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    5204 Brown St Milford, DE 19963

    Sponsored
    For Sale
    $3,500,000

    Luxury Riverfront Resort, 8 Acres

    Property size:
    2,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 2,250 sq ft Milford, DE property boasts over 8 acres of pristine waterfront on the Mispillion River, offering 500+ feet of dock space with water and electricity, and approximately 1,000 feet of river frontage. Enjoy quick, deep-water access to the Delaware Bay. The property includes three RV hookups, a pavilion, a Tiki bar, ample parking, and a large outbuilding for storage. The home features a newer roof (installed within the past two years with a transferable warranty), a gas fireplace, vaulted ceilings, a kitchen island, hardwood floors on the first floor, and a primary suite with a walk-in closet and private balcony. The home offers nearly 360-degree water views. Located minutes from Milford, with easy access to Route 1, Delaware Bay beaches (10 minutes), and Delaware resort beaches (30 minutes). No HOA restrictions allow for diverse income potential (Airbnb, Hipcamp, etc.). Two golf carts are included. This unique property combines luxury, privacy, and income potential.

    Property Features for 5204 Brown St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,250 SF
    Lot Size
    363,290 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.40791
    Latitude
    38.91709

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    FAQs

    What type of property is this?
    Commercial real estate - Luxury Riverfront Resort, 8 Acres
    Where is this commercial real estate located?
    The property is located at 5204 Brown St Milford, DE.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (302) 360-0300
    Request Owner's contact information
    5204 Brown St Milford, DE 19963
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    Milford, DE 19963
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5204 Brown St Milford, DE 19963
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