See Home Value
19966
24252 WATERS EDGE TRAIL
$1,125,000
● House - Off Market

24252 WATERS EDGE TRAIL

MILLSBORO, DE 19966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$5,935
Est. Monthly
2.16%
Cap Rate

About This Property

Welcome to 24252 Waters Edge Trail-an exceptional 3-bedroom, 2-bath waterfront cottage offering peaceful privacy, and prime boating access along the scenic shores of Burton Prong. Situated on a full acre with 100 feet of direct water frontage, this one-of-a-kind property features its own private dock with deep water, navigable access to the Inland Bays and the Atlantic Ocean-a rare opportunity for boaters and water lovers alike.

Inside, the 1,824 sq. ft. home offers a comfortable, layout with serene water views and a natural connection to the outdoors. The first level features a bedroom, full bathroom, kitchen, laundry room, living room, dining area and sunroom with expansive windows. Upstairs holds two more bedrooms overlooking the water and a full bathroom. A large, unfinished basement provides even more flexibility-perfect for storage or hobbies. The interior of the cottage has just been freshly painted!

One of the property's standout features is the newly constructed, 50x25, detached garage with four garage doors and ample space for car enthusiasts, workshop needs, or substantial storage.

Enjoy the rare combination of no HOA, no flood zone, and peaceful, private waterfront living-just 11.8 miles to the  Rehoboth Beach Boardwalk and 12.7 miles to Lewes Beach, giving you the best of both tranquil retreat and coastal convenience.

Whether you're searching for a full-time home, a vacation getaway, or a unique waterfront investment, this property is a true gem on Delaware's scenic coast.
Unit Size
1,824 Ft²
Days on Market
149 days
Land Size
1.00 acres
Price per sqft
$655
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (Bright MLS #DESU2083838)

Price History

Date / Event Date Event Price
Sep 11, 2025 Sold
Sold
Jun 15, 2025 In contract -
In contract
May 31, 2025 Price Decreased $1,195,000
↓ $100K (7.7%)
Price Decreased
Apr 15, 2025 Listed by Jack Lingo - Lewes $1,295,000
Listed by Jack Lingo - Lewes
Jan 14, 2022 Sold
Sold
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,250
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERRING CREEK
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: S SIDE HERRING CREEK 1 AC.S. W/IMP

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 050709

Zoning

  • Zoning: AR-1

Geography

  • District: INDIAN RIVER
  • Parcel: 234-18.00-59.00
  • Municipality: INDIAN RIVER HUNDRED
  • Latitude: 38.6557
  • Longitude: -75.1682

    Address

  • Full Address: 24252 Waters Edge Trl
  • Address - House Number: 24252
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Trl
  • State: DE
  • City Name: Millsboro
  • Carrier Code: R006
  • 4-Digit Zip Code: 4476
  • Zip Code: 19966

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $98,225
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 666,966
  • High Value: 813,838
  • Low Value: 520,094

    Market Valuation

  • Market Total Value: $46,400
  • Market Land Value: $10,000
  • Market Improvement Value: $36,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,350
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $15,350

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2547
  • Previous Sale Recording Date: Feb 27, 2017
  • Previous Sale Contract Date: Feb 24, 2017
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Millsboro


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Frequently Asked Questions

When was property at 24252 Waters Edge Trail built and last sold?
The property at 24252 Waters Edge Trail was built in and last sold on Jan 14, 2022 for $885,000.
How much is this home worth?
The estimated value of the home located at 24252 Waters Edge Trail is $1,164,536.
What are some comparable homes to 24252 Waters Edge Trail?
There are currently no comparable homes to 24252 Waters Edge Trail.

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