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$590,000
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Property Description
Opportunity knocks with this Malibu located on a desirable, quiet cul-de-sac in the Conservancy neighborhood of the Peninsula community. Location location location! Relax on the lower level rear brick patio or on the main level screened porch while enjoying peaceful wooded and pond views. This amazing 3-level townhome will provide you with just under 3,000 square feet of living space! Once you enter the home, you will be amazed by the gourmet kitchen and the open layout of the family room and dining area. The large island can serve as a meeting place and transform that entire area into a space for entertainment. The kitchen features a generous amount of cabinets and a butler's pantry with a wet bar. Upgraded kitchen countertops and stainless steel appliances, which include a gas cooktop and double wall ovens. This 4-bedroom, 3.5-bathroom home features 10-foot ceilings on the main level, a gas fireplace in the living room, and the primary bedroom. This home is a dream for entertainers! Still on the main floor, there is a large front room that is currently used as a formal dining room, but could also serve as an extra family room or billiard room. This room features double doors that lead to the large, covered front porch. This home is protected with a full house fire sprinkler system and heated and cooled with two newer HVAC systems and a new hot water heater! The lower level features an oversized two-car garage, a second owner's or in-law suite, a family room, and a brick patio perfect for relaxing by the woods. The upper level features a spacious primary suite with two walk-in closets, a soaking tub, and a double sink vanity, offering a wonderful retreat for relaxation. Additionally, the upper level features two nicely sized bedrooms and a full bathroom. The full-sized laundry room, with a new washer and dryer, is conveniently located on this level, along with a loft area that makes a great home office. These two bedrooms and the loft have just been recarpeted! The Peninsula is just 12 miles from Lewes & Rehoboth Beach. It is a gated Jack Nicklaus Signature Golf community featuring resort-style amenities and 24-hour live security. The 32,000 sq ft clubhouse features a full-service restaurant, bar, billiards room, wine tasting room, and a whole lower level with a pro shop and golf lounges. The five pools include: an indoor pool, two hot tubs, an outdoor adult-only heated pool, an outdoor sandy beach wave pool, a kiddie splash pool, and a two-hundred-seat pool. Enjoy food and beverage service from the poolside restaurant. The amenities include a spa, fitness center, training, classes, miniature golf, and a kids' activity room. Explore miles of walking trails, two fishing piers, a sandy bay beach, a nature center pavilion with a stone fireplace, a Kayak launch, and observatory boardwalks. Professional tennis & pickleball courts. Basketball. HOA includes Verizon Fios high-speed internet, HD cable, complete lawn care, snow removal & refuse pickup. Coastal Delaware boasts low property taxes, no sales tax, and a mild Mid-Atlantic climate.
Full Property Details
Full Property Details for 22096 S Preservation Dr #140
General
- Sold For: $590,000
- HOA FEE: $332/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,050 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2096072
- Added to Site: 184 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Family Room, Foyer, Laundry, Loft, Half Bath, Screened Porch
- Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Sound System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors, Other
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Equipment, Fireplace - Glass Doors, Gas/Propane, Mantel(s)
- Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Flooring: Carpet, Ceramic Tile, Hardwood
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: 4
- Bedrooms Upper: 3
- Bedrooms Lower: 1
Other Rooms
- Laundry: Dryer In Unit, Upper Floor, Washer In Unit
Additional Information
- Shared Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Billiard Room, Cable, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Hot tub, Jog/Walk Path, Lake, Mooring Area, Party Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Putting Green, Sauna, Security, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Other
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: 24 hour security, Security Gate, Smoke Detector
Exterior
- Exterior Features: Street Lights, Underground Lawn Sprinkler
- Porch/Patio/Deck: Balcony, Porch(es), Patio(s), Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Concrete Driveway
- Parking Type: Attached Garage, Driveway
- Garage Description: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
Location
- Area: Indian River Hundred (31008)
- County: SUSSEX
- Subdivision: PENINSULA
- Driving Directions: From Rt 24 take Bay Farm Rd to the end. Enter the Peninsula and take main road and make right into the Conservancy. Go to the end and make right on S PReservation and home will be down on the left.
School Information
- School District: Indian River
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Common Area Maintenance, Fiber Optics at Dwelling, High Speed Internet, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Snow Removal, Trash, Other
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central, Forced Air
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 4000 Feet
- Utility Description: Cable TV
Structural Information
- Architectural Style: Coastal
- Structure Type: Interior Row/Townhouse
- Builder: Miller & Smith
- Model: Malibu
- Construction: Batts Insulation, Brick, HardiPlank Type, Stick Built
- Foundation: Slab
- Roof: Architectural Shingle, Metal
- Walls/Ceilings: 9'+ Ceilings, Dry Wall, High
- Windows: Casement, Double Hung, Double Pane, Insulated, Low-E, Replacement, Screens
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 2,961
- Sq. Ft. Source: Estimated
- Living Area: 2,961 Sq. Ft.
- Finished Above Grnd: 2,961 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
Unit Information
Unit 1
- Bathrooms-Lower: 1
- Bedrooms-Lower: 1
Lot Features
- Property View: Trees/Woods
- Lot Size Source: Estimated
- Zoning: MR
Water Features
- Water Front: Yes
- Water Front Type: Bay
- Water Front Name: Indian River Bay
Financial Considerations
- Price Per Sq. Ft.: $205.34
- Association Fee: $995
- Assoc Fee Freq.: Quarterly
- Condo Fee: $2,048
- Condo Fee Freq: Annually
- Other Fee: $750
- Other Fee Freq.: One Time
- Assessment Year: 2025
- School Tax: $945
- County Tax: $105
- County Tax Freq: Annually
- Tax Amount: $1,050
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 777
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Exclusions: Some furniture is available as a separate Bill of Sale, and the exclusions list is attached
- Inclusions: Some furniture items are available for a separate bill of sale and the exclusions list is attached
Listed by Monument Sotheby's International Realty, PAUL MALTAGHATI
Sold by Bryan Realty Group, Ingram Bryant Foster
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Schools
Schools serving 22096 S Preservation Dr #140
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Long Neck Elementary School 26064 School Lane, Millsboro, DE 19966 | PK-5 | 1.3 mi |
Millsboro Middle School 302 East State Street, Millsboro, DE 19966 | 6-8 | 6.1 mi |
Sussex Central High School, Georgetown, DE 26026 Patriots Way, Georgetown, DE 19947 | 8-12 | 8 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 22096 S Preservation Dr #140
Date
Details
Price
Change
Source
3/06/2026
Sold
$590,000
-2.96%
MLS
1/05/2026
Price Reduced
$608,000
-1.62%
MLS
9/14/2025
Listed
$618,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
22096 S Preservation Drive #140, Millsboro, DE 19966 (MLS# DESU2096072) is a Townhouse property that was sold at $590,000 on March 06, 2026. Want to learn more about 22096 S Preservation Drive #140? Do you have questions about finding other Townhouse real estate for sale in Millsboro? You can browse all Millsboro real estate or contact a Coldwell Banker agent to request more information.

