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78 Anchor Ln, Milford, DE, 19963

5beds
4baths
2,056sqft
$485,000
$236price/sqft
$3,003/moest. monthly cost
$120,120/yrincome needed

About This Home

Welcome to this beautifully maintained 5 bedroom, 3.5-bath home with a two-car garage, offering the perfect combination of space comfort and functionality in the town of Milford. As you enter the home, you're welcomed by a bright and spacious living room featuring fresh paint and elegant crown molding creating a warm and inviting first impression. The living area flows seamlessly into the spacious kitchen offering ample cabinet and counter space for everyday living and entertaining. Just off the kitchen you'll find a generously sized pantry, a versatile flex room used as a home office and a convenient half bath for guests. Upstairs the spacious primary suite serves as a private retreat with a large ensuite bathroom featuring a double vanity, soaking tub, and separate shower. Three additional bedrooms complete the upper-level including one oversized bedroom that offers exceptional space for family or guests. The fully finished basement provides incredible flexibility with a fifth bedroom a full bathroom and a second kitchen area complete with cabinetry, stovetop, refrigerator and sink. The open living area offers endless possibilities whether you envision a recreations room, media room, fitness area, or space for mult-generational living. Step outside to enjoy the freshly updated and painted deck overlooking a spacious backyard, perfect for entertaining, relaxing, or outdoor gatherings. A storage shed provides additional space for tools, lawn equipment and seasonal items. Ideally located in Milford, this home is just minutes from Bayhealth Hospital, shopping, dining, schools, and everyday conveniences while offering easy access to Delaaware award winning beaches including, Lewes, Rehobeth beach and Dewey beach. wit its generous living space. flexible floor plan and prime location this home is ready to welcome its next owners. Schedule your tour today.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Milford Central AcademyGrades 6-80.5 mi
5/10

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Other
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,056

Heating & Cooling

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

Interior Area

  • Total structure area: 2,056
  • Total interior livable area: 2,056 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: MD1617401035400000
  • Zoning: R1
  • Special condition: Standard

Features

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

Lot

  • Lot size: 10,019 sqft
  • Lot size dimensions: 80.00 x 125.56

Parking

  • Parking features: Driveway,On Street
  • 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
  • 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 $2,452$29,424
Home Insurance *$182$2,184
Property Taxes $118$1,416
Electricity $251$3,021
Total$3,003$36,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,960/yr
40% on housing$90,090/yr
45% on housing$80,080/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

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 19963$219
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
2026-08-03Price change$485,000
2026-07-07Listed for sale$500,000
2021-07-12Listing removed$410,000
2021-06-12Listed for sale$410,000
2017-07-05Sold$249,900
2017-01-24Price change$249,900
2016-10-06Price change$254,900
2016-08-05Listed for sale$260,000

For Sale by Agent

AgentJemimah Chuks
BrokerageEXP Realty, LLC

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