4 BEDROOM 4.5 BATH with PARTIALLY FINISHED BASEMENT on the Pond! Stunning Schell Brothers home gracefully positioned along one of the neighborhood's picturesque lakes in sought-after Peninsula Lakes community, offering tranquil water views and exceptional living space across three beautifully finished levels. Impeccably maintained and thoughtfully updated, this residence feels fresh and inviting, with recently painted interiors throughout the main and upper levels enhancing its like-new appeal. A welcoming front porch sets the tone for what awaits inside. Rich hand-scraped hardwood flooring flows throughout the main level, creating warmth and cohesion. The two-story foyer is flanked by a private home office with French doors, ideal for today's flexible lifestyle. Beyond, the light-filled great room unfolds, framed by expansive picture windows that capture panoramic lake views. A detailed fireplace and custom built-in feature wall anchor the space, blending comfort with refined craftsmanship. The gourmet kitchen is truly the heart of the home. A dramatic boomerang-shaped island with a deep farmhouse sink and breakfast bar seating commands attention, surrounded by 42" display cabinetry, elegant quartz countertops, stainless steel appliances, a spacious pantry, and a built-in planning station/buffet. Whether hosting gatherings or enjoying everyday meals, the adjacent dining area provides the perfect setting. Just beyond, the solarium offers a serene retreat for morning coffee, all while overlooking the shimmering lake. A spacious mudroom with garage access and a well-appointed powder room complete the main level. Upstairs, the primary suite serves as a private sanctuary, featuring dual walk-in closets and a spa-inspired bath with double vanities, soaking tub, glass-enclosed shower, private water closet, and a private balcony overlooking the water, the perfect place to unwind at day's end. Three additional bedrooms, each with walk-in closets, two additional full baths, a convenient laundry room, and generous walk-in attic storage complete the upper level. The finished lower level expands the home's versatility, offering a large family and recreation area with defined spaces for media, games, and relaxation, along with a full bath and storage rooms, ideal for entertaining or multi-generational living. Recent updates include a new dishwasher, sump pump, and upper-level thermostat, providing added peace of mind.
Peninsula Lakes offers resort-style amenities including 11 scenic lakes, walking trails, clubhouse, fitness center, outdoor pool with splash pad, pickleball courts, fishing pier, dog park, shaded verandas, and a patio bar and lounge. Ideally located in Millsboro, just minutes from Lewes and Rehoboth Beach, this exceptional home delivers luxury lakefront living with coastal convenience.
Property Type(s):
Single Family
|
Last Updated
|
8/25/2026
|
Tract
|
PENINSULA LAKES
|
|
Year Built
|
2017
|
Community
|
Indian River Hundred (31008)
|
|
Garage Spaces
|
2.0
|
County
|
SUSSEX
|
SCHOOLS
| School District |
INDIAN RIVER |
| Elementary School |
LONG NECK |
| Jr. High School |
SUSSEX CENTRAL |
| High School |
SUSSEX CENTRAL |
Price History
|
Prior to Mar 12, '26
|
$825,000 |
|
Mar 12, '26 - Mar 24, '26 |
$799,000 |
|
Mar 24, '26 - May 4, '26 |
$775,000 |
|
May 4, '26 - Jun 29, '26 |
$749,000 |
|
Jun 29, '26 - Jul 21, '26 |
$739,000 |
|
Jul 21, '26 - Aug 25, '26 |
$720,000 |
| Aug 25, '26 - Today |
$699,900 |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Electric |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Snow Removal, Trash |
| APPLIANCES |
Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater |
| AREA |
Indian River Hundred (31008) |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Frame, Shake Siding, Vinyl Siding |
| EXTERIOR |
Balcony |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Exhaust Fan, Forced Air, Natural Gas |
| HOA DUES |
772|Quarterly |
| INTERIOR |
Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-in Closet(s) |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Back Yard, Cleared, Front Yard, Waterfront |
| LOT DIMENSIONS |
94.00 x 98.00 |
| PARKING |
Garage Door Opener, Asphalt, Garage, Driveway, Inside Entrance, Attached |
| POOL DESCRIPTION |
Community |
| SEWER |
Private Sewer |
| STORIES |
3+ |
| STYLE |
Coastal, Contemporary |
| SUBDIVISION |
PENINSULA LAKES |
| TAXES |
1172 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Water, Lake, Garden |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Pond |
Location
Listing provided by Northrop Realty
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This IDX solution is (c) Diverse Solutions 2026.
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