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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.
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
Amenities
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
17326 KING PHILLIP WAY #36
LEWES, DE 19958
RESERVES OF NASSAU
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
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.



































































