$999,000
●
Land -
For Sale
95 CREEK DRIVE
MILLSBORO, DE 19966
Studio
0 Bath
$5,025
Est. Monthly
$38
HOA / Fees
About This Property
Rare waterfront opportunity in Winding Creek Village! This
exceptional 0.80-acre lot offers expansive views across Guinea
Creek toward Herring Creek and an ideal setting for your future
waterfront retreat. The property features approximately 160 feet of
brand-new rip rap shoreline and a new 110-foot dock, providing
excellent deep water access and the ability to accommodate 4 boats.
For the boating enthusiast, the waterways offer direct access
to Rehoboth Bay and Indian River Bay, with route to the Atlantic
Ocean via the Indian River Inlet. Whether boating, fishing,
cruising, or simply enjoying life on the water, this property
offers an exceptional coastal lifestyle. Adding to the
appeal, community-owned land borders the property on the left,
providing a valuable buffer and ongoing privacy. Public utilities
are available, and with the major waterfront improvements already
in place, this spacious lot is ready for your vision and dream
home. A truly special opportunity to create a private waterfront
retreat with exceptional boating access in a desirable coastal
community.
Unit Size
-
Days on Market
-
Land Size
0.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
$38
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Bright MLS #DESU2119464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $999,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by The Lisa Mathena Group, Inc. | $650,000 | |
| Listed by The Lisa Mathena Group, Inc. | |||
| | |||
|
WATERFRONT LOT IN WINDING CREEK!!!! Fronting on Guinea Creek on the Rehoboth Bay and leading out to the Indian River Bay, and then out to the ocean, the world is your oyster! Don't miss your opportunity to build your waterfront dream home on this lot that is ready to build on with the sewer lines already installed and the water lines currently in the process of being installed to provide public utilities. Build your own dock for all of your watercrafts. There are so many possibilities! The current owner has cleared the lot, had it surveyed and had house plans drawn, all of which the Buyer will receive with an acceptable offer.
| |||
Property Highlights
With View
Exterior Details
Waterfront Features: Rip-Rap, Private Dock Site
Waterbody Name: Guinea Creek
Lot Features: Cleared, Bulkheaded, Stream/Creek
Lot Size Area: 34800
Lot Size Units: Square Feet
Lot Size Acres: 0.8
Lot Size Square Feet: 34800
Lot Size Dimensions: 161.00 x 236.00
Tax Lot: D17
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $7,200
Tax Annual Amount: $975
Utilities Details
Sewer : Public Hook/Up Avail
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Pier/Dock Maintenance
HOA/Condo/Coop Amenities: Boat Slip, Maintenance Grounds, Water/Lake Privileges, Pier/Dock
HOA Fee: $450
HOA Fee Frequency: Annually
Comparables
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Type
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Closing Price
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HOA + Taxes
About Sussex
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Listed by: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# DESU2119464
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# DESU2119464
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