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388 Bay Avenue Milford, DE $ 285,000
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388 Bay Avenue
$ 285,000
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388 Bay Avenue

Milford, DE, 19963
$ 285,000
Bedrooms2 Baths1.0 Sq 416

Monthly Estimate*

$ 1,968

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Single Family Home for sale in Milford, DE

for $285,000 with 2 bedrooms and 1 full bath. This 416 square foot home was built in 1954 on a lot size of 0.17.

Opportunity awaits in Slaughter Beach! Located just steps from the beach in a quiet coastal community, this property offers the potential to create a weekend getaway, fishing retreat, or coastal investment property. The home needs renovation, making it an opportunity for a buyer ready to roll up their sleeves and bring their vision to life. A wraparound porch extending along two sides of the home offers space to relax and enjoy the coastal setting. Imagine the possibilities for creating your own beach retreat in this peaceful seaside community. The neighboring property at 386 Bay Avenue is also being offered for sale by the same seller, creating an additional opportunity for buyers interested in acquiring both properties. This property is being sold as-is and requires renovation. The existing septic system is nonfunctional. Content is reliable but not guaranteed and should be independently verified (e.g., square footage may not be exact; visuals may be modified; school boundaries should be confirmed by school/district)

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Single Family Active

Price

$ 285,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,363

Style

Lot Size

0.17

Year Built

1954

Town/City

Milford

County/Region

Sussex

MLS | Web ID

DESU2122320
Features
General
Living Area 416
Sewer Gravity Sept Fld
Heating Baseboard - Electric
Cooling Window Unit(s) Whole House Fan
Utilities Electric Available Water Available
Possession Settlement
Roof Metal
Appliances Oven - Single
Zoning TN
Association Fee Includes None
Patio/Porch Features Enclosed Porch(es)
Architectural Style Other
Construction Materials Vinyl Siding
School District MILFORD
Year Built 1954
Electric 200+ Amp Service
Levels 1.5
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Residential
Association Amenities None
HOA N
Subdivision Name SLAUGHTER BEACH
Facing Direction East
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions From DE Route 1 take Route 36 East toward Slaughter Beach. Continue onto Slaughter Beach Road (Route 224) then turn left onto Bay Avenue. Home is on the left.
City MILFORD
Body of Water Slaughter Beach
Senior Community Y/N N
MLS Area Cedar Creek Hundred (31004)
Lot Size Units Square Feet
Lot Size Square Feet 7405.00
Tax Annual Amount 1363.0
Home Warranty Y/N N
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 685.1
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Bayblock
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision SLAUGHTER BEACH
Federal Flood Zone AE/VE
Association Recreation Fee N
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Interior
Interior Amenities Combination Kitchen/Dining
Heating Fuel Electric
Flooring Carpet Vinyl
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Replacement Wood Frame
Fireplace Y/N N
Above Grade Finished Area 416
Half Baths 0
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Exterior Amenities Outbuilding(s)
Pool No Pool
Water Source Public
Inclusions Furniture conveys
Type of Parking Off Street Other
Foundation Details Pillar/Post/Pier Block
Spa N
Water View Y/N N
Lot Size Acres 0.17
Water Body Type Ocean
Lot Size Source Assessor
Waterfront Y/N N
Door Features Sliding Glass
Horse Y/N N
Land Assessed Value 231700.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 388
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* Excluded Features
List By
Foraker Realty Co.

Broker

natehymanre@gmail.com

Email

Affordability Calculator

$2,082
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,968
Monthly Property Taxes
$114
Monthly Home Insurance
--
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
2342494 Elementary School
2326650 Middle School
Milford High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2026$285,000 Listed Price

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388 Bay Avenue, Milford, DE, 19963 is a Single Family Home for sale at $285,000 with 416 sqft and a lot size of 0.17. 388 Bay Avenue has 2 bedrooms, 1.0 baths, and was built in 1954. The property's zip code is 19963 which is in Milford, DE

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