that could also be used as an additional sleeping area. Additional features on the ground level include an outdoor shower for when you return from the beach as well as convenient additional storage for all of your beach items. A long carport is also a benefit of this home and two additional parking spaces are located directly outside of the carport. Community amenities include a walking pier, the perfect spot to enjoy the everchanging sunsets. Schedule your private showing today!
Year
Property tax
Land + Additions
Assessment*
2026
$2,355 (−0.4%)
$82,850 + $469,950
$552,800
2025
$2,364 (+26.2%)
$82,850 + $469,950
$552,800
2024
$1,873 (+0.1%)
$82,850 + $469,950
$552,800
2023
$1,871 (+1.6%)
$8,800 + $36,450
$45,250
2022
$1,841 (+3.1%)
$8,800 + $36,450
$45,250
2021
$1,786 (+4.7%)
$8,800 + $36,450
$45,250
2020
$1,705 (+0.4%)
$8,800 + $36,450
$45,250
2019
$1,698 (−1.0%)
$8,800 + $36,450
$45,250
2018
$1,714 (−0.8%)
$8,800 + $36,450
$45,250
2017
$1,728 (+13.5%)
$8,800 + $36,450
$45,250
2016
$1,523 (−1.5%)
$8,800 + $36,450
$45,250
2014
$1,546
$8,800 + $36,450
$45,250
Public record
Public record
Zoning
Beds
—
Baths
5
Stories
3
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
960
Unfinished Sq. Ft.
—
Total Sq. Ft.
960
Year built
2001
Style
Condo/Co-op
County
Sussex County
APN
134-22.00-2.00-7
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
MR
Medium-Density Residential
The purpose of this district is to provide for medium-density residential development in areas which are or which are expected to become generally urban in character, but where sanitary sewers and public water supplies may or may not be available at the time of construction, together with such churches, recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. The district is located to protect existing development of this character and contains vacant land considered appropriate for such development in the future.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Religious facility
Housing-Single unit
Golf related
Park & open space
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
6 days above 100° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fenwick Island, DE • 19944
Average low and high temperatures (°F)
40
27
44
30
56
41
63
49
69
57
80
67
83
72
77
67
74
65
68
53
59
44
47
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Fenwick Island. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 40004 Pelican Rd #7
There isn’t enough information to generate an accurate estimate at this time. Learn More
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Rental earnings
Est. $2,492 per month, based on comparable rentals
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