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FENWICK ISLAND Real Estate
Ocean Front Property For Sale


40107 OWENS CT
FENWICK ISLAND Delaware
Ocean Front

Ocean Front
7 Bedrooms, 6 Bathrooms

Price: $3,900,000.00

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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Bedrooms: 7
Full Baths: 6
Half Baths: 0
Waterfront: Ocean Front
Waterview: Bay,Ocean View
Lot Dimensions: 102.00 x 87.00
Acreage: 0.20
Dwelling Sq Ft: 0.00
Dock:
Garage: Attached Carport,Driveway
Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank
Heating: Forced Air
Cooling: Central A/C


Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Oven - Double, Refrigerator, Washer, Water Heater
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
Exterior Features: BBQ Grill, Hot Tub, Outside Shower
HOA/Condo Ammenities:
County Taxes: $294
City Taxes: $0
Water Fee: $0
Sewer Fee:
$0
Association Fee: $3,000
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Courtesy of: Ocean Atlantic Sotheby's International Realty
Listing Status: Active



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All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031

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