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5204 Brown St Milford, DE 19963

For Sale
$3,500,000

8.34 Acres, Waterfront Resort Potential

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 8.34-acre waterfront property in Milford, Delaware, presents a unique investment opportunity. Boasting over 500 feet of dock space with water and electricity, and approximately 1,000 feet of Mispillion River frontage, it offers quick access to the Delaware Bay. The property includes a home with nearly 360-degree water views, a primary suite with a walk-in closet and private balcony, a gas fireplace, vaulted ceilings, hardwood floors on the first floor, and a convenient first-floor bedroom. Outdoor amenities include three RV hook-up areas with expansion potential, a pavilion, a Tiki bar, ample parking, and a large outbuilding for boat storage. Two golf carts are included. A newer roof (installed within the past two years) carries a transferable warranty. The property is located minutes from Milford, offering convenient access to shopping, dining, Route 1, Delaware Bay beaches (10 minutes), and Delaware resort beaches (30 minutes). With no HOA restrictions, various income-generating possibilities exist, including Airbnb, Hipcamp, boat dock rentals, and RV/boat storage. The property is within city limits, and zoning changes may be required depending on the intended commercial use. This is a rare opportunity to own a private waterfront resort with significant income potential. The property's combination of luxury, privacy, and commercial potential makes it a truly unique offering.

Property Features for 5204 Brown St

General Information

Property type
Land
Lot Size
363,290 SF

HighLights

  • 8.34‑acre waterfront property in Milford, DE with over 500 ft. of dock space (water & electric).
  • Approximately 1,000 ft. of Mispillion River frontage, providing quick access to Delaware Bay.
  • Main house features 360‑degree water views, primary suite with walk‑in closet & private balcony, gas fireplace, vaulted ceilings, and hardwood floors on the first floor.
  • Outdoor amenities include three RV hookups, pavilion, Tiki bar, ample parking, and large outbuilding for boat storage; two golf carts included.
  • New roof (installed within the past two years) with transferable warranty; minutes from Milford, offering easy access to shopping, dining, Route 1, and beaches (Delaware Bay: 10 minutes, resort beaches: 30 minutes).
  • No HOA; potential for various income streams (Airbnb, Hipcamp, boat dock rentals, RV/boat storage); city limits zoning may require changes depending on commercial use.
Property Profile Insight Report 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
-75.4078841
Latitude
38.9170935

FAQs

What type of property is this?
Land - 8.34 Acres, Waterfront Resort Potential
Where is this land 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.
What are key features of this property?
This property features: 8.34-acre waterfront property in Milford, DE with over 500 ft. of dock space (water & electric).; Approximately 1,000 ft. of Mispillion River frontage, providing quick access to Delaware Bay.; Main house features 360-degree water views, primary suite with walk-in closet & private balcony, gas fireplace, vaulted ceilings, and hardwood floors on the first floor.
More about this property
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