$625,000

33023 Conservation Dr Unit 97 Millsboro, DE 19966

The Peninsula Neighborhood

Estimated payment $3,790/month

Total Views 1,737
4 Beds
3.5 Baths
2,961 Sq Ft
$211 Price per Sq Ft

Highlights

  • 300 Feet of Waterfront
  • Beach
  • Access to Tidal Water
  • Boat Ramp
  • Golf Club
  • Sandy Beach

About This Home

Why wait to build, live your dream now!! The current owners have the top level “Reserve” membership, which means whoever buys this beauty could as well. This immediate access to the reserve level membership is truly a rare opportunity allowing you to skip the waiting list and be a “reserve level member” right away!! Make this gorgeous home and luxury lifestyle yours today. With almost 3000 sq ft, this 3 story 4 BRs, 3.5 baths, townhome has it all. The owners have done lots of updating, including new carpet on each level, a brand new roof in 2025, and both HVAC’s were replaced in 2024. The Malibu floor plan offers three spacious levels with multiple covered porches & balconies, a deck and a patio a gas fireplace in the family room and so much more. This versatile floor plan is ideal as year-round residence, 2nd home or as an investment property. Upon entering the main level, the impressive 10 foot ceilings are filled with soothing natural light throughout, creating an airy coastal vibe that will set a positive tone day in and day out, year round. The warmth and good energy continues as you enter the heart of this home, the large and stunning kitchen. A true gathering place and the perfect recipe for future memories with loved ones. Featuring a large island, granite countertops, butler's pantry, stainless steel appliances including a gas cooktop and double wall ovens. The kitchens thoughtful design and smart location off the large open family room space creates the ideal area for large gatherings, and yet is intimate and versatile enough for your day to day living. Additionally on the main level and unique to this inviting floor plan are multiple living rooms, dining spaces, covered balconies & a deck that when combined offer flexibility no matter the occasion or time of year.
The upper level features beautiful wooded views out the back from the expansive primary bedroom. The owners suite offers a comfortable sitting area and the large owners bath features a double sink vanity, walk in shower, separate tub and two large walk-in closets. The upper level also has 2 additional bedrooms, a full bath and a loft space. The loft area is a great flex space with its own balcony that could certainly be your at home office. The ground level is home to the en-suite, an ideal space for your parents, in-laws or guests while they are visiting. Here they can enjoy the large bedroom with its own private full bath, and walk-in closet. The adjacent ground floor living room makes this lower level space an excellent option for an extended stay by your loved ones or a great reading room for your favorite book, game night or make it a kids room. Out back is a brick patio with a natural gas hook-up for a grill. The oversized 2 car garage is a must have for your bikes, beach accessories and a convenient solution to your storage needs. This stunning home and floor plan is fun and functional no matter which level your on, who you are, or the shared living space you’re enjoying. Lawn and landscaping maintenance are provided by the HOA. The HOA also covers snow removal, trash removal, Verizon Fios high speed internet and cable, bay beach, pier, nature pavilion, Kayak launch, walking trails, 24-hour security and gated entrance. The Peninsula community is situated on 800 picturesque acres on the Indian River Bay and offers world-class amenities and stunning bay views. The clubhouse features a large restaurant with indoor and outdoor dining, billiards, wine, and game rooms, men and women's lounges, pro shop, putting greens, driving range, bocce courts, and the premier Jack Nicklaus golf course with a driving range. The adjacent Lakeside village is home to the fitness center with indoor, outdoor, and wave pool, weight room, hot tubs, sauna, spa room, game room, tennis, pickle-ball, dog park, community garden, nature center, bay beach, fishing pier and miles of walking trails. Enjoy year-round events and activities.

Listing Agent

Joe Cusato

(302) 567-7080 joe.a.cusato@gmail.com Samson Properties of DE, LLC Listed on: 12/04/2025

Samson Properties of DE, LLC

Co-Listing Agent

John Cusato Sr.

(302) 448-9394 jbcusato@yahoo.com Samson Properties of DE, LLC License #RS-0024628

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $995

Year Built

  • Built in 2005

Lot Details

  • 300 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Landscaped
  • No Through Street
  • Level Lot
  • Sprinkler System
  • Backs to Trees or Woods

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,961 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Loft
  • Storage Room
  • Views of Woods

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property near a bay
  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 60 Gallon+ Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 234-30.00-305.00-97

Community Details

Overview

  • $366 Recreation Fee
  • Association fees include cable TV, common area maintenance, fiber optics at dwelling, fiber optics available, high speed internet, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pier/dock maintenance, reserve funds, road maintenance, security gate, snow removal, trash
  • $750 Other One-Time Fees
  • Built by Miller & Smith
  • Peninsula Subdivision, Malibu Floorplan
  • Property Manager
  • Community Lake

Amenities

  • Common Area
  • Gift Shop
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Pool or Spa Combo
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$995

Year Built

Built in 2005

Lot Details

0

HOA Fees

$422 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Combination Dining/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Casement, Double Pane, Replacement, Screens
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 4, Kitchen, Family Room, Foyer, In-Law/AuPair/Suite, Laundry, Loft, Storage Room, Bathroom 3, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2961
  • Living Area Sq Ft: 2961
  • Price Per Sq Ft: 211.08
  • Above Grade Finished Sq Ft: 2961
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Hardiplank Type, Stick Built
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 953.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 623.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Billiard Room, Boat Dock/Slip, Boat Ramp, Cable, Club House, Common Grounds, Dining Rooms, Exercise Room, Fitness Center, Game Room, Gated Community, Gift Shop, Golf Club, Golf Course, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Party Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Sauna, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Fiber Optics At Dwelling, Fiber Optics Available, High Speed Internet, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 366.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise, Pool/Spa Combo

Fee Information

  • Other Fees: 750.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 0.50

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Cul-De-Sac, Landscaping, Level, No Thru Street, Premium
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Patio(s)
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Miller & Smith

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 895.00
  • Tax Annual Amount: 995.00
  • Assessor Parcel Number: 234-30.00-305.00-97
  • Tax Lot: 80
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Sandy Beach, Boat/Launch Ramp - Private

MLS Schools

  • School District Name: INDIAN RIVER

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $995 $31,500 $0 $31,500
2024 $1,350 $31,500 $0 $31,500
2023 $1,385 $31,500 $0 $31,500
2022 $1,371 $31,500 $0 $31,500
2021 $1,307 $31,500 $0 $31,500
2020 $1,247 $31,500 $0 $31,500
2019 $1,221 $31,500 $0 $31,500
2018 $1,233 $32,600 $0 $0
2017 $1,243 $32,600 $0 $0
2016 $1,095 $32,600 $0 $0
2015 $1,129 $32,600 $0 $0
2014 $1,112 $32,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2025 12/04/25 For Sale $625,000 0.0% $211 / Sq Ft
05/14/2024 05/14/24 Rented $2,400 0.0% --
04/27/2024 04/27/24 Under Contract -- -- --
04/16/2024 04/16/24 Price Changed $2,400 -33.3% $1 / Sq Ft
03/20/2024 03/20/24 For Rent $3,600 0.0% --
03/30/2022 03/30/22 Sold $480,000 -2.8% $182 / Sq Ft View Prior Sale
03/03/2022 03/03/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $494,000 -- $187 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Ward & Taylor Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DESU2101438

Bright MLS

APN: 234-30.00-305.00-97