NOT LISTED FOR SALE

27291 18th Blvd Millsboro, DE 19966

The Peninsula Neighborhood

Estimated Value: $570,978 - $1,709,000

0.2 Acre
$6,173,725 Price per Acre
8,918 Sq Ft Lot

Last Sold November 22, 2022

Last sale price $680,000

Est. 82% increase in value since last sale

Current estimated payment $7,291/month

36 Days on Market

Highlights

  • Water Oriented
  • Property is near a creek
  • Creek or Stream
  • Panoramic View

About This Lot

As of November 2022

Beautiful Lot “18th on the Bay” located in the prestigious community of The Peninsula
on the Indian River Bay Golf and Country Club. This lot overlooks the 18th hole of the
private, Jack Nicklaus designed - Award winning Peninsula Golf Course, with
spectacular views of Lingo Creek and the Indian River Bay. NO BUILDER TIE - IN!
This is one of only a few lots purchased directly from the developer, however there is a builder's incentive being offered by Schell Brothers.

The Peninsula has it all with a championship golf experience, professional-designed
tennis and pickleball venue, full service spa and gym, 3 pools (4th is coming soon), First
class Clubhouse with restaurant, and an array of children’s activities. When you are
ready to wind down, enjoy a meal or cocktail around the pool or Terrace Grill, relax at
the scenic beach and pier or have a first class dining experience in the clubhouse. The
Peninsula on the Indian River Bay Golf and Country Club is truly a resort-style
community and it's all within walking distance of your front door.

The property is Lot #141 and is also known as 27291 Blue Crab Ave, Millsboro DE 19966

Last Agent to Sell the Property

Dustin Parker

The Parker Group License #672690 Listed on: 09/29/2022

Co-Listed By

Taylor Tallarico

Keller Williams Realty

Last Buyer's Agent

Richard Polite

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $203

Lot Details

  • 8,918 Sq Ft Lot
  • Creek or Stream
  • Property is zoned MR

HOA Fees

  • $263 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Creek or Stream

Location

  • Flood Risk
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 234-30.00-447.00

Community Details

Recreation

  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$203

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Expected On Market: 2022-10-12
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful Lot “18th on the Bay” located in the prestigious community of The Peninsula on the Indian River Bay Golf and Country Club. This lot overlooks the 18th hole of the private, Jack Nicklaus designed - Award winning Peninsula Golf Course, with spectacular views of Lingo Creek and the Indian River Bay. NO BUILDER TIE - IN! This is one of only a few lots purchased directly from the developer, however there is a builder's incentive being offered by Schell Brothers. The Peninsula has it all with a championship golf experience, professional-designed tennis and pickleball venue, full service spa and gym, 3 pools (4th is coming soon), First class Clubhouse with restaurant, and an array of children’s activities. When you are ready to wind down, enjoy a meal or cocktail around the pool or Terrace Grill, relax at the scenic beach and pier or have a first class dining experience in the clubhouse. The Peninsula on the Indian River Bay Golf and Country Club is truly a resort-style community and it's all within walking distance of your front door. The property is Lot #141 and is also known as 27291 Blue Crab Ave, Millsboro DE 19966
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 78.38
  • Street Number Modifier: 27291

Exterior Features

  • Construction Completed: No
  • View: Golf Course, Panoramic, Creek/Stream
  • Water Access: No
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 788.00
  • HOA Fee Frequency: Quarterly
  • HOA: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8918.00
  • Possible Use: Residential
  • Year Assessed: 2022
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 25217081
  • School Tax: 181.00
  • Tax Annual Amount: 203.00
  • Assessor Parcel Number: 234-30.00-447.00
  • Tax Lot: 141
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/22/2022

Multi Family

  • Federal Flood Zone: A

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 21, 2022
Sold by
Prochaska Steven C
Bought by
Richard And Pamela Gilman Living Trust
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Richard Polite
Keller Williams Realty
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
44
Current Estimated Value
$1,234,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,745
Avg. Annual Appreciation
24.29%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richard And Pamela Gilman Living Trust $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livi Richard $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $680,000 -2.7% --
11/04/2022 11/04/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $699,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,507 $0 $0 $0
2023 $207 $0 $0 $0
2022 $203 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Parker

    Seller's Agent in 2022

    Dustin Parker

    The Parker Group

    (302) 483-7688

    3 in this area

    830 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Taylor Tallarico

    Keller Williams Realty

    (302) 519-5350

    1 in this area

    95 Total Sales

    Section Image
  • Richard Polite

    Buyer's Agent in 2022

    Richard Polite

    Keller Williams Realty

    (302) 448-6825

    1 in this area

    82 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2030050

Bright MLS

APN: 234-30.00-447.00

Delaware Sussex County Millsboro 19966 The Peninsula

27291 18th Blvd, Millsboro, DE

This home is located at 27291 18th Blvd, Millsboro, DE 19966 since 29 September 2022 and is currently estimated at $1,234,745. 27291 18th Blvd is a home located in Sussex County with nearby schools including Long Neck Elementary School, Millsboro Middle School, and Sussex Central High School.

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