Just steps from the Indian River Bay and the VFW, this fully renovated 1950s beach cottage in Ocean View offers a rare blend of vintage charm, thoughtful modern upgrades, income potential, and future development opportunity with a second buildable lot. From the moment you arrive, the character of this home is evident, surrounded by lush landscaping, mature greenery, and a variety of fruit trees that create a peaceful, private coastal retreat. The main house is filled with warmth and personality, featuring hardwood floors, exposed beams, and rich wood paneling that honor its original character, while key updates provide comfort and functionality. The inviting living space is anchored by a brick accented fireplace with a wood burning stove, perfect for cozy evenings year round. Renovated bathrooms, updated wiring throughout, beautiful tile flooring, ceiling fans in every bedroom, and central AC ensure the home lives as comfortably as it looks. The eat in kitchen is both charming and functional, complete with a Viking range and ample space to gather. As an added bonus, you will even enjoy a slight bay peek through the kitchen window while doing dishes, a subtle reminder of just how close you are to the water. Adding to the property's versatility is the detached 2 car garage, which has been thoughtfully converted into a successful Airbnb suite known as the Surf Shack. This private guest space includes a bedroom, full bath, mini split system, and new roof, and has consistently generated $18,000 to $25,000 annually, making it ideal for supplemental income, guest accommodations, or a private retreat. The outdoor setting is equally impressive. The 20 by 40 ft in ground pool is perfectly positioned on the second buildable lot, offering endless potential, whether you envision building an additional home, expanding outdoor living space, or simply enjoying the extra privacy and flexibility of owning nearly 3 tenths of an acre in this desirable location. With close proximity to the Indian River Bay, local favorites, and just minutes to Bethany Beach, this property truly offers the best of coastal living, whether you are searching for a primary residence, vacation getaway, or investment opportunity. Opportunities like this are few and far between. Do not miss your chance to own a unique piece of Delaware beach history with room to grow.

    Source: BRIGHT MLS, MLS#: DESU2106310

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    • Property Type
      Residential
    • Lot
      0.69 acres

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    • Median Age
      61
    • Population Density
      673
    • College Educated
      52%
    • Estimated Median Income
      $69,502
    • Estimated Total Home Owners
      3,514
    • Estimated Total Renters
      413
    • Owner / Renter Divide
      89% / 11%
    • Estimated Average Household Size
      2
    • Total Population
      8,770
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

    $
    $ %
    %
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 38706 RIVER ROAD


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Keller Williams Realty- MLS# DESU2106310MLS ProviderContact Information: [email protected] - 3023600300

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