Waterfront Coastal Living in Ocean View DE
Wake up every day to life on the water in this beautifully located waterfront home in the highly desirable Indian River Bay area. Featuring 50 feet of bulkheaded canal frontage, you’ll have direct access to the bay for boating, kayaking and sunset cruising right from your backyard.
This spacious coastal retreat offers
3 bedrooms
3 full bathrooms
Oversized 2-car garage with additional storage
Private boat dock potential
The large balcony is perfect for outdoor dining and soaking up those peaceful waterfront views. With great renovation potential, this property is an incredible opportunity to create your dream home at the beach and elevate it with modern finishes.
Located close to Bethany Beach, top dining, golf courses and marinas, this neighborhood gives you the perfect blend of relaxation and convenience. Whether you are seeking a year-round residence, a luxury vacation home or a high-demand investment property, this home checks every box.
Property Features
Wide canal with direct access to Indian River Bay
50’ bulkheaded frontage for boats or jet skis
Spacious driveway for extra parking
Low-maintenance coastal living
Premium location in Ocean View DE
Address
38214 Martins Way
Ocean View DE 19970
List Price: $1,300,000
This is your chance to own waterfront paradise at the Delaware beaches. Contact for a private showing and imagine the lifestyle waiting for you.
For sale by owner
$1,300,000
38214 Martins Way, Ocean View, DE 19970
3beds
2,500sqft
Est.:
SingleFamily
Built in 1991
6,000 Square Feet Lot
$532,800 Zestimate®
$520/sqft
$471/mo HOA
Overview
- 20 hours |
- 83 |
- 1 |
Listed by:
Property Owner (302) 218-1577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None, Forced air
Cooling
- Central
Features
- Basement: Basement (not specified)
- Has fireplace: No
Interior area
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
Lot
- Size: 6,000 Square Feet
Details
- Parcel number: 13490024300
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Masonry
- Roof: Other
Condition
- New construction: No
- Year built: 1991
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $471 monthly
Location
- Region: Ocean View
Financial & listing details
- Price per square foot: $520/sqft
- Tax assessed value: $67,100
- Annual tax amount: $1,033
- Date on market: 12/18/2025
Estimated market value
$532,800
$474,000 - $591,000
$2,236/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Listed for sale | $1,300,000$520/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,033 -2.5% | $33,550 |
| 2023 | $1,059 +2.2% | $33,550 |
| 2022 | $1,037 -5.4% | $33,550 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,292/mo
Principal & interest
$5041
HOA Fees
$471
Other costs
$780
Climate risks
Neighborhood: 19970
Nearby schools
GreatSchools rating
- 7/10Lord Baltimore Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 9 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 7.1 mi
- Loading






