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Development potential! 4.13 +/- acres located in the highly desired location of Old Landing Road in Rehoboth Beach. Sale includes parcels 78.00 and 78.01. Central sewer and water available. Currently zoned AR-1, but surrounded by MR-1 (medium-density residential), which allows for 4 units per acre. Excellent candidate for rezoning and great development opportunity.
| DAYS ON MARKET | 518 | LAST UPDATED | 12/20/2022 |
|---|---|---|---|
| COUNTY | SUSSEX | STATUS | Sold |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | CAPE HENLOPEN |
|---|
| PRICE HISTORY | |
| Prior to Jan 14, '22 | $1,690,000 |
|---|---|
| Jan 14, '22 - Feb 21, '22 | $1,590,000 |
| Feb 21, '22 - Mar 11, '22 | $1,490,000 |
| Mar 11, '22 - Mar 24, '22 | $1,390,000 |
| Mar 24, '22 - Today | $1,290,000 |
| ADDITIONAL DETAILS | |
| HOA DUES | None |
|---|---|
| LOT | 4.13 acre(s) |
| LOT DESCRIPTION | Backs to Trees |
| SEWER | Public Hook/Up Avail |
| TAXES | 358.00 |
| WATER | Public Hook-up Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jack Lingo - Rehoboth, sold by SVN |Miller Commercial Real Estate
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2024 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2024.
