7 days on RocketTour
$5,818 Closing Credit¹
#DEKT2038310, S Walton Simpson, Listing office: Walt Simpson Realty
$449,000 List price
278 Otter Way Frederica, DE 19946
$5,332
Closing credit¹
5 beds
3 full, 1 partial
3,229 sqft
0.6 acres
$139 / sqft
House
Property details
About 278 Otter Way
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!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size3,229 sqft
BasementYes
Lot size0.55 Acres
Year built2005
ParkingGarage - Front Entry, Attached Garage
MLS #DEKT2037260
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Garage - Front Entry, Attached Garage
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air
- List Price: $449,000
- Price/SqFt: $139
- HOA Amount: $264 Annually
- Annual Tax Amount: $1,984
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 2005
- Stories: 2
- Living Area: 3,229 SqFt
- Lot Size: 0.55 Acres
- MLS Number: DEKT2037260
- MLS Name: BRIGHT
- Office Name: RE/MAX Horizons
- Office Phone: (302) 678-4300
- Office Email: info@delawarerealestate.com
- Listing Agent: Christopher Cohan
- Agent Phone: (302) 678-4300
- Agent Email: chriscohan@remax.net
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,000
278 Otter Way
$5,332
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 28, 2004 | Home Sold | $525,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $420,700 | $1,984 |
| 2023 | $66,100 | $1,984 |
| 2021 | $66,100 | $1,703 |
| 2020 | $66,100 | $1,748 |
| 2019 | $67,000 | $1,748 |
| 2018 | $67,000 | $1,808 |
| 2017 | $67,000 | $1,808 |
History based on county public records data.
Nearby schools
7
Lake Forest East Elementary School
Public District KG-3
2.2 mi
•124 W Front St
5
Lake Forest Central Elementary School
Public District 4-5
4.2 mi
•5424 Killens Pond Rd
8
Lake Forest North Elementary School
Public District PK-3
4.3 mi
•319 E Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,865. The most common annual income of people living in Frederica, DE is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
22%
<35k
53%
35k-100k
22%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Dick's Sporting Goods
Kmart
Where do the neighbors go to eat?
Little Caesars
Arbys
Bob Evans
What do the neighbors drive?
Chevrolet
GMC
Buick
What do the neighbors listen to?
Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 278 Otter Way
The listing price of 278 Otter Way property is $449,000.
The property 278 Otter Way is a house located in Frederica, Delaware, 19946.
Accepting Backup Offers: 278 Otter Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 278 Otter Way are: Lake Forest East Elementary School (GreatSchools Rating 7/10), Lake Forest Central Elementary School (GreatSchools Rating 5/10), Lake Forest North Elementary School (GreatSchools Rating 8/10), C.L. Smith Elementary School (GreatSchools Rating 4/10), Dover Air Force Base Middle School (GreatSchools Rating 9/10), Fred Fifer III Middle School (GreatSchools Rating 4/10), Polytech High School (GreatSchools Rating 6/10), Lake Forest High School (GreatSchools Rating 2/10), Positive Outcomes Charter School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,984 (source: MLS/based on county public records data).
The last sale was on September 28, 2004 for $525,000 (source: MLS/tax record).
The property at 278 Otter Way has 5 bedrooms and 3 full and 1 half bathrooms.
The property 278 Otter Way is 3,229 SqFt (source: MLS/tax record).
The year of construction for 278 Otter Way is 2005.
This home is located at 278 Otter Way in Frederica, DE and zip code 19946 in the Riverview neighborhood. This 3,229 square foot home, which was built in 2005, sits on a 0.55 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $449,000.
The number of listings in Frederica, DE increased by 42.9% between April and May 2025. The median list price of listings available in May 2025 was $409,950, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.