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Listed by MICHAEL DOMINGUEZ • Jack Lingo - Lewes
$ 2,952,000
Est. payment | /mo
47.84 Acres Lot
$ 2,952,000
Est. payment | /mo
47.84 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID DESU2036468
HOA Y/N N
Originating Board BRIGHT
Available Date 2023-02-27
Tax Year 2023
Lot Size 47.840 Acres
Acres 47.84
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Property Description
Prime development opportunity in high-value Milton, Delaware. Zoned AR-1, Agricultural/Residential,
• Parcel Zone: AR-1
• Total Parcel Area: 47.84 acres
• Min lot area: .75 acre
• 47.84/0.75 = 63.78 lots (This is the max density if you were not in the Low-Density area)
• 63.67 lots x 0.75 = 47.84 = 47 lots. (This is the actual max lots, the Low-Density overlay
requires you to reduce the allowable units by 25%)This property features 12.84 acres of wooded area and the rest of the area is cleared. Located just outside the Town of Milton, and just off of Rt 1 this property, offers easy access to the Town of Milton, Broadkill Beach, The Rookery Golf Course, Lewes, Rehoboth Beach, and Milford. Plenty of road frontage on both Draper and Reynolds Rd. Survey is available upon request for serious buyers.
• Parcel Zone: AR-1
• Total Parcel Area: 47.84 acres
• Min lot area: .75 acre
• 47.84/0.75 = 63.78 lots (This is the max density if you were not in the Low-Density area)
• 63.67 lots x 0.75 = 47.84 = 47 lots. (This is the actual max lots, the Low-Density overlay
requires you to reduce the allowable units by 25%)This property features 12.84 acres of wooded area and the rest of the area is cleared. Located just outside the Town of Milton, and just off of Rt 1 this property, offers easy access to the Town of Milton, Broadkill Beach, The Rookery Golf Course, Lewes, Rehoboth Beach, and Milford. Plenty of road frontage on both Draper and Reynolds Rd. Survey is available upon request for serious buyers.
Location
State DE
County Sussex
Area Broadkill Hundred (31003)
Zoning AR-1
Exterior
Water Access N
Garage N
Building
Sewer No Sewer System
Water Well Required
Schools
Middle Schools Mariner
High Schools Cape Henlopen
School District Cape Henlopen
Others
Tax ID 235-07.00-147.02, 147.03
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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