Peninsula Lakes - Millsboro, Delaware

The homes in Peninsula Lakes are new and resale single-family residences built primarily by Schell Brothers. The community also features resales from other quality builders like Ryan Homes. Homes range from approximately 1,600 to over 4,000 square feet, offering a variety of floor plans, including both ranch and two-story options. All Schell Brothers homes are built with the highly energy-efficient Schellter™ Advanced Building Science technology. Features often include gourmet kitchens, granite/quartz countertops, and options for finished basements, sunrooms, and bonus rooms, ensuring a personalized, low-maintenance home.

Peninsula Lakes offers a vast, resort-style amenity package centered around its 11 lakes. The community boasts a stunning lakefront clubhouse ? with a state-of-the-art fitness center ??, a lounge, and banquet rooms. Outdoors, the community has a resort-style swimming pool with a beach entry and splash pad, extensive walking trails ?, and a fishing pier. For sports and recreation, the community provides dedicated courts for tennis and pickleball ?, as well as bocce courts and a dog park ?. The multiple scenic lakes are stocked, offering residents opportunities for fishing and kayaking.

You can feel the sense of possibility the moment you turn onto the beautifully landscaped entrance. The air is fresh, and the sight of the water confirms you’ve arrived at a true resort destination. This is the story of Peninsula Lakes, a community with a strong emphasis on water and wellness, anchored by the clubhouse and the extensive nature trails.

Living here means the community calendar and the peace of the lakefront, in a low-maintenance home. For a buyer moving to Millsboro, DE, it’s about finding an instant social network and a quality lifestyle in one of the best neighborhoods in Millsboro, DE.

Peninsula Lakes is ideally located just 12 miles from the beaches of Rehoboth, Lewes, and Dewey, offering easy access to coastal fun. For daily needs, there are three major grocery stores, pharmacies, emergency walk-in care, and numerous local restaurants just around the corner from the community entrance. The larger town of Millsboro provides quaint, local charm and additional tax-free shopping and dining options. Its location also offers quick access to the Indian River Bay for boating and fishing enthusiasts.

The HOA at Peninsula Lakes is comprehensive and designed to deliver a carefree, resort lifestyle. The HOA fee is approximately $255 per month (as of October 2025). This fee is estimated to cover:

• Lawn Care: Grass cutting, trimming, and landscaping maintenance for all common areas and individual homesites.

• Amenities: Maintenance and upkeep of the clubhouse, pools, fitness center, sports courts, and all recreational facilities.

• Essential Services: Trash and recycling removal and common area snow removal.

This coverage removes the burden of exterior maintenance.

Peninsula Lakes is built around 11 scenic lakes with a lakefront clubhouse and resort-style amenities.
Clubhouse: a fitness center, lounge and banquet rooms.
Outdoors: a beach-entry pool with splash pad, walking trails, a fishing pier, and stocked lakes for fishing and kayaking.
Courts: tennis, pickleball and bocce courts, plus a dog park.
HOA fee: approximately $255 per month as of October 2025.
Fee covers: lawn care for common areas and individual homesites, amenity upkeep, trash and recycling removal, and common area snow removal.
Call us at 302-549-5164 and we will get the current HOA documents and fees for any home you are considering.

Retiring in Delaware comes with significant financial benefits. (As of October 2025), the state has no sales tax, which means you save money on every purchase. Delaware also boasts one of the lowest property tax rates in the nation (annual property taxes typically range from $2,000 to $3,000 for homes in this area). For those 60 and older, the state offers a generous pension and retirement income exclusion, allowing you to exclude up to $12,500 of pension income from state taxes. In addition, Social Security benefits are completely tax-exempt at the state level. These favorable tax laws help your retirement savings go further, making Delaware a smart financial choice.