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38967 Willow Ln

$1,200,000

38967 Willow Ln, Fenwick Island, DE 19944

Active
Last Updated: 03/24/2026

3,950 sqft

Building Size

1990

Year Built

Details:
Building Size:    3,950 sqft
Year Built:    1990
Price Per Sqft:    $303.80
Zoning:    C-1
Roof:    Shingle
Highlights:
  • Days on Market: 6
  • Heating: Forced Air
Description:

Cleared, Level

Prime mixed-use opportunity located along the highly trafficked Route 54 corridor, just one mile from both Fenwick Island and Ocean City beaches. Zoned C-1 with residential use permitted, this property offers exceptional visibility, strong signage exposure, and outstanding flexibility for a variety of commercial or live/work uses.
The layout is ideal for maximizing both functionality and income potential. A private side entrance leads to a dedicated office space—perfect for a professional business—while a separate second-floor entrance provides access to a potential apartment, ideal for rental income or guest accommodations. The first floor features a spacious family room, primary suite with en suite bath, full kitchen, and a bright sunroom, creating a comfortable residential setting or an inviting space for a boutique business or bed and breakfast.
According to AirDNA, the property has an estimated short-term rental income potential of approximately $91,700 annually, making it an attractive option for investors seeking strong cash flow near the beach.
Ideal for a wide range of uses including medical or professional office, real estate brokerage, salon, boutique retail, or short-term rental. With flexible zoning, multiple access points, and a premier coastal location, this is a rare opportunity to capitalize on both residential and commercial potential just minutes from the area’s most popular beach destinations.

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