Attn Investors. Buy and Hold this remarkable, pristine, wooded parcel. Current zoning allows 2/units to the acre and quite possible when Artesian Water Co. installs the laterals. They are confirmed to provide all central utilities. Property is mostly wooded, with mature trees. Timber report is included, recently paid by Seller.… Read More The area is rural, but close to everything that the 2nd home buyer or local family's desire. Adjacent single family community selling prices are now $600k++. No heavy traffic, no night noises from living near downtown. A beautiful rectangular nearly 50 acre parcel within 20 minutes to the beaches. This parcel is in Level III. Near enough to the Town of Millsboro to qualify for partial AH or Workforce Housing incentives. Recent legislative agenda supports this location for future development. Seller offering a reduced price of $4mm to cash investors who settle within 12 months. Read Less
Courtesy of Berkshire Hathaway HomeServices PenFed Realty
Listing Snapshot
Days Online
7
Last Updated
Property Type
Unimproved Land
Lot Size
48.12 Acres
MLS Number
DESU2089822
30 Days Snapshot Of 19966
$308k
-22%
(avg) sold price
67
-16%
homes sold
75
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Length: 1050, Road Responsibility: Public, State, Black Top
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