501 FEDERAL STREET, MILTON, DE 19968 - PenFed Realty Mid-Atlantic

$449,000

Perfectly positioned just a short stroll from the heart of downtown Milton, this beautifully maintained and newly furnished residence seamlessly blends timeless character with thoughtful modern updates, presenting an exceptional opportunity for both homeowners and investors. Situated on an expansive corner lot just outside the Historic District (and not subject… Read More to architectural restrictions), the property offers rare flexibility paired with outstanding walkability to local dining, boutique shops, the library, and Milton Memorial Park. Inside, classic charm is evident throughout, highlighted by refinished hardwood flooring and a well-designed floor plan. The main level features an oversized living room, a separate dining area, a full bath, and a well-appointed kitchen with new stainless steel appliances, along with a convenient laundry area equipped with an updated washer and dryer. The unfinished basement is ideal for additional storage. Upstairs, three bedrooms include a comfortable primary suite, complemented by a beautifully updated full bath featuring a newly installed oversized tile shower. Outdoor living is equally inviting, with a welcoming front porch and a spacious newly constructed rear deck overlooking the private backyard, perfect for relaxing or entertaining. The deep lot affords ample off-street parking and includes a large detached two-car garage, ideal for storing beach gear, bikes, and lawn equipment. Additional upgrades include a newly installed outdoor shower, cordless blinds throughout, a new dining room chandelier, and comfort-height toilets on both levels. Major systems including windows, roof, heating, vinyl siding, and gutters are all relatively recent updates, offering added peace of mind and long-term value. High-quality furnishings in the living room, dining room, and bedrooms, along with newly purchased televisions, convey with the sale, making this a truly turnkey offering. Whether as a full-time residence, weekend retreat, or investment property with strong rental potential, this home delivers an ideal blend of location, charm, and versatility in one of coastal Delaware's most desirable small-town settings. Enjoy the best of Milton's coastal lifestyle with a variety of nearby recreational opportunities. Launch a kayak from the downtown park along the Broadkill River, spend the day golfing at The Rookery Golf Course, or enjoy fishing at Wagamon's Pond. Nature enthusiasts will appreciate exploring the scenic beauty of Prime Hook National Wildlife Refuge. Ideally located, Milton is within approximately 30 minutes of Downtown Lewes, Lewes Beach, Cape Henlopen State Park, and Rehoboth Beach. The property also offers convenient access to Milton Elementary School, Mariner Middle School, and the renowned Dogfish Head Craft Brewery! Read Less

Courtesy of HENRY A JAFFE, Monument Sotheby's International Realty 302-227-6767

Listing Snapshot

Days Online

Last Updated

Apr 28, 2026

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

1,300

Lot Size

0.2 Acres

Year Built

1930

MLS Number

DESU2110368

Additional Details

Property Access

Road Responsibility: Public

Appliances & Equipment

Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Stainless Steel Appliances, Water Heater

Basement

Sump Pump, Full, Interior Access

Building

Built in 1930, Living area: 1300, Building faces Northwest, Levels: 2, Construction Materials: Stick Built, Vinyl Siding

Cooling

Central A/C

Doors

Insulated

Accessibility Features

None

Exterior Features

Patio/Porch Features: Deck(s), Porch(es), Sidewalks, Exterior Lighting, Outside Shower

Floors

Hardwood, Tile/Brick

Foundation

Block

Garage

2 spaces

Heating

Forced Air

Interior Features

Attic, Bathroom - Walk-In Shower, Dining Area, Floor Plan - Traditional, Wood Floors

Lot

0.2 acres, Dimensions: 68.00 x 125.00, Landscaping, Trees/Wooded

Parking

Paved Driveway

Property

Good, Other structures: Above Grade, Below Grade, Street

Roof

Architectural Shingle

Sewer

Public Sewer

Taxes

Annual Amount: $1,523, Lot: 85, Year: 2025, Zoning: TN

Utilities

Under Ground, Water Source: Public

Windows

Insulated, Double Pane

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