Peninsula Lakes is the only coastal community that offers mature trees, 11 ponds, 1 fishing pier, and a scenic nature trail that meanders around the community. Whether you want a pond-view, woods, cul-de-sac or even a basement, Peninsula Lakes has it all. It also is the best value for a Schell Brothers home in coastal Delaware.
Thanks for your interest! We can’t wait to meet with you.
To best help you, the first step is for us to get to know you better and understand what you’re looking for via a virtual appointment. That way we can point you in the right direction when you’re ready to visit our communities in person.
While there are a few builders to choose from, we chose Schell Brothers based on their commitment to quality and home efficiency.
Bryn & Patrick Coastal Club Homeowners
The quality of the Schell-built homes and the way they stand behind their work has been a stress buster.
Steve & MaryAnne Schell Brothers Homeowners
We could not be happier with our beautiful home and its location. Schell Brothers does not build houses, they build homes—and home is where the heart is.
Rick & Al Schell Brothers Homeowners
Now that I’ve moved in, the Schell Brothers team is still involved in our community, hosting events that have helped to turn our group of neighbors into friends.
Sharon Independence Homeowner
Schell builds an outstanding, high-quality home but it is your people who are the reason why Schell Brothers succeeds.
Mike & Jeanine Schell Brothers Homeowners
Everyone was knowledgeable, friendly, willing to help at all times, and we could tell that everyone seemed to enjoy what they were doing. That meant a lot to us as homebuyers.
Cheryl & Mark Schell Brothers Homeowners
I recommend Schell Brothers to anyone interested in buying a home. The customer service was excellent from start to finish and continues today.
Susan & Jonathan Schell Brothers Homeowners
Schell Brothers’ commitment to excellence and happiness convinced us that they were the builder for us!
Neal & Laurie Schell Brothers Homeowners
The Schell Team took pride in helping us innovate, visualize and make decisions when designing our new home. We were able to transform our wish list into a reality.
Steven & Michelle Schell Brothers Homeowners
We are very happy – customer service and the community is great! I think Schell Brothers goes out of their way to make sure every buyer is happy and feels like part of a family. No one else (no builder) does that and we ventured out of our comfort zone to be part of this and we’re glad we did.
Angel & Jerry Schell Brothers Homeowners
Schell's incredible reputation is well-deserved.
Diana & Joe Schell Brothers Homeowner
Model / Future Models
Site plan is not intended to represent future landscaping including trees, sod, or any other vegetation.
Confer with our Community Sales Managers for a community landscaping plan for those details.
Homes & Pricing
Take advantage of our current incentive package!
Plus, now our Delaware homebuyers can choose the incentive option that's right for them!
Check out Grace's explainer video below and learn more.
Get up to
in limited-time incentives.
in Flex Cashto use in any of these ways:
Use it to lower your interest rate
Apply it towards closing costs
Use it toward your design selections
Reduce the base price of your home
$4,500 Cash Towards Closing
Platinum Package for an additional $10,000 offOffer available when you use our preferred lender, settlement attorney, and title insurance company.
in potential savings
And as always, we pay half your transfer taxes.We're one of the only builders in coastal Delaware who splits the 4% transfer tax with you!
Ask about our Loyalty Savings for Repeat Buyers, Referral Program, and Military and First Responder incentives.
Base price includes lot cost. Some lots have additional premiums. Some plans may require structural options to meet minimum square feet requirements.
Peninsula Lakes features 11 thoughtfully planned lakes, walking trails and community amenities that include a resort-style clubhouse, fitness center and outdoor pool with splash pad. Your summer will be a breeze at Peninsula Lakes. Lounge on shaded verandas and elevated patios that overlook the lake or enjoy a relaxing evening with friends and family at the patio bar and lounge.
When the amenities are complete, Peninsula Lakes will also feature tennis and pickle ball courts, bocci and horseshoes, and of course dog parks for your fur babies.
Clubhouse bragging rights!
Shaded verandas and elevated patios that overlook the lake will make your summer a breeze.
The seasonal pool even has a splash pad! Enjoy a relaxing evening with friends and family at the patio bar and lounge.
Enjoy low-maintenance, energy efficient homes that feature abundant open space and natural light.
It’s all about the Lakes.
Our 11 lakes define and inspire the design of the streetscapes, open spaces and homesite layout. This is a rare opportunity to live in a unique place that offers both a peaceful escape and a fun, active resort setting.
Explore the clubhouse now!
Journey inside the clubhouse without leaving the safety and comfort of your home by using our virtual tour.
Peninsula Lakes is located within a stone’s throw of the Indian River Bay, and just 13 miles from the Atlantic Ocean and Beaches.
There are three grocery stores, two pharmacies, emergency walk-in care, veterinary clinic, nail salons, hair salons, liquor store, and numerous restaurants all just around the corner. So, you don’t need to travel far for your daily needs.
Lewes is a charming town featuring specialty shops, fine dining, pristine beaches and nature trails.
Junction Breakwater Trail
Cape Henlopen State Park
Rehoboth Beach, Delaware
Rehoboth Beach is known for its vibrant boardwalk, shopping, amusements, fine dining, and beautiful beaches.
Rehoboth Beach Boardwalk
Movies at Midway
Single-family homesites are approximately 1/4 acre and range from 7,500 sq. ft. to 11,000 sq. ft. Some of our homesites can accommodate basements. Villa Sites are fee-simple (you own the land) and are around 5,000 sq. ft. Many homesites back to ponds and/or open space. These homesites will not have basements.
HOA Fees are $192 per month. The fees will include access to all amenities, snow removal for the community roads, trash removal and lawn maintenance (grass cutting) for each residence and maintenance of the common areas.
Property taxes typically range from $1,000 to $2,000 per year (yes, per year, not per month). We know that seems too low to be true ;). Delaware also has no sales tax and consistently ranks in the top 5 for the most tax-friendly states.