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23508 E Gate Dr, Frankford, DE, 19945

3beds
3baths
3,225sqft
$677,990
$210price/sqft
$4,081/moest. monthly cost
$163,240/yrincome needed

About This Home

East Gate by Foxlane Homes offers a rare opportunity to own one of just 88 new construction single-family homes in the heart of Coastal Delaware—minutes from the beaches, shopping, and boardwalk charm of the area’s most beloved seaside towns, including Fenwick Island and Ocean City, Maryland. This exclusive enclave features thoughtfully designed homes with timeless architecture, flexible floor plans, and a low-maintenance lifestyle ideal for coastal living. Built by a respected semi-custom home builder known for exceptional craftsmanship and personalized service, East Gate blends modern comfort with lasting quality. See sales representative for current monthly incentives. Now offering Fall 2026 delivery.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Selbyville Middle SchoolGrades 6-83.6 mi
6/10
Indian River High SchoolGrades 9-126.4 mi

Construction

Condition

  • New construction: Yes

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Advanced Framing,CPVC/PVC,Stick Built

Other

  • Builder model: Newport
  • Builder name: Foxlane Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Coastal,Contemporary,Craftsman,Farmhouse/National Folk
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Energy Efficient Appliances,Self Cleaning Oven,Oven/Range - Gas,Range Hood,Stainless Steel Appliance(s),Gas Water Heater,Tankless Water Heater
  • Laundry features: Main Level,Washer/Dryer Hookups Only

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Bathroom - Walk-In Shower,Bathroom - Tub Shower,Combination Kitchen/Dining,Combination Kitchen/Living,Dining Area,Entry Level Bedroom,Open Floorplan,Kitchen - Gourmet,Kitchen Island,Pantry,Primary Bath(s),Recessed Lighting,9'+ Ceilings,Dry Wall
  • Window features: Energy Efficient
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 3,225

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,225
  • Total interior livable area: 3,225 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors,Accessible Entrance

Details

  • Parcel number: 53311.00844.00
  • Zoning: GR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community

Lot

  • Lot size: 8,775 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Front,Concrete,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Coastal Flooding
Hurricane
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 $3,428$41,136
Home Insurance *$122$1,464
Property Taxes $175$2,100
Electricity $356$4,279
Total$4,081$48,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,920/yr
40% on housing$122,430/yr
45% on housing$108,826/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

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 19945$204
Sussex County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 19945
Sussex County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-17Listed for sale$677,990

New Construction Spec

AgentBradley Smith
BrokerageColdwell Banker Realty

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