7189 Coastal Hwy,
Milford, De 19963
$488,000

3 Bed
2 Bath

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Gentleman's farm with Bed & Breakfast provides two sources of income on one property. If that was not enough, additional acreage can be subdivided into one or two additional parcels for development. The residence operates part time as The Shamrock Bed & Breakfast (fully furnished with antique and Victorian replica pieces). With a location only a short drive from resort beaches and just 1 mile south of the new Bayhealth Hospital Sussex Campus, the buyer could have stable occupancy rates year-round. Guests and owners alike can enjoy the living room with wood/gas fireplace, formal dining room, all-glass sunroom, and eat-in country kitchen. Hardwood floors, dual zone AC/heating units provide old world charm with modern convenience. Secondly, an award winning poultry farm (Purdue Farms Outstanding Grower of the Year, 2017) with a 30'x400' chicken house averaging 14,000 jumbo chickens has generated over $43,000 per year income (net of expenses except electric and maintenance). An additional 20'x500' shed provides storage for farm equipment and a covered work space. In addition, excess land can be used to grow field crops, have a large garden, or have it subdivided using the approximately 500' of frontage along Sharps Road. Other dimensions of property are 340' along Coastal Hwy, 775' along SE boundary, and 455' along tree-lined NE boundary (all approximate). Mature fruits such as grapes, blueberry, blackberry, and apples on property. Please request showings more than 24 hours in advance. Estimated over $25,000 in furniture and farm equipment free to the to the new owner. Great investment and income opportunity for the right buyer! Please allow at least 24 hours notice to schedule showing of property.


Essentials

MLS Number
Desu145256
List Price
$488,000
Bedrooms
3
Full Baths
2
Half Baths
0
Standard Status
Active
Year Built
1948
New Construction
N
Property Type
Residential
Waterfront
N

Location

Address
7189 Coastal Hwy, Milford, De
Subdivision Name
None Available
Acres
8.30
Lot Features
Subdivision Possible, vegetation Planting, not In Development, level, backs To Trees, crops Reserved

Interior

Heating
Hot Water
Heating Fuel
Oil
Cooling
Central A/c, heat Pump(s)
Fireplace
Y
Flooring
Hardwood, laminated
Square Footage
2500

Interior Features

  • Attic
  • Breakfast Area
  • Ceiling Fan(s)
  • Chair Railings
  • Crown Moldings
  • Floor Plan - Traditional
  • Formal/Separate Dining Room
  • Kitchen - Country
  • Kitchen - Island
  • Stall Shower
  • Wainscotting
  • Water Treat System
  • Wood Floors

Appliances

  • Built-In Microwave
  • Cooktop
  • Dryer
  • Freezer
  • Refrigerator
  • Washer
  • Water Heater
  • Oven - Wall

Additional Information

School District
Milford
Tax Annual Amount
$1,767

Listing courtesy of Coldwell Banker Resort Realty - L.

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