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$449,000
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Property Description
Welcome to 278 Otter Run, nestled in the peaceful community of Otter Run in Frederica! This spacious home is perfect for families or hosting guests, with five bedrooms and three and a half bathrooms. Inside, there's so much to love-a front flex room, a cozy dining room, a kitchen with a great island, and a large living room complete with a natural gas fireplace. The first floor features stylish LVP flooring throughout, giving it a modern yet comfortable feel. The finished walkout basement is a real treat! It includes a bedroom, a full bath, and tons of extra space that's perfect for a home theater, gym, or whatever suits your lifestyle. And when you step outside, the backyard is ready for fun and relaxation with a large deck, a hot tub, and a fire pit-great for unwinding or entertaining friends and family. The spacious lot gives you plenty of room to garden, play, or soak up the peaceful surroundings. Centrally located just minutes from Route One, this home offers quick access to restaurants and attractions. Head south for a short drive to the beautiful beaches of Lewes and Rehoboth, or head north to Dover and Wilmington. This home is the perfect mix of comfort and convenience, with everything you need for modern living. Don't wait to make 278 Otter Run your new home; get in touch today to schedule your private tour!
Full Property Details
Full Property Details for 278 Otter Way
General
- Sold For: $449,000
- HOA FEE: $22/month
- HOA FEE FREQ.: Annually
- Taxes: $1,509 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DEKT2037260
- Added to Site: 253 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 4
- Bedrooms Lower: 1
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry
Location
- Area: Lake Forest (30804)
- County: Kent
- Development Name: Otter Run
- Subdivision: Otter Run
- Building Name: NONE AVAILABLE
- Driving Directions: Use GPS
School Information
- School District: Lake Forest
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Gravity Sept Fld
- Water: Private/Community Water
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: Detached
- Construction: Stick Built
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle
- Stories/Levels: 0
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 3,229
- Sq. Ft. Source: Assessor
- Living Area: 3,229 Sq. Ft.
- Finished Above Grnd: 2,135 Sq. Ft.
- Year Built: 2005
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
Unit 1
- Bathrooms-Lower: 1
- Bedrooms-Lower: 1
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,827
- Lot Size Source: Assessor
- Lot Dimensions: 93.12 x 214.78
- Zoning: AC
Financial Considerations
- Price Per Sq. Ft.: $210.3
- Association Fee: $264
- Assoc Fee Freq.: Annually
- Assessment Year: 2024
- School Tax: $1,134
- City/TownTax Freq: Annually
- County Tax: $240
- County Tax Freq: Annually
- Tax w/Assessment: $420,700
- Tax Amount: $1,509
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3229
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal property, Washer and Dryer
- Inclusions: Hot tub. Shed.
- Lot Number: 1300-000
Listed by RE/MAX Horizons, Christopher Cohan
Sold by Century 21 Gold Key-Dover, Jessica Land
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Schools
Schools serving 278 Otter Way
School District:Lake Forest School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest East Elementary School 124 Front Street, Frederica, DE 19946 | K-4 | 2.2 mi |
Lake Forest Central Elementary School 5424 Killens Pond Road, Felton, DE 19943 | 4-5 | 4.2 mi |
Chipman (W.T.) Middle School 101 West Center Street, Harrington, DE 19952 | 6-8 | 8.5 mi |
Lake Forest High School 5407 Killens Pond Road, Felton, DE 19943 | 8-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 278 Otter Way
Date
Details
Price
Change
Source
7/18/2025
Sold
$449,000
—
MLS
5/08/2025
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
278 Otter Way, Frederica, DE 19946 (MLS# DEKT2037260) is a Single Family property that was sold at $449,000 on July 18, 2025. Want to learn more about 278 Otter Way? Do you have questions about finding other Single Family real estate for sale in Frederica? You can browse all Frederica real estate or contact a Coldwell Banker agent to request more information.

