USLakeFront Lake survey & intelligence

$420,000

7536 Waters Edge, Bear, DE 80735

Sample listing
4
Bedrooms
1
Bathrooms
3,450
Square feet
300 ft
Shoreline
$1,400
Per shoreline ft

Big-water views from a walk-out ranch on Lums Pond. Roughly 300 feet of owned shoreline on 0.88 acres, with 4 bedrooms across 3,450 square feet. Floating dock. Water clarity on Lums Pond averages around 4 feet and the lake is classified stable for water level. Dock and shoreline work fall under Delaware DNREC. This is a sample listing used to demonstrate the platform.

Features

Two-slip dockGuest quartersDock power and waterIrrigation from lakeVaulted ceilingsBoat liftScreened porchNew seawall

Property facts

Property typeCondo Year built1990 Lot size0.88 acres DockFloating dock Water depth at dock16 ft ExposureWest-facing ViewSunset Annual taxes$6,382 HOA$250/mo Short-term rentalVerify locally Listed2026-08-05
$4,467
All-in monthly
$97,330
Cash to close
$18,908
Costs beyond the obvious

Up front

Down payment$84,000
Closing costs (est. 2.4%)$10,080
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$97,330

Every year

Principal & interest$26,555
Property taxes$6,382
Hazard insurance$1,764
Flood insurance$2,400
HOA / POA dues$3,000
Utilities$4,658
Maintenance reserve (1.1%)$4,620
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,800
Total$53,608
Adjust these assumptions →
$1,400
This home / shoreline ft
$2,122
Lake average
$122
Per square foot
Well below the lake average — this property prices at $1,400 per shoreline foot against a lake average near $2,122, a difference of -34%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year163 Gross revenue$100,175 Lodging tax−$11,019 Management−$17,831 Cleaning & supplies−$22,031 Net operating income$49,293 Against annual carry$-4,315
Model your own →
5.5
Lake score
D
Water grade
0 ft
Drawdown
Level stabilityStable Typical clarity4 ft Dock authorityDelaware DNREC
Full Lums Pond report →
Comparable

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