Situated at the crossroads of convenience, this exceptional 25 +/- acre property for sale near the DE Turf Sports Complex boasts an enviable entrance off DE 1 and Milford Neck Rd. This strategic location offers excellent visibility, accessibility, and a gateway to a host of possibilities. Seize this incredible opportunity to leverage the advantages of the BG zoning and shape this property into a remarkable showcase of innovation and growth. Explore the limitless potential within this property's boundaries and envision a future that capitalizes on its strategic location, convenient entrances, and versatile zoning. Enquire now to embark on an exciting journey of real estate development and investment. Owner financing to qualified buyers.
Property Details
Property Features
Listing Office:
Office Name: R&R Commercial Realty
Office Phone: (302) 856-4000
Listing Agent: Keith Walpole
Lot Features
Lot Information:
Lot Size: 25.00 Acres
School Info
Assigned Schools Information:
Milford Senior High School, Public District Grades 8-12
Milford Central Academy, Public District Grades 6-8
Banneker (Benjamin) Elementary School, Public District Grades 1-5
Other
Directions Information:
Directions: From Dover head South on DE 1 make u-turn right before Portable buildings.Property will be on right .
Price Information
Listing Price Info
Price Summary:
List Price: $5,350,000
Tax Information:
Annual Amount: $847
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milford, DE.
This property is $5.0M more than the Median Sold Price in Milford, DE.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DEKT2018488
Listing Office:
Office Name: R&R Commercial Realty
Office Phone: (302) 856-4000
Listing Agent: Keith Walpole
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$26.7K
Per Month
Principal & Interest
$26.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Banneker (Benjamin) Elementary School
449 North St
Distance between this listing and this school4.61 miles
Public District Grades 1-5
Middle School
3
/10
Milford Central Academy
1021 N Walnut St
Distance between this listing and this school3.89 miles
Public District Grades 6-8
High School
3
/10
Milford Senior High School
1019 N Walnut St
Distance between this listing and this school3.89 miles
Public District Grades 8-12
Assigned Schools
6
/10
Banneker (Benjamin) Elementary School
449 North St
Distance between this listing and this school4.61 miles
Public District Grades 1-5
Nearby Schools
7
/10
Lake Forest East Elementary School
124 W Front St
Distance between this listing and this school2.36 miles
Public District Grades KG-4
4
/10
Mispillion Elementary School
311 Lovers Ln
Distance between this listing and this school5.53 miles
Public District Grades 1-5
Assigned Schools
3
/10
Milford Central Academy
1021 N Walnut St
Distance between this listing and this school3.89 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lake Forest Central Elementary School
5424 Killens Pond Rd
Distance between this listing and this school6.10 miles
Public District Grades 4-5
4
/10
W.T. Chipman Middle School
101 W Center St
Distance between this listing and this school8.65 miles
Public District Grades 6-8
Assigned Schools
3
/10
Milford Senior High School
1019 N Walnut St
Distance between this listing and this school3.89 miles
Public District Grades 8-12
Nearby Schools
2
/10
Lake Forest High School
5407 Killens Pond Rd
Distance between this listing and this school6.04 miles
Public District Grades 8-12
6
/10
Polytech High School
823 Walnut Shade Rd
Distance between this listing and this school8.34 miles
The neighbors living near this home have an average income of $41,450. The most common annual income of people living in Milford, DE is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3338 Bay Rd
What is the listing price of this property?
The listing price of 3338 Bay Rd property is $5,350,000.
What type of property is this?
The property 3338 Bay Rd is land located in Milford, Delaware, 19963.
Is this property for sale now?
Active Listing: 3338 Bay Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3338 Bay Rd are: Banneker (Benjamin) Elementary School: GreatSchools Rating 6/10Milford Central Academy: GreatSchools Rating 3/10Milford Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $847 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3338 Bay Rd in Milford, DE and zip code 19963. This home sits on a 25.00 acre lot. It has been listed on Rocket Homes since April 04, 2023 and is currently priced at $5,350,000.
In March 2024 more than 4 listings in Milford, DE were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Milford, DE increased by 1.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 70 days, the median list price was $334,166.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Hunting
Hunting
NASCAR
Figure Skating
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Jimmy Johns
Hardee's
Applebees
Chevrolet
GMC
Ram
New Country
Classic Country
Oldies