287 Bay Ave, Milford, DE 19963
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
Upcoming open houses
- Sat, Nov 1411:00 am - 01:00 pm
Listed by: rosanna zappulo
Office: keller williams realty central-delaware
MLS#:DESU2121008
Source:BRIGHTMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$519.38
About this home
RARE TRUE BEACHFRONT! Exceptional multi-unit property directly on the Delaware Bay with ownership extending to the high-water line. Enjoy panoramic water views, dual beach access, and a peaceful coastal setting adjacent to Prime Hook National Wildlife Refuge. The property includes a 1,817 SF main residence plus a fully renovated 686 SF vacation-rental condo, offering an outstanding opportunity for personal use, extended family, or income generation. The main residence blends classic Cape Cod charm with modern refinement. Original hardwood floors, curated finishes, new landscaping, new decking, and a new carport complement thoughtfully designed outdoor spaces perfect for sunrise coffee and sunset reflection. The home's character and coastal setting create a warm, inviting retreat with exceptional water views. The separate 686 SF condo was completely renovated in 2023 and is being sold fully furnished and turnkey. Features include updated bathrooms, new hot water heaters, new A/C (2025–26), washer/dryer, and a game room. The condo is an established, high-performing Airbnb with a 4.98-star rating from 112 reviews and Guest Favorite designation, placing it among the top 1% nationally. The rental generates approximately $30,000 annually and has produced more than $92,000 in gross rental revenue from 2024–2026. Guests consistently highlight the property's cleanliness, comfort, quiet beach, and family-friendly setting. Recent improvements include new ASCEND composite siding (2025) with a transferable lifetime warranty, an EcoPod advanced septic system (blower replaced in 2024), separate electric meters, and active flood insurance. Property is located in Flood Zone VE. No HOA. A rare opportunity to own a fully updated Delaware Bay beachfront property with immediate rental income potential, multiple living spaces, exceptional water views, and direct beach access.
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Home facts
- Year built:1959
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:DESU2121008
- Added:50 day(s) ago
- Updated:November 13, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Dining Description:Dining Room
- Bathrooms Description:Bathroom 1, Bathroom 3, Primary Bathroom
- Bedroom Description:Primary Bedroom
- Living area:2,503 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Ductless/Mini-Split
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1959
- Building area:2,503 sq. ft.
- Lot area:0.29 Acres
- Lot Features:Bayfront, Fishing Available
- Architectural Style:Cape Cod
- Construction Materials:Combination
- Foundation Description:Block
- Levels:2 Stories
Utilities
- Water:Private
- Sewer:On Site Septic
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$519.38
Parking
- Parking description:Detached Garage, Garage - Rear Entry
- Garage:Yes
- Garage spaces:1
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