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$225,000
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Property Description
Discover the potential in this 3-bedroom, 2.5-bathroom townhome located in the desirable Shipbuilders Village community of Milton. Offering approximately 1,400 square feet across three levels, this home provides a functional layout with plenty of space to make your own. Enjoy a prime location within walking distance to local schools, parks, downtown Milton, and a variety of restaurants and shops-perfect for those who appreciate convenience and a vibrant neighborhood atmosphere. The property also features a spacious deck, ideal for outdoor relaxation or entertaining. With rentals of 30 days or more permitted, this home presents a great opportunity for both homeowners and investors alike. While it does need some TLC, it's a fantastic chance to add value and customize to your style. Don't miss the opportunity to bring new life to this well-located townhome!
Full Property Details
Full Property Details for 506 S Spinnaker Ln
General
- Sold For: $225,000
- Taxes: $2,555 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2107108
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas/Propane
- Appliances: Oven/Range - Gas, Range Hood, Exhaust Fan, Refrigerator, Dishwasher, Disposal, Microwave, Washer, Dryer, Water Heater
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
- Upper 2 - Full Baths: 2
- Upper Floor Baths: 3
- Upper - Full Baths: 2
- Upper - 1/2 Baths: 1
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms-Up2: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Lower Floor
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Exterior
- Porch/Patio/Deck: Deck(s)
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Features: Concrete Driveway
- Parking Type: Attached Garage, Driveway
- Garage Description: Garage - Front Entry
Location
- Area: Broadkill Hundred (31003)
- County: SUSSEX
- Subdivision: SHIPBUILDERS VILLAGE
- Driving Directions: From Shipbuilders Blvd, turn onto S. Spinnaker Ln. Property is on the left.
- City Limits: Yes
School Information
- School District: Cape Henlopen
- High School: Cape Henlopen
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
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: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Block, Stick Built
- Foundation: Block
- Roof: Architectural Shingle
- Windows: Storm, Screens
- Doors: Storm
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 1,400
- Sq. Ft. Source: Estimated
- Living Area: 1,400 Sq. Ft.
- Finished Above Grnd: 1,400 Sq. Ft.
- Year Built: 2004
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 94.00
- Zoning: TN
Financial Considerations
- Price Per Sq. Ft.: $196.43
- Assessment Year: 2025
- School Tax: $401
- City/TownTax: $2,109
- City/TownTax Freq: Annually
- County Tax: $45
- County Tax Freq: Annually
- Tax Amount: $2,555
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: range w/ oven, range hood-exhaust fan, refrigerator, dishwasher, disposal, microwave, washer, dryer, water heater, storm windows/doors, screens, shades/blinds, smoke detectors, carbon monoxide detectors, fireplace equipment, fireplace screen/doors, bathroom vents/fans, ceiling fans, garage opener
- Lot Number: 85
Listed and Sold by Compass, Dustin Oldfather and Compass, Clifford K McCall
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Schools
Schools serving 506 S Spinnaker Ln
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
H. O. Brittingham Elementary School 402 Mulberry Street, Milton, DE 19968 | PK-5 | 0.2 mi |
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968 | 5-8 | 1.3 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 9.3 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 506 S Spinnaker Ln
Date
Details
Price
Change
Source
4/30/2026
Sold
$225,000
-18.18%
MLS
4/10/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 S Spinnaker Lane, Milton, DE 19968 (MLS# DESU2107108) is a Townhouse property that was sold at $225,000 on April 30, 2026. Want to learn more about 506 S Spinnaker Lane? Do you have questions about finding other Townhouse real estate for sale in Milton? You can browse all Milton real estate or contact a Coldwell Banker agent to request more information.

