278 Otter Way
FREDERICA, DE 19946
- 5 beds
- 4 baths
- 3,229 sqft
- ~1/2 acre lot
- $139 per sqft
- 2005 build
Welcome to 278 Otter Run, nestled in the peaceful community of Otter Run in Frederica! This spacious home is perfect for families or hosting guests, with five bedrooms and three and a half bathrooms. Inside, there’s so much to love—a front flex room, a cozy dining room, a kitchen with a great island, and a large living room complete with a natural gas fireplace. The first floor features stylish LVP flooring throughout, giving it a modern yet comfortable feel. The finished walkout basement is a real treat! It includes a bedroom, a full bath, and tons of extra space that’s perfect for a home theater, gym, or whatever suits your lifestyle. And when you step outside, the backyard is ready for fun and relaxation with a large deck, a hot tub, and a fire pit—great for unwinding or entertaining friends and family. The spacious lot gives you plenty of room to garden, play, or soak up the peaceful surroundings. Centrally located just minutes from Route One, this home offers quick access to restaurants and attractions. Head south for a short drive to the beautiful beaches of Lewes and Rehoboth, or head north to Dover and Wilmington. This home is the perfect mix of comfort and convenience, with everything you need for modern living. Don’t wait to make 278 Otter Run your new home; get in touch today to schedule your private tour!
Last checked:
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Last updated May 8, 2025
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MLS# DEKT2037260 —
The Building
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Year Built:2005
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Year Built Source:Assessor
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Stick Built
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Building Name:None Available
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Structure Type:Detached
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Architectural Style:Contemporary
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Levels:2
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Assessor
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Total Below Grade SqFt:1094
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2135
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Finished SqFt:1094
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:3229
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3229
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Living Area SqFt:3,229 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA, USDA
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Possession:0-30 Days CD, 31-60 Days CD
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Lease Considered:No
Location
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Directions:Use GPS
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Latitude:39.03255844
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Longitude:-75.49718475
The Property
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Property Type:Residential
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.55
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Lot Size Source:Assessor
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Lot Size Dimensions:93.12 x 214.78
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Lot Dimensions Source:Assessor
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Lot SqFt:23,827 Sqft
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Inclusions:Hot tub. Shed.
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Exclusions:Personal property, Washer and Dryer
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Zoning:AC
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 678-4300
- Office phone:
- (302) 678-4300
Taxes
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Tax ID Number:SM-00-12104-01-1300-000
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Tax Year:2024
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Tax Lot:1300-000
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Tax Annual Amount:$1,509
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Tax Assessed Value:$420,700
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Year Assessed:2024
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School Tax:1134.0
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County Tax:240.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:4
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Upper Level 1 Bedrooms:4
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Lower Level Bedrooms:1
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Lower Level Bedrooms:1
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:2
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Lower Level Full Baths:1
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Upper Level Total Baths:2
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Upper Level Total Baths:2.00
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All Lower Levels Total Baths:1
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Lower Level Total Baths:1.00
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Upper Level Full Baths:2
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Lower Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Gravity Sept Fld
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Hot Water:Natural Gas
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Water Source:Private/Community Water
Schools
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School District Name:Lake Forest
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School District Source:Listing Agent
The Community
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Subdivision Name:Otter Run
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Senior Community:No
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Pool:No Pool
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HOA:Yes
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Condo/Coop Association:No
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HOA Fee:$264
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HOA Fee Frequency:Annually
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Front Entry
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Garage Spaces:2.00
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Type of Parking:Attached Garage
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# of Attached Garage Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$449,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,404
|
Taxes | $125 |
Insurance | $123 |
Utilities | $188 See report |
Total | $2,840/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/7/25
May 7, 2025
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Listed / Active | BRIGHT | $449,000 |