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91 Old Red Mill Rd, Newark, DE, 19711

0beds
0baths
0sqft
$240,000
--price/sqft
$1,680/moest. monthly cost
$67,200/yrincome needed

About This Home

Welcome to a slice of history in Newark, Delaware, where this historic mill presents an extraordinary opportunity. Situated on a lush .7-acre plot, this unique structure backs up to the picturesque White Clay Creek, offering serene views and a tranquil setting. Imagine the possibilities as this mill, brimming with character, could be transformed into a stunning single-family home or a collection of townhomes. It's a blank canvas for those with a vision to create a living space that blends historical charm with modern living. The mill is not just limited to residential conversion. It also holds immense potential as a workshop or studio, ideal for artisans, craftsmen, or anyone with a hobby that requires space and inspiration. The ambiance here is just right for creativity and productivity to flourish. Importantly, the mill is already connected to public sewer and has electric, laying the groundwork for renovation and reducing initial development hurdles. This feature is invaluable, saving time and resources as you embark on transforming this space. This property is not just a building; it's a chance to own and shape a piece of history, making it a personal dream project or an investment with significant upside. For those who see the beauty in the old and the potential in the new, this historic mill in Newark is an opportunity waiting to be seized. **This property is not livable in its current condition. Cash or hard money financing ONLY.**

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
3/10
Newark High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1726

Materials

  • Foundation: Stone
  • Roof: Metal
  • Construction materials: Stone,Wood Siding

Type & Style

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

Interior

Basement

  • Area: 0

Features

  • Wood Walls,Wood Ceilings
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 08060.00017
  • Zoning: S
  • Special condition: Standard
  • Exclusions: All Personal Items Within The Mill Will Be Removed By The Seller Prior To Closing.

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • Waterfront features: River

Lot

  • Lot size: 0.73 Acres
  • Features: Fishing Available,Flood Plain,Stream/Creek
  • Lot size dimensions: 255.30 x 176.90

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
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 $1,213$14,556
Home Insurance *$72$864
Property Taxes $144$1,728
Electricity $251$3,021
Total$1,680$20,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,600/yr
40% on housing$50,400/yr
45% on housing$44,800/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 19711$196
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19711$206
New Castle County$218

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
2025-10-06Price change$240,000
2025-08-01Listed for sale$295,000
2025-08-01Listing removed$295,000
2024-11-18Price change$295,000
2024-07-05Listed for sale$350,000
2024-04-13Listing removed--
2023-11-21Listed for sale$450,000
1989-10-06Sold$15,000

For Sale by Agent

AgentAmanda Bradford
BrokerageCrown Homes Real Estate

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