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$2,749,000   Price Analysis
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351 Bay Ave
Milford, DE 19963
4 bed 4 bath 6,400 SqFt ($429/SqFt)
1.26 acre lot. Built 1974
Listed 2024-06-29, Taxes $808
May be USDA loan restricted due to income limits
near Milford

Own a piece of Delaware History!!

This unique bay front property was originally part of the Slaughter Beach Hotel dating back to the late 1800's. The current owners ancestors bought this property 100 years ago and have enjoyed it through many generations! The large parcel includes 1.26 acres on the Delaware Bay with 175 feet of direct beach frontage. In 1981-83, Richard Johnson and Son Contractors were hired to completely renovate the home, by relocating and elevating it onto pilings to have a better Bay View. The former hotel was stripped down to the studs and completely rebuilt, leaving as many original features of the structure as possible (see the attached history) . It now stands 3.5 stories tall and includes, an elevator providing access to the first 3 floors, wrap around deck, living area off the kitchen, open floor plan with panoramic Delaware Bay views from each side of the home! The ground floor includes 2 living spaces as well as a second kitchen with a full bath and sauna, laundry, storage, whole house generator and new HVAC. The 2nd floor is the primary living, dining and kitchen area with a full bath. The 3rd floor provides 3 bedrooms - 2 of which have direct bay views and the 4th floor (former attic) boasts a open beam bay front loft bedroom with a private sun deck overlooking the Bay. The oversized climate controlled, detached garage with a finished office space and potential 2-story dwelling area provides extra conditioned living area and massive storage. The home was restained in early June. The elevator and whole house generator serviced and, every window in the home has been recently replaced with A-Series Anderson windows!

The heating and cooling systems in both home and garage have been recently replaced and upgraded, as well. Bathroom fixtures are also new! Slaughter Beach is incorporated as a town with their own fire department, beach pavilion, recreational park including tennis/pickleball courts, basketball courts, playground equipment and over sized public parking area. The Cedar Creek marina at the North end of town provides indoor boat storage, marine services and easy boating access to the Delaware Bay through the Mispillion Inlet, . The DuPnt Nature Center and public boat ramp are located across the Cedar Creek Bridge to the North. 4966-SL


Presented by Nick Carter at
JACK LINGO LEWES.


Property MLS #DESU2064330 from BrightMLS

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

2nd Kitchen
Ceiling Fan(s)
Elevator
Family Room Off Kitchen
Floor Plan - Open
Kitchen - Gourmet
Primary Bedroom - Bay Front
Sauna
Stall Shower
Store/Office
Studio
Walk-in Closet(s)

Built-In Range
Cooktop
Dishwasher
Disposal
Dryer
Icemaker
Microwave
Oven/Range - Electric
Refrigerator
Stove
Washer
Water Heater

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Waterfront
Water access
Waterfront Feet: 175

Lot Size Acres: 1.26
Lot Size Square Feet: 54885

Garage Spaces: 2
Garage Features: Additional Storage Area, Garage - Front Entry, Oversized
Parking Features: Asphalt Driveway, Attached Garage Spaces: 2, Driveway Spaces: 6, Attached Garage
Parking Total: 8

View: Bay, Panoramic, Water

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: BANNEKER
High School: MILFORD
Middle School: MILFORD
School District: MILFORD

Ross (Lulu M.) Elementary School is a public elementary school located approximately 6.1 miles away.
directions icon Map directions

Milford Central Academy is a public middle school located approximately 6.7 miles away.
directions icon Map directions

Milford Senior High School is a public high school located approximately 6.8 miles away.
directions icon Map directions

Kids First Academy is a private elementary, middle and high school located approximately 4.7 miles away.
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Annual Tax Amount: 2660.0
Source Listing Status: Active
County: SUSSEX
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: SUSSEX
Source Neighborhood: SLAUGHTER BEACH
Postal Code Plus 4: 4910
Subdivision: SLAUGHTER BEACH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$18,900 + $5,000
$23,900
$808
2021$18,900 + $5,000
$23,900
$923
2020$18,900 + $5,000
$23,900
$928
2019$18,900 + $5,000
$23,900
$938
2018$18,900 + $5,000
$23,900
$945
2017$18,900 + $5,000
$23,900
$962
2016$18,900 + $5,000
$23,900
$975
2015$18,900 + $5,000
$23,900
$611
2013$18,900 + $5,000
$23,900
$597
2012$unknown + $unknown
$23,900
$579
2011$unknown + $unknown
$23,900
$605

Listed 2024-06-29
$2,749,000
BrightMLS

Total Square Feet Living: 1054
Year Built: 1974
Above Grade Finished Area: 6400
Construction Materials: Frame
Property Age: 50
Levels or Stories: 3.5
Structure Type: Detached
House Style: Coastal, Contemporary, Craftsman
Total Area Sqft: 6400
Elevator: Yes

2+ Access Exits
Elevator
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.