632 PILOTTOWN ROAD
About This Property
Welcome to "Heron House," a custom-built luxury sanctuary situated directly along the canal in historic Lewes, Delaware. Perfectly positioned across the water from a natural world habitat, this unique property offers a front-row seat to the sights & sounds of wildlife alongside uninterrupted 360-degree panoramic views. Masterfully crafted with circular-inspired architectural lines, every detail of this three-level estate reflects intentional design and uncompromising quality. A sweeping central grand staircase serves as the striking centerpiece of the home, effortlessly connecting all three levels. Beautiful imported solid hardwood flooring runs throughout, complemented by rare natural stone granite and quartz countertops. The top level features an exceptional loft observatory equipped with custom built-in seating, a pop-up TV cabinet, and unmatched water vistas. Nearly 3,900 square feet of finished living space strikes the perfect balance between grand entertaining and quiet retreat.
For nature lovers, it's within walking distance to the beautiful marsh where you can see all sorts of wildlife. You'll also love the convenience of being just a short walk to downtown Lewes, putting all of the area's finest shops and restaurants right at your doorstep.
Outdoor living is equally extraordinary. A private, in-fee, canal-front parcel features a floating dock built to comfortably host multiple boats and kayaks, while a screened waterfront gazebo, capped in matching copper to echo the main home's striking copper roof, sets the scene for effortless entertaining & relaxing by the water. A detached three-car garage at the rear offers generous storage and parking. "Heron House" isn't just your standard luxury home; it's an exceptional find in a coveted location where the water meets the wild. Don't settle for less - schedule a private tour today and discover waterfront living at its finest!
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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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $4,500,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017