32434 Free Drop Way #3174

Millsboro, DE 19966

$555,900.00

price

6

beds

4/

baths

0.09 acres

lot size

Fabulous home on a premier lot overlooking the first tee of the beautiful Baywood Golf Course. The original owners completed a major renovation in 2009 that added an estimated 1,600 sq.ft. and included separate electrical panels for the first and second floor with each floor having its own Rinai tankless hot water heater.
The first floor includes a large living room with fireplace, hardwood floors, an ensuite master bedroom with full bath, shower and whirlpool tub and two additional bedrooms with full bath. The first floor also includes a gorgeous four-seasons room that leads to a backyard with extensive hardscaping and a built-in gas grill. The four-seasons room, upper rear balcony and backyard provide outstanding views of the golf course. The second floor offers additional living space including a second living room area, a large rec room, kitchette, and a second en suite master bedroom with full bath and whirlpool tub plus two additional bedrooms and second full bath. Both floors have a built-in sound system and beautiful crystal ceiling fans/lighting fixtures wherein the ceiling fan blades retract. This home is perfect for entertaining and Baywood (known as the Augusta of the North) is the premier public golf course in the northeast. For golfers, there are several area golf leagues that play at several area courses at significantly reduced costs. Why pay high initiation fees, monthly dues and guest fees for friends and family to belong to an area country club and play the same course all the time. At Baywood, you and your family and friends receive a 25% discount on greens fees and preferred tee times. Other Baywood amenities include a large, life-guarded two tier in-ground pool, playground for the kids, bocce, tennis/pickleball, fantastic bass fishing in community ponds, dog park, community center with exercise facilities, and a beautiful clubhouse. Residents and their guests receive discounts at the outstanding Clubhouse restaurant, operated by SoDel, the leading restauranteur in Southern Delaware.
Baywood residents also have the opportunity to use the amenities at the sister communities on the Indian River Bay including sandy bay beaches, reduced price boat slips, restaurants, boat ramps, kayaking/paddleboarding/canoeing, playgrounds, fishing, etc. Please take the time to compare Baywood, with its land lease fees, to pricing for comparble homes in nearby private golf course communities.. Currently there are 6 such comps to the home on Free Drop Way. And, those homes range in price from $889K to $1.150M and have 5 bedrooms and 3.5 baths. Those private golf course communities have relatively high initiation fees and monthly dues. So, along with paying over $340K more for a comparable home and having fewer amenities, you’ll find that Baywood’s land lease is a significant bargain. Grab your clubs and the family and come join the fun at Baywood! Multigenerational home purchase deed permissible and this home is perfect for a mother-daughter or family with an in-law suite either upstairs or downstairs.

General Details

StatusActive
List Price$555,900.00
Address32434 Free Drop Way #3174
Millsboro DE 19966
MLS NumberDESU2062448
Beds6
Baths4/
Lot Size (Acres)0.09
Lot Size (Sq. Ft.)4000.00
Levels/Stores2
GarageYes
Structure TypeDetached
New ConstructionNo
Year Built2003
StyleContemporary
Tax ID234-23.00-273.00-3174
Ownership InterestLand Lease
AgentPeter Walling
BrokerageBerkshire Hathaway Homeservices Penfed Realty

Location

Latitude38.64153168
Longitude-75.18490198
In City LimitsNo
MLS AreaIndian River Hundred (31008)
Legal SubdivisionBAYWOOD
School DistrictINDIAN RIVER

Water Access

WaterfrontNo

Associaton/HOA

HOAYes
HOA Fee15.00
HOA Fee FrequencyAnnually
Condo/Coop AssociationNo
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Heating FuelElectric,Propane - Owned
Hot WaterElectric,Tankless

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Berkshire Hathaway Homeservices Penfed Realty

Courtesy of: Berkshire Hathaway Homeservices Penfed Realty

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Date last updated: 06/15/2024 09:32:09 AM