Listing Courtesy of: DAVID WALLACE - BAY COAST REALTY 302-227-8146
For Sale

38524 Ketch Drive Selbyville, DE 19975

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Residential Residence
3 Beds
2 Baths
1,420 Sq. Ft.
0.25 Acre Lot

Property Activity

Time on Site
48 days
Days on Market
Views
13
Saves
0
Last updated on 3/10/2025 11:37 PM
Schooner Landing is a newly developed community of single-family homes, ideally situated in the charming suburb of Selbyville, DE. This serene neighborhood offers convenient access to the popular coastal destinations of Fenwick Island (just 10 minutes away), Bethany Beach (15 minutes), and Ocean Cit...y (20 minutes). The home, nearly brand new, comes with transferable warranties for added peace of mind. This Hanover Model offers a thoughtfully designed residence of both comfort and style, making it an ideal choice for those seeking to start their beach home experience. The lot is one of the biggest lots in the community with no neighbors to the rear of the property. HOA/ARC has approved a fully vinyl fence to enclose the garbage cans. Upon entering this gently used home you will notice the upgrades that set this home apart from the new base price models still being built. You will notice the elegant flooring that flows seamlessly throughout the main living areas, with the exception of the bedrooms. To the right of the entrance, you’ll find two generously sized bedrooms and a full bath with a walk-in shower. The foyer leads into an expansive open-concept living area that integrates the living room, dining room, and kitchen—the heart of the home. A well-appointed laundry room is conveniently tucked to the left off the foyer. The natural gas Rinnai tankless water heater is in a closet in the foyer as well. The kitchen is a chef’s dream, featuring stainless steel appliances, granite countertops, and an island with a built-in sink. Top-of-the-line appliances, including a refrigerator, stove, dishwasher, and microwave, are complemented by a water filtration system under the sink that removes caffeine and chlorine from drinking water. Recessed lighting enhances both the kitchen and the adjacent dining area, which is positioned next to sliding glass doors that open to the spacious, fenced-in backyard. The living room, designed with built-in speakers in the walls and ceiling, is further enhanced by a modern ceiling fan. The open layout creates a seamless flow between the living, dining, and kitchen areas, making this space perfect for entertaining. The windows accenting this full sunlight area, and actually all other windows in the house have been encapsulated with wood in the windowsills rather than drywall. The master suite, located just off the living room, is carpeted for added comfort. The en-suite master bath mirrors the flooring of the main living areas and offers a double vanity and a sliding glass door walk-in shower. The two-car garage is well-equipped with built-in shelving, offering plenty of storage space for seasonal items or long-term storage needs. The expansive backyard is fully fenced at an expense of 10k that is 12-18" off the property line. There is also a 5k upgraded (14'x28') patio ideal for outdoor entertaining. This is not a waterfront property but there is a view of the pond from the backyard. Schooner Landing offers additional community amenities such as a swimming pool and designated RV/camper parking (with registration required for vehicle parking). Please note that there is a $750 capital contribution fee due at closing to the HOA. Warranties for the home include: 1-year door-to-door warranty through 2/15/2025 (a touch-up service with the builder is scheduled) 2-year mechanical warranty through 2/15/2026 10-year structural warranty through 2/15/2034 This home offers an excellent opportunity for those seeking a balance of peaceful suburban living with easy access to nearby beach destinations. Additionally, all furniture in the home is available for purchase and negotiable, making it a potential turnkey property. A detailed list of the furniture and the prices paid for each item can be found in the document section. For added versatility, the community allows both long-term and short-term rentals, providing flexibility for homeowners who may wish to generate rental income. Continue reading
MLS#
DESU2077580
Property Type
Residential
Bedrooms
3
Bathrooms
2 Full
Year Built
2023
Square Feet
1,420 sq. ft
Price per Sq. Ft.
$288.73
Lot Size
0.25
Stories
1.0
Sewer
Sewer Available, Public Sewer

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Tax History for 38524 Ketch Dr

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Year Property Taxes Change Tax Assessment Change
2024$5,346
-
-$536,000
+9.48%
+9.48%
2023$5,346
+5.97%
+5.97%$489,600
+1.4%
+1.4%
2022$5,045
+9.08%
+9.08%$482,833
+1.42%
+1.42%
2021$4,625
-
-$476,067
+1.44%
+1.44%
2020$4,625
-
-$469,300
+1.42%
+1.42%
2019$4,625
+1651.89%
+1651.89%$462,733
+1.44%
+1.44%
2018$264
-
-$456,167
+1.46%
+1.46%
2017$264
$449,600
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 38524 Ketch Dr

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Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
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The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 38524 Ketch Dr

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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Orange marker 90 Denow Rd, Lawrence Township, NJ 08648 0 0 2,408 90 Denow Rd, Lawrence Township, NJ 08648
0 Bd | 0 Ba | 2,408 Sqft | $297/Sqft
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
numbered circular icon #15 Pembroke Court, Lawrenceville, NJ 8648----$565,00010/30/2024332,203$256/Sqft5 Pembroke Court, Lawrenceville, NJ 8648
3 Bd | 3 Ba | 2,203 Sqft | $256/Sqft
$565,000
Sold: 10/30/2024
numbered circular icon #23 Wexford Drive, Lawrenceville, NJ 8648----$586,5004/4/2024432,338$251/Sqft3 Wexford Drive, Lawrenceville, NJ 8648
4 Bd | 3 Ba | 2,338 Sqft | $251/Sqft
$586,500
Sold: 4/4/2024
numbered circular icon #34 Little Circle, Lawrence Township, NJ 8648----$580,0005/29/2024430N/A4 Little Circle, Lawrence Township, NJ 8648
4 Bd | 3 Ba | 0 Sqft | N/A
$580,000
Sold: 5/29/2024
numbered circular icon #41 Bromley Court, Lawrenceville, NJ 8648----$870,0002/24/2025432,728$319/Sqft1 Bromley Court, Lawrenceville, NJ 8648
4 Bd | 3 Ba | 2,728 Sqft | $319/Sqft
$870,000
Sold: 2/24/2025
numbered circular icon #584 Traditions Way, Lawrence Township, NJ 8648----$400,0002/14/2025220N/A84 Traditions Way, Lawrence Township, NJ 8648
2 Bd | 2 Ba | 0 Sqft | N/A
$400,000
Sold: 2/14/2025
numbered circular icon #654 Rockland Road, Ewing, NJ 8638----$415,00010/24/2024422,404$173/Sqft54 Rockland Road, Ewing, NJ 8638
4 Bd | 2 Ba | 2,404 Sqft | $173/Sqft
$415,000
Sold: 10/24/2024
numbered circular icon #78 Trafalgar Court, Lawrenceville, NJ 8648----$410,0006/7/2023342,130$192/Sqft8 Trafalgar Court, Lawrenceville, NJ 8648
3 Bd | 4 Ba | 2,130 Sqft | $192/Sqft
$410,000
Sold: 6/7/2023
numbered circular icon #810 Stonerise, Lawrenceville, NJ 8648----$474,90011/22/2024231,642$289/Sqft10 Stonerise, Lawrenceville, NJ 8648
2 Bd | 3 Ba | 1,642 Sqft | $289/Sqft
$474,900
Sold: 11/22/2024
numbered circular icon #9183 Spring Beauty Drive, Lawrence, NJ 8648----$600,00011/22/2024432,618$229/Sqft183 Spring Beauty Drive, Lawrence, NJ 8648
4 Bd | 3 Ba | 2,618 Sqft | $229/Sqft
$600,000
Sold: 11/22/2024
numbered circular icon #10119 Federal City Road, Lawrenceville, NJ 8648----$750,00011/15/2024532,700$278/Sqft119 Federal City Road, Lawrenceville, NJ 8648
5 Bd | 3 Ba | 2,700 Sqft | $278/Sqft
$750,000
Sold: 11/15/2024
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
invisible placeholder imageMedian Comparables$572,50011/7/2024432,271$240/Sqft
Median Comparables
4 Bd | 3 Ba | 2,271 Sqft | $240/Sqft
$572,500
Sold: 11/7/2024
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 38524 Ketch Dr

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Public Schools

Rating School Name Grades Distance
Lawrence High School 9-12 1.82 mi
No records found.

Private Schools

Rating School Name Grades Distance
No records found.
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Data provided by GreatSchools.org © 2025. All rights reserved.

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population N/A N/A 9.23M 329.73M
Population Density N/A N/A 1,255 93
People per Household N/A N/A 2.7 2.6
Median Age N/A N/A 40.0 38.4
Median Household Income N/A N/A $89,703 $69,021
Average Income N/A N/A $46,691 $37,638

Economy

Zip City County National
Unemployment 2.60 % 4.40 % 2.60 % 3.20 %
Recent Job Growth 3.48 % 3.48 % 3.48 % 1.40 %
Future Job Growth 46.78 % 44.10 % 46.78 % 42.20 %
Sales Tax 6.63 % 6.63 % 6.63 % 7.02 %
Income Tax 5.53 % 5.53 % 5.53 % 22.00 %
Cost of Living Index 117 83 112 100

Environment

Zip City County National
Altitude 222 2443
Rainfall (inches annually) N/A N/A 47.6 38.1
Snowfall (inches annually) N/A N/A 22.6 27.8
January Avg. Low Temp N/A N/A 22.1 21.7
July Avg. High Temp N/A N/A 85.1 85.8
Days of Precipitation Annually 117 106
Days Mostly Sunny Annually 206 205
Comfort Index (during hot weather) 7 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 19975

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 19975

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 3/1/2025.

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