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38515 Ketch Dr, Selbyville, DE, 19975

4beds
3baths
1,700sqft
$429,500
$253price/sqft
$2,673/moest. monthly cost
$106,920/yrincome needed

About This Home

Why wait for new construction when you can move right into this upgraded, like-new house in Schooner Landing? Built in 2024, this home offers modern comfort just minutes from Fenwick Island and Bethany Beach. Step inside to find a welcoming entryway leading to an open floor plan with durable LVP flooring throughout the main level. The family room centers around a custom electric fireplace with built-in storage, and the kitchen features a large granite island, stainless steel appliances, upgraded hardware, and touch faucet. A coffee bar and drop zone sit conveniently near the garage, and the pantry provides extra storage. The primary suite upstairs includes a walk-in closet with shelving and a bath with custom built-ins. There are three additional bedrooms and a laundry room with shelves. Extra storage can be found in the pull-down attic or the secondary storage room. The finished two-car garage offers custom shelving, and the backyard is fully fenced with a double gate. A concrete patio is ready for summer gatherings, while upgrades such as a tankless water heater and crown molding make this home truly stand out. Don’t miss this rare opportunity to make this move-in ready home your own! The community offers the rare and highly coveted perk of an on-site storage lot specifically for boats, RVs, and trailers. Amenities also include a community pool.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
Selbyville Middle SchoolGrades 6-80.5 mi
6/10
Indian River High SchoolGrades 9-126.0 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: Concrete,CPVC/PVC,Frame,Vinyl Siding,Stick Built

Other

  • Builder model: Princeton
  • Builder name: Lennar

Type & Style

  • Home type: SingleFamily
  • Architectural style: Coastal
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Oven/Range - Electric,Stainless Steel Appliance(s),Washer,Tankless Water Heater,Gas Water Heater
  • Laundry features: Upper Level

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,700

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,700
  • Total interior livable area: 1,700 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 53317.00878.00
  • Zoning: TN
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Winter Weather
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,171$26,052
Home Insurance *$141$1,692
Property Taxes $110$1,320
Electricity $251$3,021
Total$2,673$32,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,645/yr
40% on housing$80,190/yr
45% on housing$71,280/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 19975$223
Sussex County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 19975
Sussex County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$444,900
2024-02-29Sold$370,000
2024-02-12Pending sale$349,990
2024-01-23Price change$349,990
2023-12-05Listed for sale$369,990

For Sale by Agent

AgentRich Meadows
BrokerageCompass

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