35153 Wright Way · Millsboro, DE 19966

$299,900

3 bd · 4.0 ba · 684 sqft · Townhouse public records · 1 Days on market

Built 2021 6,534 sqft lot $438/sqft · 96% above area Est $411k · 27% under $183/mo HOA · 8% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +7.3/30.0
• Livability +3.3/5.0
• Schools +2.9/10.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

Key facts

• Community amenities
• Prime location
• $183 HOA

Tags

• PRIME LOCATION
• OPEN-CONCEPT FLOOR PLAN
• COMMUNITY AMENITIES

Property features AI

Finance

• Other: Property manager present; Ground rent paid annually; Outside city limits; suburban location; Road surface blacktop; city/county road responsibility; Pets allowed with number limits and breed restrictions; HOA fee includes listed amenities and other one-time fee applicable
• HOA & community: Monthly HOA fee; HOA covers common area maintenance, health club, front lawn care, pool(s), recreation facilities, trash, management, and snow removal; Community amenities include basketball courts, common grounds, exercise room/fitness center, golf club/course and membership options, jog/walk path, outdoor pool, putting green, tennis courts, and playgrounds/tot lots

Exterior

• Parking: Front-entry attached garage (1 car); One driveway space; On-street parking; Concrete driveway; Total of 2 garage/parking spaces
• Utilities: Public water; Public sewer; Electric available; Cable TV available; Phone available
• Home design: End of row townhouse; Three levels; Entry level is 1; Fee simple ownership; Property in very good condition; Estimated year built
• Construction: Stick built construction; Slab foundation; Architectural shingle roof; Energy-efficient windows; Building not winterized
• Exterior features: Deck(s); Exterior lighting; Sidewalks; Street lights; Adjoins open space; Backs to open common area; Community pool

Interior

• Kitchen: Built-in microwave; Dishwasher; Exhaust fan; Gas oven/range; Refrigerator; Upgraded countertops; Kitchen island; Kitchen table space
• Bedrooms: Two bedrooms on the upper level; One bedroom on the lower level
• Flooring: Carpet; Luxury vinyl plank; Tile/brick
• Bathrooms: Two full bathrooms; Two half bathrooms
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric); 200+ amp electric service; Natural gas hot water
• Interior features: Ceiling fans; Combination kitchen/dining area; Kitchen island; Kitchen table space; Recessed lighting; Soaking tub; Upgraded countertops; Walk-in closets; Sliding glass door; Drywall walls and ceilings
• Laundry & utility: Washer and dryer in unit; Upper floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/4.0-bath townhouse listed at $300k.

Deal economics

• At list price, monthly cash flow is $-397 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $242k (19.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (21.6% below list).
• Recommended offer: $235k (21.6% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 3.1% in Millsboro — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#44 in DE) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing A, cost of living B+; Watch: crime D-, amenities D-, commute F.
• Indian River School District (rural): math 25% / reading 41% proficiency, ranked #14 of 26 in DE (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Indian River High School (math 32% / reading 52%, grade F, #10 of 40 statewide, top 26%, 1,088 students, 0% FRL) — zoned schools average 0% FRL vs 49% district-wide (49 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 865 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 4,354 units permitted in Sussex County in 2024 (344 in 5+ unit buildings).
• This rent runs 36% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Sussex County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $235,214 (21.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.78% ✗
• Cap rate: 4.70%
• Cash-on-cash: -5.68%
• DSCR: 0.75
• GRM: 10.6

CMA / ARV

• ARV (median comp): $411,350
• List price: $299,900
• Delta: -24.64%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35273 Wright Way	0.20mi	2/3.0 (-1)	684 (0%)	4mo	$299,900	$438	78

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -25.9%
• Equity multiple: 0.12×
• Total profit: $-73,756
• Equity at exit: $44,716

10-year hold

• IRR: -22.4%
• Equity multiple: -0.15×
• Total profit: $-96,212
• Equity at exit: $25,930

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 70 Landlord-Friendly
• State Delaware: 70 Landlord-Friendly · D+7
• County: — inherits STATE
• City: — inherits STATE

Court of Common Pleas hears L&T; moderate-paced. No state rent control.

Methodology + full state rankings →

ZIP-level market 19966

• Home prices YoY: -6.4%
• Active inventory: 865
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,352 medium
• Mortgage (P&I): −$1,573
• Tax est. 1.5%: −$375 /mo · $4,498/yr
• Insurance: −$125
• HOA: −$183
• Vacancy / Maint / Mgmt: −$494
• Net cashflow: $-397

Break-even live

Break-even rent $2,855

Max offer price $242,403

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
33022 Daytona Ln Millsboro, DE	3.0	3.5	744	$3,250	$4.37	13d	1	0.28mi

HOA detail

• Monthly dues: $183 · $2,196/yr
• Likely covers: gaslandscapingpoolgym

Listing history 22 events

1. 2026-06-18
   remarks 699-char remark
2. 2026-06-18
   pricedays on marketlisting id $299,900 Active 1 DOM
3. 2026-06-02
   days on market $310,000 Active 15 DOM
4. 2026-06-01
   days on market $310,000 Active 14 DOM
5. 2026-05-31
   days on market $310,000 Active 13 DOM
6. 2026-05-30
   statusdays on market $310,000 Active 12 DOM
7. 2026-05-04
   historical Active Under Contract 1864-char remark
8. 2026-04-25
   status Active 1864-char remark
9. 2026-04-03
   historical Active Under Contract 1864-char remark
10. 2026-04-02
    listed $310,000 Active 1864-char remark
11. 2026-03-28
    historical $310,000 1864-char remark
12. 2025-06-03
    soldstatus $290,000
13. 2025-05-29
    soldstatus $290,000 Closed 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

14. 2025-05-01
    status Pending 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

15. 2025-03-24
    price $304,900 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

16. 2025-03-23
    price $310,000 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

17. 2025-03-23
    price $304,900 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

18. 2025-02-18
    price $310,000 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

19. 2024-12-19
    price $315,000 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

20. 2024-11-14
    listed $324,900 Active 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

21. 2024-10-27
    historical $324,900 1855-char remark

    Show marketing remark (1855 chars)

    Welcome to 35153 Wright Way in Plantation Lakes by Lennar. As you step inside this end unit townhome, you will be greeted by a two-story foyer which is adorned with beautiful Luxury Vinyl Planked floors that lead to the first-floor bonus room. This versatile space that can be utilized as a family room or a flex area, ideal for a home office or even a future third bedroom. The oversized slider doors lead to a private fenced in yard which is perfect for entertaining. The home backs up to common space with unobstructed views. On the second level you will encounter open concept living with lots of windows which create an abundance of light streaming through the kitchen sliders leading to a composite deck. The gourmet kitchen is a chef's dream, featuring granite countertops, a pantry, a gas range, an island, and stainless-steel appliances. The primary bedroom and ensuite with spacious walk-in closet, an additional bedroom and bathroom, and a laundry closet complete the third level. Throughout the main areas, you will find LVP floors, while the bathrooms feature ceramic tile, and the bedrooms have comfortable carpets. A community center with swimming pool is near this home. Plantation Lakes is a resort style community featuring an 18-hole Arthur Hills Championship golf course, tennis & pickleball courts, a large club house with a pro shop, miles of walking trails, two outdoor pools and splash fountain, fitness center & yoga rooms. The clubhouse and award-winning restaurant, The Landing Bar & Grille, are open to the public for lunch and dinner. The bar has large screen TVs and an outdoor patio space with firepit. And the ballroom is available for events. Reasonable HOA fees cover lawn care and access to these amenities. All of this is just 17 miles from the Delaware beaches. Professional Pictures are coming soon!

22. 2021-02-12
    soldstatus $238,190

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,226
• − Mortgage interest: −$16,799
• − Property taxes: −$4,498
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,258
• − Management: −$2,258
• − HOA: −$2,196
• − Depreciation: −$8,724
• Taxable loss: −$10,008
• Est. tax savings @ 24.0%: +$2,402
• After-tax cash flow: $-2,366/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Indian River School District
• NCES district ID: 1000680
• Math proficiency: 25% ▼ -27.00%
• Reading proficiency: 41% ▼ -17.00%
• Median HH income: $53,838
• Composite: 28.99/100
• National rank: #6620
• State rank: #14 of 26 in DE

Livability — Millsboro

• Score: 66/100
• State rank: #44
• US rank: #12135

Category grades

Amenities D- Commute F Cost of living B+ Crime D- Employment C Housing A Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Millsboro, DE
• County: Sussex County · 82,708 people
• Metro: Salisbury, MD-DE
• Population (ZIP): 35,884
• Household income: $78,305
• Rent vs Own: 17.8% rent · 82.2% own
• Severe rent burden: 464.0

Population outlook (Sussex County) Hauer SSP2

• Today (2025): 248,853 people
• By 2030: 264,464 · +6.3%
• By 2040: 290,980 · +16.9%
• By 2050: 311,259 · +25.1%
• By 2075: 352,488 · +41.6%
• By 2100: 367,406 · +47.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 11% Black 8% Two or more races 7% Native American 3% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 4% Slovak 2% Serbian 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 88% English-only · Spanish 9% Other Indo-European 1%

Political lean MEDSL · Sussex

• 2024 margin: R (+11.0) · D 43.9% · R 54.9% · Other 1.2%
• 2008→2024 swing: -2.4pp toward R · 2008: -8.6pp · 2024: -11.0pp
• All cycles: 2024: R+11.0 2020: R+11.2 2016: R+22.0 2012: R+13.0 2008: R+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.26%
• Current HPI: 268.5609
• Rent YoY: —
• Metro: Salisbury, MD-DE
• State GDP YoY: —
• F500 in state: 0

Price history

+25.9% since first listed

19 events — show timeline

• 2026-06-18 Listed $299,900 BRIGHT MLS
• 2026-06-04 Listing Removed — BRIGHT MLS
• 2026-05-29 Relisted — BRIGHT MLS
• 2026-05-04 Contingent — BRIGHT MLS
• 2026-04-25 Relisted — BRIGHT MLS
• 2026-04-03 Contingent — BRIGHT MLS
• 2026-04-02 Listed $310,000 BRIGHT MLS
• 2026-03-28 Coming Soon — BRIGHT MLS
• 2025-06-03 Sold (Public Records) $290,000 Public Records
• 2025-05-29 Sold (MLS) $290,000 BRIGHT MLS
• 2025-05-01 Pending — BRIGHT MLS
• 2025-03-24 Price Changed $304,900 BRIGHT MLS
• 2025-03-23 Price Changed $310,000 BRIGHT MLS
• 2025-03-23 Price Changed $304,900 BRIGHT MLS
• 2025-02-18 Price Changed $310,000 BRIGHT MLS
• 2024-12-19 Price Changed $315,000 BRIGHT MLS
• 2024-11-14 Listed $324,900 BRIGHT MLS
• 2024-10-27 Coming Soon $324,900 BRIGHT MLS
• 2021-02-12 Sold (Public Records) $238,190 Public Records

Property tax history

+44.1%/yr

Latest (2025): $584 · -42.4% YoY. Source: county tax records.