31387 Elwood Court Ocean View, DE $ 415,000
31387 Elwood Court
$ 415,000
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31387 Elwood Court

Ocean View, DE, 19970
$ 415,000
Bedrooms3 Baths2.0 Sq 1,254

Monthly Estimate*

$ 2,555

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Single Family Home for sale in Ocean View, DE

for $415,000 with 3 bedrooms and 2 full baths. This 1,254 square foot home was built in 1987 on a lot size of 0.5.

Nestled at the end of a quiet cul-de-sac in the desirable marina community of Banks Harbour Retreat, this 3 bedroom, 2 bath ranch offers exceptional privacy, outdoor living, and a generously sized half-acre lot. Surrounded by mature landscaping and trees, the property provides a peaceful setting with plenty of room for future expansion or the addition of a pole barn. The fenced yard offers plenty of space for outdoor enjoyment and features a large deck, gazebo, mature apple and pear trees, and a storage shed. A welcoming front porch with low-maintenance materials adds to the home's curb appeal. Inside, you'll find a comfortable one-level floor plan with a spacious living room that opens to the rear deck through a newer sliding glass door (2024), a separate dining room off the kitchen, and a large laundry room with full-size washer and dryer. The attached 2-car garage provides additional storage and convenience. Numerous major improvements have already been completed, including a new roof (2018), new vinyl siding (2018), HVAC system (2015), hot water heater (2023), well pump and bladder tank (2023), newer asphalt driveway, newer garage door and opener, and crawl space vapor barrier and new dehumidifier (2025). Residents of Banks Harbour Retreat have the option to purchase annual boat ramp access for just $175 per year, with marina slip rental or purchase opportunities potentially available. Conveniently located near beaches, shopping, and restaurants, this home offers a wonderful opportunity to enjoy coastal living in a small, established community.

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Single Family Coming Soon

Price

$ 415,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 824

Style

Ranch/Rambler

Lot Size

0.5

Year Built

1987

Town/City

Ocean View

County/Region

Sussex

MLS | Web ID

DESU2114250

Features
General
Living Area 1254
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Appliances Oven/Range - Electric Refrigerator Dishwasher Water Heater Washer Dryer
Zoning MR
HOA Fee 300.00
Garage Spaces 2.00
Patio/Porch Features Deck(s) Porch(es)
Architectural Style Ranch/Rambler
Construction Materials Stick Built Vinyl Siding
School District INDIAN RIVER
Year Built 1987
View Trees/Woods
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
Assoc Fee Paid Per Annually
County SUSSEX
New Construction N
Property Type Residential
HOA Y
Subdivision Name BANKS HARBOR RETREAT
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status COMING SOON
Directions From Bethany take Route 26 West. Right onto Clubhouse Road. Turn Right into Banks Harbour Retreat. Take first Right onto Elwood. House at end of street on cul-de-sac.
City OCEAN VIEW
Senior Community Y/N N
MLS Area Baltimore Hundred (31001)
Lot Size Units Square Feet
Lot Size Square Feet 21780.00
Tax Annual Amount 824.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 330.94
Vacation Rental Y/N N
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision BANKS HARBOR RETREAT
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Interior
Interior Amenities Entry Level Bedroom Floor Plan - Traditional Ceiling Fan(s) Attic/House Fan
Heating Fuel Electric
Flooring Carpet Ceramic Tile
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1254
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Fencing Privacy Vinyl
Lot Features Backs to Trees Landscaping No Thru Street
Water Source Well
Garage Features Garage - Side Entry Garage Door Opener
Type of Parking Attached Garage Driveway
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 67.00 x 176.00
Lot Size Acres 0.50
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 31387
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

sarah@bethanyrealestate.com

Email

Affordability Calculator

$2,624
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314466 Elementary School
2314878 Middle School
Indian River High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$415,000 Listed Price

Map


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31387 Elwood Court, Ocean View, DE, 19970 is a Single Family Home for sale at $415,000 with 1,254 sqft and a lot size of 0.5. 31387 Elwood Court has 3 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 19970 which is in Ocean View, DE