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$220,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 576 Sq. Ft.
See This Home
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See This Home
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Welcome to this 2-bedroom, 1-bath home nestled just outside of Millsboro, offering direct water access off Indian River Bay. Constructed with beautiful red wood, this estate sale property is a rare find for those looking to create their dream retreat, starter home, or a cozy place to downsize.. The property is being sold as-is and does need some work, but it's full of potential. Enjoy peaceful mornings by the water and the charm of a quiet, established setting. Whether you're envisioning weekend getaways or year-round living, this home offers a fantastic canvas to make it your own. Don't miss out on this unique opportunity to own waterfront property at a great value!

Full Property Details for 27992 Possum Point Rd

General

  • Sold For: $220,000
  • Taxes: $271 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2086474
  • Added to Site: 242 day(s) ago

Interior

  • Appliances: Washer, Dryer, Stove, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Parking

  • Parking Type: Driveway

Location

  • Area: Dagsboro Hundred (31005)
  • County: Sussex
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: NONE AVAILABLE
  • Driving Directions: GPS

School Information

  • School District: Indian River

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic
  • Water: Well

Structural Information

  • Architectural Info: Cottage
  • Architectural Style: Cottage
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Partial
  • Foundation: Concrete Perimeter
  • Stories/Levels: 0
  • Stories Description: Main
  • Square Feet: 576
  • Sq. Ft. Source: Assessor
  • Living Area: 576 Sq. Ft.
  • Year Built: 1943
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size Source: Assessor
  • Lot Dimensions: 60.00 x 190.00
  • Zoning: GR

Water Features

  • Water Front: Yes
  • Navigable Water: Yes
  • Water Access: Yes
  • Water Front Type: Bay

Financial Considerations

  • Price Per Sq. Ft.: $434.03
  • Assessment Year: 2024
  • School Tax: $242
  • County Tax: $26
  • County Tax Freq: Annually
  • Tax Amount: $271
  • Tax Year: 2024
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 576

Disclosures and Reports

  • Ownership: Fee Simple

Listed by The Parker Group, Jennifer Demarest
Sold by Samson Properties of DE, LLC, Dorothy M Burton

Listing agent

— 27992 Possum Point Rd —

  • Jennifer Demarest

    The Parker Group

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 27992 Possum Point Rd

School District:Indian River School District
NameGradesDistance
Clayton (John M.) Elementary School
252 Clayton Avenue, Frankford, DE 19945
PK-53.5 mi
Selbyville Middle School
80 Bethany Road, Selbyville, DE 19975
6-88.8 mi
Indian River High School, Dagsboro, DE
29772 Armory Road, Dagsboro, DE 19945
8-123.3 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 27992 Possum Point Rd

Date
Details
Price
Change
Source
9/19/2025
Sold
$220,000
-12%
MLS
5/20/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by The Parker Group, Jennifer Demarest
Sold by Samson Properties of DE, LLC, Dorothy M Burton

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Price Reduced near 27992 Possum Point Rd

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Recent Sales near 27992 Possum Point Rd

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27992 Possum Point Road, Millsboro, DE 19966 (MLS# DESU2086474) is a Single Family property that was sold at $220,000 on September 19, 2025. Want to learn more about 27992 Possum Point Road? Do you have questions about finding other Single Family real estate for sale in Millsboro? You can browse all Millsboro real estate or contact a Coldwell Banker agent to request more information.