Sold
Last Sold Price
2 beds576 sqft

27992 Possum Point Rd, Millsboro, DE 19966

Single FamilyProperty Type
0.26 acresLot Size
1943Year Built
$382/sq ftPrice per sq ft

Description

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...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!
  • Listed by: Jennifer Demarest 302.278.5591 jennifer@theparkergroup.com • The Parker Group
Listing closed: 09/19/2025 12:00 AM • Source: BRIGHT, MLS#: DESU2086474
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Recent comparable sales

Median sold price

$230,000

Avg days on market

54

Sale-to-list ratio

92.4%

Millsboro, DE

9 comparable properties found

a view of a house with wooden fence
1/10
1

$230,000

Sold 06/26/25

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Bedrooms
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Square Feet
0.26
Acres
$198,500 | 217 Laurel Road, Millsboro, DE 19966
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Bedrooms
868
Square Feet
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Sold 09/10/25

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Bathrooms
550
Square Feet
0.38
Acres
a front view of a house with a yard
1/9
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Sold 04/01/25

2
Bedrooms
2,574
Square Feet
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Sold 07/21/26

2
Bedrooms
1
Bathrooms
1,040
Square Feet
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a front view of a house with a yard and garage
1/34
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Sold 08/21/26

2
Bedrooms
1,016
Square Feet
0.04
Acres
$219,000 | 239 Magnolia Drive, Millsboro, DE 19966
1/23
7

$219,000

Sold 12/13/24

2
Bedrooms
866
Square Feet
0.04
Acres
$230,000 | 231 Magnolia Drive, Millsboro, DE 19966
1/30
8

$230,000

Sold 07/08/26

2
Bedrooms
1,020
Square Feet
0.05
Acres
9

$371,990

Sold 11/12/24

2
Bedrooms
1
Bathrooms
625
Square Feet
0.17
Acres

Location

Listing Courtesy of The Parker Group

Sold By Samson Properties of DE, LLC

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Property Information for 27992 Possum Point Road

Property Details

  • Taxes: $271 / year
  • MLS Type: Residential / Fee Simple
  • Tax ID Number: 233-01.00-37.00
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Detached
  • Style: Cottage
  • Levels/Stories: 1
  • Waterfront: Yes
  • Garage: No
  • Subdivision: NONE AVAILABLE
  • Subdivision: NONE AVAILABLE (SUSSEX DE)
  • Building Name: NONE AVAILABLE (MILLSBORO DE)
  • Legal Subdivision: Possum Point
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 576.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No

Building Information

  • Stories: 1
  • Year Built: 1943
  • Lot Size: 0.26 AC / 11,326 SF

Location

Location
  • In City Limits: No
  • School District Name: INDIAN RIVER
  • School District County ID: 300200396898
  • SchoolDistrictSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Dagsboro Hundred (31005)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Type: Bay
  • Water Frontage In Feet: 75.0

Association / Community Info

Association / Community Info
  • Senior Community: No

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2024
  • Year Assessed: 2024
  • County Tax: $26
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: GR
  • School Tax: $242
  • Automatically Update Tax Values Y/N: Yes

Rooms

Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main

Building Info

Building Info
  • Total Finished SQFT: 576.00
  • Total Finished SQFT Source: Assessor

Lot / Land Information

Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 60.00 x 190.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5144468

Parking

Parking
  • Type Of Parking: Driveway

Interior Features

Interior Features
  • Fireplace: No
  • Appliances: Washer, Dryer, Stove, Refrigerator
  • Accessibility Features: None

Exterior Features

Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade

Utilities

Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic

Property History for 27992 Possum Point Road

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Closed

BRIGHT #DESU2086474

$220,000—
Aug 28, 2025

Closed (Public Record)

Public Record #1914764099

$220,000—
Aug 27, 2025

Closed (Public Record)

Public Record #1914764170

$155,000—
DateEvent & SourcePrice
09/19/2025

Closed

BRIGHT #DESU2086474

$220,000
08/28/2025

Closed (Public Record)

Public Record #1914764099

$220,000
08/27/2025

Closed (Public Record)

Public Record #1914764170

$155,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

27992 Possum Point Road

Beds

0

Lot Size

16,000 SqFt

Style

Miscellaneous Residential

Zoning

GR

County

SUSSEX

APN

233-1.00-52.00

Schools near 27992 Possum Point Road

This home is within Indian River School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Clayton (John M.) Elementary School
PublicK to 5

Selbyville Middle School
Public6 to 8

Indian River High School
Public9 to 12

Ennis (Howard T.) School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Parker Group

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.