NOT LISTED FOR SALE

201 Red Cedar Dr Lewes, DE 19958

Estimated Value: $760,848 - $791,000

4 Beds
4 Baths
2,400 Sq Ft
$321/Sq Ft Est. Value

About This Home

EAST of Route 1! Looking for one of best kept secrets in Lewes? Check out this beautiful small community of luxury town homes located off New Road. The community is fully sold out! This gorgeous end unit home is just 1 year young.....like new construction without the wait! The exteriors of Lewes Waterfront Preserve have a sophisticated southern charm. This home features hardie board planked siding, front columns and a 2nd floor covered balcony. Enter into the open concept design and you are greeted with extra windows (a perk of being an end unit) which floods the home with natural light. The windows come with custom plantation shutters and woven shades, saving you thousands of dollars. The natural color palette is inviting and relaxing. The center piece is a gourmet kitchen, with upgraded Cafe line cooking, quartz counters, pot filler, ample upgraded cabinets and a stunning center island with stainless farm sink. The main level includes a primary suite with a generous sized walk in closet & stunning bathroom. Luxury Vinyl Plank flooring gives the main living area a very beach look while also being easy to clean & maintain. The upper level will surprise you the minute you reach the top step. An enormous comfortable great room is the key to this level. It's a game changer when you are hosting family & guests. There are three bedrooms with two additional full baths on this level. One bedroom, currently used as a flex room with desk & murphy bed, has a full light door out to the covered balcony. The size of this home is very deceiving from its exterior appearance. It has almost 2500 square feet of living space. A tankless water heater insures that your guests won't run out of hot water The entire home is sprinklered, which is a very rare find. Additional features include; EV charger in garage, complete irrigation system, stunning paver patio, and outside gas line for your grilling. The paver patio adds amazing space for outdoor entertaining & relaxing. A paver wall was designed to give a beautiful esthetic look while offering privacy. This unit is quite possibly the best location in the community, as it has no building to the side of it and no front facing building across from it. The home has an actual useable side yard and parking out front. Come see what makes this charming community the best spot to enjoy all Lewes has to offer, without the hassle of sitting in traffic. You can bike to town and are just minutes to either the beautiful Lewes bay beaches or Cape Henlopen State Park Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Nvhomes and Nvr Inc
Bought by
Barletto Joseph J and Barletto Carmela A
Current Estimated Value
$769,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,910
Outstanding Balance
$367,976
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$401,986

Purchase Details

Closed on
Aug 28, 2024
Sold by
Lewes Waterfront Preserve Llc
Bought by
Nvhomes and Nvr Inc
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barletto Joseph J $669,910 None Listed On Document
Barletto Joseph J $669,910 None Listed On Document
Nvhomes $1,353,810 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barletto Joseph J $369,910
Closed Barletto Joseph J $369,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 Price Changed $759,000 -2.1% $316 / Sq Ft
01/16/2026 01/16/26 For Sale $775,000 -- $323 / Sq Ft

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