$525,000

Lot 10 Possum Point Rd Millsboro, DE 19966

Estimated payment $2,879/month

Total Views 12,568
4.86 Acres
$108,025 Price per Acre
211,702 Sq Ft Lot

Highlights

  • 300 Feet of Waterfront
  • River View
  • Stream or River on Lot
  • Selbyville Middle School Rated A-
  • 4.86 Acre Lot
  • No HOA

About This Lot

4.86 Acres with Stunning Indian River Views – Endless Possibilities in Millsboro, DE!

Imagine waking up to breathtaking views of the Indian River, relaxing on your deck or patio as the afternoon sun sets over the water. This expansive 4.86-acre lot offers the perfect setting to build your dream home, designed to maximize the serene natural beauty surrounding you. With ample space for outdoor living, you can create the ultimate retreat—whether it's a sprawling deck for entertaining, a cozy fire pit for evening gatherings, or lush gardens that blend seamlessly with the landscape.

But the possibilities don’t stop there! With potential for subdivision, this property could offer exciting investment opportunities or the chance to create a family compound. The expired site evaluation approval is on file for a gravity septic system, making your vision even easier to bring to life.

Just imagine the possibilities—your dream home, your investment, your future—all with stunning river views. Don’t miss this rare opportunity to own a piece of paradise. Contact us today to explore all this incredible property has to offer!

Listing Agent

Josette Castiglione

Monument Sotheby's International Realty License #RS-0023858 Listed on: 03/28/2025

Monument Sotheby's International Realty

Co-Listing Agent

Stephen Castiglione

Monument Sotheby's International Realty License #RS0037855

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $283

Lot Details

  • 4.86 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned GR

Additional Features

  • River Views
  • Site Evaluation on File

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-10.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Canoe or Kayak Water Access
  • River Nearby
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$283

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Remarks Public: 4.86 Acres with Stunning Indian River Views – Endless Possibilities in Millsboro, DE! Imagine waking up to breathtaking views of the Indian River, relaxing on your deck or patio as the afternoon sun sets over the water. This expansive 4.86-acre lot offers the perfect setting to build your dream home, designed to maximize the serene natural beauty surrounding you. With ample space for outdoor living, you can create the ultimate retreat—whether it's a sprawling deck for entertaining, a cozy fire pit for evening gatherings, or lush gardens that blend seamlessly with the landscape. But the possibilities don’t stop there! With potential for subdivision, this property could offer exciting investment opportunities or the chance to create a family compound. The expired site evaluation approval is on file for a gravity septic system, making your vision even easier to bring to life. Just imagine the possibilities—your dream home, your investment, your future—all with stunning river views. Don’t miss this rare opportunity to own a piece of paradise. Contact us today to explore all this incredible property has to offer!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.48
  • Street Number Modifier: Lot 10

Exterior Features

  • Construction Completed: No
  • View: River, Water
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

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: 4.86
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 211702.00
  • Year Assessed: 2024
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 253.00
  • Tax Annual Amount: 283.00
  • Assessor Parcel Number: 233-01.00-10.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $525,000 -4.5% --
03/28/2025 03/28/25 For Sale $550,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2082072

Bright MLS