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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 | |
This information is believed to be accurate, but without any warranty.