Realty Universal Delaware

5 Beds

3 Baths

2,503SqFt

Active

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. --

Property Details
Price $1,300,000
Bedrooms 5
Full Baths 3
Half Baths 0
Total Baths 3
Property Style Cape Cod
Lot Size Area Units Square Feet
Acres 0.29
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Detached
Stories 2
Year Built 1959
Subdivision NONE AVAILABLE
View Bay,Panoramic,Water
Heating Forced Air
Foundation Block
Accessibility None
Lot Description Fishing Available,Other
Garage spaces 1
Geographic Data
Directions East on Slaughter Beach Road turn right on Bay Avenue, property on left
County SUSSEX
Latitude 38.92256424
Longitude -75.30717832
Market Area Cedar Creek Hundred (31004)
Address Information
Address 287 BAY AVE, MILFORD, DE 19963
Postal Code 19963
City MILFORD
State DE
Country United States
Listing Information
Listing Office Keller Williams Realty Central-Delaware
Listing Office Email centraldelawarebroker@gmail.com
Listing Agent Rosanna Zappulo
Internet Listing Display Days On Site Y N Y
Internet Listing Display Historical Prices Y N Y
Internet Listing Display Prices Y N Y
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership Fee Simple
Virtual Tour URL https://view.spiro.media/order/2b2b91a3-0081-4252-fd92-08df1573e9fe?version=121_051&branding=true
School Information
District MILFORD
MLS Information
Days on market 31
MLS Status Active
Listing Date Sep 26, 2026
Listing Last Modified Oct 26, 2026
Tax ID 230-01.00-169.00
MLS Area Cedar Creek Hundred (31004)
MLS # DESU2121008

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