287 BAY AVE, Milford, DE 19963
287 BAY AVE, Milford, DE 19963
287 BAY AVE, Milford, DE 19963
287 BAY AVE, Milford, DE 19963
287 BAY AVE, Milford, DE 19963
287 BAY AVE, Milford, DE 19963
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Listed by Rosanna Zappulo • Keller Williams Realty Central-Delaware
$ 1,300,000
Est. payment | /mo

5 Beds

3 Baths

2,503 SqFt


$ 1,300,000
Est. payment | /mo

5 Beds

3 Baths

2,503 SqFt

Open House

Sat Oct 10, 12:00pm - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,503 sqft

Price per Sqft $519

Subdivision None Available

MLS Listing ID DESU2121008

Style Cape Cod

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,503

Year Built 1959

Available Date 2026-09-26

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Detached

Source BRIGHT

Property Description

RARE TRUE BEACHFRONT! Exceptional multi-unit property directly on the Delaware Bay with ownership extending to the high-water line. Enjoy panoramic water views, dual beach access, and a peaceful coastal setting adjacent to Prime Hook National Wildlife Refuge. The property includes a 1,817 SF main residence plus a fully renovated 686 SF vacation-rental condo, offering an outstanding opportunity for personal use, extended family, or income generation. The main residence blends classic Cape Cod charm with modern refinement. Original hardwood floors, curated finishes, new landscaping, new decking, and a new carport complement thoughtfully designed outdoor spaces perfect for sunrise coffee and sunset reflection. The home's character and coastal setting create a warm, inviting retreat with exceptional water views. The separate 686 SF condo was completely renovated in 2023 and is being sold fully furnished and turnkey. Features include updated bathrooms, new hot water heaters, new A/C (2025–26), washer/dryer, and a game room. The condo is an established, high-performing Airbnb with a 4.98-star rating from 112 reviews and Guest Favorite designation, placing it among the top 1% nationally. The rental generates approximately $30,000 annually and has produced more than $92,000 in gross rental revenue from 2024–2026. Guests consistently highlight the property's cleanliness, comfort, quiet beach, and family-friendly setting. Recent improvements include new ASCEND composite siding (2025) with a transferable lifetime warranty, an EcoPod advanced septic system (blower replaced in 2024), separate electric meters, and active flood insurance. Property is located in Flood Zone VE. No HOA. A rare opportunity to own a fully updated Delaware Bay beachfront property with immediate rental income potential, multiple living spaces, exceptional water views, and direct beach access.

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Location

State DE

County Sussex

Area Cedar Creek Hundred (31004)

Zoning TN

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Recreation Room, Bathroom 1, Bathroom 3, Primary Bathroom

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling Ceiling Fan(s), Ductless/Mini-Split

Furnishings Yes

Heat Source Electric

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 5.0

Waterfront Description Sandy Beach,Shared

Water Access Y

View Bay, Panoramic, Water

Accessibility None

Total Parking Spaces 5

Garage Y

Private Pool No

Building

Lot Description Fishing Available, Other

Story 2

Foundation Block

Above Ground Finished SqFt 2503

Sewer On Site Septic

Water Private

Architectural Style Cape Cod

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District Milford

Others

Senior Community No

Tax ID 230-01.00-169.00

Ownership Fee Simple

SqFt Source 2503

Special Listing Condition Standard

Virtual Tour https://view.spiro.media/order/2b2b91a3-0081-4252-fd92-08df1573e9fe?version=121_051&branding=true

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

Brian Foraker

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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287 BAY AVE