Kent County isn’t blessed with endless miles of waterfront. Eliminate a bayfront that is more susceptible than ever to coastal flooding and you’re left with rivers in marshes, like the Leipsic, and scattered ponds. Which is why Silver Lake in Dover is so attractive. Older homes around the waterway turn over infrequently, so they hold value, and both single-family dwellings and town houses can be had at several price points, some of them surprisingly low. Stonesifer points to the 20-year-old townhouse-style condominium community of Chatham Cove as a value. Even nicely updated two-story, two-bedroom, two-bath units of 1,500 square feet price at an astonishing $130,000. Not only does Silver Lake offer water views and great value, it sits on the edge of downtown Dover, so Loockerman Street destinations such as the Schwartz Center for the Arts and 33 West Alehouse & Grill are within walking distance and Silver Lake has a restaurant of its own in the five-year-old McGlynn’s Pub. Also walkable are cultural events at Wesley College and Dover Public Library. Capital district schools are consistent performers, living in Dover keeps you in the seat of county and state government, and big attractions like Dover Mall and Dover Downs Hotel & Casino lie a short hop across U.S. 13. See also The subdivision of Pennwood in Dover, an established community on the St. Jones River, where about 10 homes are sited on the water downstream of Silver Lake, and the newer Windswept, where the few homes on the St. Jones can list for nearly $700,000
Silver Lake, Kent County
Silver Lake: One of the best places to live in Delaware in 2013.