360 Bay Ave, Milford, De 19963
$699,9004 Bed
2 Bath
Great opportunity! Unique beach property zoned COMMERCIAL/ RESIDENTIAL with Lots of updates. Investors: Sewer is coming to SlaughterBeach! Funding is complete! Planning/development is underway! Enjoy a postcard-like lifestyle with beautiful scenery and privacy, a quiet beach across the street, a park next door with newly resurfaced tennis and basketball courts, along with a new children's playground - and with the sewer underway, values are set to explode... Especially on this particular property with the residential commercial zoning. For those unfamiliar, Slaughter beach is a beautiful, quiet respite known as "The Hidden Gem of Delaware", and often appears in national rankings for best beaches. This particular home is unique because it is among the largest properties in the area, and a store or restaurant or a store/restaurant/business could be opened on the site, if that is your dream. Combine that with a very quiet park and tennis court right next door and beach across the street, along with the private, picturesque backyard with 1800's cottage that overlooks Prime Hook Nature reserve, and you have anything you could ever want in a home....PLUS SUBSTANTIAL UPSIDE with the sewer coming. Would be great to live, make airbnb, and make a business. Parcel is also big enoughTo present opportunities for redevelopment in the future, especially with sewer on the way. Or just live comfortably with the updated interior and exterior that includes new modern floors, stainless appliances in the kitchen, new lighting, new modern bathroom, new exterior, new back porch, new library, two new rooms added in previous store, lots of structural type improvements, lots of exterior upgrades including stone, driveway, fill, deck upgrades, 1800's cottage upgrades, many apple and pear trees, and encapsulation in the crawl space... Come with your ideas and put your finishing touches on.
Contact Jack Lingo
Essentials
MLS Number
Desu2078246
List Price
$699,900
Bedrooms
4
Full Baths
2
Half Baths
0
Standard Status
Active
Year Built
1974
New Construction
N
Property Type
Residential
Waterfront
N
Location
Address
360 Bay Ave, Milford, De
Subdivision Name
Slaughter Beach
Acres
0.70
Interior
Heating
Heat Pump(s), baseboard - Electric
Heating Fuel
Oil, electric
Cooling
Central A/c
Hot Water
Electric
Fireplace
N
Flooring
Laminated, tile/brick, carpet
Square Footage
2416
Interior Features
- Ceiling Fan(s)
- Pantry
Appliances
- Microwave
- Oven/Range - Electric
Additional Information
High School
Milford
Listing courtesy of Usrealty.com Llp.