$575,000
SOLD FEB 27, 2025
3 Beds
2 Baths
1,903 Sq Ft
3,240 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

4% Below List Price

215 Days on Market

Highlights

  • Beach
  • Bar or Lounge
  • Gourmet Kitchen
  • Golf Club
  • Fitness Center
  • Gated Community

About This Home

As of February 2025

New Price!! Luxury living on the greens! Strikingly situated on a lot surrounded by lush landscaping and open green space, this 3 bedroom, 2 bathroom home boasts a large loft that can be used as a second living area, and is move-in ready! Live the good life at The Peninsula - a world-class gated golf community located in Long Neck, Delaware. Crafted with meticulous attention to detail, this residence exudes a blend of coastal elegance and timeless sophistication; from the two-story great room with a stone gas fireplace to the expansive rear deck, every corner exudes luxury and comfort. The gourmet kitchen is a chef's delight, featuring high-end appliances, custom backlit cabinetry and a spacious island. The upstairs loft overlooks the living area and holds a large walk-in storage space. The primary bedroom and laundry are both located on the first floor and there is an oversized, insulated 2 car garage. As a resident of The Peninsula, you'll enjoy exclusive access to world-class amenities, including an award-winning Jack Nicklaus golf course, tennis and pickle ball courts, swimming pools, a fitness center, a nature center and walking trail, a fine dining establishment and more. Located just minutes from Rehoboth and the other Delaware beaches and premium outlet shopping centers, this home offers the perfect blend of tranquility and convenience. Schedule your private tour today and experience the epitome of luxury living on the greens.

Last Agent to Sell the Property

Dustin Oldfather

Compass License #RS-0017091 Listed on: 06/05/2024

Compass

Co-Listed By

April Armstrong

Compass License #0039159

Last Buyer's Agent

Jim Lattanzi

Northrop Realty License #RS-0020210

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 2020

Lot Details

  • 3,240 Sq Ft Lot
  • South Facing Home
  • Backs to Trees or Woods
  • Property is zoned MR

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Mud Room
  • Great Room
  • Dining Room
  • Loft
  • Views of Woods
  • Crawl Space
  • Surveillance System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Long Neck Elementary School
  • Millsboro Middle School
  • Indian River High School

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Appliances

Listing and Financial Details

  • Assessor Parcel Number 234-30.00-316.03-1

Community Details

Overview

  • $351 Recreation Fee
  • $600 Capital Contribution Fee
  • Association fees include security gate, common area maintenance, custodial services maintenance, pier/dock maintenance, road maintenance, snow removal, trash, lawn maintenance
  • $350 Other One-Time Fees
  • The Peninsula Community Association
  • Built by Schell Brothers
  • Peninsula Subdivision, Orchid Floorplan
  • Peninsula Community
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Billiard Room
  • Party Room
  • Bar or Lounge

Recreation

  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Dog Park
  • Jogging Path

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 2020

Lot Details

0

HOA Fees

$452 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Some decorative items in the home.
  • Historic: No
  • Inclusions: light fixtures, all furniture in the home (some photos are "virtually furnished")
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: New Price!! Luxury living on the greens! Strikingly situated on a lot surrounded by lush landscaping and open green space, this 3 bedroom, 2 bathroom home boasts a large loft that can be used as a second living area, and is move-in ready! Live the good life at The Peninsula - a world-class gated golf community located in Long Neck, Delaware. Crafted with meticulous attention to detail, this residence exudes a blend of coastal elegance and timeless sophistication; from the two-story great room with a stone gas fireplace to the expansive rear deck, every corner exudes luxury and comfort. The gourmet kitchen is a chef's delight, featuring high-end appliances, custom backlit cabinetry and a spacious island. The upstairs loft overlooks the living area and holds a large walk-in storage space. The primary bedroom and laundry are both located on the first floor and there is an oversized, insulated 2 car garage. As a resident of The Peninsula, you'll enjoy exclusive access to world-class amenities, including an award-winning Jack Nicklaus golf course, tennis and pickle ball courts, swimming pools, a fitness center, a nature center and walking trail, a fine dining establishment and more. Located just minutes from Rehoboth and the other Delaware beaches and premium outlet shopping centers, this home offers the perfect blend of tranquility and convenience. Schedule your private tour today and experience the epitome of luxury living on the greens.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Oven - Wall, Dishwasher, Disposal, Energy Efficient Appliances, Refrigerator, Icemaker, Washer, Dryer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, Loft, Mud Room, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2036
  • Living Area Sq Ft: 1903
  • Price Per Sq Ft: 314.77
  • Above Grade Finished Sq Ft: 1903
  • Above Grade Unfinished Sq Ft: 133
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32953

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • 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: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 994.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 363.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sailside Villa Condominium Association
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Billiard Room, Club House, Common Grounds, Dog Park, Exercise Room, Fitness Center, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Party Room, Pool - Indoor, Pool - Outdoor, Putting Green, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Security Gate, Common Area Maintenance, Custodial Services Maintenance, Pier/Dock Maintenance, Road Maintenance, Snow Removal, Trash, Lawn Maintenance
  • HOA Name: THE PENINSULA COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 351.00
  • Association Recreation Fee: Yes

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 600.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LONG NECK
  • Middle School: MILLSBORO
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LONG NECK
  • High School: INDIAN RIVER
  • Middle Or Junior School: MILLSBORO

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3240.00
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Schell Brothers

Rental Info

  • Furnished: Partially
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1194.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1338.00
  • Assessor Parcel Number: 234-30.00-316.03-1
  • Tax Total Finished Sq Ft: 272
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/27/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Feb 27, 2025
Sold by
Iris Cinquemani Revocable Living Trust and Cinquemani Iris
Bought by
Acheson Doria Ann
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Jim Lattanzi
Northrop Realty
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$275,000
Outstanding Balance
$274,746
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$315,882

Purchase Details

Closed on
Sep 15, 2023
Sold by
Cinquemani Iris
Bought by
Iris Cinquemani Revocable Living Trust and Cinquemani

Purchase Details

Listed on
Mar 27, 2020
Closed on
Sep 23, 2020
Sold by
Oa Bp Marina Bay Lk Llc
Bought by
Cinquemani Dominick and Cinquemani Iris
Seller's Agent
Paul Maltaghati
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$389,900
Sold Price
$484,635
Premium/Discount to List
$94,735
24.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Source: Public Records

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Range of Values:

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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 $575,000 None Listed On Document
Deed $575,000 None Listed On Document
Deed -- None Listed On Document
Deed $484,635 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Closed $275,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $595,000 +3.5% $326 / Sq Ft
02/27/2025 02/27/25 Sold $575,000 -4.0% $302 / Sq Ft
01/03/2025 01/03/25 For Sale $599,000 0.0% $315 / Sq Ft
01/02/2025 01/02/25 Off Market $599,000 -- --
12/02/2024 12/02/24 Price Changed $599,000 -6.3% $315 / Sq Ft
09/16/2024 09/16/24 Price Changed $639,000 -1.5% $336 / Sq Ft
07/17/2024 07/17/24 Price Changed $649,000 -4.4% $341 / Sq Ft
06/20/2024 06/20/24 Price Changed $679,000 -2.9% $357 / Sq Ft
06/05/2024 06/05/24 For Sale $699,000 +44.2% $367 / Sq Ft
09/23/2020 09/23/20 Sold $484,635 +24.3% $255 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $389,900 -- $205 / 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 $1,352 $0 $0 $0
2023 $1,362 $0 $0 $0
2022 $1,341 $0 $0 $0
2021 $1,325 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2063808

Bright MLS

APN: 234-30.00-316.03-1