27992 Possum Point Road
MILLSBORO, DE 19966
- 2 beds
- 1 bath
- 576 sqft
- 15,682 sqft lot
- $434 per sqft
- 1941 build
Welcome to this 2-bedroom, 1-bath home nestled just outside of Millsboro, offering direct water access off Indian River Bay. Constructed with beautiful red wood, this estate sale property is a rare find for those looking to create their dream retreat, starter home, or a cozy place to downsize.. The property is being sold as-is and does need some work, but it’s full of potential. Enjoy peaceful mornings by the water and the charm of a quiet, established setting. Whether you're envisioning weekend getaways or year-round living, this home offers a fantastic canvas to make it your own. Don’t miss out on this unique opportunity to own waterfront property at a great value!
Last checked:
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Last updated May 20, 2025
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MLS# DESU2086474 —
The Building
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Year Built:1941
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Year Built Source:Estimated
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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:Cottage
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Levels:1
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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:Unfinished
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Total SqFt Source:Estimated
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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:576
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Above Grade Finished SqFt Source:Estimated
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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 Unfinished SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:576
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Living Area SqFt:576 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:61-90 Days CD, 90-120 Days CD
Location
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Directions:GPS
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Latitude:38.58336000
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Longitude:-75.26301000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.36
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Lot Size Source:Assessor
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Lot Size Dimensions:100.00 x 160.00
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Lot Dimensions Source:Assessor
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Lot SqFt:15,682 Sqft
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Zoning:GR
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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:Yes
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Water Oriented:Yes
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Water Access:Yes
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Water Body Type:Bay
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Navigable Water:Yes
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Water Frontage In Feet:75
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Land Use Code:999
Listing Agent
- Contact info:
- Agent phone:
- (302) 278-5591
- Office phone:
- (302) 217-6692
Taxes
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Tax ID Number:233-01.00-52.00
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Tax Year:2024
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Tax Annual Amount:$95
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Year Assessed:2024
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School Tax:85.0
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County Tax:9.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1.00
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Main 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:Electric
Utilities
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Sewer/Septic:On Site Septic
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Hot Water:Electric
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Water Source:Well
Appliances
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Appliances:Washer, Dryer, Stove, Refrigerator
Schools
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School District Name:Indian River
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$250,000
Expense | Monthly cost |
---|---|
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. |
$1,338
|
Taxes | $7 |
Insurance | $68 |
Utilities | $145 See report |
Total | $1,558/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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5/20/25
May 20, 2025
|
Listed / Active | BRIGHT | $250,000 |