See Home Value
Sussex 19966
27616 STERLING BLVD
$1,775,000
● House - Off Market

27616 STERLING BLVD

MILLSBORO, DE 19966
bedrooms
6 Beds
bathrooms
6 Baths
square feet
5,477 Ft²
$10,062
Est. Monthly
$978
HOA / Fees
3.26%
Cap Rate

About This Property

A stunning, coastal-style home located in the sought-after community of the Sanctuary, at the Peninsula on the Indian River Bay. This custom Garrison Homes offers multiple levels distinctively designed for resort-style living and grand-scale entertaining and Alluring architectural details including crown molding throughout, coffered ceiling in the great room, panel wainscoting, feature lighting, 7" natural wire-brushed white oak wood flooring, sublime Quartz countertops, a suite of Thermador stainless steel appliances, and abundant Andersen 400 series windows bathing each area of this home in natural light. The home's stunning exterior gray slate Hardi-Plank Lap siding, white board and batten trim, a charcoal architectural shingle roof with ocean blue metal roofing accents, and white wooden shutters. The foyer unfolds into the impressive great room perfect for entertaining, with its gourmet kitchen, living room area  with fireplace and coffered ceiling, and dining space allowing access to the private outdoor living oasis and the expansive covered porch. The owner's suite  offers a luxury bath with dual vanity, glass enclosed shower, private water closet and a huge walk-in closet. An additional full bath and laundry room with interior access to the garage complete the main level. Access to the homes thoughtfully designed multi-level layout is made easier by the elevator. Both Upper levels offer 4 roomy bedrooms,  with private baths , 2 that share a bath, plus laundry rooms on each level and additional living spaces. Multiple porches, decks, and balconies offer unique views of the backyard oasis, the community and some with revealing sweeping panoramic views of the Indian River Bay. The backyard oasis with pool and full fencing, making it the ultimate gathering spot for all summer events. As a resident of the Peninsula, you will enjoy world-class amenities such as gated security, clubhouse, Jack Nicklaus golf course, driving range, fitness center with indoor, outdoor and wave pools, hot tubs, sauna, spa room, tennis, pickle-ball, dog park, community garden, nature center, bay beach, fishing pier and miles of walking trails. Come home to comfort, luxury and resort-style living at its finest.
Unit Size
5,477 Ft²
Days on Market
17 days
Land Size
0.33 acres
Price per sqft
$338
Property Type
House
Property Taxes
$325
HOA Dues
$978
Year Built
2022

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Last updated: 2 years ago (Bright MLS #DESU2075810)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Sold
Jan 28, 2025 In contract -
In contract
Dec 20, 2024 Listed by Berkshire Hathaway HomeServices PenFed Realty $1,850,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
May 4, 2021 Sold
Sold

Property Highlights

Garage
Elevator
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 701
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,248
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 740
  • Total Building Area: 5,664
  • Building Area: 5,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PENINSULA
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: THE PENINSULA SANCTUARY PHASE 3 LOT 15

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 050708

Zoning

  • Zoning: MR

Geography

  • District: INDIAN RIVER
  • Subdivision Phase Number: 3
  • Parcel: 234-30.00-48.00
  • Lot: 15
  • Municipality: INDIAN RIVER HUNDRED
  • Latitude: 38.6071
  • Longitude: -75.1625

    Address

  • Full Address: 27616 Sterling Blvd
  • Address - House Number: 27616
  • Address - Street Name: Sterling
  • Address - Suffix Type: Blvd
  • State: DE
  • City Name: Millsboro
  • Carrier Code: R017
  • 4-Digit Zip Code: 7169
  • Zip Code: 19966

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,747
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 1,751,145
  • High Value: 2,183,504
  • Low Value: 1,318,787

    Market Valuation

  • Market Total Value: $186,300
  • Market Land Value: $10,000
  • Market Improvement Value: $176,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $5,000

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20210000029210
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 Sussex


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,000 /mo

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22140 Shorebird Way, DE, 19966 Listing by Todd H Sneidman
Unit for rent at 26948 Sugar Sand Lane, MILLSBORO, DE, 19966

$3,500 /mo

  • 4 Beds
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26948 Sugar Sand Lane #2, MILLSBORO, DE, 19966 Listing by Jonna Shea Heritage


Frequently Asked Questions

When was property at 27616 Sterling Boulevard built and last sold?
The property at 27616 Sterling Boulevard was built in 2022 and last sold on Apr 21, 2021 for $835,000.
How much is this home worth?
The estimated value of the home located at 27616 Sterling Boulevard is $1,868,500.
What are some comparable homes to 27616 Sterling Boulevard?
There are currently no comparable homes to 27616 Sterling Boulevard.