LENDER VALUATION COMPLETED | SHORT SALE UNDERWAY | RENOVATED 2022 | INDIAN RIVER WATERFRONT COMMUNITY + MARINA ACCESSTHE SHORT SALE PROCESS IS ALREADY UNDERWAY — NOT STARTING FROM SCRATCH. The lender's appraisal is complete, and the current list price reflects the lender-established valuation. An experienced third-party processor is facilitating the file, with an estimated 45–60 day settlement timeline. Sale and timeline remain subject to lender approval.WHY BUY A HOME THAT STILL NEEDS UPDATES? Completely renovated in 2022, this move-in-ready 3-bedroom coastal cottage in Warwick Park, Millsboro, Delaware is a rare find for buyers seeking a renovated home near the Indian River in a waterfront community with marina access. Major systems are already addressed, with an oversized .36-acre lot and detached garage.THE WORK HAS ALREADY BEEN DONEThe 2022 renovation included a new kitchen with quartz countertops, cabinetry and stainless steel appliances; LVP flooring throughout; new windows; new roof; and new HVAC heat pump. The bathroom was completely renovated with classic subway tile, with significant improvements also made to the septic system and well.Natural light fills the spacious living area, while a screened porch overlooks the oversized lot with room to envision a pool, hot tub, outdoor kitchen, fire pit, or expanded entertaining space. The detached two-car garage adds valuable vehicle, boating gear, storage, or workshop space.A RARE FIND FOR BOAT + RV OWNERSWarwick Park is an established waterfront and boating community near the Indian River with a community marina (additional boat slips will be built), gazebo, and picnic area within walking distance. The Indian River Yacht Club is adjacent to the community amenities, and the HOA allows boat and RV storage in your own yard—a rare advantage for buyers seeking marina access and a true Delaware boating lifestyle.THE RENOVATION IS DONE. THE COASTAL LIFESTYLE IS WAITING.Ideal as a primary residence, downsizing opportunity, Delaware beach-area retreat, second home, or coastal investment property. Move in and start enjoying life near the Indian River.Short sale process underway with experienced third-party processor. Estimated settlement timeline is approximately 45–60 days, subject to lender approval and short sale processing. Required short sale disclosures must be signed and submitted with all offers.
Listed by:
Monument Sotheby's International Realty
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jul 10, 2026 | 4 days ago | Price decreased10,000 (3%) | $340,000 |
| Jun 11, 2026 | 1 mo ago | Price increased11,000 (3%) | $350,000 |
| Apr 4, 2026 | 3 mos ago | Price decreased11,000 (3%) | $339,000 |
| Dec 23, 2025 | 7 mos ago | New on market | $350,000 |