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$450,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,229 Sq. Ft.
  • 2 Car Garage
  • Updated 8 hours ago
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Welcome to 278 Otter Way, where spacious, bright living areas, a finished walkout basement, and a private backyard built for enjoyment offer room to settle in and spread out. Just off the entry, a flexible room works beautifully as a formal living room or home office. A separate dining room leads to the kitchen, where all-new stainless steel appliances and a generous island make meal preparation and gathering easy. Luxury vinyl plank flooring extends throughout the main level, and a natural gas fireplace anchors the sun-filled great room. The home offers five bedrooms and three and a half baths, including a bedroom and full bath in the finished walkout basement. The basement's expansive open area is ready for a media room, home gym, recreation space, or a combination of all three. Outside, a new awning adds shade to the deck overlooking the fenced backyard. A hot tub creates an inviting place to relax, while the generous lot leaves plenty of space for gardening and outdoor activities. Located in Frederica's Otter Run community just minutes from Route 1, this home offers convenient access to Dover and the Delaware beaches. Schedule a private tour to see all that 278 Otter Way has to offer!

Full Property Details for 278 Otter Way

General

  • Price: $450,000
  • HOA FEE: $23/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,509 (2024)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: DEKT2051128
  • Updated: Today (10/9/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas/Propane
  • Appliances: Stainless Steel Appliances

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

Exterior

  • Exterior Features: Awning(s), Hot Tub, Play Equipment

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
  • Subdivision: OTTER RUN
  • Building Name: NONE AVAILABLE
  • Driving Directions: Barratts Chapel Road to Otter Way, Home is located on the right.

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: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Detached
  • Construction: Stick Built
  • Basement: Yes
  • Basement Desc.: Fully Finished
  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • 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.
  • Finished Below Grnd: 1,094 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
  • Fencing (Description): Vinyl

Financial Considerations

  • Price Per Sq. Ft.: $210.77
  • Association Fee: $275
  • 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
  • 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 Burns & Ellis Realtors, Shalini Sawhney

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Listing agent

— 278 Otter Way —

  • Shalini Sawhney

    Burns & Ellis Realtors

Listing Office Email: info@burnsandellis.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 278 Otter Way

School District:Lake Forest School District
NameGradesDistance
Lake Forest East Elementary School
124 Front Street, Frederica, DE 19946
K-42.2 mi
Lake Forest Central Elementary School
5424 Killens Pond Road, Felton, DE 19943
4-54.2 mi
Chipman (W.T.) Middle School
101 West Center Street, Harrington, DE 19952
6-88.5 mi
Lake Forest High School
5407 Killens Pond Road, Felton, DE 19943
8-124.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 278 Otter Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2026
Listed
$450,000
—
MLS
6/30/2025
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 278 Otter Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,959
-1%
$420,700
—
2023
$1,984
—
$420,700
536%
2023
$1,984
11%
$66,100
—
2022
$1,789
5%
$66,100
—
2021
$1,704
-3%
$66,100
—
2020
$1,749
-3%
$66,100
-1%
2017
$1,809
11%
$67,000
—
2016
$1,626
1%
$67,000
—
2015
$1,606
-9%
$67,000
—
2019
$1,766
11%
$67,000
—
2014
$1,584
5%
$67,000
—
2013
$1,503
—
$67,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Burns & Ellis Realtors, Shalini Sawhney

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278 Otter Way, Frederica, DE 19946 (MLS# DEKT2051128) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 278 Otter Way is currently listed for $450,000 and was received on October 09, 2026. 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.

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