27535 MEDALLION AVENUEMILLSBORO, DE 19966

Single Family · 4 Beds · 3 Full Baths · 1 Half Bath · 3,625 Sq. ft. | 0.28 Acres
$1,425,000 ACTIVE

27535 MEDALLION AVENUE Overview

Time on Site:
46 days
Visits:
7

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!

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27535 MEDALLION AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 3,625
  • Price/Sq.ft. $393
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Billiard Room, Cable, Club House, Common Grounds, Community Center, Dining Rooms, Dog Park, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Hot tub, Jog/Walk Path, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Putting Green, Recreational Center, Sauna, Security, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground, Pickleball Courts
  • Association Fee: $1,205.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Cable TV, Common Area Maintenance, Fiber Optics Available, Health Club, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Security Gate, Trash
  • Association Name: LEGUM & NORMAN
  • Association Recreation Fee: 386.00
  • Association: Yes
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: Peninsula
  • New Construction: No
  • Pool: Yes - Community
  • Total SQFT: 3625
  • Year Built: 2018

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: No
  • MLS Area Major: Indian River Hundred (31008)
  • Subdivision Name: PENINSULA

Parking Information

  • Total Parking Spaces: 4
  • Type of Parking: Attached Garage,Driveway

Tax Information

  • County Tax: 234.00
  • County Tax Payment Frequency: Annually
  • School Tax: 2106.00
  • Tax Annual Amount: $2,340.00
  • Tax Assessed Value: 1095500.00
  • Tax Year: 2025

General Information

  • Property Condition: Excellent
  • Property Type: Residential
  • School District Name: INDIAN RIVER
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: MR

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage Features: Garage Door Opener
  • Garage Spaces: 2.00
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 3625
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas
  • Laundry Type: Main Floor,Hookup

General Information

  • Accessibility Features: None
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Oven - Double, Range Hood, Refrigerator, Stainless Steel Appliances
  • Basement: No
  • Cooling: Central A/C
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Slab
  • Interior Features: Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-in Closet(s), Wood Floors
  • Levels: 2
  • Living Area: 3625
  • Living Area Source: Estimated
  • Main Level Bathrooms: 2.00
  • Main Level Bedrooms: 1
  • Security Features: Security Gate

Room Information

  • Room List: Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Laundry,Mud Room,Bathroom 2,Bathroom 3,Primary Bathroom,Half Bath

Exterior

Lot Information

  • Lot Size Acres: 0.28
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 12197.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: Lake, Golf Course
  • Water Body Type: Lake
  • Water Oriented: Yes
  • Water View: Yes
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Coastal
  • Construction Materials: Frame
  • Patio And Porch Features: Patio(s), Porch(es)

General Information

  • Exterior Features: Extensive Hardscape, Stone Retaining Walls
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: Yes

Room Information

Room: Dining Room

  • Level: Main

Room: Half Bath

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Laundry

  • Level: Main

Room: Living Room

  • Level: Main

Room: Mud Room

  • Level: Main

Room: Primary Bathroom

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Bathroom 2

  • Level: Upper 1

Room: Bathroom 3

  • Level: Upper 1

Room: Bedroom 2

  • Level: Upper 1

Room: Bedroom 3

  • Level: Upper 1

Room: Bedroom 4

  • Level: Upper 1

Room: Family Room

  • Level: Upper 1

27535 MEDALLION AVENUE Neighborhood

Community

19966 (MILLSBORO) Demographics

54
Median Age
323
Population Density (per sq. mile)
35%
College Educated
$61,604
Estimated Median Income
11,093
Estimated Total Home Owners
2,000
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

27535 MEDALLION AVENUE Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

27535 MEDALLION AVENUE Market Data

Based on the last 30 days in this zip code

$417,438
Average List Price
$214
Average Price per Square Foot
75
Properties Sold
134
Average Days on Market
664
Properties for Sale
Calculations provided by Reliance Network

27535 MEDALLION AVENUE History

Date Event Value Agent
5/14/2026Source: BRIGHT MLS Added to Database
May 14, 2026
Listing provided courtesy of Coldwell Banker Realty- MLS# DESU2111816MLS ProviderContact Information: 3025391777