287 Bay Avenue Milford, DE $ 1,300,000
287 Bay Avenue
$ 1,300,000
Open House 11/14 11am - 1pm
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287 Bay Avenue

Milford, DE, 19963
$ 1,300,000
Bedrooms5 Baths3.0 Sq 2,503

Monthly Estimate*

$ 8,979

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View a Virtual Tour

Single Family Home for sale in Milford, DE

for $1,300,000 with 5 bedrooms and 3 full baths. This 2,503 square foot home was built in 1959 on a lot size of 0.29.

RARE TRUE BEACHFRONT! Exceptional multi-unit property directly on the Delaware Bay with ownership extending to the high-water line. Enjoy panoramic water views, dual beach access, and a peaceful coastal setting adjacent to Prime Hook National Wildlife Refuge. The property includes a 1,817 SF main residence plus a fully renovated 686 SF vacation-rental condo, offering an outstanding opportunity for personal use, extended family, or income generation. The main residence blends classic Cape Cod charm with modern refinement. Original hardwood floors, curated finishes, new landscaping, new decking, and a new carport complement thoughtfully designed outdoor spaces perfect for sunrise coffee and sunset reflection. The home's character and coastal setting create a warm, inviting retreat with exceptional water views. The separate 686 SF condo was completely renovated in 2023 and is being sold fully furnished and turnkey. Features include updated bathrooms, new hot water heaters, new A/C (202526), washer/dryer, and a game room. The condo is an established, high-performing Airbnb with a 4.98-star rating from 112 reviews and Guest Favorite designation, placing it among the top 1% nationally. The rental generates approximately $30,000 annually and has produced more than $92,000 in gross rental revenue from 20242026. Guests consistently highlight the property's cleanliness, comfort, quiet beach, and family-friendly setting. Recent improvements include new ASCEND composite siding (2025) with a transferable lifetime warranty, an EcoPod advanced septic system (blower replaced in 2024), separate electric meters, and active flood insurance. Property is located in Flood Zone VE. No HOA. A rare opportunity to own a fully updated Delaware Bay beachfront property with immediate rental income potential, multiple living spaces, exceptional water views, and direct beach access. --

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Open House

11/14/2026 11:00 AM - 1:00 PM
287 Bay Avenue Milford, DE
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,300,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Cape Cod

Lot Size

0.29

Year Built

1959

Town/City

Milford

County/Region

Sussex

MLS | Web ID

DESU2121008

Features
General
Living Area 2503
Sewer On Site Septic
Heating Forced Air
Cooling Ceiling Fan(s) Ductless/Mini-Split
Possession 0-30 Days CD
Zoning TN
Garage Spaces 1.00
Architectural Style Cape Cod
Construction Materials Combination
School District MILFORD
Year Built 1959
View Bay Panoramic Water
Levels 2
Ownership Fee Simple
Cool Fuel Electric
Waterfront Features Sandy Beach Shared
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade
Full Baths 3
Status ACTIVE
Directions East on Slaughter Beach Road turn right on Bay Avenue property on left
City MILFORD
Senior Community Y/N N
MLS Area Cedar Creek Hundred (31004)
Lot Size Units Square Feet
Lot Size Square Feet 12632.40
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 519.38
Vacation Rental Y/N N
Virtual Tour https://view.spiro.media/order/2b2b91a3-0081-4252-fd92-08df1573e9fe?version=121_051&branding=true
Location Type Bayfront
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2503
Half Baths 0
Central Air Y/N N
Total Bedrooms 5
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 4 Bedroom 5 Kitchen Bedroom 1 Recreation Room Bathroom 1 Bathroom 3 Primary Bathroom
Main Level Bedrooms 2
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Pool No Pool
Lot Features Fishing Available Other
Water Source Private
Garage Features Garage - Rear Entry
Type of Parking Detached Garage Driveway
Foundation Details Block
Water View Y/N Y
Lot Size Acres 0.29
Water Body Type Bay
Lot Size Source Estimated
Waterfront Y/N Y
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 287
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* Excluded Features
List By
Keller Williams Realty Central-Delaware

Broker

rosanna.81@live.com

Email

Affordability Calculator

$8,979
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Monthly Principal & Interest
$8,979
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2315210 Elementary School
2315212 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$1,300,000 Listed Price

Map


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287 Bay Avenue, Milford, DE, 19963 is a Single Family Home for sale at $1,300,000 with 2,503 sqft and a lot size of 0.29. 287 Bay Avenue has 5 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 19963 which is in Milford, DE