Historic Coastal Small Town Meets EnergySmart New Homes! Walk to downtown and Wagamon’s Pond. Located in the heart of the historic coastal town of Milton, Delaware, the Preserve on the Broadkill is a desirable luxury community that makes a perfect coastal retreat. Walk to the small shops and dining of Milton, which is only short drive from all the beach attractions. The Preserve is a small enclave of wonderful homesites, and all Capstone Lots are suitable for basements.