Welcome to 278 Otter Run, nestled in the peaceful community of Otter Run in Frederica! This spacious home is perfect for families or hosting guests, with five bedrooms and three and a half bathrooms. Inside, there’s so much to love—a front flex room, a cozy dining room, a kitchen with a great island, and a large living room complete with a natural gas fireplace. The first floor features stylish LVP flooring throughout, giving it a modern yet comfortable feel. The finished walkout basement is a real treat! It includes a bedroom, a full bath, and tons of extra space that’s perfect for a home theater, gym, or whatever suits your lifestyle. And when you step outside, the backyard is ready for fun and relaxation with a large deck, a hot tub, and a fire pit—great for unwinding or entertaining friends and family. The spacious lot gives you plenty of room to garden, play, or soak up the peaceful surroundings. Centrally located just minutes from Route One, this home offers quick access to restaurants and attractions. Head south for a short drive to the beautiful beaches of Lewes and Rehoboth, or head north to Dover and Wilmington. This home is the perfect mix of comfort and convenience, with everything you need for modern living. Don’t wait to make 278 Otter Run your new home; get in touch today to schedule your private tour!
Sold for $449,000
$449,000
278 Otter Way, Frederica, DE 19946
5beds
3,229sqft
Single Family Residence
Built in 2005
0.55 Acres Lot
$461,500 Zestimate®
$139/sqft
$3,187 Estimated rent
Home value
$461,500
$429,000 - $498,000
$3,187/mo
Zestimate® history
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$2,327/mo
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$2,327/mo
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List your homeWhat's special
Hot tubFire pitHome theaterFront flex roomFinished walkout basementNatural gas fireplaceCozy dining room
Zillow last checked:
Listing updated:
Listed by:
Chris Cohan 302-678-4300,
RE/MAX Horizons
Bought with:
Jessica Land, RS-0024807
Century 21 Gold Key-Dover
Source: Bright MLS,MLS#: DEKT2037260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 1094
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,229
- Total interior livable area: 3,229 sqft
- Finished area above ground: 2,135
- Finished area below ground: 1,094
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.55 Acres
- Dimensions: 93.12 x 214.78
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: SM0012104011300000
- Zoning: AC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle
Condition
- Very Good
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Gravity Sept Fld
- Water: Private/Community Water
Community & HOA
Community
- Subdivision: Otter Run
HOA
- Has HOA: Yes
- HOA fee: $264 annually
Location
- Region: Frederica
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $420,700
- Annual tax amount: $1,509
- Date on market: 5/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan,USDA Loan
- Inclusions: Hot Tub. Shed.
- Exclusions: Personal Property, Washer And Dryer
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $449,000$139/sqft |
Source:  Bright MLS #DEKT2037260 Report a problem | ||
| 6/19/2025 | Pending sale | $449,000$139/sqft |
Source: Bright MLS #DEKT2037260 Report a problem | ||
| 5/20/2025 | Contingent | $449,000$139/sqft |
Source: Bright MLS #DEKT2037260 Report a problem | ||
| 5/8/2025 | Listed for sale | $449,000+4992.4%$139/sqft |
Source: Bright MLS #DEKT2037260 Report a problem | ||
| 11/3/2005 | Sold | $8,817$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,959 +1.8% | $420,700 |
| 2024 | $1,924 -3% | $420,700 +536.5% |
| 2023 | $1,984 +11% | $66,100 |
| 2022 | $1,789 +5% | $66,100 |
| 2021 | $1,704 -2.6% | $66,100 |
| 2020 | $1,749 -1% | $66,100 -1.3% |
| 2019 | $1,766 +1% | $67,000 |
| 2018 | $1,749 | $67,000 |
| 2017 | $1,749 +7.6% | $67,000 |
| 2016 | $1,626 +1.2% | $67,000 |
| 2015 | $1,606 +1.4% | $67,000 |
| 2014 | $1,584 | $67,000 +2.1% |
| 2012 | -- | $65,600 |
| 2011 | -- | $65,600 |
| 2010 | -- | $65,600 -3% |
| 2009 | -- | $67,600 |
| 2008 | -- | $67,600 |
| 2007 | -- | $67,600 +6660% |
| 2005 | -- | $1,000 |
| 2004 | -- | $1,000 |
Find assessor info on the county website
Neighborhood: 19946
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Nearby schools
GreatSchools rating
- 6/10Lake Forest East Elementary SchoolGrades: K-3Distance: 2.2 mi
- 4/10Chipman (W.T.) Middle SchoolGrades: 6-8Distance: 8.5 mi
- 5/10Lake Forest High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- District: Lake Forest
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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Estimated market value
$461,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$461,500
- Delaware
- Kent County
- Frederica
- 19946
- 278 Otter Way
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