Waterfront Investment Opportunity in Millsboro, DE – Two Homes, Endless Potential! Don’t miss this rare chance to own a waterfront property on the Indian River, a large parcel of 0.44 acre with 80 feet of direct water frontage in beautiful Millsboro, Delaware. This unique property features two separate houses, each with its own postal address, offering incredible flexibility for investors, vacationers, or those seeking multi-family living. The first home offers 3 bedrooms and 1 bathroom, and the second home offers 2 bedrooms and 1 bathroom. Both homes have been well maintained by the current owners for over 40 years, they put a new roof for the 2 bedroom house, and it has a partial basement that can be finished by the new owners, with some cosmetic updates and remodeling, you can turn it into your personal waterfront PARADISE!!! The potential here is amazing, whether you choose to live in one home and rent or Airbnb the other, or rent out both for steady income, , It can be also a great flip, updated houses nearby sell for over $500,000 and up to $800,000. Property will be conveyed in AS-IS condition, giving you the freedom to renovate to your taste. Buyers are responsible for their own due diligence regarding any potential subdivision or redevelopment. Opportunities like this don’t come along often—schedule your showing today before this unique waterfront gem is gone!
Sold for $300,000
$300,000
26478 Jersey Rd, Millsboro, DE 19966
5beds
--sqft
Single Family Residence
Built in 1950
0.44 Acres Lot
$299,000 Zestimate®
$--/sqft
$2,891 Estimated rent
Home value
$299,000
$278,000 - $320,000
$2,891/mo
Zestimate® history
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$1,639/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: December 14, 2025 at 06:04pm
Listed by:
Bob Hamour 302-307-3047,
Realty Mark Associates-Newark
Bought with:
Unrepresented Buyer
Unrepresented Buyer Office
Source: Bright MLS,MLS#: DESU2087590
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Has Laundry, Main Level
Features
- Dry Wall
- Flooring: Hardwood
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Pool features: None
- Waterfront features: Boat/Launch Ramp - Private, Bay
- Body of water: Indian River
- Frontage length: Water Frontage Ft: 80
Lot
- Size: 0.44 Acres
- Dimensions: 90.00 x 215.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 23432.0089.00
- Zoning: AR-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Private Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Millsboro
- Subdivision: Indian River Hundred
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,Cash,FHA 203(k),VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $300,000+0.3% |
Source:  Bright MLS #DESU2087590 Report a problem | ||
| 10/28/2025 | Contingent | $299,000 |
Source: Bright MLS #DESU2087590 Report a problem | ||
| 9/11/2025 | Listed for sale | $299,000 |
Source: Bright MLS #DESU2087590 Report a problem | ||
| 7/25/2025 | Contingent | $299,000 |
Source: Bright MLS #DESU2087590 Report a problem | ||
| 7/10/2025 | Listed for sale | $299,000 |
Source: Bright MLS #DESU2087590 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $299 +0.1% | $6,950 |
| 2023 | $299 +5.9% | $6,950 |
| 2022 | $282 +3.1% | $6,950 |
Find assessor info on the county website
Neighborhood: 19966
Nearby schools
GreatSchools rating
- 6/10East Millsboro Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Millsboro Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Sussex Central High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- District: Indian River
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$299,000
2% more
+$5,980
With Zillow Showcase(estimated)
$304,980
- Delaware
- Sussex County
- Millsboro
- 19966
- 26478 Jersey Rd