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38082 Mallard Lakes, Selbyville, DE, 19975

2beds
2baths
1,200sqft
$345,000
$288price/sqft
$2,225/moest. monthly cost
$89,000/yrincome needed

About This Home

Welcome to Mallard Lakes Community, off Route 54, across the street from the good old Smitty McGee's now known as Fins. Wonderful place for a ocean getaways, home or rental investment. Interested parties contact me at 410-493-6421

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

7/10
Selbyville Middle SchoolGrades 6-86.8 mi
6/10
Indian River High SchoolGrades 9-129.4 mi

Construction

Condition

  • Year built: 1988

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Laminate
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat pump,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,200 sqft

Property

Features

  • Exterior features: Other,Wood products
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Parking

  • Total spaces: 1
  • Parking features: Off-street,On-street

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

  • Coastal Flooding
    Coastal FloodingVery High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Hurricane
Winter Weather
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 $1,744$20,928
Home Insurance *$141$1,692
Property Taxes $89$1,068
Electricity $251$3,021
Total$2,225$26,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,285/yr
40% on housing$66,750/yr
45% on housing$59,333/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

$288This listing

vs Other Active Listings

Avg $/sqft

ZIP 19975$224
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)

No zestimate history available

Price History

DateEventPrice
2026-05-11Listed for sale$349,900

For Sale by Owner

AgentProperty Owner

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