Discover the potential in this 3-bedroom, 2.5-bathroom townhome located in the desirable Shipbuilders Village community of Milton. Offering approximately 1,400 square feet across three levels, this home provides a functional layout with plenty of space to make your own. Enjoy a prime location within walking distance to local schools, parks, downtown Milton, and a variety of restaurants and shops—perfect for those who appreciate convenience and a vibrant neighborhood atmosphere. The property also features a spacious deck, ideal for outdoor relaxation or entertaining. With rentals of 30 days or more permitted, this home presents a great opportunity for both homeowners and investors alike. While it does need some TLC, it’s a fantastic chance to add value and customize to your style. Don’t miss the opportunity to bring new life to this well-located townhome!
Sold for $225,000
$225,000
506 S Spinnaker Ln, Milton, DE 19968
4beds
1,400sqft
Townhouse
Built in 2004
1,742 Square Feet Lot
$224,300 Zestimate®
$161/sqft
$2,207 Estimated rent
Home value
$224,300
$209,000 - $242,000
$2,207/mo
Zestimate® history
Owner options
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$2,207/mo
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$2,207/mo
Rent Zestimate®
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$1,013/mo
Est. payment
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$1,013/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dustin Oldfather 302-249-5899,
Compass,
Co-Listing Agent: Clifford K Mccall 302-258-5683,
Compass
Bought with:
Dustin Oldfather, RS-0017091
Compass
Clifford McCall, 0025692
Compass
Source: Bright MLS,MLS#: DESU2107108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Oven/Range - Gas, Range Hood, Exhaust Fan, Refrigerator, Dishwasher, Disposal, Microwave, Washer, Dryer, Water Heater, Electric Water Heater
- Laundry: Lower Level
Features
- Ceiling Fan(s)
- Flooring: Carpet, Vinyl
- Doors: Storm Door(s)
- Windows: Storm Window(s), Screens
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Front, Concrete, Attached, Driveway
- Attached garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 1,742 sqft
- Dimensions: 20.00 x 94.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 23514.00224.00
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Block, Stick Built
- Foundation: Block
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Milton
- Subdivision: Shipbuilders Village
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $225,000-18.2%$161/sqft |
Source:  Bright MLS #DESU2107108 Report a problem | ||
| 4/10/2026 | Pending sale | $275,000$196/sqft |
Source: Bright MLS #DESU2107108 Report a problem | ||
| 9/11/2015 | Listing removed | $1,075$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 9/5/2015 | Listed for rent | $1,075+7.5%$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 7/29/2015 | Listing removed | $1,000$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
| 7/27/2015 | Listed for rent | $1,000$1/sqft |
Source: Ocean Atlantic Sotheby's International Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $446 -51.2% | $105,550 +469% |
| 2024 | $914 +0.1% | $18,550 |
| 2023 | $914 +3.6% | $18,550 |
| 2022 | $882 +0.9% | $18,550 |
| 2021 | $874 +0.3% | $18,550 |
| 2020 | $871 | $18,550 |
| 2019 | $871 -0.1% | $18,550 |
| 2018 | $872 +7.1% | $18,550 |
| 2017 | $815 +9.9% | $18,550 |
| 2016 | $741 +4.7% | $18,550 |
| 2015 | $708 +0.7% | $18,550 |
| 2014 | $703 +2.9% | $18,550 |
| 2013 | $683 +0.4% | $18,550 |
| 2012 | $680 +11.9% | $18,550 |
| 2011 | $608 | $18,550 |
| 2010 | $608 -3% | $18,550 |
| 2009 | $627 | $18,550 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19968
Nearby schools
GreatSchools rating
- 7/10H. O. Brittingham Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Mariner Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 9.4 mi
Schools provided by the listing agent
- High: Cape Henlopen
- District: Cape Henlopen
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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$224,300
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$228,786
- Delaware
- Sussex County
- Milton
- 19968
- 506 S Spinnaker Ln
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