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$845,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 3,587 Sq. Ft.
  • 2 Car Garage
  • Updated 2 days ago
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EXCEPTIONAL NEWPORT MODEL WITH PRIVATE GUEST SUITE & LUXURY OUTDOOR LIVING IN THE PENINSULA Welcome to 33031 Conservation Drive, an exceptional Newport model from the Savannah Collection by Miller & Smith, offering 5 bedrooms, 4.5 baths, sophisticated architectural details, impressive entertaining spaces, and a spectacular outdoor retreat in the prestigious gated community of The Peninsula on the Indian River Bay. Designed for both comfortable everyday living and memorable gatherings, this spacious home immediately impresses with vaulted ceilings, crown molding, plantation shutters, ledger rock accents, custom built-ins, and thoughtfully designed spaces that create warmth and character throughout. At the heart of the home is a beautifully appointed kitchen featuring modern black stainless steel Café appliances, including a refrigerator with a built-in Keurig coffee system, double wall ovens, and a 5-burner cooktop with griddle. 42-inch cabinetry, custom built-ins, and a stand-alone center island provide abundant storage and workspace while creating a natural gathering place for family and friends. The desirable first-floor primary suite provides a private retreat and offers the convenience of main-level living. Built-in closet systems throughout many of the home's closets maximize storage and organization, while the home's multiple living and entertaining spaces provide plenty of room for hosting overnight guests, extended family, or simply spreading out and enjoying life at the coast. Adding exceptional versatility is the private guest suite above the garage with its own separate entrance. This distinctive space provides privacy for visiting family and friends and makes an ideal extended-stay guest retreat, home office, or additional flexible living space. The outdoor living area is equally impressive. Step outside onto the expansive travertine patio, where extensive hardscaping creates a true extension of the home. A built-in BBQ, firepit, and thoughtfully designed landscape lighting set the stage for everything from summer cookouts and evening cocktails to quiet nights gathered around the fire. Beyond the home, enjoy the extraordinary lifestyle of The Peninsula on the Indian River Bay, one of Coastal Delaware's premier resort communities. Centered around a Jack Nicklaus Signature golf course, The Peninsula offers an impressive collection of amenities including clubhouse dining, indoor and outdoor pools, a wave pool, fitness and athletic facilities, tennis and pickleball courts, spa amenities, a private bay beach, fishing pier, nature trails and boardwalks, and opportunities to enjoy the surrounding waterways. Spend your mornings on the golf course, afternoons poolside or along the bay, and evenings dining at the clubhouse or entertaining on your own private patio. All of this is complemented by convenient access to the beaches, restaurants, shopping, and attractions that make Coastal Delaware such a desirable destination. With its 5 bedrooms, 4.5 baths, first-floor primary suite, beautifully appointed Café kitchen, private guest suite with separate entrance, custom architectural details, and exceptional travertine outdoor living space, 33031 Conservation Drive delivers the space, flexibility, and resort lifestyle today's coastal buyer is looking for. This is more than a home at the beach-it's an opportunity to experience The Peninsula lifestyle every day.

Full Property Details for 33031 Conservation Dr #95

General

  • Price: $845,000
  • HOA FEE: $280/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,452 (2026)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2121154
  • Updated: 9/25/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Bathroom - Stall Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Stone
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Instant Hot Water, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Upper Floor Baths: 3
  • Upper - Full Baths: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 4
  • Bedrooms Main & Up: 1

Other Rooms

  • Laundry: Main Floor

Additional Information

  • Shared Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Club House, Community Center, Dining Rooms, Fitness Center, Pool - Indoor, Putting Green, Sauna, Shuffleboard, Tennis Courts, Volleyball Courts
  • Shared Pool: Yes
  • Pool: Yes
  • Security/Safety: Main Entrance Lock, Smoke Detector

Exterior

  • Exterior Features: BBQ Grill, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Stone Retaining Walls, Underground Lawn Sprinkler
  • Porch/Patio/Deck: Balcony, Brick, Deck(s), Patio(s), Roof

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Features: Concrete Driveway
  • Parking Type: Attached Garage, Driveway
  • Garage Description: Garage - Side Entry, Inside Access, Other

Location

  • Area: Indian River Hundred (31008)
  • County: SUSSEX
  • Subdivision: PENINSULA
  • Driving Directions: East/West Route 24 to Bay Farm Road, follow Bay Farm Road to the gates of the Peninsula.

School Information

  • School District: Indian River
  • Elementary School: Long Neck
  • Middle School: Indian River
  • High School: Indian Riv

Community

  • Association: Yes
  • Assoc. Name: LEGUM & NORMAN
  • Assoc. Fees Include: Cable TV, Common Area Maintenance, Fiber Optics at Dwelling, High Speed Internet, Lawn Maintenance, Pier/Dock Maintenance, Recreation Facility, Road Maintenance, Security Gate, Snow Removal, Trash
  • Pets Allowed: Yes
  • Pets: Number Limit

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating Fuel: Propane - Owned
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Phone Available, Propane

Structural Information

  • Architectural Style: Coastal
  • Structure Type: Detached
  • Construction: Frame, HardiPlank Type, Stick Built
  • Foundation: Slab
  • Roof: Architectural Shingle
  • Walls/Ceilings: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Tray Ceilin
  • Windows: Insulated, Screens
  • Doors: Atrium, French, Sliding Glass, Storm
  • Stories Description: Main, Upper 1
  • Square Feet: 3,587
  • Sq. Ft. Source: Estimated
  • Living Area: 3,587 Sq. Ft.
  • Finished Above Grnd: 3,587 Sq. Ft.
  • Year Built: 2005
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Property View: Garden/Lawn
  • Zoning: MR
  • Lot Description: Backs to Trees, Front Yard, Landscaping, Level, No Thru Street, SideYard(s)

Financial Considerations

  • Price Per Sq. Ft.: $235.57
  • Association Fee: $839
  • Assoc Fee Freq.: Quarterly
  • Condo Fee: $1,074
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2026
  • School Tax: $1,306
  • City/TownTax Freq: Annually
  • County Tax: $146
  • County Tax Freq: Annually
  • Tax w/Assessment: $682,300
  • Tax Amount: $1,452
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 2026

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes

Listed by Monument Sotheby's International Realty, JOSETTE CASTIGLIONE and Monument Sotheby's International Realty, Stephen Castiglione

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Listing agents

— 33031 Conservation Dr #95 —

  • JOSETTE CASTIGLIONE

    Monument Sotheby's International Realty

  • Stephen Castiglione

    Monument Sotheby's International Realty

Listing Office Email: justin.healy@msir.net

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 33031 Conservation Dr #95

School District:Indian River School District
NameGradesDistance
Long Neck Elementary School
26064 School Lane, Millsboro, DE 19966
PK-51.3 mi
Millsboro Middle School
302 East State Street, Millsboro, DE 19966
6-86.2 mi
Sussex Central High School, Georgetown, DE
26026 Patriots Way, Georgetown, DE 19947
8-128.2 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 33031 Conservation Dr #95 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$845,000
30%
MLS
4/16/2021
Sold
$650,000
—
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 33031 Conservation Dr #95

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,476
1%
$42,400
—
2025
$1,457
-21%
$42,400
—
2023
$1,840
1%
$42,400
—
2022
$1,818
3%
$42,400
—
2021
$1,764
5%
$42,400
—
2020
$1,683
2%
$42,400
-4%
2019
$1,655
1%
$44,200
2%
2018
$1,645
-1%
$43,500
—
2017
$1,658
13%
$43,500
—
2016
$1,461
-3%
$43,500
—
2015
$1,506
1%
$43,500
—
2014
$1,484
-1%
$43,500
—
2013
$1,500
—
$43,500
—
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 33031 Conservation Dr #95

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Monument Sotheby's International Realty, JOSETTE CASTIGLIONE and Monument Sotheby's International Realty, Stephen Castiglione

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33031 Conservation Drive #95, Millsboro, DE 19966 (MLS# DESU2121154) is a Condo property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 33031 Conservation Drive #95 is currently listed for $845,000 and was received on September 25, 2026. Want to learn more about 33031 Conservation Drive #95? Do you have questions about finding other Condo 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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