Unique opportunity to purchase 2 single family homes on approximately 2 +/- acres of land with views of the Indian River. Situated in a community known as Possum Point is where you will find this unique property. The first home is approximately 924 square feet and boast a living room, dining area, kitchen, 3 bedrooms, and 2 full bathrooms. The current tenant pays $860.00 per month. The second home is approximately 1,124 square feet and boast a living room, kitchen, dining area, laundry room, 3 bedrooms and 2 full bathrooms. The current tenant pays $975.00 per month. Both homes have a shared septic system. This is an excellent opportunity for an investor or someone looking to occupy one home and keep the second home as a rental for supplemental income.
Single-familyProperty Type
1970Year Built
2.3 acresLot Size
$426Est. Price/Sq.Ft.
Listed by KELLY DELEON• INDIAN RIVER LAND CO
•302-934-8818 (broker)
Bought with SHANNON SCHNABELE• INDIAN RIVER LAND CO
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2.3 Acres
Year renovated
—
Sq. Ft.
2,032
Year built
—
Style
Single Family Residential
County
Sussex County
APN
233-1.00-16.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
GR
General Residential District
The purpose of this district is to provide for medium-density residential use, including all manufactured homes. Manufactured homes shall include those which do not meet certain characteristics of manufactured homes permitted in AR Districts, as contained in Section 115-20A(1).
Directions: From Millsboro, follow Route 24 east through the Town of Millsboro. Right on East State Street. East State Street will become Iron Branch Road. Left on Possum Point Road. Property is ahead on the left. Sign posted.
Road Responsibility: Public
Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: River
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 2,032
Stories: 1.0
Lot Size: 2.3 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Sussex County
APN: 233-1.00-16.00
Home facts updated by county records on Aug 24, 2026
Around this home
Schools
Clayton (John M.) Elementary School
Public K-5 • Assigned • 3.5mi
6/10
Selbyville Middle School
Public 6-8 • Assigned • 8.8mi
7/10
Indian River High School
Public 9-12 • Assigned • 3.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 102° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Millsboro, DE • 19966
Average low and high temperatures (°F)
40
24
45
28
61
40
68
48
74
56
84
65
87
70
79
63
77
61
70
48
59
40
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$375,000 – $453,000
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