NOT LISTED FOR SALE

29094 Frenchman Bay Dr Lewes, DE 19958

Estimated Value: $567,000 - $698,000

4 Beds
4.5 Baths
4,019 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $574,990 $143 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,716/month

86 Days on Market

Highlights

  • New Construction
  • 44.56 Acre Lot
  • 1 Fireplace
  • Love Creek Elementary School Rated A
  • Coastal Architecture
  • Great Room

About This Home

As of November 2023

Ready for November Move-In this new Construction Home is awaiting you in Acadia Landing, Lewes! Discover the charm of this brand-new construction masterpiece nestled within a new community in Lewes built by Lennar. This elegant home offers 4 bedrooms, 4.5 baths, a spacious fully finished basement, and the highly sought-after 3-car garage option. Luxury seamlessly blends with convenience in this home, designed to cater to your every need. Enjoy the ease of a quick move-in, complete with thoughtfully curated features that define modern living. Inside, the open-concept floor plan invites you to explore the spacious layout, ideal for both relaxation and entertainment. Designer selections adorn every corner, adding an elegant touch to your living experience. Indulge your culinary aspirations in the gourmet kitchen, boasting upgraded countertops, cabinetry, and lighting. Every meal preparation becomes a joyous occasion. But it doesn't end there! Step outside to a captivating outdoor living space that's sure to impress family and friends. The double-sided fireplace adds warmth and ambiance, while panoramic views of the community pond create a serene backdrop.Acadia Landing is more than just a community; it's a lifestyle choice. Located perfectly, you'll be able to savor everything that the charming town of Lewes offers.The community offers you with many amenities to stay active like the community pool, clubhouse, and tennis courts.
Your new dream home is just around the corner in Acadia Landing. Act now and be prepared to embrace the coastal lifestyle you've always envisioned!
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Last Agent to Sell the Property

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 08/25/2023

Monument Sotheby's International Realty

Co-Listed By

Kyle Hagan

Monument Sotheby's International Realty

Last Buyer's Agent

Amy Kellenberger

Berkshire Hathaway HomeServices PenFed Realty License #RS-0019891

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 44.56 Acre Lot
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,019 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Dining Room
  • Stainless Steel Appliances
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 234-11.00-1501.00

Community Details

Overview

  • $3,100 Capital Contribution Fee
  • Built by Lennar
  • Acadia Landing Subdivision, Camelot Basement Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,959

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$168 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Window Features: Insulated
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Great Room, Laundry, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4019
  • Living Area Sq Ft: 4019
  • Price Per Sq Ft: 143.07
  • Above Grade Finished Sq Ft: 4019
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29094

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 168.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 3100.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 44.56
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1941034.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Lennar

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 75.00
  • Tax Annual Amount: 83.00
  • Assessor Parcel Number: 234-11.00-1501.00
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/30/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 30, 2023
Sold by
Lennar
Bought by
Khoury Ibrahim Nicolas and Dirani Chirin
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Amy Kellenberger
Berkshire Hathaway HomeServices PenFed Realty
List Price
$574,990
Sold Price
$574,990
Views
153
Current Estimated Value
$626,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,188
Avg. Annual Appreciation
4.94%
Original Mortgage
$459,990
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Khoury Ibrahim Nicolas $574,990 Spn Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Ibrahim Nicolas $469,442
Closed Khoury Ibrahim Nicolas $459,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $574,990 0.0% $143 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $574,990 0.0% $143 / Sq Ft
11/02/2023 11/02/23 For Sale $574,990 -10.2% $143 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $639,990 -- $159 / Sq Ft
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 $1,959 $0 $0 $0
2023 $86 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046802

Bright MLS

APN: 234-11.00-1501.00