29 CREEK DRIVE
About This Property
As you step inside, a welcoming living room greets you to the right of the entryway. At the heart of the home, the kitchen and family room provide a comfortable gathering space, while the rear sunroom showcases panoramic water views-a true highlight of the property. The layout also includes three spacious bedrooms and two full baths, offering plenty of room for family and guests. A mudroom and laundry area connect seamlessly to the garage, with convenient access to the backyard.
Outdoors is where this home truly shines. A paver patio leads directly to the private dock, overlooking the serene waters beyond. Here you can spend your days boating, crabbing, or simply relaxing as the sun reflects off the water. From Guinea Creek, you'll enjoy easy boating access to the open waters of Rehoboth Bay, giving you endless opportunities to explore Delaware's inland bays and beyond.
Whether arriving by car or by boat, you're only a short trip from Delaware's premier beaches-Lewes and Rehoboth-plus award-winning golf at Baywood Greens and popular dining, shopping, and entertainment.
This home is ready for some TLC, making it the perfect canvas for a new owner to create their dream waterfront retreat. For those looking for additional space or extra privacy, the lot immediately to the right of the home (27 Winding Creek Drive) is also available for purchase, offering a rare chance to expand or create a private waterfront estate. The land is also cross-listed on the MLS# DESU2093462.
With its unbeatable location, private dock, and direct access to the bay, 29 Winding Creek Drive is your gateway to the best of Delaware's coastal lifestyle.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Price Decreased |
$1,049,900
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Aug 26, 2025 | Listed by Keller Williams Realty Wilmington | $1,100,000 | |
| Listed by Keller Williams Realty Wilmington | |||
Property Highlights
Building Info
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About Millsboro
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017