<b>LENDER VALUATION COMPLETED | SHORT SALE UNDERWAY | RENOVATED 2022 | INDIAN RIVER WATERFRONT COMMUNITY + MARINA ACCESS</b><br><br>
<b>THE SHORT SALE PROCESS IS ALREADY UNDERWAY — NOT STARTING FROM SCRATCH.</b> The lender's appraisal is complete, and the <b>current list price reflects the lender-established valuation</b>. An experienced third-party processor is facilitating the file, with an <b>estimated 45–60 day settlement timeline</b>. Sale and timeline remain subject to lender approval.<br><br>
<b>WHY BUY A HOME THAT STILL NEEDS UPDATES?</b> Completely renovated in 2022, this <b>move-in-ready 3-bedroom coastal cottage in Warwick Park, Millsboro, Delaware</b> is a rare find for buyers seeking a <b>renovated home near the Indian River in a waterfront community with marina access</b>. Major systems are already addressed, with an <b>oversized .36-acre lot and detached garage</b>.<br><br>
<b>THE WORK HAS ALREADY BEEN DONE</b><br><br>
The 2022 renovation included a <b>new kitchen with quartz countertops, cabinetry and stainless steel appliances; LVP flooring throughout; new windows; new roof; and new HVAC heat pump</b>. The bathroom was completely renovated with classic subway tile, with significant improvements also made to the <b>septic system and well</b>.<br><br>
Natural light fills the spacious living area, while a <b>screened porch</b> overlooks the oversized lot with room to envision a pool, hot tub, outdoor kitchen, fire pit, or expanded entertaining space. The <b>detached two-car garage</b> adds valuable vehicle, boating gear, storage, or workshop space.<br><br>
<b>A RARE FIND FOR BOAT + RV OWNERS</b><br><br>
Warwick Park is an established <b>waterfront and boating community near the Indian River</b> with a <b>community marina (additional boat slips will be built), gazebo, and picnic area</b> within walking distance. The <b>Indian River Yacht Club is adjacent to the community amenities</b>, and the HOA allows <b>boat and RV storage in your own yard</b>—a rare advantage for buyers seeking marina access and a true Delaware boating lifestyle.<br><br>
<b>THE RENOVATION IS DONE. THE COASTAL LIFESTYLE IS WAITING.</b><br><br>
Ideal as a <b>primary residence, downsizing opportunity, Delaware beach-area retreat, second home, or coastal investment property</b>. Move in and start enjoying life near the Indian River.<br><br>
<b>Short sale process underway with experienced third-party processor. Estimated settlement timeline is approximately 45–60 days</b>, subject to lender approval and short sale processing. Required short sale disclosures must be signed and submitted with all offers.
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Listing Snapshot
Price
$340,000
Days On Site
285 Days
Bedrooms
3
Inside Area (SqFt)
1,170 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.36 Acres
Year Built
1986
MLS® Number
DESU2102130
Status
Active
Property Tax
$566
HOA/Condo/Coop Fees
$22.92 monthly
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
a month ago
Listing updated with changes from the MLS®
3 months ago
Price changed to $340,000
4 months ago
Status changed to Active
9 months ago
Listing first seen on site
General Features
Acres
0.36
Garage
Yes
Garage Spaces
2
Levels
One
Parking
GarageDrivewayDetached
Parking Spaces
6
Pets
Cats OKDogs OKYes
Property Sub Type
Single Family Residence
Sewer
Septic Tank
Special Circumstances
Short Sale
SqFt Above
1170
SqFt Total
1170
Style
Ranch/Rambler
Water Source
Well
Zoning
AR-2
Interior Features
Appliances
OvenElectric RangeElectric OvenElectric Water HeaterRefrigeratorIce MakerDishwasherStainless Steel Appliance(s)WasherWater HeaterMicrowave
Basement
Crawl Space
Cooling
Central AirElectric
Flooring
Vinyl
Furnished
Unfurnished
Heating
ElectricHeat Pump
Laundry Features
Laundry RoomMain Level
Main Level Bedrooms
3
Window Features
Insulated WindowsDouble Pane WindowsScreens
Additional Bedroom
Level - Main
Dining Room
Level - Main
Full Bath
Level - Main
Great Room
Level - Main
Kitchen
Level - MainFeatures - Breakfast Bar
Laundry
Level - Main
Primary Bedroom
Level - Main
Screened Porch
Level - Main
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Exterior Features
Construction Details
Vinyl Siding
Exterior
Lighting
Lot Features
Front YardBack Yard
Patio And Porch
PorchScreened
Pool Features
None
Roof
Shingle
View
Garden
Waterfront Features
Indian River Bay
Waterview
Garden
Windows/Doors
Insulated WindowsDouble Pane WindowsScreens
Community Features
Association Amenities
Picnic AreaBoat DockBoating
Association Fee
$275.0
Association Fee Frequency
Annually
MLS Area
Indian River Hundred (31008)
School District
INDIAN RIVER
Schools
School District
INDIAN RIVER
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Monument Sotheby's International Realty