$878,700
SOLD AUG 25, 2025

31402 Point Dr Lewes, DE 19958

5 Beds
3 Baths
2,553 Sq Ft
0.38 Acres

Recently Sold

$344 Per Sq Ft

8% Below List Price

98 Days on Market

Highlights

  • 111 Feet of Waterfront
  • 1 Dock Slip
  • View of Trees or Woods
  • Lewes Elementary School Rated A
  • Pier
  • Open Floorplan

About This Home

As of August 2025

WATERFRONT RETREAT NEAR THE BEACH! Discover this beautiful waterfront home in Mill Pond Acres: a Lewes community bordering Red Mill Pond, only minutes from downtown Lewes and the beach! This 4+ bedroom home has plenty of room to entertain friends and family alike: an open floor plan with soaring vaulted ceiling in the living room with gas fireplace, eat-in kitchen, light-filled sun room overlooking the backyard and Red Mill Pond, private 1st floor owner's suite separate from the 3 additional bedrooms on the second level, sitting room that can easily covert to a 5th bedroom, and more - space for everyone! Enjoy serene water views from the expansive backyard or the private dock, and take your kayak out to explore the waters of Red Mill Pond. With no HOA fees and easy access to all the resort attractions, there is a lot to love! Plan a personal tour today of this slice of paradise

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 03/14/2025

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Merritt Cooch

(302) 562-7954 merritt@jacklingo.com Jack Lingo - Lewes License #RS-0023847

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 2003

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100.00 x 189.00 x 111.00 x 141.00
  • 111 Feet of Waterfront
  • Home fronts navigable water
  • Split Rail Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned AR-1

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Side Facing Garage

Property Views

  • Pond
  • Woods

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,553 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Corner Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a pond
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Pond
  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mill Pond Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-01.00-97.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,641

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Ring Doorbell. Original Doorbell will be put back on. Portable lights on the fence in the backyard
  • Inclusions: Freestanding Shelves in Garage
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Attic, Bathroom - Soaking Tub, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings, Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Sun/Florida Room, Laundry, Attic, Bonus Room, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2553
  • Living Area Sq Ft: 2553
  • Price Per Sq Ft: 348.57
  • Above Grade Finished Sq Ft: 2553
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Roof: Shingle
  • View: Pond, Trees/Woods
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Red Mill Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 111

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Split Rail
  • Lot Features: Landscaping, Front Yard, Pond, Rear Yard
  • Lot Size Acres: 0.38
  • Lot Dimensions: 100.00 x 189.00 x 111.00 x 141.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1493.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1641.00
  • Assessor Parcel Number: 334-01.00-97.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Jul 23, 2025
Sold by
Gretchen E Giese Revocable Trust and Giese Gretchen E
Bought by
Sinclair Michael and Sinclair Donna
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Merritt Cooch
Jack Lingo - Lewes
List Price
$959,900
Sold Price
$878,700
Premium/Discount to List
-$81,200
-8.46%
Views
215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Original Mortgage
$463,000
Outstanding Balance
$462,081
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$415,586

Purchase Details

Closed on
Oct 14, 2016
Sold by
Koebensky Gretchen E and Giese Gretchen E
Bought by
Gretchen E Giese Revocable Trust

Purchase Details

Closed on
Oct 10, 2016
Sold by
Koebensky Gretchen E and Giese Gretchen E
Bought by
Gretchen E Giese Revocable Trust

Purchase Details

Closed on
May 23, 2000
Bought by
Koebensky Gretchen E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $878,700 None Listed On Document
Deed -- None Available
Deed -- None Available
Deed $98,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $878,700 -1.3% $344 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $889,900 -1.1% $349 / Sq Ft
05/13/2025 05/13/25 Price Changed $899,900 -6.3% $352 / Sq Ft
03/14/2025 03/14/25 For Sale $959,900 -- $376 / 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
2025 $879 $33,300 $5,000 $28,300
2024 $1,641 $33,300 $5,000 $28,300
2023 $1,640 $33,300 $5,000 $28,300
2022 $1,583 $33,300 $5,000 $28,300
2021 $1,568 $33,300 $5,000 $28,300
2020 $1,563 $33,300 $5,000 $28,300
2019 $1,566 $33,300 $5,000 $28,300
2018 $1,462 $33,300 $0 $0
2017 $1,400 $33,300 $0 $0
2016 $1,330 $33,300 $0 $0
2015 $1,271 $33,300 $0 $0
2014 $1,262 $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2078808

Bright MLS

APN: 334-01.00-97.00