$555,900 Price Analysis 32434 Free Drop Way Unit 3174Millsboro, DE 19966 6 bed 4 bath 3,345 SqFt ($166/SqFt) 4,000SqFt lot. Built 2003 Listed 2024-06-05, HOA $1 | ✓ USDA Eligible near Millsboro, DE Restrictions may apply due to home size |
The original owners completed a major renovation in 2009 that added an estimated 1, 600 sq.ft. and included separate electrical panels for the first and second floor with each floor having its own Rinai tankless hot water heater. The first floor includes a large living room with fireplace, hardwood floors, an ensuite master bedroom with full bath, shower and whirlpool tub and two additional bedrooms with full bath. The first floor also includes a gorgeous four-seasons room that leads to a backyard with extensive hrdscaping and a built-in gas grill. The four-seasons room, upper rear balcony and backyard provide outstanding views of the golf course. The second floor offers additional living space including a second living room area, a large rec room, kitchette and a second en suite master bedroom with full bath and whirlpool tub plus two additional bedrooms and second full bath. Both floors have a built-in sound system and attractive crystal ceiling fans/lighting fixtures wherein the ceiling fan blades retract. This home is perfect for entertaining and Baywood (known as the Augusta of the North) is the premier public golf course in the northeast. For golfers, there are several area golf leagues that play at several area courses at significantly reduced costs. Why pay high initiation fees, monthly dues and guest fees for friends and family to belong to an area country club and play the same course all the time. At Baywood, you and your family and friends receive a 25% discount on greens fees and preferred tee times. Other Baywood amenities include a large, life-guarded two tier in-ground pool, playground for the kids, bocce, tennis/pickleball, fantastic bass fishing in community ponds, dog park, community center with exercise facilities and a beautiful clubhouse. Residents and their guests receive discounts at the outstanding Clubhouse restaurant, operated by SoDel, the leading restauranteur in Southern Delaware. Baywood residents also have the opportunity to use the amenities at the sister communities on the Indian River Bay including sandy bay beaches, reduced price boat slips, restaurants, boat ramps, kayaking/paddleboarding/canoeing, playgrounds, fishing, etc. Please take the time to compare Baywood, with its land lease fees, to pricing for comparble homes in nearby private golf course communities. Currently there are 6 such comps to the home on Free Drop Way. And, those homes range in price from $889K to $1.150M and have 5 bedrooms and 3.5 baths. Those private golf course communities have relatively high initiation fees and monthly dues. So, along with paying over $340K more for a comparabl e home and having fewer amenities, you'll find that Baywood's land lease is a significant bargain. Grab your clubs and the family and come join the fun at Baywood!
Multigenerational home purchase deed permissible and this home is perfect for a mother-daughter or family with an in-law suite either upstairs or downstairs.
Presented by WALLING, PETER at
Berkshire Hathaway HomeServices PenFed Realty.
Property MLS #DESU2062448 from BrightMLS
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.