Ballad End

For

$844,310

Est. Payment

$3,180 /mo

Own a home at The Cove at Spring Lake
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $3,180, based on a 4.5% Interest Rate, 6.68% APR
Year 2: Payment of $3,490, based on a 5.5% Interest Rate
Year 3-30: Payment of $3,816, based on a 6.5% Interest Rate

Principal & Interest

$2,572

Property Tax

$211

Hazard Insurance

$60

HOA Fee

$337

Total estimated monthly payment

$3,180

Financing example based on a Conventional conforming 30 year loan product with a 2-1 buydown. Based on a sales price of $844,310, a loan amount of $507,571 and a 40% down payment. Principal and interest payment of $2,572/month with a rate of 4.5% for year one, $2,882/month with a rate of 5.5% for year two, $3,208/month with a rate of 6.5% for year three and an APR of 6.68%. Rates come at a cost of 1.25% of the loan amount. Real Estate taxes are estimated at $211 per month and hazard insurance is estimated at $60 per month for a total monthly payment of $3,180 for year one, $3,490 for year two and $3,816 for years 3-30. The total payment shown includes the monthly HOA fee of $337. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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302.214.6315

available home in The Cove at Spring Lake

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Located in The Cove at Spring Lake

4 Bedroom

1,950 Sq.Ft.

3 Full Bath

1 Half Bath

1 Car Garage

Floor Plan

Virtual Tour

About the Home

Available in April 2026

Welcome to The Cove at Spring Lake – the lowest-priced new homes within walking distance or Rehoboth and Dewey Beaches.

This Ballad's exterior offers relaxed, upscale style with a coastal resort facade and oversized rear deck. Inside, enjoy luxury vinyl plank flooring throughout the first and second levels, adding warmth and durability.

The kitchen is a showstopper, featuring painted linen cabinetry with a navy island, quartz countertops, tile backsplash, hooded vent, and a full suite of stainless steel appliances – including the refrigerator. A large island anchors the space, ideal for entertaining after a day at the beach.

Upstairs, the owner's suite is a private retreat with two walk-in closets, a tray ceiling, and a spa-inspired bath with quartz counters, dual vanities, and a Roman shower with a frameless glass door. A first-floor guest bedroom with a full bathroom adds flexibility for visitors or a home office.

This home is nestled away from Route one, backing to open space with no rear neighbors, allowing you to enjoy both privacy and premium finishes in a coastal setting.