- 3 beds
- 2 baths
- – sqft
- 4,356 sqft lot
- 1992 build
If you're looking for the ultimate opportunity for coastal waterfront living with stunning bay views, proximity to the beach, space to entertain friends and family, and a spot for your boat or personal watercraft, then welcome to 38861 Grant Avenue. This home is situated on quite possibly the best available lot in the community offering open bay views, magnificent sunrise and sunset views, yet protection from heavy winds. Located in the desirable Cape Windsor community, this waterfront beach home sits on the end of a deep canal perfectly positioned for immediate access to the Assawoman Bay and easy boat access to all the entertainment opportunities in Ocean City, and only a minutes’ drive to the pristine Delaware and Maryland beaches. The house on the lot is being sold AS-IS. The home can be fixed up for immediate occupancy, renovated, or replaced with a stunning new structure to create your dream home and instant equity. The home features 3 bedrooms, 2 full bathrooms and a large indoor storage area. The kitchen and living space are open concept with views of the canal and bay. The full-size deck allows everyone to enjoy the outdoors. Whether you're sipping your morning coffee, enjoying dinner with friends and family, or simply taking in the beautiful and calming daily sunrises and sunsets. The lot has 50 feet of bulkhead to place your boat or personal watercraft. The concrete driveway provides two parking spaces. Entertainment amenities are only minutes away. Shopping, golf, mini golf, ice cream, nightly entertainment, live performances at the Freeman Stage, and some of the most amazing restaurants on the East Coast. It’s all right here. Come enjoy all the best that the coastal area has to offer!
Last checked:
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Last updated Jul 8, 2025
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MLS# DESU2088112 —
Upcoming Open Houses
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Saturday, 7/12
2pm-4pm
The Building
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Year Built:1992
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Year Built Source:Estimated
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Modular/Manufactured, Vinyl Siding
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Building Name:None Available
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Structure Type:Manufactured
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Architectural Style:Modular/Pre-Fabricated, Ranch/Rambler
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Levels:1
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Main Entrance:South
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Flooring Type:Carpet, Tile/Brick, Vinyl
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Fireplace - Glass Doors, Gas/Propane
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA, FHA 203(k)
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Possession:Settlement
Location
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Directions:From DE Rt 1 head West on Rt. 54, Turn left at Cape Windsor community stop light, Right onto Lincoln and then left on Grant Ave. Home is at the end of street on left.
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Latitude:38.45250628
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Longitude:-75.07365507
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Location Type:Bayfront
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 90.00
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Lot Dimensions Source:Assessor
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Lot Features:Bulkheaded, No Thru Street
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Lot SqFt:4,356 Sqft
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Federal Flood Zone:AE
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Zoning:AR-1
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View:Canal, Water, Bay
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In City Limits:No
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Outdoor Living Structures:Deck(s)
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Other Structures:Above Grade, Below Grade
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Waterview:Yes
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Waterfront:Yes
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Waterfront Features:Private Dock Site
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Water Oriented:Yes
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Water Access:Yes
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Water Access Features:Boat - Powered, Canoe/Kayak
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Water Body Name:Assawoman Bay
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Water Body Type:Bay
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Navigable Water:Yes
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Water Frontage In Feet:50
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Tidal Water:Yes
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Land Use Code:999
Listing Agent
- Contact info:
- Agent phone:
- (443) 783-3408
- Office phone:
- (410) 749-1818
Taxes
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Tax ID Number:533-20.18-49.00
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Tax Year:2024
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Tax Annual Amount:$753
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Year Assessed:2024
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School Tax:672.0
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County Tax:72.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Bedrooms Main Level:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
Heating & Cooling
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Cooling Type:Heat Pump(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Community
Appliances
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Appliances:Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
Schools
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School District Name:Indian River
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School District Source:Listing Agent
The Community
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Subdivision Name:Cape Windsor
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Senior Community:No
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Pool:Yes - Community
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HOA:Yes
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Condo/Coop Association:No
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HOA/Condo/Coop Amenities:Boat Ramp, Pool - Outdoor, Tot Lots/Playground
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HOA Fee:$1,850
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HOA Fee Frequency:Annually
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HOA/Condo/Coop Fee:Pool(s), Sewer, Water, Common Area Maintenance, Road Maintenance, Trash
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HOA Name:Cape Windsor
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:Driveway, Off Street
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Parking Features:Concrete Driveway
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Driveway - # of Spaces:2
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Off Street - # of Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$845,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,524
|
Taxes | $62 |
Insurance | $232 |
Utilities | N/A |
Total | $4,818/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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7/4/25
Jul 4, 2025
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Price Changed | BRIGHT | $845,000 | -4.5% |
6/18/25
Jun 18, 2025
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Listed / Active | BRIGHT | $885,000 |