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About This Home

This 4-bedroom, 4-bathroom condo at 17326 KING PHILLIP WAY #36 in LEWES, DE is listed for $500,000. Built in 2004, on a 10.34 acres lot.

Agent Description

Welcome to this beautifully maintained four-bedroom, 3.5-bath townhome in the sought-after community of The Reserve at Nassau, ideally located east of Route 1 and close to everything the coastal lifestyle has to offer. Thoughtfully updated and meticulously cared for, this home offers a comfortable and inviting layout designed for both everyday living and easy entertaining.

The main level features a desirable first-floor owner's suite complete with a private bath, creating a peaceful retreat. The open floor plan is anchored by a cozy gas fireplace in the living room, seamlessly connecting to the dining area and kitchen. The kitchen shines with updated quartz countertops and a suite of newer appliances, including a dishwasher (2023) and microwave (2024), refrigerator and range (both in 2025) complement the space.

Additional updates include a new front door in 2025 and main-level carpeting replaced in 2024. Step outside to the screened porch and elevated deck, perfect for extending your living space and enjoying relaxed outdoor gatherings. Upstairs, a second primary suite with its own private bath provides flexible living options, ideal for guests or multi-generational living.

Two additional bedrooms, a full hall bath, and a versatile loft area complete the second level. Major systems have been thoughtfully maintained, including a gas furnace replaced in 2022 and an air conditioning unit updated in 2016, offering peace of mind for years to come.

The home also features an unfinished walk-out basement, offering excellent potential for future expansion, additional living space, or abundant storage. Residents of The Reserve at Nassau enjoy access to a community pool, creating a welcoming environment to relax and connect with neighbors.

Located on the Georgetown-Lewes trail. This prime location is less than three miles from historic downtown Lewes and Beebe Healthcare, approximately four miles to Lewes Beach and Cape Henlopen State Park, and just a short drive to the shopping, dining, and boardwalk attractions of Rehoboth Beach. A wonderful opportunity to enjoy a well-appointed home in an exceptional coastal location.

Key Features

  • Built in 2004
  • 10.34 acre lot
  • 2 stories

Property Details

2 stories
3 full, 1 half
2004

Amenities

Hardwood

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

17326 KING PHILLIP WAY #36

LEWES, DE 19958

RESERVES OF NASSAU

Features & Amenities

Interior Features

Breakfast AreaCarpetCeiling Fan(s)Dining AreaEntry Level BedroomFamily Room Off KitchenPrimary Bath(s)PantryRecessed LightingBathroom - Tub ShowerUpgraded CountertopsWalk-in Closet(s)Window Treatments

Property Details

Flooring

CarpetHardwood

Construction

FrameVinyl Siding

Parking

DrivewayGarageGarage - AttachedOff StreetOn StreetParking Lot

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerIce MakerMicrowaveOven - Self CleaningRangeRange - ElectricRefrigeratorWasherWasher/Dryer Combo

Questions & Answers

This 4-bedroom, 4-bathroom condo at 17326 KING PHILLIP WAY #36 is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 2004, 10.34 acre lot, 2 stories. Interior Features: Breakfast Area, Carpet, Ceiling Fan(s).

This property is listed by Corey T Mahoney and can be reached at 8885360216 or Corey.Mahoney@LongandFoster.com.

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CM

Corey T Mahoney

Agent at Northrop - Lewes

(888) 536-0216

Listed by Northrop - Lewes · View on Broker Site

MLS# DESU2104790· Source: listhub· Updated 8 days ago

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

17326 KING PHILLIP WAY #36, LEWES, DE 19958

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