32198 Ivory Gull Way, MILLSBORO, DE 19966 (MLS # DESU2104608)

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PRICE $739,000 dsIDX morgage calculator
BEDS 4
BATHS 5
HOME SIZE 3,586 sqft
LOT SIZE 7,841 sqft

Introducing 32198 Ivory Gull Way in the sought-after Peninsula Lakes community, a stunning Schell Brothers home gracefully positioned along one of the neighborhood's picturesque lakes, offering tranquil water views and exceptional living space across three beautifully finished levels. Impeccably maintained and thoughtfully updated, this 4-bedroom, 4.5-bath residence feels fresh and inviting, with recently painted interiors throughout the main and upper levels enhancing its like-new appeal. A welcoming front porch sets the tone for what awaits inside. Rich hand-scraped hardwood flooring flows throughout the main level, creating warmth and cohesion. The two-story foyer is flanked by a private home office with French doors, ideal for today's flexible lifestyle. Beyond, the light-filled great room unfolds, framed by expansive picture windows that capture panoramic lake views. A detailed fireplace and custom built-in feature wall anchor the space, blending comfort with refined craftsmanship. The gourmet kitchen is truly the heart of the home. A dramatic boomerang-shaped island with a deep farmhouse sink and breakfast bar seating commands attention, surrounded by 42" display cabinetry, elegant quartz countertops, stainless steel appliances, a spacious pantry, and a built-in planning station/buffet. Whether hosting gatherings or enjoying everyday meals, the adjacent dining area provides the perfect setting. Just beyond, the solarium offers a serene retreat for morning coffee, all while overlooking the shimmering lake. A spacious mudroom with garage access and a well-appointed powder room complete the main level. Upstairs, the primary suite serves as a private sanctuary, featuring dual walk-in closets and a spa-inspired bath with double vanities, soaking tub, glass-enclosed shower, private water closet, and a private balcony overlooking the water, the perfect place to unwind at day's end. Three additional bedrooms, each with walk-in closets, two additional full baths, a convenient laundry room, and generous walk-in attic storage complete the upper level. The finished lower level expands the home's versatility, offering a large family and recreation area with defined spaces for media, games, and relaxation, along with a full bath and storage rooms, ideal for entertaining or multi-generational living. Recent updates include a new dishwasher, sump pump, and upper-level thermostat, providing added peace of mind. Peninsula Lakes offers resort-style amenities including 11 scenic lakes, walking trails, clubhouse, fitness center, outdoor pool with splash pad, pickleball courts, fishing pier, dog park, shaded verandas, and a patio bar and lounge. Ideally located in Millsboro, just minutes from Lewes and Rehoboth Beach, this exceptional home delivers luxury lakefront living with coastal convenience.

DAYS ON MARKET 0 LAST UPDATED 6/29/2026
TRACT PENINSULA LAKES YEAR BUILT 2017
COMMUNITY Indian River Hundred (31008) GARAGE SPACES 2.0
COUNTY SUSSEX STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District INDIAN RIVER
Elementary School LONG NECK
Jr. High School SUSSEX CENTRAL
High School SUSSEX CENTRAL

PRICE HISTORY
Prior to Mar 12, '26 $825,000
Mar 12, '26 - Mar 24, '26 $799,000
Mar 24, '26 - May 4, '26 $775,000
May 4, '26 - Jun 29, '26 $749,000
Jun 29, '26 - Today $739,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Electric
AIR CONDITIONING Yes
AMENITIES Snow Removal, Trash
APPLIANCES Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
AREA Indian River Hundred (31008)
BASEMENT Finished, Yes
CONSTRUCTION Frame, Shake Siding, Vinyl Siding
EXTERIOR Balcony
FIREPLACE Yes
GARAGE Yes
HEAT Exhaust Fan, Forced Air, Natural Gas
HOA DUES 772|Quarterly
INTERIOR Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-in Closet(s)
LOT 7841 sq ft
LOT DESCRIPTION Back Yard, Cleared, Front Yard, Waterfront
LOT DIMENSIONS 94.00 x 98.00
PARKING Garage Door Opener, Asphalt, Garage, Driveway, Inside Entrance, Attached
POOL DESCRIPTION Community
SEWER Private Sewer
STORIES 2
STYLE Coastal, Contemporary
SUBDIVISION PENINSULA LAKES
TAXES 1172
VIEW Yes
VIEW DESCRIPTION Water, Lake, Garden
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Pond
MORTGAGE CALCULATOR
   

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