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103 Madison Dr , Lewes, DE 19958
$340,000
Est. Payment: $1,859.40/mo
3 Bed
2 Bath
1720 Sqft
0.51 Acres
Status: active | Days on site: 1
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KWRSX - 3260047,3337399
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

INVESTOR OPPORTUNITY in Lewes, Delaware! Situated on a desirable corner lot in a quiet NO HOA community within the Cape Henlopen School District, this one-owner custom-built home offers excellent potential in a convenient location near the Georgetown-Lewes Trail and Route 9. The single-level layout features an open living and dining area, two bedrooms, and a primary suite complete with a soaking tub and walk-in closet. A separate flex room provides additional versatility for a home office, guest room, or potential third bedroom. Outside, enjoy a large fenced rear yard with plenty of room to make it your own. Whether you're looking to expand your investment portfolio or bring your vision to life, this property presents an excellent opportunity for investors, contractors, or buyers looking to renovate and create a home tailored to their own style.
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Highlights

Listed by Russell G Griffin , 3028561458 and Marcie Lynn Smith , 3028413987 Keller Williams Realty , 3028561458. Bright MLS

Property Type

Residential
Lot/Acreage
0.51

Year Built

2001

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

 Neighborhood

Nesbitt Station

 School District

Cape Henlopen

Listing ID

DESU2123820

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Refrigerator, Icemaker, Dishwasher, Disposal, Microwave, Washer, Dryer, Cooktop, Oven - Wall
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1720
Other:
  • ▪ Main Floor Bedrooms:3
  • ▪ Additional:Ceiling Fan(s)
Water:Private,Well

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:6
Zoning:AR-1
Others:
  • ▪ Additional:Outbuilding(s)
Sewer:Public Sewer
Parking Features:Paved Driveway,Garage Door Opener,Garage - Side Entry,Attached Garage,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,859
Taxes
$81

Home Price

$340,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$68,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,859.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,859.40 $81.25 $0.00 $1,940.65
Yearly $22,312.74 $975.00 $0.00 $23,287.74
Total $669,382.33 $29,250.00 $0.00 $698,632.33
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Lewes, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS