278 Otter Way Frederica, DE $ 450,000
278 Otter Way
$ 450,000
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278 Otter Way

Frederica, DE, 19946
$ 450,000
Bedrooms5 Baths3.1 Sq 3,229

Monthly Estimate*

$ 2,841

278 Otter Way, Frederica, DE 19946 - Image 1

Single Family Home for sale in Frederica, DE

for $450,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,229 square foot home was built in 2005 on a lot size of 0.55.

Welcome to 278 Otter Way, where spacious, bright living areas, a finished walkout basement, and a private backyard built for enjoyment offer room to settle in and spread out. Just off the entry, a flexible room works beautifully as a formal living room or home office. A separate dining room leads to the kitchen, where all-new stainless steel appliances and a generous island make meal preparation and gathering easy. Luxury vinyl plank flooring extends throughout the main level, and a natural gas fireplace anchors the sun-filled great room. The home offers five bedrooms and three and a half baths, including a bedroom and full bath in the finished walkout basement. The basements expansive open area is ready for a media room, home gym, recreation space, or a combination of all three. Outside, a new awning adds shade to the deck overlooking the fenced backyard. A hot tub creates an inviting place to relax, while the generous lot leaves plenty of space for gardening and outdoor activities. Located in Fredericas Otter Run community just minutes from Route 1, this home offers convenient access to Dover and the Delaware beaches. Schedule a private tour to see all that 278 Otter Way has to offer!

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Single Family Coming Soon

Price

$ 450,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 1,509

Style

Contemporary

Lot Size

0.55

Year Built

2005

Town/City

Frederica

County/Region

Kent

MLS | Web ID

DEKT2051128

Features
General
Living Area 3229
Sewer Gravity Sept Fld
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Roof Architectural Shingle
Appliances Stainless Steel Appliances
Zoning AC
HOA Fee 275.00
Garage Spaces 2.00
Architectural Style Contemporary
Construction Materials Stick Built
School District LAKE FOREST
Exclusions Personal property Washer and Dryer
Year Built 2005
Levels 2
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
Assoc Fee Paid Per Annually
County KENT
New Construction N
Property Type Residential
HOA Y
Subdivision Name OTTER RUN
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status COMING SOON
Directions Barratts Chapel Road to Otter Way Home is located on the right.
City FREDERICA
Senior Community Y/N N
MLS Area Lake Forest (30804)
Lot Size Units Square Feet
Lot Size Square Feet 23827.00
Tax Annual Amount 1509.0
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 210.77
Acceptable Financing Cash Conventional FHA VA USDA
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision OTTER RUN
Tax Lot 1300-000
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Interior
Heating Fuel Natural Gas
Basement Fully Finished
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2135
Half Baths 1
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 1094
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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Exterior
Exterior Amenities Awning(s) Hot Tub Play Equipment
Pool No Pool
Fencing Vinyl
Water Source Public
Inclusions Hot tub. Shed.
Garage Features Garage - Front Entry
Type of Parking Attached Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 93.12 x 214.78
Lot Size Acres 0.55
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 109200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 278
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* Excluded Features
List By
Burns & Ellis Realtors

Broker

shalini@burnsandellis.com

Email

Affordability Calculator

$2,967
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2315485 Elementary School
2327565 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$450,000 Listed Price

Map


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278 Otter Way, Frederica, DE, 19946 is a Single Family Home for sale at $450,000 with 3,229 sqft and a lot size of 0.55. 278 Otter Way has 5 bedrooms, 3.1 baths, and was built in 2005. The property's zip code is 19946 which is in Frederica, DE