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$250,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,020 Sq. Ft.
  • 1 Car Garage
  • Updated 11 days ago
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Back on the market at no fault of the seller. Charming twin rancher in the welcoming Magnolia Meadows community, tucked away at the back of the neighborhood yet just minutes from shopping, dining, schools, and the beaches. This bright, open home offers 2 bedrooms, 2 full baths, a garage with shelving, a dedicated laundry room, and ceiling fans throughout-ideal for easy, low-maintenance living. The primary bath features a walk-in shower, while the second full bath includes a tub. Major updates have been completed in recent years, including the roof, HVAC, and water heater. Enjoy the sunroom overlooking a private, fenced backyard, plus a spacious deck with retractable awning and a storage shed. Schedule your private tour today!

Full Property Details for 318 Derby Way

General

  • Price: $250,000
  • HOA FEE: $33/month
  • HOA FEE FREQ.: Annually
  • Taxes: $879 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2102930
  • Updated: 2/20/2026
  • Added to Site: 50 day(s) ago

Interior

  • Interior Features: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

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

Other Rooms

  • Laundry: Dryer In Unit, Washer In Unit

Exterior

  • Porch/Patio/Deck: Deck(s)

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete Driveway
  • Parking Type: Attached Garage
  • Garage Description: Garage Door Opener

Location

  • Area: Dagsboro Hundred (31005)
  • County: SUSSEX
  • Subdivision: MAGNOLIA MEADOWS
  • Driving Directions: Heading east on Old Landing Road, make a right into Magnolia Meadows, continue on Magnolia Drive to Derby Way, turn left, and the home will be on the righ
  • City Limits: Yes

School Information

  • School District: Indian River
  • Elementary School: East Millsboro
  • Middle School: Millsboro
  • High School: Indian River

Community

  • Association: Yes
  • Assoc. Name: MAGNOLIA MEADOWS
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Twin/Semi-Detached
  • Construction: Stick Built, Vinyl Siding
  • Foundation: Slab
  • Roof: Architectural Shingle
  • Stories Description: Main
  • Square Feet: 1,020
  • Sq. Ft. Source: Assessor
  • Living Area: 1,020 Sq. Ft.
  • Finished Above Grnd: 1,020 Sq. Ft.
  • Year Built: 1997
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Shed

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Size Source: Assessor
  • Lot Dimensions: 40.00 x 84.00
  • Zoning: TN
  • Fencing (Description): Partially

Financial Considerations

  • Price Per Sq. Ft.: $245.1
  • Association Fee: $400
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2025
  • School Tax: $417
  • City/TownTax: $416
  • City/TownTax Freq: Annually
  • County Tax: $46
  • County Tax Freq: Annually
  • Tax Amount: $879
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1020

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Garage Shelving
  • Lot Number: 83

Listed by Keller Williams Realty, Krystal Collective Casey

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Listing agent

— 318 Derby Way —

  • Krystal Collective Casey

    Keller Williams Realty

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 318 Derby Way

School District:Indian River School District
NameGradesDistance
East Millsboro Elementary School
29346 Iron Branch Road, Millsboro, DE 19966
PK-50.4 mi
Millsboro Middle School
302 East State Street, Millsboro, DE 19966
6-80.5 mi
Sussex Central High School, Georgetown, DE
26026 Patriots Way, Georgetown, DE 19947
8-123.9 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 318 Derby Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$250,000
117.39%
MLS
5/26/2016
Sold
$115,000
—
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 318 Derby Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$291
-18%
$13,650
—
2023
$355
3%
$13,650
—
2022
$343
4%
$13,650
—
2021
$331
4%
$13,650
—
2020
$317
-41%
$13,650
—
2019
$535
-1%
$13,650
—
2018
$540
-1%
$13,650
—
2017
$544
13%
$13,650
—
2016
$483
2%
$13,650
—
2015
$473
2%
$13,650
—
2014
$466
-1%
$13,650
—
2013
$471
—
$13,650
—
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.

Estimate the Cost for 318 Derby Way

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Listed by Keller Williams Realty, Krystal Collective Casey

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Price Reduced near 318 Derby Way

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Lot 4B Mollyfield Rd, Dagsboro, DE 19939 - Photo 1 Price Reduced
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318 Derby Way, Millsboro, DE 19966 (MLS# DESU2102930) is a Single Family property with 2 bedrooms and 2 full bathrooms. 318 Derby Way is currently listed for $250,000 and was received on January 12, 2026. Want to learn more about 318 Derby Way? 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.

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