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For sale
  • Price cut: $25K (7/22)
    $1,400,000

    27535 Medallion Ave, Millsboro, DE 19966

    4beds
    3,625sqft
    : 
    $8,032/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    0.28 Acres Lot
    $1,343,900 Zestimate®
    $386/sqft
    $402/mo HOA

    What's special

    Custom trimPremium golf course homesitePremium bosch appliancesCustom cement sidingManicured landscapingSpacious loftCustom pillars
    Welcome to 27535 Medallion Ave. and experience elevated coastal luxury in this exceptional expanded Bethany model by Schell Brothers. Perfectly nestled within the highly sought after Lakeside community of the Peninsula on Indian River Bay, this premium golf course homesite provides a protected green park setting in front and a 180° Lakeside view behind where you can lounge, birdwatch and take in all that nature has to offer. This remarkable residence offers a rare opportunity to own within one of the community's most desirable enclaves, where no additional Lakeside lots remain. Thoughtfully designed and impeccably maintained with 3625 square feet of luxurious living space, this 4-bedroom 3.5 bath home offers timeless coastal elegance with extensive builder and custom upgrades throughout. From the moment you arrive the home greets you with a lasting impression with custom cement siding, upgraded architectural details, custom pillars, manicured landscaping and expanded garage designed for both convenience and storage. Inside, engineered hardwood floors flow seamlessly throughout the main and second floor living spaces complemented by wainscoting, custom trim, designer lighting, window treatments and upgraded finishes that create an atmosphere of understated sophistication. The expansive open concept floor plan is filled with natural light and designed for everyday comfort and effortless entertaining. At the heart of the home, the gourmet kitchen showcases 42" upgraded cabinetry and premium Bosch appliances including a 5-burner gas cooktop, double wall ovens, built in microwave, and refrigerator with icemaker. Generous granite countertops provide ample prep and gathering space, ideal for hosting family and friends. The adjoining dining and living areas seamlessly connect to the outdoor living spaces framing serene lake views that serve as the perfect environment to daily living. Designed with flexibility and comfort in mind, the home features both first and second floor primary suites, making it ideal for multigenerational living or hosting guests while offering complete privacy. The main level primary suite is an elegant retreat featuring an extended 4' sitting area, elegant tray ceiling with custom trim, and a beautifully appointed spa inspired bath. The primary bath offers wide format porcelain tile flooring, a freestanding clawfoot cast-iron soaking tub, and upgraded Kohler fixtures and finishes. Upstairs, 2 additional bedrooms, a spacious loft, and second primary suite provide exceptional versatility for relaxation, recreation, and guest accommodations. Aviation ceiling fans with carefully selected upgrades further elevate, both style and functionality. Outdoor living is equally impressive highlighted by a 36‘x20‘ paver stone patio overlooking the tranquil lake and the 11th tee of the Jack Nicklaus signature golf course, creating the perfect setting for entertainment or relaxing and simply enjoying the beauty of nature. The property has also been thoughtfully upgraded electrically to accommodate the future installation of a 16‘x36‘ inground swimming pool and hot tub offering endless possibilities for creating a private outdoor oasis. A Generac whole house generator provides additional peace of mind and year-round comfort. Located within the gated amenity rich Peninsula community, residents enjoy access to a Jack Nicklaus signature golf course, indoor and outdoor pools(including a wave pool with a sandy beach and an adult only pool), fitness center, spa, bocce, tennis and pickleball courts, walking trails, fishing piers, private Bay beach, water sports, clubhouse, and poolside dining - a truly unmatched coastal lifestyle. Conveniently located just a short drive to historic Lewes, Rehoboth, and Delaware and Ocean City beaches. Combining the premium location, breathtaking views, classic upgrades, and rarity of Lakeside living, this home offers a unique opportunity to enjoy resort style living at its finest!
    89 days
    |
    514
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Walsh 443-219-7660,

    Coldwell Banker Realty 3025391777

    Source: Bright MLS,MLS#: DESU2111816MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Upper
      Primary bathroom
      • Level: Main
      Bathroom 2
      • Level: Upper
      Bathroom 3
      • Level: Upper
      Dining room
      • Level: Main
      Family room
      • Level: Upper
      Half bath
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Mud room
      • Level: Main
      Heating
      • Heat Pump, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Cooktop, Dishwasher, Double Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
      • Laundry: Main Level, Hookup, Laundry Room, Mud Room
      Features
      • Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Molding, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas/Propane
      Interior area
      • Total structure area: 3,625
      • Total interior livable area: 3,625 sqft
      • Finished area above ground: 3,625
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener, Attached, Driveway
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Exterior features: Extensive Hardscape, Stone Retaining Walls
      • Pool features: Community
      • Has view: Yes
      • View description: Lake, Golf Course
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake
      Lot
      • Size: 0.28 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 23430.00131.00
      • Zoning: MR
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Crawl Space
      Condition
      • Excellent
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security Gate
      • Subdivision: Peninsula
      HOA
      • Has HOA: Yes
      • Amenities included: Bar/Lounge, Basketball Court, Beach Access, Bike Trail, Billiard Room, Cable TV, Clubhouse, Common Grounds, Community Center, Dining Rooms, Dog Park, Fitness Center, Game Room, Gated, Golf Club, Golf Course, Golf Course Membership Available, Spa/Hot Tub, Jogging Path, Meeting Room, Party Room, Picnic Area, Pier/Dock, Indoor Pool, Pool, Putting Green, Recreation Facilities, Sauna, Security, Tennis Court(s), Tot Lots/Playground
      • Services included: Cable TV, Common Area Maintenance, Fiber Optics Available, Health Club, Maintenance Grounds, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Security, Trash
      • HOA fee: $1,205 quarterly
      • HOA name: LEGUM & NORMAN
      Location
      • Region: Millsboro

      Financial & listing details

      • Price per square foot: $386/sqft
      • Tax assessed value: $1,095,500
      • Annual tax amount: $2,340
      • Date on market: 5/14/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $1,343,900

        $1.28M - $1.41M

        $3,540/mo

        Price history

        DateEventPrice
        7/22/2026Price change$1,400,000-1.8%$386/sqft
        Source: Bright MLS #DESU2111816 Report a problem
        5/14/2026Listed for sale$1,425,000+59.1%$393/sqft
        Source: Bright MLS #DESU2111816 Report a problem
        7/6/2018Sold$895,806+155.9%$247/sqft
        Source: Agent Provided Report a problem
        1/10/2018Sold$350,000$97/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,352 +12.2%$547,750 +986.8%
        2024$2,096 +0.1%$50,400
        2023$2,094 +1.6%$50,400
        2022$2,060 +3.1%$50,400
        2021$1,999 +4.8%$50,400 +1.7%
        2020$1,908 $49,550 +891%
        2019$1,908 +4.4%$5,000 -89.9%
        2018$1,828 -2.4%$49,550 +891%
        2017$1,874 +1015.3%$5,000
        2016$168 -3%$5,000
        2015$173 +1.5%$5,000
        2014$171 -1.1%$5,000
        2013$172 +4%$5,000
        2012$166 +1%$5,000
        2011$164 $5,000
        2010$164 +0.4%$5,000
        2009$163 $5,000
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 19966

        Getting around

        6 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Indian River

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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