See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5204 Brown St, Milford, DE, 19963

2beds
2baths
2,250sqft
$2,999,999
$1,333price/sqft
$17,368/moest. monthly cost
$694,720/yrincome needed

About This Home

🌊 <B>Looking for Your Own Private Paradise With Delaware Bay Access?</B> Welcome to <B>Riverhouse Marina</B>— a rare, gated waterfront estate that feels more like a private resort or state park than a single property. Set on over 8 acres of pristine waterfront, this one-of-a-kind retreat offers approximately 1,000 feet of frontage along the Mispillion River and over 500 feet of dock space with water and electric, delivering quick, <B>deep-water access to the Delaware Bay.</B> Whether you’re boating, entertaining, investing, or simply unplugging, this property delivers freedom, privacy, and possibility. ⚓ <B>Marina, Grounds & Entertaining</B> -Over 500 ft of dockage with utilities -Three RV hook-ups with room to expand -Pavilion and Tiki Bar area — perfect for events & gatherings -Expansive parking for guests, trailers, and toys -No HOA — use it your way -Ideal for Airbnb, Hipcamp, private retreats, or personal use 🏡 <B>Waterfront Living at Its Finest</B> The home offers nearly 360-degree water views, immersing you in nature from every angle. <B>Highlights include:</B> -Primary suite with private balcony and massive walk-in closet and full bath -Vaulted ceilings for an open, airy feel -Kitchen island ideal for entertaining -Hardwood floors throughout the first floor -Convenient first-floor bedroom and full bath -NEW electric fireplace for modern warmth and ambiance -NEW dishwasher -Newer roof (within last 2 years) with transferable warranty -NEW water heater 🛠 <B>Bonus Buildings & Extras</B> -Large outbuilding / warehouse / garage for boats, equipment, and toys -NEW heater installed in the warehouse/garage building -Includes two golf carts for easy cruising around the property 🌿 <B>Lifestyle & Location</B> This property truly feels like your own private nature preserve — abundant wildlife, peaceful water views, and endless space to explore. -Minutes to downtown Milford for shopping & dining -Quick access to Route 1 -Delaware Bay beaches — approx. 10 minutes -Delaware resort beaches — approx. 30 minutes This is not just a home — it’s a destination, an investment, and a legacy property all in one. Opportunities like this simply do not come around often. 🎥 Be sure to watch the detailed video tour in the virtual link and experience Riverhouse Marina for yourself. <B>You won’t find anything else like it.</B>

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
Milford Central AcademyGrades 6-81.4 mi
5/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1993

Materials

  • Foundation: Block
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Extra Refrigerator/Freezer,Double Oven,Oven,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer Stacked,Water Heater
  • Laundry features: Upper Level

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Kitchen Island
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,250

Heating & Cooling

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

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 33007.0015.00
  • Zoning: TOWN
  • Zoning description: R2
  • Special condition: Standard
  • Exclusions: Housers Marina Signs,Tractor And Lawn Equipment In Pole Building,Fire Pit At Home Patio

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Brick
  • Exterior features: Boat Storage,Lighting,Storage,Balcony
  • Has view: Yes
  • View description: River,Trees/Woods,Water,Panoramic
  • Has water view: Yes
  • Water view: River,Water
  • On waterfront: Yes
  • Waterfront features: Private Dock Site,River,Boat - Powered,Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Private Access
  • Waterbody name: Mispillion River
  • Frontage length: Water Frontage Ft: 1000

Lot

  • Lot size: 8.34 Acres
  • Features: Fishing Available,Private,Secluded
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 25
  • Parking features: Garage Door Opener,Attached,Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Has uncovered spaces: Yes
  • Uncovered spaces: 20

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

  • Coastal Flooding
    Coastal FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Hurricane
Inland Flooding
Winter Weather
Drought
Heat Wave
Lightning
Strong Wind
Wildfire

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 $15,169$182,028
Home Insurance *$1,131$13,572
Property Taxes $817$9,804
Electricity $251$3,021
Total$17,368$208,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$595,474/yr
40% on housing$521,040/yr
45% on housing$463,146/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: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,333This listing

vs Other Active Listings

Avg $/sqft

ZIP 19963$188
Sussex County$245

vs Homes Sold Last Month

Median $/sqft

ZIP 19963$203
Sussex County

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)

No zestimate history available

Price History

DateEventPrice
2026-01-15Price change$2,999,999
2025-04-24Price change$3,300,000
2024-07-29Listed for sale$3,500,000

For Sale by Agent

AgentRenee Edge
BrokerageKeller Williams Realty

Similar Homes