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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 |
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COUNTY | SUSSEX | STATUS | Sold |
PROPERTY TYPE(S) | Lot/Land/Acreage |
School District | CAPE HENLOPEN |
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PRICE HISTORY | |
Prior to Jan 14, '22 | $1,690,000 |
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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 |
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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.
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