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71 Frisco Dr, Magnolia, DE, 19962

3beds
2baths
1,778sqft
$499,990
$281price/sqft
$3,107/moest. monthly cost
$124,280/yrincome needed

About This Home

Welcome to K. Hovnanian's Four Seasons at Hatteras Hills, a resort-style 55+ community in Magnolia, DE. Just a short drive from Delaware's breathtaking beaches and more, you'll discover luxurious, low-maintenance living with endless amenities and new-construction homes featuring up to 4 beds, 3.5 baths, 2,737 sq. ft., each finished in one of our designer-curated Looks for cohesive style in your new home. With a variety of floorplans featuring first-floor primary suites and finishes in our Loft, Farmhouse, Classic, or Elements Looks, you can enjoy a designer-curated style in your new home tailored to your preferences. Offered By: K. Hovnanian's Four Seasons at Hatteras Hills, LLC The Asheville offers: Efficient kitchen featuring white cabinetry, center island, & corner pantry. Spacious great room with beautiful vaulted ceiling. Charming dining area adjacent kitchen makes mornings easy. Private primary suite & bath featuring generous walk-in closet. Versatile screened deck for relaxing with friends. Finished basement with bath provides additional living space. Attached 2-car garage for vehicles & tools.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: K Hovnanian's Four Seasons

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,778 sqft

Property

Features

  • Levels: 1.0
  • Stories: 1

Parking

  • Total spaces: 2
  • Parking features: Attached,Detached
  • Has garage: Yes
  • Attached garage 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
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hurricane
Heat Wave
Lightning
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 $2,528$30,336
Home Insurance *$149$1,788
Property Taxes $179$2,148
Electricity $251$3,021
Total$3,107$37,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,525/yr
40% on housing$93,210/yr
45% on housing$82,853/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 19962$151
Kent County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19962$199
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
2026-05-06Price change$489,990
2026-04-28Listed for sale$506,186

New Construction Spec

BrokerageK Hovnanian's Four Seasons

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