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243 Grapevine Way, Milford, DE, 19963

5beds
5baths
4,088sqft
$610,000
$149price/sqft
$3,914/moest. monthly cost
$156,560/yrincome needed

About This Home

Newer construction with the space already finished out. This 2023-built single-family home offers 2,888 square feet across 4 bedrooms and 3.5 bathrooms on the main and upper levels — plus a fully finished basement that adds a rec room, an extra bedroom, and a full bath. Set on a generous half-acre lot in one of Milford's desirable communities. The main level features one of the primary bedrooms and opens into a bright living and kitchen area built for everyday life and weekend entertaining. Step out to a screened-in porch and an open deck — your outdoor living rolled into one. Upstairs, three well-sized bedrooms include a second private primary suite. Central air keeps every room comfortable year-round. Downstairs, the finished basement turns into whatever you need it to be: a media room, a guest suite or office that keeps work life separate from the rest of the house. An attached garage handles parking and storage. Milford puts you minutes from Route 1, Bayhealth Sussex Campus, and downtown — with an easy drive to Delaware's beaches.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Milford Central AcademyGrades 6-82.4 mi
5/10

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Mixed

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Double Oven,Electric Water Heater

Basement

  • Area: 1200

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Finished area below ground: 1,200
  • Finished area above ground: 2,888

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,088
  • Total interior livable area: 4,088 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: MD0018202011300000
  • Zoning: AC
  • Special condition: Standard
  • Exclusions: Pellet Stove

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.51 Acres
  • Lot size dimensions: 86.83 x 249.74

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Drought
Hurricane
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,084$37,008
Home Insurance *$230$2,760
Property Taxes $148$1,776
Electricity $452$5,425
Total$3,914$46,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,194/yr
40% on housing$117,420/yr
45% on housing$104,373/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 19963$221
Kent County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19963$203
Kent County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$597,000
2026-06-26Price change$610,000
2026-05-21Listed for sale$630,000
2023-02-16Sold$563,776

For Sale by Agent

AgentMarcus Rush
BrokerageCompass

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