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Listed by JOHN ZACHARIAS • Patterson-Schwartz-OceanView
$ 1,950,000
Est. payment | /mo
5.05 Acres Lot
$ 1,950,000
Est. payment | /mo
5.05 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU2084996
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $446
Tax Year 2024
Lot Size 5.050 Acres
Acres 5.05
Property Sub-Type Land
Property Description
Two words: Development Potential!!!! Simply put, this parcel is located on the highly desirable and impeccable location on Robinsonville Road. Imagine being so close to the Town of Lewes yet is quiet enough away from Rt. 1 surrounded by other residential areas. This land has been studied with engineering and has been approved for water and sewer. There has yet to be a final plan by planning and zoning, however for a potential developer the possibilities are endless. Land is available to be subdivided with 10-20 single family homes, 30-40 townhomes or 15-20 twin homes. Based on the location and surrounding comparable properties, the return of investment is very high. All current studies and supplements are available on file. There is a site evaluation, no wetlands found and other engineering studies. The land itself is beautiful ground with some trees and private lot availability. A DelDot approved entrance and hydrants are in place. One of the closest development parcels west of rt. 1 at this price.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RESIDENTIAL
Exterior
Utilities Available Sewer Available
Water Access N
Garage N
Building
Lot Description Backs to Trees, Cleared
Sewer Public Sewer
Water Public
Schools
Elementary Schools Love Creek
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Tax ID 334-05.00-225.02
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Virtual Tour https://vt-idx.psre.com/BB00799
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