581 Bay Avenue

Milford, DE
$ 569,000 Beds 4 Baths 1 Sq 1,102
Monthly Estimate* How much can I afford?

**BAY FRONT OPPORTUNITY IN SLAUGHTER BEACH!** Wake up to breathtaking bay views and spectacular sunsets from this quintessential Slaughter Beach waterfront cottage. Situated on approximately 0.26 acres with direct bayfront access, **581 Bay Avenue** offers a rare opportunity to own a piece of the Delaware coast and create your own waterfront retreat. This charming cottage features **4 bedrooms and 1 full bath** on the main level, a spacious sunroom overlooking the bay, along with a cozy eat-in kitchen and comfortable living spaces filled with potential. The enclosed bottom space offers opportunity for storage/workshop or anything you desire as well as a one car garage. Whether you're looking for a coastal getaway, seasonal residence, investment opportunity, or a property where you can bring your vision for a larger dream home to life, this bayfront location offers tremendous possibilities. Enjoy the laid-back lifestyle of Slaughter Beach while being surrounded by the natural beauty of the Delaware Bay. **Opportunities to own waterfront property in this setting are limitedbring your vision and make 581 Bay Avenue your own!** **Property is being sold in As-Is condition. Buyer to verify all information, potential uses, zoning, permits, and development possibilities.**

ACTIVE

  • Price
  • $ 569,000
  • City
  • Milford
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • SUSSEX
  • Half Bathrooms
  • 0
  • Area
  • Cedar Creek Hundred
  • Lot Size
  • 0.26 Acres
  • Zip
  • 19963
  • Sqr Footage
  • 1,102
  • Year Built
  • 1959
  • Taxes
  • $ 1603
  • Style
  • Bungalow
  • MLS#
  • DESU2117932
Listed By: Donald Schlater with Berkshire Hathaway HomeServices PenFed Realty - 3026456661;
Data Source: Bright MLS

Features

General

Living Area 1102
Sewer Cess Pool
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning TN
Garage Spaces 1.00
Architectural Style Bungalow
Construction Materials Frame
School District MILFORD
Year Built 1959
Electric 200+ Amp Service
View Bay
Levels 1
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction No
Property Type Residential
HOA No
Subdivision Name SLAUGHTER BEACH
Garage Y/N Yes
Water Access Y/N Yes
Other Structures Above Grade,Below Grade
Full Baths 1
Status ACTIVE
Directions From Route 1,take Slaughter Beach Road towards Slaughter Beach. Make left on Bay Avenue. 581 on right.
City MILFORD
Body of Water Delaware Bay
Senior Community Y/N No
MLS Area Cedar Creek Hundred (31004)
Lot Size Units Square Feet
Lot Size Square Feet 11326.00
Tax Annual Amount 1603.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 516.33
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Total SQFT 1102
Location Type Bayfront
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Assessor
Legal Subdivision SLAUGHTER BEACH
Federal Flood Zone AE/VE

Interior Features

Heating Fuel Propane - Leased
Basement Garage Access
Hot Water Tankless
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1102
Central Air Y/N Yes
Total Bedrooms 4
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Pool No Pool
Water Source Public
Inclusions AS IS
Total Parking Spaces 1
Garage Features Additional Storage Area
Type of Parking Attached Garage,Driveway
Land Use Code 1 1
Foundation Details Block
Water View Y/N Yes
Lot Dimensions 50.00 x 233.00
Lot Size Acres 0.26
Water Body Type Bay
Lot Size Source Assessor
Waterfront Y/N Yes
Navigable Water Y/N Yes
Water Oriented Y/N Yes
# of Attached Garage Spaces 1
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Bel Air, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/8/2026 Listed $569,000

Property vs Zip Code Average in 19963

Price
AVG $550K
$570K
Taxes
AVG $1,392
$1,603
Year Built
AVG 1988
1959
Visits
AVG 364
53
Data Provided by Inside Real Estate®

Areas That We Cover

581 Bay Avenue Milford, DE is a Single Family Home for sale at $569000 with 1102 sqft and a lot size of 0.26 Acres Acre(s). 581 Bay Avenue Milford has 4 bedrooms, 1 baths and was built in 1959. The property's zip code is 19963 which is in Milford, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.