40107 Owens Ct, Fenwick Island

MLS#: Desu2001158
List Price: $3,900,000
Bed: 7
Bath: 6
Standard Status: Active
Waterfront: N

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!

Essentials

MLS#: Desu2001158
List Price: $3,900,000
Bed: 7
Bath: 6
Standard Status: Active
Waterfront: N

Location

Address: 40107 Owens Ct, Fenwick Island, DE
Subdivision Name: Curves
Lot Features: Premium

Interior

Heating: Forced Air
Heating Fuel: Electric
Cooling: Central A/c
Hot Water: Electric
Fireplace: N
Flooring: Carpet, ceramic Tile, luxury Vinyl Plank
Interior Features: Breakfast Area, combination Kitchen/dining, combination Dining/living, entry Level Bedroom, floor Plan - Open, kitchen - Gourmet, kitchen - Island, kitchen - Table Space, upgraded Countertops, window Treatments

Interior Features

  • Breakfast Area
  • Combination Kitchen/Dining
  • Combination Dining/Living
  • Entry Level Bedroom
  • Floor Plan - Open
  • Kitchen - Gourmet
  • Kitchen - Island
  • Kitchen - Table Space
  • Upgraded Countertops
  • Window Treatments

Appliances

  • Built-In Range
  • Dishwasher
  • Disposal
  • Dryer
  • Oven - Double
  • Refrigerator
  • Washer
  • Water Heater

Additional Information

Square Footage: 3600
Acres: 0.20
Year Built: 1990
New Construction: N
Property Type: Residential
County: Sussex
Lot Size Dimensions: 102.00 X 87.00
SchoolDistrictName: Indian River
Sussex DE Quadrants: East Of Rt 1